Filing Flows › Enbridge (ENB) › Operating margin
Enbridge (ENB) operating margin by quarter
Enbridge's operating margin was 10.1% in Q3 2026 (third quarter 2026), +0.2 pts from Q2 2026. Over the last 7 quarters it ranged from 9.9% (Q2 2026) to 19.8% (Q1 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 10.1% | +0.2 pts | -5.4 pts |
| Q2 2026 | 9.9% | -4.5 pts | -5.5 pts |
| Q1 2026 | 14.4% | -1.4 pts | -5.4 pts |
| Q4 2025 | 15.9% | +0.4 pts | — |
| Q3 2025 | 15.5% | +0.1 pts | — |
| Q2 2025 | 15.4% | -4.5 pts | — |
| Q1 2025 | 19.8% | — | — |
Q3 2026 at a glance
Enbridge, Q3 2026: revenue $21.1B (+44% year over year), operating margin 10.1%, net earnings $1.4B, operating cash flow $2.7B. The chart follows the revenue to costs, profit and cash.
Questions
What is Enbridge's operating margin?
Enbridge's operating margin was 10.1% in Q3 2026 (third quarter 2026), +0.2 pts from Q2 2026.
How has Enbridge's operating margin changed?
Over the last 7 quarters it ranged from 9.9% (Q2 2026) to 19.8% (Q1 2025).