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Side-by-side financial comparison of Amcor (AMCR) and ENBRIDGE INC (ENB). Click either name above to swap in a different company.

ENBRIDGE INC is the larger business by last-quarter revenue ($5.7B vs $5.4B, roughly 1.1× Amcor). ENBRIDGE INC runs the higher net margin — 26.2% vs 3.2%, a 23.0% gap on every dollar of revenue. On growth, Amcor posted the faster year-over-year revenue change (68.1% vs 5.3%). ENBRIDGE INC produced more free cash flow last quarter ($2.4B vs $282.0M). Over the past eight quarters, Amcor's revenue compounded faster (26.4% CAGR vs 7.6%).

Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. The Rigid Packaging segment offers rigid containers for a range of beverage and food products, incl...

Enbridge Inc. is a multinational pipeline and energy company headquartered in Calgary, Alberta, Canada. Enbridge owns and operates pipelines throughout Canada and the United States, transporting crude oil, natural gas, and natural gas liquids, and also generates renewable energy. Enbridge's pipeline system is the longest in North America and the largest oil export pipeline network in the world. Its crude oil system consists of 28,661 kilometres of pipelines. Its 38,300 kilometre natural gas p...

AMCR vs ENB — Head-to-Head

Bigger by revenue
ENB
ENB
1.1× larger
ENB
$5.7B
$5.4B
AMCR
Growing faster (revenue YoY)
AMCR
AMCR
+62.8% gap
AMCR
68.1%
5.3%
ENB
Higher net margin
ENB
ENB
23.0% more per $
ENB
26.2%
3.2%
AMCR
More free cash flow
ENB
ENB
$2.1B more FCF
ENB
$2.4B
$282.0M
AMCR
Faster 2-yr revenue CAGR
AMCR
AMCR
Annualised
AMCR
26.4%
7.6%
ENB

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
AMCR
AMCR
ENB
ENB
Revenue
$5.4B
$5.7B
Net Profit
$177.0M
$1.5B
Gross Margin
19.1%
Operating Margin
6.1%
34.7%
Net Margin
3.2%
26.2%
Revenue YoY
68.1%
5.3%
Net Profit YoY
8.6%
246.2%
EPS (diluted)
$0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMCR
AMCR
ENB
ENB
Q4 25
$5.4B
$5.7B
Q3 25
$5.7B
$4.5B
Q2 25
$5.1B
$4.8B
Q1 25
$3.3B
$6.4B
Q4 24
$3.2B
$5.4B
Q3 24
$3.4B
$4.2B
Q2 24
$3.5B
$4.3B
Q1 24
$3.4B
$4.9B
Net Profit
AMCR
AMCR
ENB
ENB
Q4 25
$177.0M
$1.5B
Q3 25
$262.0M
$575.2M
Q2 25
$-39.0M
$1.7B
Q1 25
$196.0M
$1.7B
Q4 24
$163.0M
$434.4M
Q3 24
$191.0M
$1.0B
Q2 24
$257.0M
$1.4B
Q1 24
$187.0M
$1.1B
Gross Margin
AMCR
AMCR
ENB
ENB
Q4 25
19.1%
Q3 25
19.6%
Q2 25
17.6%
Q1 25
19.6%
Q4 24
19.3%
Q3 24
19.7%
Q2 24
21.3%
7.5%
Q1 24
20.3%
26.2%
Operating Margin
AMCR
AMCR
ENB
ENB
Q4 25
6.1%
34.7%
Q3 25
8.0%
36.9%
Q2 25
1.7%
35.1%
Q1 25
9.4%
41.7%
Q4 24
9.2%
32.8%
Q3 24
9.3%
38.7%
Q2 24
11.2%
38.3%
Q1 24
9.0%
40.0%
Net Margin
AMCR
AMCR
ENB
ENB
Q4 25
3.2%
26.2%
Q3 25
4.6%
12.8%
Q2 25
-0.8%
34.9%
Q1 25
5.9%
26.8%
Q4 24
5.0%
8.0%
Q3 24
5.7%
24.3%
Q2 24
7.3%
32.8%
Q1 24
5.5%
22.3%
EPS (diluted)
AMCR
AMCR
ENB
ENB
Q4 25
$0.38
Q3 25
$0.11
Q2 25
$-0.06
Q1 25
$0.14
Q4 24
$0.11
Q3 24
$0.13
Q2 24
$0.18
Q1 24
$0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMCR
AMCR
ENB
ENB
Cash + ST InvestmentsLiquidity on hand
$1.1B
$798.6M
Total DebtLower is stronger
$14.6B
$72.2B
Stockholders' EquityBook value
$11.6B
$45.5B
Total Assets
$37.0B
$159.5B
Debt / EquityLower = less leverage
1.26×
1.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMCR
AMCR
ENB
ENB
Q4 25
$1.1B
$798.6M
Q3 25
$825.0M
$1.0B
Q2 25
$827.0M
$878.2M
Q1 25
$2.0B
$1.5B
Q4 24
$445.0M
$1.3B
Q3 24
$432.0M
$1.4B
Q2 24
$588.0M
$2.6B
Q1 24
$457.0M
$886.2M
Total Debt
AMCR
AMCR
ENB
ENB
Q4 25
$14.6B
$72.2B
Q3 25
$12.8B
$73.4B
Q2 25
$13.8B
$70.8B
Q1 25
$8.6B
$70.9B
Q4 24
$6.8B
$68.2B
Q3 24
$7.2B
$63.7B
Q2 24
$6.6B
$62.2B
Q1 24
$7.1B
$59.4B
Stockholders' Equity
AMCR
AMCR
ENB
ENB
Q4 25
$11.6B
$45.5B
Q3 25
$11.7B
$47.6B
Q2 25
$11.7B
$47.8B
Q1 25
$3.9B
$49.8B
Q4 24
$3.8B
$48.1B
Q3 24
$3.9B
$48.0B
Q2 24
$3.9B
$49.1B
Q1 24
$3.9B
$46.9B
Total Assets
AMCR
AMCR
ENB
ENB
Q4 25
$37.0B
$159.5B
Q3 25
$37.1B
$158.4B
Q2 25
$37.1B
$154.5B
Q1 25
$18.0B
$160.6B
Q4 24
$16.2B
$159.9B
Q3 24
$16.9B
$150.2B
Q2 24
$16.5B
$146.9B
Q1 24
$16.7B
$139.2B
Debt / Equity
AMCR
AMCR
ENB
ENB
Q4 25
1.26×
1.59×
Q3 25
1.09×
1.54×
Q2 25
1.18×
1.48×
Q1 25
2.24×
1.42×
Q4 24
1.81×
1.42×
Q3 24
1.83×
1.33×
Q2 24
1.70×
1.27×
Q1 24
1.79×
1.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMCR
AMCR
ENB
ENB
Operating Cash FlowLast quarter
$503.0M
$9.0B
Free Cash FlowOCF − Capex
$282.0M
$2.4B
FCF MarginFCF / Revenue
5.2%
42.0%
Capex IntensityCapex / Revenue
4.1%
114.3%
Cash ConversionOCF / Net Profit
2.84×
5.96×
TTM Free Cash FlowTrailing 4 quarters
$805.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMCR
AMCR
ENB
ENB
Q4 25
$503.0M
$9.0B
Q3 25
$-133.0M
Q2 25
$1.1B
Q1 25
$117.0M
$2.2B
Q4 24
$428.0M
$9.2B
Q3 24
$-269.0M
Q2 24
$943.0M
Q1 24
$150.0M
$2.3B
Free Cash Flow
AMCR
AMCR
ENB
ENB
Q4 25
$282.0M
$2.4B
Q3 25
$-371.0M
Q2 25
$894.0M
Q1 25
$0
$970.9M
Q4 24
$330.0M
$4.3B
Q3 24
$-414.0M
Q2 24
$809.0M
Q1 24
$37.0M
$1.4B
FCF Margin
AMCR
AMCR
ENB
ENB
Q4 25
5.2%
42.0%
Q3 25
-6.5%
Q2 25
17.6%
Q1 25
0.0%
15.1%
Q4 24
10.2%
79.0%
Q3 24
-12.3%
Q2 24
22.9%
Q1 24
1.1%
29.0%
Capex Intensity
AMCR
AMCR
ENB
ENB
Q4 25
4.1%
114.3%
Q3 25
4.1%
Q2 25
4.3%
Q1 25
3.5%
19.6%
Q4 24
3.0%
90.1%
Q3 24
4.3%
Q2 24
3.8%
Q1 24
3.3%
17.5%
Cash Conversion
AMCR
AMCR
ENB
ENB
Q4 25
2.84×
5.96×
Q3 25
-0.51×
Q2 25
Q1 25
0.60×
1.29×
Q4 24
2.63×
21.18×
Q3 24
-1.41×
Q2 24
3.67×
Q1 24
0.80×
2.08×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMCR
AMCR

Flexibles Segment$3.2B59%
Rigid Packaging Segment$2.3B42%

ENB
ENB

Segment breakdown not available.

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