Enbridge (ENBRF) Return on Capital Employed (2018 - 2026)
Enbridge's (ENBRF) quarterly Return on Capital Employed came in at 5.26% in Q1 2026, down 8.0% year-on-year from 5.72% in Q1 2025, and down 4.29% sequentially from 5.5% in Q4 2025.
Enbridge (ENBRF) Return on Capital Employed (2018 - 2026) Analysis & Trends
Enbridge's Return on Capital Employed history runs 9 years deep, the most recent figure standing at 5.26% for Q1 2026.
- In Q1 2026, Return on Capital Employed fell 8.0% year-over-year to 5.26%; the TTM figure through Mar 2026 stood at 5.26% (down 8.0% YoY), while the FY2025 annual figure was 0.74%, down 471.0% from the prior year.
- Return on Capital Employed came in at 5.26% for Q1 2026 at Enbridge, down from 5.5% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 5.5% in Q4 2025 and troughed at 3.37% in Q4 2022.
- The 5-year median for Return on Capital Employed is 5.02% (2022), against an average of 4.8%.
- The widest annual swing landed in 2022, when Return on Capital Employed sank 191 bps; it then soared 198 bps in 2023.
- A 5-year view of Return on Capital Employed shows it stood at 3.37% in 2022, then jumped by 59 bps to 5.35% in 2023, then declined by 4 bps to 5.16% in 2024, then gained by 7 bps to 5.5% in 2025, then slipped by 4 bps to 5.26% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 5.26% in Q1 2026, 5.5% in Q4 2025, and 5.28% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 5.26% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 7.42% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 11.93% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 7.59% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 3.63% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 14.56% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 9.98% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 22.68% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 10.22% |
| 10 | Enbridge | - | - | 6.70 Bn | 5.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.26% |
| Dec 31, 2025 | 5.50% |
| Sep 30, 2025 | 5.28% |
| Jun 30, 2025 | 5.33% |
| Mar 31, 2025 | 5.35% |
| Dec 31, 2024 | 5.16% |
| Sep 30, 2024 | 4.93% |
| Jun 30, 2024 | 4.81% |
| Mar 31, 2024 | 5.12% |
| Dec 31, 2023 | 5.35% |
| Sep 30, 2023 | 3.92% |
| Jun 30, 2023 | 3.91% |
| Mar 31, 2023 | 3.46% |
| Dec 31, 2022 | 3.37% |
| Sep 30, 2022 | 4.93% |
| Jun 30, 2022 | 4.84% |
| Mar 31, 2022 | 5.02% |
| Dec 31, 2021 | 5.28% |
| Sep 30, 2021 | 5.33% |
| Jun 30, 2021 | 5.76% |