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ENBRIDGE INC（ENB）与Raymond James Financial（RJF）财务数据对比。点击上方公司名可切换其他公司
ENBRIDGE INC的季度营收约是Raymond James Financial的1.4倍（$5.7B vs $4.2B），ENBRIDGE INC净利率更高（26.2% vs 13.5%，领先12.8%），ENBRIDGE INC同比增速更快（5.3% vs 3.5%），ENBRIDGE INC自由现金流更多（$2.4B vs $-56.0M），过去两年ENBRIDGE INC的营收复合增速更高（7.6% vs 7.1%）
加拿大恩布里奇公司（Enbridge Inc.）是总部位于阿尔伯塔省卡尔加里的跨国能源管道企业，在加拿大、美国运营管网输送原油、天然气及天然气液，同时布局可再生能源业务。其管网是北美最长、全球规模最大的原油出口管网，拥有近2.9万公里原油管道及超3.83万公里天然气管道。
雷蒙德詹姆斯金融是美国跨国独立投资银行及金融服务机构，通过旗下子公司为个人、企业及市政主体提供多元金融服务，核心业务覆盖投资与财务规划、投资银行、资产管理等领域，总部位于美国佛罗里达州圣彼得堡。
ENB vs RJF — 直观对比
营收规模更大
ENB
是对方的1.4倍
$4.2B
营收增速更快
ENB
高出1.8%
3.5%
净利率更高
ENB
高出12.8%
13.5%
自由现金流更多
ENB
多$2.5B
$-56.0M
两年增速更快
ENB
近两年复合增速
7.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.7B | $4.2B |
| 净利润 | $1.5B | $563.0M |
| 毛利率 | — | — |
| 营业利润率 | 34.7% | — |
| 净利率 | 26.2% | 13.5% |
| 营收同比 | 5.3% | 3.5% |
| 净利润同比 | 246.2% | -6.2% |
| 每股收益（稀释后） | — | $2.79 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ENBRJF
| Q4 25 | $5.7B | $4.2B | ||
| Q3 25 | $4.5B | $4.2B | ||
| Q2 25 | $4.8B | $3.8B | ||
| Q1 25 | $6.4B | $3.8B | ||
| Q4 24 | $5.4B | $4.0B | ||
| Q3 24 | $4.2B | $4.0B | ||
| Q2 24 | $4.3B | $3.8B | ||
| Q1 24 | $4.9B | $3.6B |
净利润ENBRJF
| Q4 25 | $1.5B | $563.0M | ||
| Q3 25 | $575.2M | $604.0M | ||
| Q2 25 | $1.7B | $436.0M | ||
| Q1 25 | $1.7B | $495.0M | ||
| Q4 24 | $434.4M | $600.0M | ||
| Q3 24 | $1.0B | $602.0M | ||
| Q2 24 | $1.4B | $492.0M | ||
| Q1 24 | $1.1B | $476.0M |
毛利率ENBRJF
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 7.5% | — | ||
| Q1 24 | 26.2% | — |
营业利润率ENBRJF
| Q4 25 | 34.7% | — | ||
| Q3 25 | 36.9% | — | ||
| Q2 25 | 35.1% | 14.7% | ||
| Q1 25 | 41.7% | 17.5% | ||
| Q4 24 | 32.8% | 18.6% | ||
| Q3 24 | 38.7% | — | ||
| Q2 24 | 38.3% | 17.1% | ||
| Q1 24 | 40.0% | 16.7% |
净利率ENBRJF
| Q4 25 | 26.2% | 13.5% | ||
| Q3 25 | 12.8% | 14.4% | ||
| Q2 25 | 34.9% | 11.3% | ||
| Q1 25 | 26.8% | 12.9% | ||
| Q4 24 | 8.0% | 14.9% | ||
| Q3 24 | 24.3% | 15.0% | ||
| Q2 24 | 32.8% | 13.1% | ||
| Q1 24 | 22.3% | 13.1% |
每股收益（稀释后）ENBRJF
| Q4 25 | — | $2.79 | ||
| Q3 25 | — | $2.96 | ||
| Q2 25 | — | $2.12 | ||
| Q1 25 | — | $2.36 | ||
| Q4 24 | — | $2.86 | ||
| Q3 24 | — | $2.85 | ||
| Q2 24 | — | $2.31 | ||
| Q1 24 | — | $2.22 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $798.6M | $9.9B |
| 总债务越低越好 | $72.2B | — |
| 股东权益账面价值 | $45.5B | $12.6B |
| 总资产 | $159.5B | $88.8B |
| 负债/权益比越低杠杆越低 | 1.59× | — |
8季度趋势，按日历期对齐
现金及短期投资ENBRJF
| Q4 25 | $798.6M | $9.9B | ||
| Q3 25 | $1.0B | $11.4B | ||
| Q2 25 | $878.2M | $9.2B | ||
| Q1 25 | $1.5B | $9.7B | ||
| Q4 24 | $1.3B | $10.0B | ||
| Q3 24 | $1.4B | $11.0B | ||
| Q2 24 | $2.6B | $9.1B | ||
| Q1 24 | $886.2M | $10.0B |
总债务ENBRJF
| 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 | — |
股东权益ENBRJF
| Q4 25 | $45.5B | $12.6B | ||
| Q3 25 | $47.6B | $12.5B | ||
| Q2 25 | $47.8B | $12.3B | ||
| Q1 25 | $49.8B | $12.2B | ||
| Q4 24 | $48.1B | $11.9B | ||
| Q3 24 | $48.0B | $11.7B | ||
| Q2 24 | $49.1B | $11.2B | ||
| Q1 24 | $46.9B | $11.0B |
总资产ENBRJF
| Q4 25 | $159.5B | $88.8B | ||
| Q3 25 | $158.4B | $88.2B | ||
| Q2 25 | $154.5B | $84.8B | ||
| Q1 25 | $160.6B | $83.1B | ||
| Q4 24 | $159.9B | $82.3B | ||
| Q3 24 | $150.2B | $83.0B | ||
| Q2 24 | $146.9B | $80.6B | ||
| Q1 24 | $139.2B | $81.2B |
负债/权益比ENBRJF
| 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× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $9.0B | $-10.0M |
| 自由现金流经营现金流 - 资本支出 | $2.4B | $-56.0M |
| 自由现金流率自由现金流/营收 | 42.0% | -1.3% |
| 资本支出强度资本支出/营收 | 114.3% | 1.1% |
| 现金转化率经营现金流/净利润 | 5.96× | -0.02× |
| 过去12个月自由现金流最近4个季度 | — | $1.4B |
8季度趋势，按日历期对齐
经营现金流ENBRJF
| Q4 25 | $9.0B | $-10.0M | ||
| Q3 25 | — | $796.0M | ||
| Q2 25 | — | $691.0M | ||
| Q1 25 | $2.2B | $117.0M | ||
| Q4 24 | $9.2B | $830.0M | ||
| Q3 24 | — | $510.0M | ||
| Q2 24 | — | $711.0M | ||
| Q1 24 | $2.3B | $391.0M |
自由现金流ENBRJF
| Q4 25 | $2.4B | $-56.0M | ||
| Q3 25 | — | $752.0M | ||
| Q2 25 | — | $634.0M | ||
| Q1 25 | $970.9M | $71.0M | ||
| Q4 24 | $4.3B | $789.0M | ||
| Q3 24 | — | $460.0M | ||
| Q2 24 | — | $655.0M | ||
| Q1 24 | $1.4B | $342.0M |
自由现金流率ENBRJF
| Q4 25 | 42.0% | -1.3% | ||
| Q3 25 | — | 17.9% | ||
| Q2 25 | — | 16.5% | ||
| Q1 25 | 15.1% | 1.8% | ||
| Q4 24 | 79.0% | 19.6% | ||
| Q3 24 | — | 11.5% | ||
| Q2 24 | — | 17.4% | ||
| Q1 24 | 29.0% | 9.4% |
资本支出强度ENBRJF
| Q4 25 | 114.3% | 1.1% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | 19.6% | 1.2% | ||
| Q4 24 | 90.1% | 1.0% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | 17.5% | 1.3% |
现金转化率ENBRJF
| Q4 25 | 5.96× | -0.02× | ||
| Q3 25 | — | 1.32× | ||
| Q2 25 | — | 1.58× | ||
| Q1 25 | 1.29× | 0.24× | ||
| Q4 24 | 21.18× | 1.38× | ||
| Q3 24 | — | 0.85× | ||
| Q2 24 | — | 1.45× | ||
| Q1 24 | 2.08× | 0.82× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
