Enbridge Inc
Research Enbridge Inc (ENB) on Bullrun: valuation model: 45.0% overvalued, market cap USD 101.77B, P/E 24.8, dividend yield 4.5%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerENB
- ExchangeNYSE
- CountryCanada
- SectorEnergy
- IndustryOil & Gas Midstream
- CurrencyUSD
- Valuation signal45.0% overvalued
- Market capUSD 101.77B
- P/E24.8
- Dividend yield4.5%
- Financial periodQ2 2026
- RevenueCAD 29.32B
- Net incomeCAD 1.50B
- Gross margin22.9%
Valuation Snapshot
Bullrun's latest valuation model marks Enbridge Inc as 45.0% overvalued; latest market cap is USD 101.77B; P/E is 24.8; dividend yield is 4.5%.
Peer valuation comparison
Latest P/E is 24.76x versus a Energy sector median of 15.51x (59.6% above).
Latest dividend yield is 4.5% versus a Energy sector median of 3.62% (24.3% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CAD 65.19B | CAD 7.49B | CAD 3.11B | 33.0% | 3.22 | CAD 1.09B | CAD 105.25B | CAD 62.33B |
| FY2024 | CAD 53.47B | CAD 5.44B | CAD 5.67B | 36.0% | 2.34 | CAD 1.80B | CAD 101.84B | CAD 65.90B |
| FY2023 | CAD 43.65B | CAD 6.19B | CAD 9.33B | 40.5% | 2.84 | CAD 5.90B | CAD 81.20B | CAD 61.45B |
| FY2022 | CAD 53.31B | CAD 3.00B | CAD 6.41B | 30.8% | 1.28 | CAD 861.00M | CAD 80.98B | CAD 59.89B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 101.77B | 24.8 | 4.5% | 2.12 |
| 2025 | 2025-12-31 | USD 104.37B | 20.7 | 1.4% | 0.68 |
| 2024 | 2024-12-31 | USD 92.41B | 24.7 | 4.7% | 1.99 |
| 2023 | 2023-12-29 | USD 76.56B | 32.2 | 7.3% | 2.63 |
| 2022 | 2022-12-30 | USD 79.17B | 18.4 | 6.8% | 2.66 |
| 2021 | 2021-12-31 | USD 79.18B | 17.1 | 6.9% | 2.68 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 2.12 USD, yield 4.5%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.68 CAD |
| FY2024 | 1.99 CAD |
| FY2023 | 2.63 CAD |
| FY2022 | 2.66 CAD |
About Enbridge Inc
Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. The Liquids Pipelines segment operates pipelines and related terminals to transport, store, and export various grades of crude oil and other liquid hydrocarbons in Canada and the United States.
ETFs that hold Enbridge Inc
Enbridge Inc is one of the ten largest holdings of 24 ETFs that investors in Europe can buy. The 8 most traded of them:
| ETF | Weight | TER |
|---|---|---|
| iShares Global Infrastructure UCITS ETF USD (Dist) | 3.57% | 0.65% |
| Xtrackers MSCI World Energy UCITS ETF 1C | 3.67% | 0.25% |
| iSh MSCI Canada USD A | 3.87% | 0.48% |
| UBS MSCI Canada UCITS ETF CAD dis | 3.87% | 0.33% |
| iShares MSCI World Energy Sector UCITS ETF USD Inc | 3.28% | 0.18% |
| State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF | 1.14% | 0.40% |
| HSBC MSCI Canada UCITS ETF | 3.43% | 0.35% |
| State Street SPDR MSCI World Energy UCITS ETF | 2.79% | 0.30% |
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Frequently asked questions
Is Enbridge Inc overvalued or undervalued?
Bullrun's valuation model currently marks Enbridge Inc as 45.0% overvalued.
What is Enbridge Inc's market cap?
Enbridge Inc's market capitalization is USD 101.77B.
What is Enbridge Inc's P/E ratio?
Enbridge Inc's price-to-earnings (P/E) ratio is 24.8.
Does Enbridge Inc pay a dividend?
Enbridge Inc has a dividend yield of 4.5%.
What does Enbridge Inc do?
Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. The Liquids Pipelines segment operates pipelines and related terminals to transport, store, and export various grades of crude oil and other liquid hydrocarbons in Canada and the United States. This segment also provides physical commodity marketing and logistical services, and crude oil marketing services.