Enbridge (ENBHF) Net Margin (2016 - 2026)
Enbridge (ENBHF) reported Net Margin of 7.47% for Q1 2026, down 1829.0% year-over-year from 0.43% in Q1 2025, and down 34.23% quarter-over-quarter from 11.36% in Q4 2025.
Enbridge (ENBHF) Net Margin (2016 - 2026) Analysis & Trends
Enbridge (ENBHF) has 11 years of Net Margin data on file, last reported at 7.47% in Q1 2026.
- Net Margin for Q1 2026 came in at 7.47%, down 1829.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.37% (down 208.0% YoY), and the FY2025 annual result was 10.85%, down 867.0% from the prior year.
- Net Margin fell to 7.47% in Q1 2026 per ENBHF's latest filing, from 11.36% in the prior quarter.
- Over five years, Net Margin peaked at 25.76% in Q1 2025 and troughed at 7.95% in Q4 2022.
- A 5-year average of 10.4% and a median of 11.36% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 2270 bps in 2022, then jumped 2323 bps in 2023.
- A 5-year view of Net Margin shows it stood at 7.95% in 2022, then soared by 292 bps to 15.28% in 2023, then tumbled by 80 bps to 3.04% in 2024, then jumped by 274 bps to 11.36% in 2025, then tumbled by 34 bps to 7.47% in 2026.
- Business Quant data shows ENBHF's Net Margin at 7.47% in Q1 2026, 11.36% in Q4 2025, and 4.66% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 7.47% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 10.39% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 20.73% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 4.30% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 30.35% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 11.71% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 8.07% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 23.51% |
| 10 | Enbridge | - | - | 6.70 Bn | 7.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.47% |
| Dec 31, 2025 | 11.36% |
| Sep 30, 2025 | 4.66% |
| Jun 30, 2025 | 14.63% |
| Mar 31, 2025 | 25.76% |
| Dec 31, 2024 | 3.04% |
| Sep 30, 2024 | 8.69% |
| Jun 30, 2024 | 16.30% |
| Mar 31, 2024 | 12.86% |
| Dec 31, 2023 | 15.28% |
| Sep 30, 2023 | 5.40% |
| Jun 30, 2023 | 17.71% |
| Mar 31, 2023 | 14.35% |
| Dec 31, 2022 | -7.95% |
| Sep 30, 2022 | 11.05% |
| Jun 30, 2022 | 3.41% |
| Mar 31, 2022 | 12.76% |
| Dec 31, 2021 | 14.76% |
| Sep 30, 2021 | 5.95% |
| Jun 30, 2021 | 12.73% |