Enbridge (ENBRF) Gross Margin (2017 - 2026)
Enbridge (ENBRF) reported Gross Margin of 41.12% for Q1 2026, down 4046.0% year-over-year from 1.04% in Q1 2025, and down 15.6% quarter-over-quarter from 48.72% in Q4 2025.
Enbridge (ENBRF) Gross Margin (2017 - 2026) Analysis & Trends
Enbridge (ENBRF) has 10 years of Gross Margin data on file, last reported at 41.12% in Q1 2026.
- Gross Margin for Q1 2026 came in at 41.12%, down 4046.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 44.68% (down 4813.0% YoY), and the FY2025 annual result was 47.3%, up 405.0% from the prior year.
- Gross Margin slipped to 41.12% in Q1 2026 per ENBRF's latest filing, 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.
- A 5-year average of 74.91% and a median of 54.37% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 14326 bps in 2023, then sank 7663 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 54.04% in 2022, then surged by 265 bps to 197.3% in 2023, then tumbled by 39 bps to 120.67% in 2024, then plunged by 60 bps to 48.72% in 2025, then retreated by 16 bps to 41.12% in 2026.
- Business Quant data shows ENBRF's Gross Margin at 41.12% in Q1 2026, 48.72% in Q4 2025, and 43.94% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 63.77% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 23.85% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 83.61% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 41.52% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 26.67% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 98.68% |
| 10 | Enbridge | - | - | 6.70 Bn | 41.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41.12% |
| Dec 31, 2025 | 48.72% |
| Sep 30, 2025 | 43.94% |
| Jun 30, 2025 | 46.17% |
| Mar 31, 2025 | 81.59% |
| Dec 31, 2024 | 120.67% |
| Sep 30, 2024 | 98.65% |
| Jun 30, 2024 | 54.37% |
| Mar 31, 2024 | 63.71% |
| Dec 31, 2023 | 197.30% |
| Sep 30, 2023 | 52.78% |
| Jun 30, 2023 | 96.47% |
| Mar 31, 2023 | 86.80% |
| Dec 31, 2022 | 54.04% |
| Sep 30, 2022 | 45.56% |
| Jun 30, 2022 | 96.55% |
| Mar 31, 2022 | 45.08% |
| Dec 31, 2021 | 120.28% |
| Sep 30, 2021 | 35.92% |
| Jun 30, 2021 | 41.27% |