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Side-by-side financial comparison of BARRICK MINING CORP (B) 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 $3.7B, roughly 1.6× BARRICK MINING CORP). BARRICK MINING CORP runs the higher net margin — 34.1% vs 26.2%, a 7.9% gap on every dollar of revenue. On growth, BARRICK MINING CORP posted the faster year-over-year revenue change (16.4% vs 5.3%).

Barrick Mining Corporation is a mining company that produces gold and copper. It has mining operations and projects in Argentina, Canada, Chile, Democratic Republic of the Congo, Dominican Republic, Ecuador, Egypt, Jamaica, Mali, Pakistan, Papua New Guinea, Peru, Saudi Arabia, Senegal, Tanzania, the United States and Zambia. In 2024, it produced 3.91 million ounces of gold at all-in sustaining costs of $1,484/ounce and 195,000 tonnes of copper at all-in sustaining costs of $3.45/pound. As of ...

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...

B vs ENB — Head-to-Head

Bigger by revenue
ENB
ENB
1.6× larger
ENB
$5.7B
$3.7B
B
Growing faster (revenue YoY)
B
B
+11.1% gap
B
16.4%
5.3%
ENB
Higher net margin
B
B
7.9% more per $
B
34.1%
26.2%
ENB

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
B
B
ENB
ENB
Revenue
$3.7B
$5.7B
Net Profit
$1.3B
$1.5B
Gross Margin
49.0%
Operating Margin
38.5%
34.7%
Net Margin
34.1%
26.2%
Revenue YoY
16.4%
5.3%
Net Profit YoY
98.1%
246.2%
EPS (diluted)
$0.47

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
B
B
ENB
ENB
Q4 25
$5.7B
Q3 25
$4.5B
Q2 25
$3.7B
$4.8B
Q1 25
$6.4B
Q4 24
$5.4B
Q3 24
$4.2B
Q2 24
$3.2B
$4.3B
Q1 24
$4.9B
Net Profit
B
B
ENB
ENB
Q4 25
$1.5B
Q3 25
$575.2M
Q2 25
$1.3B
$1.7B
Q1 25
$1.7B
Q4 24
$434.4M
Q3 24
$1.0B
Q2 24
$634.0M
$1.4B
Q1 24
$1.1B
Gross Margin
B
B
ENB
ENB
Q4 25
Q3 25
Q2 25
49.0%
Q1 25
Q4 24
Q3 24
Q2 24
37.4%
7.5%
Q1 24
26.2%
Operating Margin
B
B
ENB
ENB
Q4 25
34.7%
Q3 25
36.9%
Q2 25
38.5%
35.1%
Q1 25
41.7%
Q4 24
32.8%
Q3 24
38.7%
Q2 24
34.5%
38.3%
Q1 24
40.0%
Net Margin
B
B
ENB
ENB
Q4 25
26.2%
Q3 25
12.8%
Q2 25
34.1%
34.9%
Q1 25
26.8%
Q4 24
8.0%
Q3 24
24.3%
Q2 24
20.1%
32.8%
Q1 24
22.3%
EPS (diluted)
B
B
ENB
ENB
Q4 25
Q3 25
Q2 25
$0.47
Q1 25
Q4 24
Q3 24
Q2 24
$0.21
Q1 24

Balance Sheet & Financial Strength

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

Metric
B
B
ENB
ENB
Cash + ST InvestmentsLiquidity on hand
$4.8B
$798.6M
Total DebtLower is stronger
$72.2B
Stockholders' EquityBook value
$33.4B
$45.5B
Total Assets
$47.3B
$159.5B
Debt / EquityLower = less leverage
1.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
B
B
ENB
ENB
Q4 25
$798.6M
Q3 25
$1.0B
Q2 25
$4.8B
$878.2M
Q1 25
$1.5B
Q4 24
$1.3B
Q3 24
$1.4B
Q2 24
$4.0B
$2.6B
Q1 24
$886.2M
Total Debt
B
B
ENB
ENB
Q4 25
$72.2B
Q3 25
$73.4B
Q2 25
$70.8B
Q1 25
$70.9B
Q4 24
$68.2B
Q3 24
$63.7B
Q2 24
$62.2B
Q1 24
$59.4B
Stockholders' Equity
B
B
ENB
ENB
Q4 25
$45.5B
Q3 25
$47.6B
Q2 25
$33.4B
$47.8B
Q1 25
$49.8B
Q4 24
$48.1B
Q3 24
$48.0B
Q2 24
$32.5B
$49.1B
Q1 24
$46.9B
Total Assets
B
B
ENB
ENB
Q4 25
$159.5B
Q3 25
$158.4B
Q2 25
$47.3B
$154.5B
Q1 25
$160.6B
Q4 24
$159.9B
Q3 24
$150.2B
Q2 24
$46.2B
$146.9B
Q1 24
$139.2B
Debt / Equity
B
B
ENB
ENB
Q4 25
1.59×
Q3 25
1.54×
Q2 25
1.48×
Q1 25
1.42×
Q4 24
1.42×
Q3 24
1.33×
Q2 24
1.27×
Q1 24
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
B
B
ENB
ENB
Operating Cash FlowLast quarter
$1.3B
$9.0B
Free Cash FlowOCF − Capex
$2.4B
FCF MarginFCF / Revenue
42.0%
Capex IntensityCapex / Revenue
114.3%
Cash ConversionOCF / Net Profit
1.06×
5.96×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
B
B
ENB
ENB
Q4 25
$9.0B
Q3 25
Q2 25
$1.3B
Q1 25
$2.2B
Q4 24
$9.2B
Q3 24
Q2 24
$1.2B
Q1 24
$2.3B
Free Cash Flow
B
B
ENB
ENB
Q4 25
$2.4B
Q3 25
Q2 25
Q1 25
$970.9M
Q4 24
$4.3B
Q3 24
Q2 24
Q1 24
$1.4B
FCF Margin
B
B
ENB
ENB
Q4 25
42.0%
Q3 25
Q2 25
Q1 25
15.1%
Q4 24
79.0%
Q3 24
Q2 24
Q1 24
29.0%
Capex Intensity
B
B
ENB
ENB
Q4 25
114.3%
Q3 25
Q2 25
Q1 25
19.6%
Q4 24
90.1%
Q3 24
Q2 24
Q1 24
17.5%
Cash Conversion
B
B
ENB
ENB
Q4 25
5.96×
Q3 25
Q2 25
1.06×
Q1 25
1.29×
Q4 24
21.18×
Q3 24
Q2 24
1.83×
Q1 24
2.08×

Financial Flow Comparison

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

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