Want to see TSE:ENB full AI Analyst Report?
Enbridge (ENB) Ratios
Enbridge Ratios
TSE:ENB's free cash flow for Q2 2026 was $1.32B. For the 2026 fiscal year, TSE:ENB's free cash flow was decreased by $-2.98B and operating cash flow was $4.29B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.63 | 0.55 | 0.83 | 0.60 | 0.49 |
| Quick Ratio | 0.55 | 0.49 | 0.74 | 0.49 | 0.40 |
| Cash Ratio | 0.06 | 0.08 | 0.34 | 0.04 | 0.02 |
| Solvency Ratio | 0.09 | 0.07 | 0.09 | 0.06 | 0.10 |
| Operating Cash Flow Ratio | 0.62 | 0.53 | 0.81 | 0.55 | 0.54 |
| Short-Term Operating Cash Flow Coverage | 2.03 | 1.53 | 2.19 | 1.40 | 1.27 |
| Net Current Asset Value | $ -139.36B | $ -136.92B | $ -101.44B | $ -104.06B | $ -96.54B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.49 | 0.46 | 0.45 | 0.45 | 0.45 |
| Debt-to-Equity Ratio | 1.71 | 1.54 | 1.32 | 1.35 | 1.24 |
| Debt-to-Capital Ratio | 0.63 | 0.61 | 0.57 | 0.57 | 0.55 |
| Long-Term Debt-to-Capital Ratio | 0.61 | 0.59 | 0.55 | 0.55 | 0.53 |
| Financial Leverage Ratio | 3.50 | 3.32 | 2.93 | 3.00 | 2.78 |
| Debt Service Coverage Ratio | 1.62 | 1.20 | 1.41 | 0.74 | 1.08 |
| Interest Coverage Ratio | 2.23 | 2.23 | 2.22 | 2.75 | 3.08 |
| Debt to Market Cap | 0.74 | 0.77 | 0.83 | 0.76 | 0.76 |
| Interest Debt Per Share | 51.17 | 49.26 | 41.35 | 41.50 | 38.58 |
| Net Debt to EBITDA | 5.14 | 5.89 | 4.62 | 8.13 | 6.14 |
| Profitability Margins | |||||
| Gross Profit Margin | 32.61% | 36.22% | 39.64% | 31.14% | 30.22% |
| EBIT Margin | 22.77% | 21.98% | 27.28% | 10.35% | 18.01% |
| EBITDA Margin | 31.46% | 31.63% | 38.04% | 18.43% | 26.24% |
| Operating Profit Margin | 17.28% | 18.67% | 19.76% | 15.66% | 15.87% |
| Pretax Profit Margin | 15.04% | 13.62% | 18.37% | 8.50% | 16.51% |
| Net Profit Margin | 11.50% | 10.15% | 14.44% | 5.62% | 13.22% |
| Continuous Operations Profit Margin | 11.96% | 10.51% | 14.13% | 5.50% | 13.49% |
| Net Income Per EBT | 76.49% | 74.54% | 78.58% | 66.12% | 80.08% |
| EBT Per EBIT | 87.03% | 72.97% | 92.98% | 54.28% | 104.05% |
| Return on Assets (ROA) | 3.43% | 2.48% | 3.43% | 1.67% | 3.67% |
| Return on Equity (ROE) | 12.02% | 8.26% | 10.07% | 5.01% | 10.17% |
| Return on Capital Employed (ROCE) | 5.70% | 5.13% | 5.20% | 5.25% | 4.93% |
| Return on Invested Capital (ROIC) | 4.39% | 3.79% | 3.85% | 3.23% | 3.83% |
| Return on Tangible Assets | 4.18% | 3.06% | 4.27% | 2.10% | 4.69% |
| Earnings Yield | 5.23% | 4.14% | 6.31% | 2.80% | 6.19% |
| Efficiency Ratios | |||||
| Receivables Turnover | 8.67 | 7.26 | 8.86 | 5.95 | 6.72 |
| Payables Turnover | 5.78 | 4.84 | 6.01 | 5.96 | 7.31 |
| Inventory Turnover | 27.07 | 22.97 | 17.50 | 16.32 | 19.56 |
| Fixed Asset Turnover | 0.49 | 0.41 | 0.41 | 0.51 | 0.47 |
| Asset Turnover | 0.30 | 0.24 | 0.24 | 0.30 | 0.28 |
| Working Capital Turnover Ratio | -7.06 | -7.83 | -7.67 | -6.13 | -5.89 |
| Cash Conversion Cycle | -7.56 | -9.21 | 1.32 | 22.52 | 23.05 |
| Days of Sales Outstanding | 42.11 | 50.30 | 41.21 | 61.36 | 54.35 |
| Days of Inventory Outstanding | 13.48 | 15.89 | 20.86 | 22.36 | 18.66 |
| Days of Payables Outstanding | 63.15 | 75.40 | 60.75 | 61.21 | 49.96 |
| Operating Cycle | 55.59 | 66.19 | 62.07 | 83.73 | 73.01 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 5.94 | 5.85 | 6.91 | 5.55 | 4.84 |
| Free Cash Flow Per Share | 1.82 | 2.63 | 4.54 | 3.16 | 0.97 |
| Dividend Paid and CapEx Coverage Ratio | 0.74 | 0.83 | 1.14 | 0.93 | 0.65 |
| Capital Expenditure Coverage Ratio | 1.44 | 1.82 | 2.91 | 2.33 | 1.25 |
| Operating Cash Flow Coverage Ratio | 0.12 | 0.12 | 0.17 | 0.14 | 0.13 |
| Operating Cash Flow to Sales Ratio | 0.20 | 0.24 | 0.33 | 0.21 | 0.21 |
| Free Cash Flow Yield | 2.78% | 4.31% | 9.51% | 5.98% | 1.97% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 20.27 | 26.07 | 15.84 | 35.69 | 16.15 |
| Price-to-Sales (P/S) Ratio | 2.20 | 2.45 | 2.29 | 2.01 | 2.14 |
| Price-to-Book (P/B) Ratio | 2.30 | 2.00 | 1.60 | 1.79 | 1.64 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 35.99 | 23.19 | 10.52 | 16.72 | 50.71 |
| Price-to-Operating Cash Flow Ratio | 11.06 | 10.43 | 6.91 | 9.54 | 10.21 |
| Price-to-Earnings Growth (PEG) Ratio | 0.53 | -1.48 | 0.13 | -0.64 | 0.17 |
| Enterprise Value Multiple | 12.13 | 13.65 | 10.63 | 19.01 | 14.27 |
| Enterprise Value | 248.51B | 231.35B | 173.37B | 187.28B | 175.31B |
| EV to EBITDA | 12.13 | 13.65 | 10.63 | 19.01 | 14.27 |
| EV to Sales | 3.82 | 4.32 | 4.04 | 3.50 | 3.75 |
| EV to Free Cash Flow | 62.47 | 40.80 | 18.59 | 29.22 | 88.94 |
| EV to Operating Cash Flow | 19.19 | 18.36 | 12.21 | 16.68 | 17.91 |
| Tangible Book Value Per Share | 12.22 | 12.86 | 14.15 | 13.30 | 13.14 |
| Shareholders’ Equity Per Share | 28.59 | 30.58 | 29.89 | 29.57 | 30.07 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.20 | 0.23 | 0.23 | 0.35 | 0.18 |
| Revenue Per Share | 29.87 | 24.87 | 20.86 | 26.39 | 23.14 |
| Net Income Per Share | 3.44 | 2.52 | 3.01 | 1.48 | 3.06 |
| Tax Burden | 0.76 | 0.75 | 0.79 | 0.66 | 0.80 |
| Interest Burden | 0.66 | 0.62 | 0.67 | 0.82 | 0.92 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.15 | 0.18 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.73 | 2.24 | 2.34 | 3.82 | 1.55 |
Currency in CAD
