Enbridge Return on Equity (ROE) Growth & History (ENB)
Enbridge's return on equity was 11.68% for fiscal 2025.
View full Enbridge company overviewEnbridge annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 11.68% | +3.14 pp |
| 2024 | 2024-12-31 | 8.54% | −1.66 pp |
| 2023 | 2023-12-31 | 10.20% | +5.23 pp |
| 2022 | 2022-12-31 | 4.98% | −5.15 pp |
| 2021 | 2021-12-31 | 10.13% | +4.85 pp |
| 2020 | 2020-12-31 | 5.28% | −3.14 pp |
| 2019 | 2019-12-31 | 8.42% | +3.90 pp |
| 2018 | 2018-12-31 | 4.52% | −2.67 pp |
| 2017 | 2017-12-31 | 7.19% | −3.08 pp |
| 2016 | 2016-12-31 | 10.27% | +8.87 pp |
| 2015 | 2015-12-31 | 1.41% | −7.87 pp |
| 2014 | 2014-12-31 | 9.28% | +3.98 pp |
| 2013 | 2013-12-31 | 5.30% | −2.68 pp |
| 2012 | 2012-12-31 | 7.98% | −1.80 pp |
| 2011 | 2011-12-31 | 9.78% | — |
Enbridge quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.30% | −1.11 pp |
| Q1 2026 | 2026-03-31 | 2.79% | −0.73 pp |
| Q4 2025 | 2025-12-31 | 3.23% | +2.33 pp |
| Q3 2025 | 2025-09-30 | 1.21% | −0.89 pp |
| Q2 2025 | 2025-06-30 | 3.41% | +0.45 pp |
| Q1 2025 | 2025-03-31 | 3.52% | +1.12 pp |
| Q4 2024 | 2024-12-31 | 0.90% | −1.97 pp |
| Q3 2024 | 2024-09-30 | 2.09% | +1.10 pp |
| Q2 2024 | 2024-06-30 | 2.96% | −0.21 pp |
| Q1 2024 | 2024-03-31 | 2.41% | −0.59 pp |
| Q4 2023 | 2023-12-31 | 2.87% | +4.45 pp |
| Q3 2023 | 2023-09-30 | 0.99% | −1.16 pp |
| Q2 2023 | 2023-06-30 | 3.17% | +2.21 pp |
| Q1 2023 | 2023-03-31 | 2.99% | −0.32 pp |
| Q4 2022 | 2022-12-31 | −1.58% | −4.72 pp |
| Q3 2022 | 2022-09-30 | 2.15% | +0.89 pp |
| Q2 2022 | 2022-06-30 | 0.96% | −1.41 pp |
| Q1 2022 | 2022-03-31 | 3.31% | +0.11 pp |
| Q4 2021 | 2021-12-31 | 3.15% | +0.19 pp |
| Q3 2021 | 2021-09-30 | 1.26% | −0.39 pp |
| Q2 2021 | 2021-06-30 | 2.37% | −0.20 pp |
| Q1 2021 | 2021-03-31 | 3.20% | +5.18 pp |
| Q4 2020 | 2020-12-31 | 2.96% | +1.71 pp |
| Q3 2020 | 2020-09-30 | 1.64% | +0.14 pp |
| Q2 2020 | 2020-06-30 | 2.57% | −0.05 pp |
| Q1 2020 | 2020-03-31 | −1.98% | −4.82 pp |
| Q4 2019 | 2019-12-31 | 1.24% | −0.57 pp |
| Q3 2019 | 2019-09-30 | 1.51% | +1.50 pp |
| Q2 2019 | 2019-06-30 | 2.62% | +0.75 pp |
| Q1 2019 | 2019-03-31 | 2.84% | +1.95 pp |
| Q4 2018 | 2018-12-31 | 1.82% | +1.32 pp |
| Q3 2018 | 2018-09-30 | 0.01% | — |
| Q2 2018 | 2018-06-30 | 1.88% | −0.62 pp |
| Q1 2018 | 2018-03-31 | 0.89% | — |
| Q4 2017 | 2017-12-31 | 0.50% | −1.62 pp |
| Q2 2017 | 2017-06-30 | 2.50% | +0.60 pp |
| Q4 2016 | 2016-12-31 | 2.12% | — |
| Q2 2016 | 2016-06-30 | 1.90% | −1.84 pp |
| Q2 2015 | 2015-06-30 | 3.74% | −1.99 pp |
| Q2 2014 | 2014-06-30 | 5.73% | +4.99 pp |
| Q2 2013 | 2013-06-30 | 0.74% | — |
Enbridge return on equity trends
Over the last five fiscal years, Enbridge's return on equity increased from 5.28% to 11.68%, a change of +6.40 percentage points. The latest reported quarter, Q2 2026, shows 2.30%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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