ENB vs. SHEL: Enbridge vs. Shell Stock Comparison
How do Enbridge (ENB) and Shell (SHEL) 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
Enbridge (ENB) and Shell (SHEL) both belong to the Oil, Gas & Consumable Fuels industry, though ENB is classified under Oil & Gas Storage & Transportation while SHEL falls under Integrated Oil & Gas.
Enbridge (ENB) trades as ordinary local shares, while Shell (SHEL) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | ENB | SHEL |
|---|---|---|
| Name | Enbridge Inc. | Shell plc American Depositary Shares (Each representing two Ordinary shares) |
| Country/Region | Canada | United Kingdom |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Storage & Transportation | Integrated Oil & Gas |
| Market Capitalization | 104.51 billion USD | 280.59 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 15, 1984 | March 12, 1984 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ENB | SHEL |
|---|---|---|
| Total Return (1Y) | 3.49% | 36.30% |
| Total Return (3Y, Annualized) | 19.14% | 19.93% |
| Total Return (5Y, Annualized) | 8.72% | 21.02% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ENB | SHEL |
|---|---|---|
| Volatility (1Y, Annualized) | 18.30% | 23.60% |
| Beta (5Y) | 0.59 | 0.10 |
| Max Drawdown (5Y) | -28.31% | -25.04% |
| Avg. Volume (3M) | 5.05M | 6.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ENB | SHEL |
|---|---|---|
| Sharpe Ratio (1Y) | -0.04 | 1.36 |
| Sortino Ratio (1Y) | -0.06 | 1.99 |
Profitability
ROE (TTM)
Both Enbridge (ENB) at 9.22% and Shell (SHEL) at 17.43% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
ENB
Energy industry group
9.22%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- ENB
- 9.22%
- Q1
- 2.03%
- Min
- -29.09%
SHEL
Energy industry group
17.43%
- Max
- 53.85%
- Q3
- 24.79%
- SHEL
- 17.43%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Enbridge (ENB) at 7.34% and Shell (SHEL) at 10.18% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
ENB
Energy industry group
7.34%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- ENB
- 7.34%
- Q1
- 0.07%
- Min
- -27.38%
SHEL
Energy industry group
10.18%
- Max
- 56.92%
- Q3
- 22.92%
- SHEL
- 10.18%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Enbridge (ENB) at 10.16% and Shell (SHEL) at 18.76% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
ENB
Energy industry group
10.16%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- ENB
- 10.16%
- Q1
- 6.94%
- Min
- -24.52%
SHEL
Energy industry group
18.76%
- Max
- 71.31%
- Q3
- 33.75%
- SHEL
- 18.76%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | ENB | SHEL |
|---|---|---|
| ROE (TTM) | 9.22% | 17.43% |
| ROA (TTM) | 3.29% | 7.67% |
| Net Margin (TTM) | 7.34% | 10.18% |
| Operating Margin (TTM) | 10.16% | 18.76% |
| Gross Margin (TTM) | 32.59% | 26.93% |
Growth
Revenue Growth
Enbridge (ENB) at 21.92% sits in the top revenue growth quartile, while Shell (SHEL) at -6.13% is closer to the peer norm — faster top-line expansion for ENB.
EPS Growth
Enbridge (ENB) at 37.61% sits in the top EPS growth quartile, while Shell (SHEL) at 18.58% is closer to the peer norm — faster per-share earnings growth for ENB.
Growth Metrics
| Metric | ENB | SHEL |
|---|---|---|
| Revenue Growth (YoY) | 21.92% | -6.13% |
| Revenue Growth (3Y CAGR) | 6.94% | -11.21% |
| EPS Growth (YoY) | 37.61% | 18.58% |
| EPS Growth (3Y CAGR) | 36.00% | -19.31% |
Financial Strength
Current Ratio (MRQ)
Shell (SHEL) at 1.38 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.
ENB
Energy industry group
0.72
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- ENB
- 0.72
- Min
- 0.24
SHEL
Energy industry group
1.38
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- SHEL
- 1.38
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Shell (SHEL) at 0.38 carries an industry-typical debt-to-equity mix, while Enbridge (ENB) at 1.63 uses more debt funding than most peers.
ENB
Energy industry group
1.63
- Max
- 1.75
- ENB
- 1.63
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
SHEL
Energy industry group
0.38
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- SHEL
- 0.38
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | ENB | SHEL |
|---|---|---|
| Current Ratio (MRQ) | 0.72 | 1.38 |
| Debt / Equity (MRQ) | 1.63 | 0.38 |
| Net Debt / EBITDA | 6.33 | 0.59 |
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 Shell (SHEL) reports a yield of 1.54%, ranking against industry peers normally.
ENB
Energy industry group
0.00%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- ENB
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SHEL
Energy industry group
1.54%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- SHEL
- 1.54%
- Q1
- 0.00%
- Min
- 0.00%
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 Shell (SHEL) reports 26.24%, ranking against industry peers normally.
ENB
Energy industry group
147.68%
- ENB
- 147.68%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
SHEL
Energy industry group
26.24%
- Max
- 133.24%
- Q3
- 53.31%
- SHEL
- 26.24%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ENB | SHEL |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.54% |
| Dividend Payout Ratio (TTM) | 147.68% | 26.24% |
Valuation
P/E Ratio (TTM)
Shell (SHEL) at 8.60 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.
ENB
Energy industry group
22.65
- Max
- 39.54
- ENB
- 22.65
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
SHEL
Energy industry group
8.60
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- SHEL
- 8.60
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Shell (SHEL) at 0.87 sits in the cheaper P/S ratio quartile while Enbridge (ENB) at 1.25 prices around its industry’s middle — SHEL costs less per dollar of sales, though read it alongside growth and margins.
ENB
Energy industry group
1.25
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- ENB
- 1.25
- Q1
- 0.88
- Min
- 0.00
SHEL
Energy industry group
0.87
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- SHEL
- 0.87
- Min
- 0.00
P/B Ratio (MRQ)
Shell (SHEL) at 1.43 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.
ENB
Energy industry group
2.59
- Max
- 4.21
- ENB
- 2.59
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
SHEL
Energy industry group
1.43
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- SHEL
- 1.43
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | ENB | SHEL |
|---|---|---|
| P/E Ratio (TTM) | 22.65 | 8.60 |
| P/S Ratio (TTM) | 1.25 | 0.87 |
| P/B Ratio (MRQ) | 2.59 | 1.43 |
| Free Cash Flow Yield (TTM) | -1.01% | 10.35% |