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Enbridge Inc (TSE:ENB)
TSX:ENB
Canadian Market

Enbridge (ENB) Ratios

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Enbridge Ratios

TSE:ENB's free cash flow for Q3 2025 was C$0.42. For the 2025 fiscal year, TSE:ENB's free cash flow was decreased by C$ and operating cash flow was C$0.17. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.80 0.55 0.83 0.60 0.49
Quick Ratio
0.68 0.49 0.74 0.49 0.40
Cash Ratio
0.10 0.08 0.34 0.04 0.02
Solvency Ratio
0.11 0.07 0.09 0.06 0.10
Operating Cash Flow Ratio
1.13 0.53 0.81 0.55 0.51
Short-Term Operating Cash Flow Coverage
5.49 1.53 2.19 1.40 1.21
Net Current Asset Value
C$ -97.71BC$ -136.92BC$ -101.44BC$ -104.06BC$ -96.54B
Leverage Ratios
Debt-to-Assets Ratio
0.48 0.46 0.45 0.45 0.45
Debt-to-Equity Ratio
1.59 1.54 1.32 1.35 1.24
Debt-to-Capital Ratio
0.61 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
3.33 3.32 2.93 3.00 2.78
Debt Service Coverage Ratio
2.34 1.20 1.41 0.73 1.05
Interest Coverage Ratio
2.27 2.23 2.26 3.01 2.89
Debt to Market Cap
0.51 0.77 0.83 0.76 0.76
Interest Debt Per Share
36.44 49.26 41.35 41.58 38.73
Net Debt to EBITDA
3.92 5.89 4.62 8.13 6.14
Profitability Margins
Gross Profit Margin
35.19%36.22%38.95%30.77%30.84%
EBIT Margin
20.42%21.98%26.89%14.57%22.17%
EBITDA Margin
29.08%31.63%37.38%18.48%26.09%
Operating Profit Margin
17.50%18.67%19.82%18.19%16.58%
Pretax Profit Margin
12.71%13.62%18.05%8.52%16.42%
Net Profit Margin
9.35%10.15%14.18%5.63%13.15%
Continuous Operations Profit Margin
9.74%10.51%13.88%5.51%13.41%
Net Income Per EBT
73.61%74.54%78.58%66.12%80.08%
EBT Per EBIT
72.61%72.97%91.08%46.84%99.03%
Return on Assets (ROA)
3.87%2.48%3.43%1.67%3.67%
Return on Equity (ROE)
9.78%8.26%10.07%5.01%10.17%
Return on Capital Employed (ROCE)
7.78%5.13%5.31%6.09%5.18%
Return on Invested Capital (ROIC)
5.87%3.79%3.92%3.75%4.03%
Return on Tangible Assets
4.74%3.06%4.27%2.10%4.69%
Earnings Yield
4.16%4.14%6.31%2.80%6.19%
Efficiency Ratios
Receivables Turnover
15.09 7.26 9.01 7.24 7.62
Payables Turnover
8.90 4.84 6.03 5.98 7.28
Inventory Turnover
30.55 22.97 17.57 16.37 19.49
Fixed Asset Turnover
0.69 0.41 0.41 0.51 0.47
Asset Turnover
0.41 0.24 0.24 0.30 0.28
Working Capital Turnover Ratio
-21.99 -7.83 -7.80 -6.12 -5.92
Cash Conversion Cycle
-4.90 -9.21 0.74 11.69 16.53
Days of Sales Outstanding
24.18 50.30 40.49 50.43 47.93
Days of Inventory Outstanding
11.95 15.89 20.78 22.30 18.72
Days of Payables Outstanding
41.03 75.40 60.53 61.04 50.12
Operating Cycle
36.13 66.19 61.27 72.74 66.65
Cash Flow Ratios
Operating Cash Flow Per Share
5.62 5.85 6.91 5.55 4.58
Free Cash Flow Per Share
1.97 2.63 4.54 3.16 0.57
CapEx Per Share
3.65 3.22 2.37 2.38 4.00
Free Cash Flow to Operating Cash Flow
0.35 0.45 0.66 0.57 0.13
Dividend Paid and CapEx Coverage Ratio
0.77 0.83 1.14 0.93 0.61
Capital Expenditure Coverage Ratio
1.54 1.82 2.91 2.33 1.14
Operating Cash Flow Coverage Ratio
0.16 0.12 0.17 0.14 0.12
Operating Cash Flow to Sales Ratio
0.19 0.24 0.33 0.21 0.20
Free Cash Flow Yield
2.96%4.31%9.51%5.98%1.16%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
24.05 24.16 15.84 35.69 16.15
Price-to-Sales (P/S) Ratio
2.25 2.45 2.25 2.01 2.12
Price-to-Book (P/B) Ratio
3.10 2.00 1.60 1.79 1.64
Price-to-Free Cash Flow (P/FCF) Ratio
33.77 23.19 10.52 16.72 85.95
Price-to-Operating Cash Flow Ratio
11.82 10.43 6.91 9.54 10.80
Price-to-Earnings Growth (PEG) Ratio
-2.37 -1.37 0.13 -0.64 0.17
Price-to-Fair Value
3.10 2.00 1.60 1.79 1.64
Enterprise Value Multiple
11.66 13.65 10.63 19.01 14.27
Enterprise Value
218.48B 231.35B 173.37B 187.28B 175.31B
EV to EBITDA
11.66 13.65 10.63 19.01 14.27
EV to Sales
3.39 4.32 3.97 3.51 3.72
EV to Free Cash Flow
50.84 40.80 18.59 29.22 150.74
EV to Operating Cash Flow
17.83 18.36 12.21 16.68 18.94
Tangible Book Value Per Share
9.51 12.86 14.15 13.30 13.14
Shareholders’ Equity Per Share
21.47 30.58 29.89 29.57 30.07
Tax and Other Ratios
Effective Tax Rate
0.23 0.23 0.23 0.35 0.18
Revenue Per Share
29.56 24.87 21.23 26.33 23.27
Net Income Per Share
2.76 2.52 3.01 1.48 3.06
Tax Burden
0.74 0.75 0.79 0.66 0.80
Interest Burden
0.62 0.62 0.67 0.58 0.74
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 0.00 >-0.01 0.15 0.14
Stock-Based Compensation to Revenue
0.00 0.00 0.00 <0.01 <0.01
Income Quality
2.04 2.24 2.34 3.82 1.47
Currency in CAD