Enbridge Inc. (ENB) Financial Statements
Enbridge financial statements at a glance
Enbridge reported revenue of $65.19 billion for fiscal year 2025 (ended December 31, 2025), up 21.9% from fiscal year 2024. Net income was $7.49 billion, a net margin of 11.5%.
At the end of fiscal year 2025 it had total assets of $218.48 billion, total liabilities of $156.14 billion and shareholders' equity of $62.33 billion, with total debt of $105.25 billion.
Its operations brought in $12.27 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Enbridge Inc.
Income Statement
Annual • USD
Enbridge key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $65.2B | $53.5B | $43.6B | $53.3B | 47.1B CAD |
| Gross profit | $27.0B | $24.4B | $22.2B | $20.8B | 14.5B CAD |
| Operating income | $11.0B | $9.6B | $8.7B | $6.3B | 7.8B CAD |
| Net income | $7.5B | $5.4B | $6.2B | $3.0B | 5.8B CAD |
| Total assets | $218.5B | $219.0B | $180.3B | $179.6B | 168.9B CAD |
| Total liabilities | $156.1B | $153.1B | $118.9B | $119.7B | 105.5B CAD |
| Shareholders' equity | $62.3B | $65.9B | $61.5B | $59.9B | 60.8B CAD |
| Cash | – | – | – | – | 286.0M CAD |
| Total debt | $105.3B | $101.7B | $81.2B | $81.0B | 75.6B CAD |
| Operating cash flow | $12.3B | $12.6B | $14.2B | $11.2B | 9.3B CAD |
| Capital spending | – | – | – | – | 8.1B CAD |
| Free cash flow | – | – | – | – | 1.2B CAD |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Enbridge's revenue in fiscal year 2025?
$65.19 billion, up 21.9% from $53.47 billion in fiscal year 2024.
How much profit does Enbridge make?
Enbridge reported net income of $7.49 billion for fiscal year 2025 (11.5% of revenue); operating income was $10.96 billion.
How much cash and debt does Enbridge have?
At the end of fiscal year 2025: total debt of $105.25 billion.
