What is the current annual operating margin of ENB?

As of today, ENB annual operating margin is 17.28%

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

ENB annual operating margin is down -7.45% year-over-year

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

ENB annual operating margin is up +10.34% over the past 3 years

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

ENB annual operating margin is currently -73.44% below its historical high of 65.07% set on December 31, 1988

How does ENB annual operating margin rank versus sector peers?

ENB annual operating margin is higher than 56.20% 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 operating margin of ENB?

As of today, ENB quarterly operating margin is 11.55%

What is ENB quarterly operating margin most recent change?

ENB quarterly operating margin was up +46.95% on September 30, 2026

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

ENB quarterly operating margin is down -21.75% year-over-year

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

ENB quarterly operating margin is currently -73.37% below its historical high of 43.37% set on March 31, 1992

How does ENB quarterly operating margin rank versus sector peers?

ENB quarterly operating margin is higher than 33.05% 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) Operating Margin History & Chart

Annual Operating Margin

17.28%1.39%-7.45%

December 31, 2025

Summary

Current Value: As of today, ENB annual operating margin is 17.28%, down -7.45% on December 31, 2025
Historical Performance: ENB annual operating margin is up +10.34% over the past 3 years, down -10.84% over the past 5 years
All-Time High Comparison: ENB annual operating margin is currently -73.44% below its historical high of 65.07% set on December 31, 1988
3-Year Low Comparison: ENB annual operating margin is +10.34% above its 3-year low of 15.66% reached on an earlier date
Sector Comparison: ENB annual operating margin is higher than 56.20% of companies in Energy sector

Operating Margin Chart

beforeafter

Performance

ENB Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	17.28%	-7.5%	+10.3%	-10.8%	+62.7%
Quarterly Operating Margin	Sep 30, 26	11.55%	-21.8%	-38.7%	-26.9%	+144.2%
Price	Nov 10, 26	$47.76	-0.3%	+43.0%	+13.2%	+40.7%
PE Ratio	Nov 10, 26	23.03	-12.3%	-23.1%	+22.3%	-43.2%
Annual Revenue	Dec 31, 25	$46.61B	+19.2%	+13.5%	+60.8%	+217.4%
Annual Operating Profit	Dec 31, 25	$8.05B	+10.3%	+25.3%	+43.3%	+416.5%
Annual Gross Margin	Dec 31, 25	32.61%	-10.0%	+4.7%	-11.3%	+60.6%
Annual Net Margin	Dec 31, 25	11.96%	+13.8%	+117.5%	+36.1%	+84.6%

Operating Margin Highs

ENB Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	19.76%	Dec 31, 23	-12.6%
5Y	19.76%	Dec 31, 23	-12.6%
All	65.07%	Dec 31, 88	-73.4%

Operating Margin Lows

ENB Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	15.66%	N/A	+10.3%
5Y	15.66%	Dec 31, 22	+10.3%
All	6.59%	Dec 31, 13	+162.2%

Operating Margin History

Year	Value	Change
2025	17.28%	-7.4%
2024	18.67%	-5.5%
2023	19.76%	+26.2%
2022	15.66%	-1.3%
2021	15.87%	-18.1%
2020	19.38%	+23.4%
2019	15.71%	-2.4%
2018	16.10%	+22.8%
2017	13.11%	+15.7%
2016	11.33%	+13.5%
2015	9.98%	+40.0%
2014	7.13%	+8.2%
2013	6.59%	-21.8%
2012	8.43%	-7.0%
2011	9.06%	-14.7%
2010	10.62%	-7.3%
2009	11.46%	+35.1%
2008	8.48%	-12.0%
2007	9.64%	-10.7%
2006	10.79%	-16.5%
2005	12.92%	-6.0%
2004	13.75%	-25.1%
2003	18.36%	+14.1%

Year	Value	Change
2002	16.09%	-8.9%
2001	17.67%	-20.5%
2000	22.23%	+3.2%
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%	-46.0%
1988	65.07%	+50.9%
1987	43.11%	-20.7%
1986	54.34%	+8.8%
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 operating margin of ENB?: As of today, ENB annual operating margin is 17.28%
What is 1-year change in ENB annual operating margin?: ENB annual operating margin is down -7.45% year-over-year
What is 3-year change in ENB annual operating margin?: ENB annual operating margin is up +10.34% over the past 3 years
How far is ENB annual operating margin from its all-time high?: ENB annual operating margin is currently -73.44% below its historical high of 65.07% set on December 31, 1988
How does ENB annual operating margin rank versus sector peers?: ENB annual operating margin is higher than 56.20% of companies in Energy sector
When is ENB next annual earnings release?: The next annual earnings release for ENB is on February 12, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

11.55%3.69%+46.95%

September 30, 2026

Summary

Current Value: As of today, ENB quarterly operating margin is 11.55%, up +46.95% on September 30, 2026
Historical Performance: ENB quarterly operating margin is down -21.75% year-over-year, down -38.73% over the past 3 years
All-Time High Comparison: ENB quarterly operating margin is currently -73.37% below its historical high of 43.37% set on March 31, 1992
3-Year Low Comparison: ENB quarterly operating margin is +46.95% above its 3-year low of 7.86% reached on June 30, 2026
Sector Comparison: ENB quarterly operating margin is higher than 33.05% of companies in Energy sector

Performance

ENB Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Sep 30, 26	11.55%	+47.0%	-21.8%	-38.7%	-26.9%
Annual Operating Margin	Dec 31, 25	17.28%	–	-7.5%	+10.3%	-10.8%
Price	Nov 10, 26	$47.76	-7.1%	-0.3%	+43.0%	+13.2%
PE Ratio	Nov 10, 26	23.03	-15.7%	-12.3%	-23.1%	+22.3%
Quarterly Revenue	Sep 30, 26	$15.07B	-27.3%	+40.9%	+106.5%	+57.9%
Quarterly Operating Profit	Sep 30, 26	$1.74B	+6.8%	+10.2%	+26.5%	+15.5%
Quarterly Gross Margin	Sep 30, 26	23.24%	+45.3%	-26.5%	-41.3%	-21.7%
Quarterly Net Margin	Sep 30, 26	6.83%	+24.9%	+18.8%	+7.4%	+0.9%

Quarterly Operating Margin Highs

ENB Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	17.30%	Dec 31, 25	-33.2%
3Y	24.43%	Mar 31, 24	-52.7%
5Y	24.43%	Mar 31, 24	-52.7%
All	43.37%	Mar 31, 92	-73.4%

Quarterly Operating Margin Lows

ENB Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	7.86%	Jun 30, 26	+47.0%
3Y	7.86%	Jun 30, 26	+47.0%
5Y	7.86%	Jun 30, 26	+47.0%
All	-658.00%	Dec 31, 88	+101.8%

Quarterly Operating Margin History

Month	Value	Change
Sep 2026	11.55%	+46.9%
Jun 2026	7.86%	-51.5%
Mar 2026	16.21%	-6.3%
Dec 2025	17.30%	+17.2%
Sep 2025	14.76%	-15.1%
Jun 2025	17.38%	-11.9%
Mar 2025	19.73%	+17.1%
Dec 2024	16.85%	+10.3%
Sep 2024	15.28%	-24.2%
Jun 2024	20.16%	-17.5%
Mar 2024	24.43%	+21.8%
Dec 2023	20.05%	+6.4%
Sep 2023	18.85%	-14.3%
Jun 2023	22.00%	+21.1%
Mar 2023	18.16%	+3.8%
Dec 2022	17.49%	-1.7%
Sep 2022	17.79%	+45.2%
Jun 2022	12.25%	-20.0%
Mar 2022	15.31%	+9.7%
Dec 2021	13.96%	-11.6%
Sep 2021	15.80%	-2.8%
Jun 2021	16.26%	-15.1%
Mar 2021	19.15%	+21.3%
Dec 2020	15.79%	-6.9%
Sep 2020	16.96%	-12.8%
Jun 2020	19.46%	+6.6%
Mar 2020	18.26%	+39.4%
Dec 2019	13.10%	-15.1%
Sep 2019	15.43%	+3.1%
Jun 2019	14.96%	-21.6%
Mar 2019	19.09%	+19.5%
Dec 2018	15.98%	+0.1%
Sep 2018	15.96%	-4.3%
Jun 2018	16.67%	+3.8%
Mar 2018	16.06%	+17.6%
Dec 2017	13.66%	-5.3%
Sep 2017	14.43%	+7.6%
Jun 2017	13.41%	+37.8%
Mar 2017	9.73%	-2.8%
Dec 2016	10.01%	+9.2%
Sep 2016	9.17%	-20.1%
Jun 2016	11.48%	-21.4%
Mar 2016	14.61%	+75.6%
Dec 2015	8.32%	-8.4%
Sep 2015	9.08%	-34.4%
Jun 2015	13.85%	+16.7%
Mar 2015	11.87%	+32.8%
Dec 2014	8.94%	+27.7%
Sep 2014	7.00%	+4.5%
Jun 2014	6.70%	-18.6%
Mar 2014	8.23%	+61.1%
Dec 2013	5.11%	-22.5%
Sep 2013	6.59%	+45.8%
Jun 2013	4.52%	-32.0%
Mar 2013	6.65%	+185.4%
Dec 2012	2.33%	-82.1%
Sep 2012	12.99%	+60.4%
Jun 2012	8.10%	-19.2%
Mar 2012	10.03%	-20.8%
Dec 2011	12.67%	+167.9%
Sep 2011	4.73%	-49.1%
Jun 2011	9.30%	-18.3%
Mar 2011	11.39%	+16.8%
Dec 2010	9.75%	+4.7%
Sep 2010	9.31%	-16.7%
Jun 2010	11.18%	+15.7%
Mar 2010	9.66%	+0.4%
Dec 2009	9.62%	-8.1%
Sep 2009	10.47%	+6.9%
Jun 2009	9.79%	-7.0%

Month	Value	Change
Mar 2009	10.53%	-6.4%
Dec 2008	11.25%	+76.1%
Sep 2008	6.39%	+29.6%
Jun 2008	4.93%	-57.2%
Mar 2008	11.53%	+20.0%
Dec 2007	9.61%	+34.4%
Sep 2007	7.15%	-23.5%
Jun 2007	9.35%	-21.3%
Mar 2007	11.88%	-1.8%
Dec 2006	12.10%	+19.9%
Sep 2006	10.09%	-0.7%
Jun 2006	10.16%	-4.1%
Mar 2006	10.59%	-7.7%
Dec 2005	11.47%	+10.7%
Sep 2005	10.36%	-29.5%
Jun 2005	14.69%	-2.1%
Mar 2005	15.00%	+87.5%
Dec 2004	8.00%	-23.4%
Sep 2004	10.45%	-51.6%
Jun 2004	21.57%	+9.8%
Mar 2004	19.65%	+64.3%
Dec 2003	11.96%	-30.1%
Sep 2003	17.11%	-28.1%
Jun 2003	23.81%	+58.4%
Mar 2003	15.03%	-63.2%
Dec 2002	40.84%	+224.1%
Sep 2002	12.60%	-38.1%
Jun 2002	20.34%	+47.5%
Mar 2002	13.79%	+162.7%
Dec 2001	5.25%	-60.4%
Sep 2001	13.26%	-36.4%
Jun 2001	20.85%	+3.2%
Mar 2001	20.20%	+57.8%
Dec 2000	12.80%	-34.3%
Sep 2000	19.49%	-28.5%
Jun 2000	27.26%	+15.3%
Mar 2000	23.64%	+24.2%
Sep 1999	19.03%	-29.5%
Jun 1999	27.01%	+30.6%
Mar 1999	20.68%	-45.9%
Dec 1998	38.21%	+884.8%
Sep 1998	3.88%	-86.5%
Jun 1998	28.69%	+29.2%
Mar 1998	22.20%	-35.7%
Dec 1997	34.50%	+208.6%
Sep 1997	11.18%	-61.8%
Jun 1997	29.30%	+12.9%
Mar 1997	25.95%	+105.5%
Dec 1996	-473.64%	-3,449.6%
Dec 1995	14.14%	-12.3%
Sep 1995	16.13%	-34.1%
Jun 1995	24.48%	+32.6%
Mar 1995	18.46%	+238.1%
Dec 1994	5.46%	-84.3%
Sep 1994	34.80%	+10.6%
Jun 1994	31.47%	-11.3%
Mar 1994	35.49%	+2.2%
Dec 1993	34.72%	-9.9%
Sep 1993	38.55%	+22.4%
Jun 1993	31.49%	-4.9%
Mar 1993	33.10%	+25.7%
Dec 1992	26.34%	-28.5%
Sep 1992	36.83%	+8.7%
Jun 1992	33.89%	-21.9%
Mar 1992	43.37%	+130.5%
Dec 1991	-142.25%	+49.2%
Dec 1990	-280.24%	-49.2%
Dec 1989	-187.82%	+71.5%
Dec 1988	-658.00%	-

FAQ

What is the current quarterly operating margin of ENB?: As of today, ENB quarterly operating margin is 11.55%
What is ENB quarterly operating margin most recent change?: ENB quarterly operating margin was up +46.95% on September 30, 2026
What is 1-year change in ENB quarterly operating margin?: ENB quarterly operating margin is down -21.75% year-over-year
How far is ENB quarterly operating margin from its all-time high?: ENB quarterly operating margin is currently -73.37% below its historical high of 43.37% set on March 31, 1992
How does ENB quarterly operating margin rank versus sector peers?: ENB quarterly operating margin is higher than 33.05% of companies in Energy sector
When is ENB next earnings release?: The next earnings release for ENB is on February 12, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

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