What is the current annual gross margin of ENB?

As of today, ENB annual gross margin is 32.61%

What is 1-year change in ENB annual gross margin?

ENB annual gross margin is down -9.97% year-over-year

What is 3-year change in ENB annual gross margin?

ENB annual gross margin is up +4.72% over the past 3 years

How far is ENB annual gross margin from its all-time high?

ENB annual gross margin is currently -37.41% below its historical high of 52.10% set on December 1, 1983

How does ENB annual gross margin rank versus sector peers?

ENB annual gross margin is higher than 69.01% of companies in Energy sector

When is ENB next annual earnings release?

The next annual earnings release for ENB is on February 12, 2027

What is the current quarterly gross margin of ENB?

As of today, ENB quarterly gross margin is 23.24%

What is ENB quarterly gross margin most recent change?

ENB quarterly gross margin was up +45.25% on September 30, 2026

What is 1-year change in ENB quarterly gross margin?

ENB quarterly gross margin is down -26.50% year-over-year

How far is ENB quarterly gross margin from its all-time high?

ENB quarterly gross margin is currently -73.59% below its historical high of 88.00% set on December 31, 1998

How does ENB quarterly gross margin rank versus sector peers?

ENB quarterly gross margin is higher than 42.42% of companies in Energy sector

When is ENB next earnings release?

The next earnings release for ENB is on February 12, 2027

Enbridge Inc. (ENB) Gross Margin History & Chart Since 1980

Annual Gross Margin

32.61%3.61%-9.97%

December 31, 2025

Summary

Current Value: As of today, ENB annual gross margin is 32.61%, down -9.97% on December 31, 2025
Historical Performance: ENB annual gross margin is up +4.72% over the past 3 years, down -11.27% over the past 5 years
All-Time High Comparison: ENB annual gross margin is currently -37.41% below its historical high of 52.10% set on December 1, 1983
3-Year Low Comparison: ENB annual gross margin is +4.72% above its 3-year low of 31.14% reached on an earlier date
Sector Comparison: ENB annual gross margin is higher than 69.01% of companies in Energy sector

Gross Margin Chart

beforeafter

Performance

ENB Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	32.61%	-10.0%	+4.7%	-11.3%	+60.6%
Quarterly Gross Margin	Sep 30, 26	23.24%	-26.5%	-41.3%	-21.7%	+60.4%
Price	Nov 13, 26	$47.67	-1.2%	+41.0%	+18.0%	+37.4%
PE Ratio	Nov 13, 26	22.98	-13.1%	-24.1%	+27.4%	-44.5%
Annual Revenue	Dec 31, 25	$46.61B	+19.2%	+13.5%	+60.8%	+217.4%
Annual Gross Profit	Dec 31, 25	$0.00	-100.0%	-100.0%	-100.0%	-100.0%
Annual Operating Margin	Dec 31, 25	17.28%	-7.5%	+10.3%	-10.8%	+62.7%
Annual Net Margin	Dec 31, 25	11.96%	+13.8%	+117.5%	+36.1%	+84.6%

Gross Margin Highs

ENB Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	39.64%	Dec 31, 23	-17.7%
5Y	39.64%	Dec 31, 23	-17.7%
All	52.10%	Dec 1, 83	-37.4%

Gross Margin Lows

ENB Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	31.14%	N/A	+4.7%
5Y	30.22%	Dec 31, 21	+7.9%
All	16.13%	Dec 31, 14	+102.2%

Gross Margin History

Year	Value	Change
2025	32.61%	-10.0%
2024	36.22%	-8.6%
2023	39.64%	+27.3%
2022	31.14%	+3.0%
2021	30.22%	-17.8%
2020	36.75%	+23.0%
2019	29.88%	-2.6%
2018	30.68%	+11.3%
2017	27.56%	+14.8%
2016	24.01%	+9.2%
2015	21.98%	+36.3%
2014	16.13%	-1.4%
2013	16.36%	-14.1%
2012	19.05%	+8.7%
2011	17.52%	-13.7%
2010	20.31%	-11.4%
2009	22.93%	+38.0%
2008	16.62%	-14.4%
2007	19.41%	-7.4%
2006	20.97%	-17.5%
2005	25.43%	-5.4%
2004	26.88%	-22.9%
2003	34.85%	+1.2%

Year	Value	Change
2002	34.43%	-4.1%
2001	35.92%	-30.6%
2000	51.78%	+140.3%
1999	21.55%	+2.4%
1998	21.04%	-7.2%
1997	22.67%	-4.0%
1996	23.61%	+18.6%
1995	19.91%	+0.8%
1994	19.75%	-42.8%
1993	34.51%	+1.4%
1992	34.05%	-4.5%
1991	35.66%	-7.8%
1990	38.69%	+10.2%
1989	35.12%	+0.5%
1988	34.93%	-19.0%
1987	43.11%	-6.5%
1986	46.10%	-7.7%
1985	49.96%	-1.5%
1984	50.71%	-2.7%
1983	52.10%	+3.5%
1982	50.35%	+7.5%
1981	46.83%	+2.8%
1980	45.57%	-

FAQ

What is the current annual gross margin of ENB?: As of today, ENB annual gross margin is 32.61%
What is 1-year change in ENB annual gross margin?: ENB annual gross margin is down -9.97% year-over-year
What is 3-year change in ENB annual gross margin?: ENB annual gross margin is up +4.72% over the past 3 years
How far is ENB annual gross margin from its all-time high?: ENB annual gross margin is currently -37.41% below its historical high of 52.10% set on December 1, 1983
How does ENB annual gross margin rank versus sector peers?: ENB annual gross margin is higher than 69.01% of companies in Energy sector
When is ENB next annual earnings release?: The next annual earnings release for ENB is on February 12, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

23.24%7.24%+45.25%

September 30, 2026

Summary

Current Value: As of today, ENB quarterly gross margin is 23.24%, up +45.25% on September 30, 2026
Historical Performance: ENB quarterly gross margin is down -26.50% year-over-year, down -41.34% over the past 3 years
All-Time High Comparison: ENB quarterly gross margin is currently -73.59% below its historical high of 88.00% set on December 31, 1998
3-Year Low Comparison: ENB quarterly gross margin is +45.25% above its 3-year low of 16.00% reached on June 30, 2026
Sector Comparison: ENB quarterly gross margin is higher than 42.42% of companies in Energy sector

Performance

ENB Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	23.24%	+45.3%	-26.5%	-41.3%	-21.7%
Annual Gross Margin	Dec 31, 25	32.61%	–	-10.0%	+4.7%	-11.3%
Price	Nov 13, 26	$47.67	-7.1%	-1.2%	+41.0%	+18.0%
PE Ratio	Nov 13, 26	22.98	-15.7%	-13.1%	-24.1%	+27.4%
Quarterly Revenue	Sep 30, 26	$15.07B	-27.3%	+40.9%	+106.5%	+57.9%
Quarterly Gross Profit	Sep 30, 26	$3.50B	+5.7%	+3.5%	+21.1%	+23.6%
Quarterly Operating Margin	Sep 30, 26	11.55%	+47.0%	-21.8%	-38.7%	-26.9%
Quarterly Net Margin	Sep 30, 26	6.83%	+24.9%	+18.8%	+7.4%	+0.9%

Quarterly Gross Margin Highs

ENB Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	33.06%	Dec 31, 25	-29.7%
3Y	43.74%	Mar 31, 24	-46.9%
5Y	43.74%	Mar 31, 24	-46.9%
All	88.00%	Dec 31, 98	-73.6%

Quarterly Gross Margin Lows

ENB Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	16.00%	Jun 30, 26	+45.3%
3Y	16.00%	Jun 30, 26	+45.3%
5Y	16.00%	Jun 30, 26	+45.3%
All	-106.50%	Dec 31, 92	+121.8%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	23.24%	+45.3%
Jun 2026	16.00%	-42.0%
Mar 2026	27.58%	-16.6%
Dec 2025	33.06%	+4.6%
Sep 2025	31.62%	-4.5%
Jun 2025	33.10%	+0.2%
Mar 2025	33.05%	-1.0%
Dec 2024	33.39%	+9.2%
Sep 2024	30.59%	-24.4%
Jun 2024	40.44%	-7.5%
Mar 2024	43.74%	+4.6%
Dec 2023	41.83%	+5.6%
Sep 2023	39.62%	-4.7%
Jun 2023	41.57%	+16.4%
Mar 2023	35.70%	+2.8%
Dec 2022	34.74%	-1.5%
Sep 2022	35.27%	+28.8%
Jun 2022	27.39%	-1.8%
Mar 2022	27.90%	-7.1%
Dec 2021	30.04%	+1.2%
Sep 2021	29.69%	-1.2%
Jun 2021	30.04%	-7.3%
Mar 2021	32.42%	-8.3%
Dec 2020	35.37%	-1.2%
Sep 2020	35.79%	-4.5%
Jun 2020	37.46%	+17.2%
Mar 2020	31.97%	+8.6%
Dec 2019	29.45%	-2.8%
Sep 2019	30.31%	+7.7%
Jun 2019	28.15%	-10.9%
Mar 2019	31.60%	-1.6%
Dec 2018	32.12%	+5.0%
Sep 2018	30.59%	-3.2%
Jun 2018	31.61%	+10.2%
Mar 2018	28.69%	+7.2%
Dec 2017	26.77%	-16.6%
Sep 2017	32.10%	+13.0%
Jun 2017	28.41%	+19.2%
Mar 2017	23.84%	+7.6%
Dec 2016	22.15%	+0.4%
Sep 2016	22.06%	-9.0%
Jun 2016	24.23%	-12.8%
Mar 2016	27.79%	+26.7%
Dec 2015	21.94%	+2.6%
Sep 2015	21.38%	-14.3%
Jun 2015	24.96%	+8.8%
Mar 2015	22.94%	+17.7%
Dec 2014	19.49%	+13.6%
Sep 2014	17.15%	+10.3%
Jun 2014	15.55%	+1.6%
Mar 2014	15.31%	+90.0%
Dec 2013	8.06%	-49.8%
Sep 2013	16.04%	-4.9%
Jun 2013	16.87%	+4.3%
Mar 2013	16.18%	-8.8%
Dec 2012	17.75%	+9.0%
Sep 2012	16.29%	-5.0%
Jun 2012	17.14%	+1.8%
Mar 2012	16.83%	-27.9%
Dec 2011	23.33%	+61.0%
Sep 2011	14.49%	-14.2%
Jun 2011	16.88%	-9.9%
Mar 2011	18.74%	-5.4%
Dec 2010	19.82%	+0.3%
Sep 2010	19.76%	-7.8%
Jun 2010	21.43%	+20.4%
Mar 2010	17.80%	-18.3%

Month	Value	Change
Dec 2009	21.79%	-6.0%
Sep 2009	23.18%	+7.2%
Jun 2009	21.63%	+6.7%
Mar 2009	20.27%	-3.7%
Dec 2008	21.04%	+51.6%
Sep 2008	13.88%	+7.3%
Jun 2008	12.94%	-31.4%
Mar 2008	18.85%	-3.6%
Dec 2007	19.56%	+7.7%
Sep 2007	18.16%	-6.5%
Jun 2007	19.42%	-4.0%
Mar 2007	20.23%	-14.8%
Dec 2006	23.74%	+8.7%
Sep 2006	21.84%	+4.7%
Jun 2006	20.86%	+14.7%
Mar 2006	18.19%	-16.6%
Dec 2005	21.80%	-17.7%
Sep 2005	26.49%	-14.3%
Jun 2005	30.92%	+22.9%
Mar 2005	25.15%	+23.6%
Dec 2004	20.35%	-14.9%
Sep 2004	23.92%	-30.6%
Jun 2004	34.45%	+2.6%
Mar 2004	33.57%	-12.0%
Dec 2003	38.15%	+12.1%
Sep 2003	34.04%	-3.0%
Jun 2003	35.08%	+7.7%
Mar 2003	32.58%	-20.2%
Dec 2002	40.84%	+21.9%
Sep 2002	33.50%	-1.8%
Jun 2002	34.12%	+2.7%
Mar 2002	33.21%	-37.8%
Dec 2001	53.36%	+302.4%
Sep 2001	13.26%	-36.4%
Jun 2001	20.85%	-54.7%
Mar 2001	45.99%	-24.0%
Dec 2000	60.48%	+10.7%
Sep 2000	54.63%	+15.5%
Jun 2000	47.30%	-9.9%
Mar 2000	52.52%	>+9,900.0%
Sep 1999	0.00%	-100.0%
Jun 1999	47.08%	-6.4%
Mar 1999	50.29%	-42.9%
Dec 1998	88.00%	+38.5%
Sep 1998	63.54%	+15.0%
Jun 1998	55.27%	-6.9%
Mar 1998	59.39%	-29.2%
Dec 1997	83.93%	+54.1%
Sep 1997	54.47%	+4.4%
Jun 1997	52.15%	-13.2%
Mar 1997	60.05%	-17.4%
Dec 1995	72.73%	+32.1%
Sep 1995	55.06%	+25.3%
Jun 1995	43.95%	-12.3%
Mar 1995	50.14%	-13.0%
Dec 1994	57.64%	-27.8%
Sep 1994	79.84%	-0.5%
Jun 1994	80.25%	+1.4%
Mar 1994	79.12%	-0.2%
Dec 1993	79.27%	-1.0%
Sep 1993	80.08%	+0.5%
Jun 1993	79.71%	+0.7%
Mar 1993	79.16%	+174.3%
Dec 1992	-106.50%	-232.3%
Sep 1992	80.52%	-0.6%
Jun 1992	81.02%	-1.1%
Mar 1992	81.93%	-

FAQ

What is the current quarterly gross margin of ENB?: As of today, ENB quarterly gross margin is 23.24%
What is ENB quarterly gross margin most recent change?: ENB quarterly gross margin was up +45.25% on September 30, 2026
What is 1-year change in ENB quarterly gross margin?: ENB quarterly gross margin is down -26.50% year-over-year
How far is ENB quarterly gross margin from its all-time high?: ENB quarterly gross margin is currently -73.59% below its historical high of 88.00% set on December 31, 1998
How does ENB quarterly gross margin rank versus sector peers?: ENB quarterly gross margin is higher than 42.42% of companies in Energy sector
When is ENB next earnings release?: The next earnings release for ENB is on February 12, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

ENB Official Website www.enbridge.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/895728/000119312526049810/0001193125-26-049810-index.htm
ENB Profile on Yahoo Finance finance.yahoo.com/quote/ENB
ENB Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/enb