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Enbridge Reports Record 2025 Financial Results, Reaffirms 2026 Financial Guidance, and Grows Secured Backlog to $39 Billion

Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported fourth quarter 2025 financial results, reaffirmed its 2026 financial guidance and provided a quarterly business update.

articleEnbridge Inc.February 13, 202629/company/enbridge-inc/news/enbridge-reports-record-2025-financial-120000031
Enbridge Reports Record 2025 Financial Results, Reaffirms 2026 Financial Guidance, and Grows Secured Backlog to $39 Billion

About this update from Enbridge Inc.

[{"type":"text","content":"CALGARY, AB, Feb. 13, 2026 /CNW/ - Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported fourth quarter 2025 financial results, reaffirmed its 2026 financial guidance and provided a quarterly business update.","length":232,"tagName":"p"},{"type":"text","content":"Highlights(All financial figures are unaudited and in Canadian dollars unless otherwise noted. * identifies non-GAAP financial measures. Please refer to Non-GAAP Reconciliations Appendices.)","length":191,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Full-year GAAP earnings attributable to common shareholders of $7.1 billion or $3.23 per common share, compared with GAAP earnings attributable to common shareholders of $5.1 billion or $2.34 per common share in 2024","length":216,"tagName":"p"}]},{"val":[{"type":"text","content":"Full-year adjusted earnings* of $6.6 billion or $3.02 per common share*, an increase of 9% and 8% respectively, compared with $6.0 billion or $2.80 per common share in 2024","length":172,"tagName":"p"}]},{"val":[{"type":"text","content":"Full-year adjusted earnings before interest, income taxes and depreciation and amortization (EBITDA)* of $20.0 billion, an increase of 7%, compared with $18.6 billion in 2024","length":174,"tagName":"p"}]},{"val":[{"type":"text","content":"Full-year cash provided by operating activities of $12.3 billion, compared with $12.6 billion in 2024","length":101,"tagName":"p"}]},{"val":[{"type":"text","content":"Full-year distributable cash flow (DCF)* of $12.5 billion, an increase of 4%, compared with $12.0 billion in 2024","length":113,"tagName":"p"}]},{"val":[{"type":"text","content":"Achieved financial guidance for the 20th consecutive year, reflecting continued business resilience and predictability across all franchises","length":140,"tagName":"p"}]},{"val":[{"type":"text","content":"Increased the 2026 quarterly dividend by 3% to $0.97 ($3.88 annualized) per share, reflecting the 31st consecutive annual increase","length":130,"tagName":"p"}]},{"val":[{"type":"text","content":"Reaffirmed 2026 full year financial guidance and multi-year financial outlook","length":77,"tagName":"p"}]},{"val":[{"type":"text","content":"Placed $5 billion of organic growth capital into service in 2025","length":64,"tagName":"p"}]},{"val":[{"type":"text","content":"Sanctioned $...

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