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EnbridgeTSX:ENB +1.29%72 5-Year Yield-on-Cost % is 5.70 as of Jul. 23, 2026, which is 20% below its 10-year median of 7.09. GuruFocus rates TSX:ENB with a GF Score™ of 72/100 and a GF Value™ of C$71.57 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 500 Oil & Gas companies, Enbridge ranks better than 54.2% on this metric.
Enbridge's yield on cost for the quarter that ended in Mar. 2026 was 5.70.
The historical rank and industry rank for Enbridge's 5-Year Yield-on-Cost % or its related term are showing as below:
TSX:ENB'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.97 Med: 7.09 Max: 10.3
Current: 5.7
During the past 13 years, Enbridge's highest Yield on Cost was 10.30. The lowest was 3.97. And the median was 7.09.
TSX:ENB's 5-Year Yield-on-Cost % is ranked better than 54.2% of 500
companies
in the Oil & Gas industry
Industry Median: 4.87
vs TSX:ENB: 5.70
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Enbridge 5-Year Yield-on-Cost % Related Terms
TSX:ENB vs WMB, EPD, KMI: 5-Year Yield-on-Cost % Comparison
For the Oil & Gas Midstream subindustry, Enbridge's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Enbridge's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Enbridge's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Enbridge is calculated as
Enbridge (TSX:ENB) has a 5-Year Yield-on-Cost % of 5.70 as of Jul. 23, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Enbridge and its competitors. This is 20% below median its historical median of 7.09. Over the past decade, Enbridge's 5-Year Yield-on-Cost % has ranged from 3.97 to 10.30. According to the industry distribution chart, Enbridge ranks #229 out of 500 companies in the Oil & Gas industry, placing it in the top 45.8%.
Is Enbridge's 5-Year Yield-on-Cost % too high?
Enbridge's current 5-Year Yield-on-Cost % of 5.70 is 20% below median its 10-year median of 7.09. Over the past 10 years, this metric has ranged from a low of 3.97 to a high of 10.30. The Oil & Gas industry median 5-Year Yield-on-Cost % is 4.87. Enbridge's value of 5.70 is 17% above this industry median. Based on the distribution chart, Enbridge ranks #229 out of 500 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Enbridge has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enbridge's 5-Year Yield-on-Cost % compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Enbridge ranks #229 out of 500 companies for 5-Year Yield-on-Cost %. This puts Enbridge in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 4.87. Enbridge's value of 5.70 is 17% above this benchmark. Historically, Enbridge's own 5-Year Yield-on-Cost % has ranged from 3.97 to 10.30 over the past decade. While the company's 10-year median is 7.09 vs. the industry median of 4.87, 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 5-Year Yield-on-Cost % for an Oil & Gas company?
The median 5-Year Yield-on-Cost % among Oil & Gas companies is 4.87, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enbridge's current 5-Year Yield-on-Cost % of 5.70 is 17% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Enbridge and its competitors. For the Oil & Gas industry, the median 5-Year Yield-on-Cost % is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enbridge's current 5-Year Yield-on-Cost % is 5.70, which is 20% below median its own 10-year median of 7.09. 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 (TSX:ENB) is currently considered Modestly Overvalued. The stock's GF Value™ is C$71.57, compared to a current price of C$79.29 — trading 10.8% above its estimated fair value. The current 5-Year Yield-on-Cost % is 5.70, which is 20% below median its 10-year median of 7.09 and 17% above the Oil & Gas industry median of 4.87. Enbridge's overall GF Score™ is 72/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Enbridge (TSX:ENB), the current 5-Year Yield-on-Cost % is 5.70 as of Jul. 23, 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 (TSX:ENB) Overvalued in 2026?
Based on GuruFocus' analysis, Enbridge stock appears to be overvalued.
The current stock price of C$79.29 is trading 10.8% above its estimated GF Value™ of C$71.57.
GuruFocus considers Enbridge to be Modestly Overvalued.
Key valuation signals for TSX:ENB:
5-Year Yield-on-Cost %: 5.70 (20% below median its 10-year median of 7.09)
GF Value™: C$71.57 vs. price of C$79.29 (10.8% above fair value)
Industry Position: 17% above the Oil & Gas median (#229 of 500)
No single metric tells the full story. See the TSX:ENB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
72GF Score
Get the complete analysis for TSX:ENB
5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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