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FCF Margin for Enbridge (ENB)

As of · Reported

Metric

TTM

2.8%

YoY change

−3.66pp

Trough year (1998)

-49.0%

Peak year (2023)

21.4%

FCF Margin history chart for Enbridge (ENB) from 1991 to 2025

Latest: 6.9%

FCF Margin change chart for Enbridge (ENB) from 1991 to 2025

Latest: −3.66pp

FCF Margin history table for Enbridge (ENB) from 1991 to 2025

  • 20256.9%-3.66pp
  • 202410.6%-10.76pp
  • 202321.4%+9.34pp
  • 202212.0%+9.55pp
  • 20212.5%-8.17pp
  • 202010.6%+3.24pp
  • 20197.4%+0.60pp
  • 20186.8%+11.94pp
  • 2017-5.1%-5.01pp
  • 2016-0.1%+8.17pp
  • 2015-8.3%+13.45pp
  • 2014-21.7%-6.23pp
  • 2013-15.5%-4.33pp
  • 2012-11.2%-11.26pp
  • 20110.1%+3.76pp
  • 2010-3.7%+6.78pp
  • 2009-10.5%+3.48pp
  • 2008-13.9%-6.21pp
  • 2007-7.7%-8.78pp
  • 20061.1%-1.58pp
  • 20052.6%-3.33pp
  • 20046.0%+5.90pp
  • 20030.1%-3.91pp
  • 20024.0%+17.44pp
  • 2001-13.5%-9.56pp
  • 2000-3.9%+7.46pp
  • 1999-11.4%+37.68pp
  • 1998-49.0%-40.33pp
  • 1997-8.7%-7.79pp
  • 1996-0.9%-2.96pp
  • 19952.0%+31.95pp
  • 1994-29.9%-42.70pp
  • 199312.8%+13.96pp
  • 1992-1.2%-11.12pp
  • 199110.0%—

FCF Margin values are taken from Enbridge's reported income statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in CAD as filed.

About FCF Margin at Enbridge (ENB)

According to Enbridge's latest reported financial statements, the company's latest reported free cash flow margin is 2.8%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Enbridge (ENB) most recent annual free cash flow margin stands at 6.94% (2025) – contracted 3.7 percentage points year-over-year.

Across the available history, free cash flow margin reached its high of 21.36% in 2023 and its low of -49.04% in 1998.

Enbridge FCF Margin by Year

Enbridge FCF Margin 2025: 6.9%

In 2025, Enbridge reported free cash flow margin of 6.94%, contracted 3.7 percentage points from 2024.

Enbridge FCF Margin 2024: 10.6%

Enbridge free cash flow margin in 2024 was 10.60%, contracted 10.8 percentage points from 2023.

Enbridge FCF Margin 2023: 21.4%

2023's free cash flow margin for Enbridge came in at 21.36%, expanded 9.3 percentage points from 2022. This figure represents the highest annual value in the available history.

Enbridge FCF Margin 2022: 12.0%

Enbridge posted free cash flow margin of 12.02% in 2022, expanded 9.6 percentage points from 2021.

Enbridge FCF Margin 2021: 2.5%

Enbridge free cash flow margin in 2021 was 2.47%.

See more financial history for Enbridge (ENB).

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Energy peers of Enbridge (ENB), ranked by their latest free cash flow margin

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