E vs. ENB: Eni vs. Enbridge Stock Comparison

November 11, 2026

How do Eni (E) and Enbridge (ENB) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Eni (E) and Enbridge (ENB) both belong to the Oil, Gas & Consumable Fuels industry, though E is classified under Integrated Oil & Gas while ENB falls under Oil & Gas Storage & Transportation.

Enbridge (ENB) trades as ordinary local shares, while Eni (E) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Eni (E) and Enbridge (ENB)
Profile Item	E	ENB
Name	Eni S.p.A. Sponsored ADR	Enbridge Inc.
Country/Region	Italy	Canada
GICS Sector	Energy	Energy
GICS Industry Group	Energy	Energy
GICS Industry	Oil, Gas & Consumable Fuels	Oil, Gas & Consumable Fuels
GICS Sub-Industry	Integrated Oil & Gas	Oil & Gas Storage & Transportation
Market Capitalization	78.96 billion USD	104.51 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	November 28, 1995	March 15, 1984
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

ENB

GSPC

Eni (E) vs. Enbridge (ENB), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Eni (E) and Enbridge (ENB). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Eni (E) and Enbridge (ENB). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Eni (E) and Enbridge (ENB)
Metric	E	ENB
Total Return (1Y)	56.40%	3.49%
Total Return (3Y, Annualized)	27.06%	19.14%
Total Return (5Y, Annualized)	20.08%	8.72%

Risk Profile

Drawdown History

ENB

GSPC

Eni (E) vs. Enbridge (ENB), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Eni (E) and Enbridge (ENB). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Eni (E) and Enbridge (ENB)
Metric	E	ENB
Volatility (1Y, Annualized)	28.11%	18.30%
Beta (5Y)	0.42	0.59
Max Drawdown (5Y)	-33.71%	-28.31%
Avg. Volume (3M)	367.73K	5.05M

Risk-Adjusted Performance

Risk-Return Positioning

E and ENB are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Eni (E) and Enbridge (ENB)
Metric	E	ENB
Sharpe Ratio (1Y)	1.85	-0.04
Sortino Ratio (1Y)	2.86	-0.06

Profitability

ROE (TTM)

Both Eni (E) at 13.14% and Enbridge (ENB) at 9.22% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

E

Energy industry group

13.14%

Max: 53.85%
Q3: 24.79%
E: 13.14%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

ENB

Energy industry group

9.22%

Max: 53.85%
Q3: 24.79%
Median: 12.85%
ENB: 9.22%
Q1: 2.03%
Min: -29.09%

Eni (E) vs. Enbridge (ENB): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Eni (E) at 7.90% and Enbridge (ENB) at 7.34% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

E

Energy industry group

7.90%

Max: 56.92%
Q3: 22.92%
Median: 10.10%
E: 7.90%
Q1: 0.07%
Min: -27.38%

ENB

Energy industry group

7.34%

Max: 56.92%
Q3: 22.92%
Median: 10.10%
ENB: 7.34%
Q1: 0.07%
Min: -27.38%

Eni (E) vs. Enbridge (ENB): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Eni (E) at 8.58% and Enbridge (ENB) at 10.16% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

E

Energy industry group

8.58%

Max: 71.31%
Q3: 33.75%
Median: 18.73%
E: 8.58%
Q1: 6.94%
Min: -24.52%

ENB

Energy industry group

10.16%

Max: 71.31%
Q3: 33.75%
Median: 18.73%
ENB: 10.16%
Q1: 6.94%
Min: -24.52%

Eni (E) vs. Enbridge (ENB): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Eni (E) and Enbridge (ENB)
Metric	E	ENB
ROE (TTM)	13.14%	9.22%
ROA (TTM)	3.56%	3.29%
Net Margin (TTM)	7.90%	7.34%
Operating Margin (TTM)	8.58%	10.16%
Gross Margin (TTM)	21.94%	32.59%

Growth

Revenue Growth

Enbridge (ENB) at 21.92% sits in the top revenue growth quartile, while Eni (E) at -7.48% is in the bottom quartile, showing a clear gap in revenue momentum.

Eni (E) vs. Enbridge (ENB): A comparison of their Revenue Growth across different time periods.

EPS Growth

Enbridge (ENB) at 37.61% sits in the top EPS growth quartile, while Eni (E) at 0.00% is closer to the peer norm — faster per-share earnings growth for ENB.

Eni (E) vs. Enbridge (ENB): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Eni (E) and Enbridge (ENB)
Metric	E	ENB
Revenue Growth (YoY)	-7.48%	21.92%
Revenue Growth (3Y CAGR)	-14.73%	6.94%
EPS Growth (YoY)	0.00%	37.61%
EPS Growth (3Y CAGR)	-41.77%	36.00%

Financial Strength

Current Ratio (MRQ)

Eni (E) at 1.21 keeps current ratio within its industry’s typical mid-range, while Enbridge (ENB) at 0.72 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ENB.

E

Energy industry group

1.21

Max: 3.64
Q3: 2.21
Median: 1.41
E: 1.21
Q1: 0.88
Min: 0.24

ENB

Energy industry group

0.72

Max: 3.64
Q3: 2.21
Median: 1.41
Q1: 0.88
ENB: 0.72
Min: 0.24

Eni (E) vs. Enbridge (ENB): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Eni (E) at 0.69 carries an industry-typical debt-to-equity mix, while Enbridge (ENB) at 1.63 uses more debt funding than most peers.

E

Energy industry group

0.69

Max: 1.75
Q3: 0.93
E: 0.69
Median: 0.54
Q1: 0.30
Min: 0.00

ENB

Energy industry group

1.63

Max: 1.75
ENB: 1.63
Q3: 0.93
Median: 0.54
Q1: 0.30
Min: 0.00

Eni (E) vs. Enbridge (ENB): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Eni (E) and Enbridge (ENB)
Metric	E	ENB
Current Ratio (MRQ)	1.21	0.72
Debt / Equity (MRQ)	0.69	1.63
Net Debt / EBITDA	1.35	6.33

Dividends

Dividend Yield (TTM)

Enbridge (ENB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Eni (E) reports a yield of 0.48%, ranking against industry peers normally.

E

Energy industry group

0.48%

Max: 8.57%
Q3: 3.58%
Median: 1.71%
E: 0.48%
Q1: 0.00%
Min: 0.00%

ENB

Energy industry group

0.00%

Max: 8.57%
Q3: 3.58%
Median: 1.71%
ENB: 0.00%
Q1: 0.00%
Min: 0.00%

Eni (E) vs. Enbridge (ENB): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Enbridge (ENB) reports payout ratio above 100% at 147.68%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Eni (E) reports 45.83%, ranking against industry peers normally.

E

Energy industry group

45.83%

Max: 133.24%
Q3: 53.31%
E: 45.83%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

ENB

Energy industry group

147.68%

ENB: 147.68%
Max: 133.24%
Q3: 53.31%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

Eni (E) vs. Enbridge (ENB): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Eni (E) and Enbridge (ENB)
Metric	E	ENB
Dividend Yield (TTM)	0.48%	0.00%
Dividend Payout Ratio (TTM)	45.83%	147.68%

Valuation

P/E Ratio (TTM)

Eni (E) at 16.36 is near its industry’s usual P/E ratio, while Enbridge (ENB) at 22.65 sits in the richer quartile — ENB needs stronger growth or earnings quality to justify the premium.

E

Energy industry group

16.36

Max: 39.54
Q3: 21.72
E: 16.36
Median: 12.19
Q1: 7.71
Min: 2.99

ENB

Energy industry group

22.65

Max: 39.54
ENB: 22.65
Q3: 21.72
Median: 12.19
Q1: 7.71
Min: 2.99

Eni (E) vs. Enbridge (ENB): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Eni (E) at 0.81 sits in the cheaper P/S ratio quartile while Enbridge (ENB) at 1.25 prices around its industry’s middle — E costs less per dollar of sales, though read it alongside growth and margins.

E

Energy industry group

0.81

Max: 5.40
Q3: 2.85
Median: 1.69
Q1: 0.88
E: 0.81
Min: 0.00

ENB

Energy industry group

1.25

Max: 5.40
Q3: 2.85
Median: 1.69
ENB: 1.25
Q1: 0.88
Min: 0.00

Eni (E) vs. Enbridge (ENB): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Eni (E) at 1.31 is valued about in line with its industry on P/B ratio, while Enbridge (ENB) at 2.59 carries an above-peer premium to book — ENB is pricier on assets.

E

Energy industry group

1.31

Max: 4.21
Q3: 2.38
Median: 1.51
E: 1.31
Q1: 1.08
Min: 0.01

ENB

Energy industry group

2.59

Max: 4.21
ENB: 2.59
Q3: 2.38
Median: 1.51
Q1: 1.08
Min: 0.01

Eni (E) vs. Enbridge (ENB): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Eni (E) and Enbridge (ENB)
Metric	E	ENB
P/E Ratio (TTM)	16.36	22.65
P/S Ratio (TTM)	0.81	1.25
P/B Ratio (MRQ)	1.31	2.59
Free Cash Flow Yield (TTM)	7.39%	-1.01%