Enbridge Inc. (ENB) AI Stock Analysis

Enbridge Inc. is an energy infrastructure enterprise organized into five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines division operates pipelines and terminals moving crude oil and liquid hydrocarbons across Canada and the United States. Its Gas Transmission and Midstream segment manages natural gas pipelines, gathering systems, and processing facilities. Gas Distribution and Storage provides natural gas utility services, while Renewable Power Generation manages wind, solar, geothermal, and waste heat recovery facilities across North America and Europe. Energy Services provides physical energy marketing and logistics.

Enbridge grew revenue from $47.07B in FY2021 to $65.19B in FY2025, recording a 5-year revenue CAGR of 10.8%. Annual revenue rose 13.3% in FY2022, declined 18.1% in FY2023, and rebounded with gains of 22.5% in FY2024 and 21.9% in FY2025. Operating margin was 16.6% in FY2021, 9.7% in FY2022, 19.8% in FY2023, 18.0% in FY2024, and 16.8% in FY2025. Net income reached $7.49B in FY2025 with a net margin of 11.5% and EPS of $3.02. For the latest quarter ending June 30, 2026, quarterly revenue growth was 97.1%, while quarterly earnings fell 36.0%.

As of June 30, 2026, Enbridge held $2.86B in cash and short-term investments against total debt of $112.13B, resulting in net debt of $109.27B. Shareholders' equity stood at $65.35B and total assets totaled $231.65B, reflecting a current ratio of 0.72 and a debt-to-equity ratio of 1.72. Operating cash flow in FY2025 was $12.27B, producing free cash flow of $3.10B. Cash deployment in FY2025 included $9.16B for capital expenditures and $8.64B for dividends paid, alongside $28.0M in share issuance.

At a share price of $48.10 as of October 16, 2026, Enbridge has a market cap of $107.21B and an enterprise value of $190.03B. The stock trades at a trailing P/E of 25.7x and a forward P/E of 20.4x, higher than the median of its US-listed Energy peers at 15.0x and 12.7x. Its EV/EBITDA stands at 14.2x versus the peer median of 8.0x, while its price-to-sales of 1.3x sits below the peer median of 1.8x. Over the past year, Enbridge generated a return of 7.5%, trailing the S&P 500 (SPY) return of 16.8%.

Enbridge offers a forward annual dividend of $2.80 per share, representing a dividend yield of 5.82%. The company has paid dividends for 42 consecutive years, with a 5-year annualized dividend growth rate of 2.3%. Dividends are distributed quarterly, with the last ex-dividend date on August 14, 2026. The dividend payout ratio stands at 110.4%.

Wall Street coverage includes 8 Strong Buy, 6 Buy, 9 Hold, 0 Sell, and 1 Strong Sell recommendations. The mean price target is $51.53, indicating 7.1% upside from the last close of $48.10. For the current fiscal year ending December 31, 2026, consensus estimates project EPS of $2.90 and revenue of $82.09B. For the next fiscal year, 13 analysts project EPS of $3.19 and revenue of $74.73B. Enbridge beat EPS estimates in 3 of the last 4 quarters, with next earnings scheduled for November 6, 2026.

This page is an AI-written research summary of Enbridge Inc. (ENB). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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