ENB (Enbridge) EV-to-EBIT: 20.61 (As of Jul. 26, 2026) — Near Median

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ENB Enbridge Inc ENB
75 GF Score
Price $56.86
GF Value $51.04
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Enbridge EV-to-EBIT?

Enbridge ENB +0.82% 75 EV-to-EBIT is 20.61 as of Jul. 26, 2026, which is 1% above its 10-year median of 20.45. GuruFocus rates ENB with a GF Score™ of 75/100 and a GF Value™ of $51.04 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 691 Oil & Gas companies, Enbridge ranks worse than 77.13% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Enbridge's Enterprise Value is $207,752 Mil. Enbridge's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $10,078 Mil. Therefore, Enbridge's EV-to-EBIT for today is 20.61.

The historical rank and industry rank for Enbridge's EV-to-EBIT or its related term are showing as below:

ENB' s EV-to-EBIT Range Over the Past 10 Years
Min: 14.64   Med: 20.45   Max: 78.44
Current: 21.13

During the past 13 years, the highest EV-to-EBIT of Enbridge was 78.44. The lowest was 14.64. And the median was 20.45.

ENB's EV-to-EBIT is ranked worse than
77.13% of 691 companies
in the Oil & Gas industry
Industry Median: 11.81 vs ENB: 21.13

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Enbridge's Enterprise Value for the quarter that ended in Mar. 2026 was $203,876 Mil. Enbridge's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $10,078 Mil. Enbridge's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.94%.


Enbridge  (NYSE:ENB) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Enbridge's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=10077.927/203875.871
=4.94 %

Enbridge's Enterprise Value for the quarter that ended in Mar. 2026 was $203,876 Mil.
Enbridge's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10,078 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Enbridge EV-to-EBIT Related Terms


Enbridge EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Enbridge's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enbridge EV-to-EBIT Chart

Enbridge Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.80 25.45 15.89 20.75 17.39

Enbridge Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.68 17.81 20.29 17.39 20.37

ENB vs WMB, EPD, KMI: EV-to-EBIT Comparison

For the Oil & Gas Midstream subindustry, Enbridge's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enbridge EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enbridge's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Enbridge's EV-to-EBIT falls into.


ENB
75GF Score
Enbridge Inc ENB
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Enbridge EV-to-EBIT Calculation

Enbridge's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=207752.236/10077.927
=20.61

Enbridge's current Enterprise Value is $207,752 Mil.
Enbridge's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10,078 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 20.61 mean?
Enbridge (ENB) has a EV-to-EBIT of 20.61 as of Jul. 26, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Enbridge and its competitors. This is near median its historical median of 20.45. Over the past decade, Enbridge's EV-to-EBIT has ranged from 14.64 to 78.44. According to the industry distribution chart, Enbridge ranks #533 out of 691 companies in the Oil & Gas industry, placing it in the top 77.1%.
Is Enbridge's EV-to-EBIT too high?
Enbridge's current EV-to-EBIT of 20.61 is near median its 10-year median of 20.45. Over the past 10 years, this metric has ranged from a low of 14.64 to a high of 78.44. The Oil & Gas industry median EV-to-EBIT is 11.81. Enbridge's value of 20.61 is 74.5% above this industry median. Based on the distribution chart, Enbridge ranks #533 out of 691 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Enbridge has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enbridge's EV-to-EBIT compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Enbridge ranks #533 out of 691 companies for EV-to-EBIT. This places Enbridge in the lower half of its industry. The industry median EV-to-EBIT is 11.81. Enbridge's value of 20.61 is 74.5% above this benchmark. Historically, Enbridge's own EV-to-EBIT has ranged from 14.64 to 78.44 over the past decade. While the company's 10-year median is 20.45 vs. the industry median of 11.81, Enbridge has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.81, based on 691 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enbridge's current EV-to-EBIT of 20.61 is 74.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Enbridge and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enbridge's current EV-to-EBIT is 20.61, which is near median its own 10-year median of 20.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enbridge stock overvalued right now?
Based on GuruFocus' analysis, Enbridge (ENB) is currently considered Modestly Overvalued. The stock's GF Value™ is $51.04, compared to a current price of $56.86 — trading 11.4% above its estimated fair value. The current EV-to-EBIT is 20.61, which is near median its 10-year median of 20.45 and 74.5% above the Oil & Gas industry median of 11.81. Enbridge's overall GF Score™ is 75/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Enbridge (ENB), the current EV-to-EBIT is 20.61 as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Enbridge (ENB) Overvalued in 2026?

Based on GuruFocus' analysis, Enbridge stock appears to be overvalued. The current stock price of $56.86 is trading 11.4% above its estimated GF Value™ of $51.04. GuruFocus considers Enbridge to be Modestly Overvalued.

Key valuation signals for ENB:

  • EV-to-EBIT: 20.61 (near median its 10-year median of 20.45)
  • GF Value™: $51.04 vs. price of $56.86 (11.4% above fair value)
  • GF Score™: 75/100 with 12 warning signs
  • Industry Position: 74.5% above the Oil & Gas median (#533 of 691)

No single metric tells the full story. See the ENB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enbridge Business Description

Industry EnergyOil & Gas
Address 425 - 1st Street South West, Suite 200, Fifth Avenue Place, Corporate Legal Department, Calgary, AB, CAN, T2P 3L8
Enbridge owns extensive midstream assets that transport hydrocarbons across the US and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also operates regulated natural gas utilities in the US and Canada, including Canada's largest natural gas distribution company. The firm has a small renewable energy portfolio primarily focused on onshore and offshore wind projects.
75GF Score

Get the complete analysis for ENB

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$56.86
Price
$51.04
GF Value