Enbridge (ENBGF) Gross Margin (2017 - 2026)

Enbridge's Gross Margin history runs 10 years deep, the most recent figure standing at 41.12% for Q1 2026.

• In Q1 2026, Gross Margin fell 4046.0% year-over-year to 41.12%; the TTM figure through Mar 2026 stood at 44.68% (down 4813.0% YoY), while the FY2025 annual figure was 47.3%, up 405.0% from the prior year.
• Gross Margin came in at 41.12% for Q1 2026 at Enbridge, down from 48.72% in the prior quarter.
• Over five years, Gross Margin peaked at 197.3% in Q4 2023 and troughed at 41.12% in Q1 2026.
• The 5-year median for Gross Margin is 54.37% (2024), against an average of 74.91%.
• The widest annual swing landed in 2023, when Gross Margin surged 14326 bps; it then slumped 7663 bps in 2024.
• A 5-year view of Gross Margin shows it stood at 54.04% in 2022, then soared by 265 bps to 197.3% in 2023, then plunged by 39 bps to 120.67% in 2024, then sank by 60 bps to 48.72% in 2025, then decreased by 16 bps to 41.12% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 41.12% in Q1 2026, 48.72% in Q4 2025, and 43.94% in Q3 2025.