Enbridge Inc

Enbridge Inc

ENB

Market Cap$93.8B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Enbridge IncEnbridge Inc206.04%9%2.41.2

Earnings Call Q4 2024

February 14, 2025 - AI Summary

Record Financial Performance and Growth: In 2024, Enbridge reported record EBITDA of over $5.1 billion and a 13% increase in EBITDA compared to 2023, driven by new assets and strong customer demand. DCF per share increased to $1.41, marking a nearly 10% rise year-over-year, with adjusted earnings per share growing by 17% to $0.75.
Consistent Dividend Growth and Shareholder Returns: The company has increased its dividend for the 30th consecutive year, reflecting its status as a dividend aristocrat in the sector. In 2024, shareholders saw a total return of 37%, reinforcing Enbridge's commitment to returning capital and maintaining a sustainable dividend supported by a utility-like cash flow profile.
Strong Capital Allocation Strategy: Enbridge aims to self-fund growth projects of up to $8 billion to $9 billion annually while maintaining a target debt-to-EBITDA ratio of 4.5 to 5 times. The capital backlog now sits at $26 billion, highlighting the company’s efficient capital recycling strategy with over $15 billion of assets recycled since 2014.

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$63.00

Target Price by Analysts

47.4% upsideEnbridge Target Price DetailsTarget Price
$42.34

Current Fair Value

1% downside

Overvalued by 1% based on the discounted cash flow analysis.

Share Statistics

Market cap$93.80 Billion
Enterprise Value$168.71 Billion
Dividend Yield$2.65712 (6.0371643745907%)
Earnings per Share$4.12
Beta0.9
Outstanding Shares2,177,000,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio19.95
PEG-349.75
Price to Sales2.38
Price to Book Ratio1.47
Enterprise Value to Revenue4.13
Enterprise Value to EBIT34.45
Enterprise Value to Net Income28
Total Debt to Enterprise0.46
Debt to Equity1.19

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Enbridge Inc

11,200 employees
CEO: Albert Monaco

Enbridge Inc. is a leading North American energy infrastructure company. Enbridge safely and reliably delivers the energy people need and want to fuel quality of life. Its core businesses includes Liquids Pipelines, which transports appr...