With its low melting point of −17.8 °C and gravimetric density of 5.23 wt %, N‐ethylindole is a promising candidate for use as a liquid organic hydrogen carrier (LOHC). Here, the influences of reaction temperature and hydrogen pressure on the hydrogen capacity of N‐ethylindole in the liquid phase are studied. It is found that fully hydrogenated N‐ethylindole can be achieved at 190 °C within 80 min. The hydrogenation of N‐ethylindole over 5 wt % Ru/Al2O3 is found to follow first‐order kinetics with an apparent activation energy of 62.4 kJ mol−1; its rate constant is subsequently derived. The initial rate and turn‐over frequency (TOF) at 160 °C–190 °C are also calculated. The structures of the intermediates during hydrogenation of N‐ethylindole are discussed based on the results of density functional theory calculations. Finally, the hydrogenation mechanism for N‐ethylindole is established.