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Enbridge ENB Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Operating margin67.3%-9.6pp76.9%+19.5pp57.4%+3.4pp54%-24.0pp
Net margin41.5%-9.8pp51.3%+15.4pp35.8%-3.8pp39.6%-19.5pp
EBITDA margin102.1%-16.7pp118.7%+22.5pp96.2%+10.1pp86.1%-27.0pp
Free cash flow margin28.4%-35.9pp64.3%-10.1pp74.4%+41.0pp33.4%+10.7pp
Returns
Return on equity40.4%+3.1pp37.3%+10.6pp26.7%-6.2pp32.9%-7.0pp
Return on assets12.6%0.0pp12.5%+3.2pp9.3%-2.8pp12.1%-3.4pp
Return on invested capital23.8%+1.9pp21.9%+5.2pp16.7%-1.9pp18.7%-3.6pp
Efficiency
Asset turnover1.2×+0.2×-0.1×1.1×-0.2×1.2×+0.2×
Liquidity
Current ratio2.9×+0.3×2.6×-0.1×2.7×+0.3×2.5×+0.2×
Quick ratio2.5×+0.2×2.3×-0.1×2.4×+0.3×2.1×+0.2×
Cash ratio0.3×-0.1×0.5×-0.1×0.6×+0.4×0.2×+0.1×
Leverage
Debt-to-equity6.1×+0.8×5.3×+0.6×4.7×0.0×4.8×+0.5×
Debt-to-assets1.8×+0.1×1.7×+0.1×1.7×0.0×1.7×+0.1×
Net debt / EBITDA24.2×-0.4×24.6×-1.0×25.6×-0.8×26.4×+4.7×
Interest coverage8.7×0.0×8.7×+1.2×7.4×-2.1×9.6×-3.0×
Valuation
Market capitalization$409.19B+22.7%$333.41B+11.3%$299.58B-10.1%$333.29B+5.9%
Enterprise value$802.42B+18.8%$675.4B+16.0%$582.14B-6.9%$625.26B+8.2%
Price / earnings62.4×+6.2×56.2×-22.9×79.1×+9.0×70.1×+20.5×
Price / sales6.4×-0.7×7.1×+0.7×6.4×0.0×6.4×-0.9×
Price / book6.3×+1.2×5.1×+0.2×4.8×-0.5×5.4×+0.3×
EV / EBITDA49.4×+0.8×48.5×-4.3×52.8×-3.7×56.5×+8.8×
EV / sales12.6×-1.8×14.4×+1.9×12.5×+0.4×12×-1.3×
Free cash flow yield17.8%-18.5pp36.2%-10.1pp46.3%+24.8pp21.5%+9.1pp
Earnings yield25.9%-2.9pp28.9%+6.9pp22%-2.6pp24.6%-7.8pp
Dividend yield31.8%-5.2pp37%-1.1pp38.1%+4.8pp33.3%-0.7pp

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Questions, answered.

Where do Enbridge's ratios come from?
Every ratio is computed from Enbridge's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.