Enbridge ENB Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Operating margin | 67.3%-9.6pp | 76.9%+19.5pp | 57.4%+3.4pp | 54%-24.0pp | |
| Net margin | 41.5%-9.8pp | 51.3%+15.4pp | 35.8%-3.8pp | 39.6%-19.5pp | |
| EBITDA margin | 102.1%-16.7pp | 118.7%+22.5pp | 96.2%+10.1pp | 86.1%-27.0pp | |
| Free cash flow margin | 28.4%-35.9pp | 64.3%-10.1pp | 74.4%+41.0pp | 33.4%+10.7pp | |
| Returns | |||||
| Return on equity | 40.4%+3.1pp | 37.3%+10.6pp | 26.7%-6.2pp | 32.9%-7.0pp | |
| Return on assets | 12.6%0.0pp | 12.5%+3.2pp | 9.3%-2.8pp | 12.1%-3.4pp | |
| Return on invested capital | 23.8%+1.9pp | 21.9%+5.2pp | 16.7%-1.9pp | 18.7%-3.6pp | |
| Efficiency | |||||
| Asset turnover | 1.2×+0.2× | 1×-0.1× | 1.1×-0.2× | 1.2×+0.2× | |
| Liquidity | |||||
| Current ratio | 2.9×+0.3× | 2.6×-0.1× | 2.7×+0.3× | 2.5×+0.2× | |
| Quick ratio | 2.5×+0.2× | 2.3×-0.1× | 2.4×+0.3× | 2.1×+0.2× | |
| Cash ratio | 0.3×-0.1× | 0.5×-0.1× | 0.6×+0.4× | 0.2×+0.1× | |
| Leverage | |||||
| Debt-to-equity | 6.1×+0.8× | 5.3×+0.6× | 4.7×0.0× | 4.8×+0.5× | |
| Debt-to-assets | 1.8×+0.1× | 1.7×+0.1× | 1.7×0.0× | 1.7×+0.1× | |
| Net debt / EBITDA | 24.2×-0.4× | 24.6×-1.0× | 25.6×-0.8× | 26.4×+4.7× | |
| Interest coverage | 8.7×0.0× | 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 / earnings | 62.4×+6.2× | 56.2×-22.9× | 79.1×+9.0× | 70.1×+20.5× | |
| Price / sales | 6.4×-0.7× | 7.1×+0.7× | 6.4×0.0× | 6.4×-0.9× | |
| Price / book | 6.3×+1.2× | 5.1×+0.2× | 4.8×-0.5× | 5.4×+0.3× | |
| EV / EBITDA | 49.4×+0.8× | 48.5×-4.3× | 52.8×-3.7× | 56.5×+8.8× | |
| EV / sales | 12.6×-1.8× | 14.4×+1.9× | 12.5×+0.4× | 12×-1.3× | |
| Free cash flow yield | 17.8%-18.5pp | 36.2%-10.1pp | 46.3%+24.8pp | 21.5%+9.1pp | |
| Earnings yield | 25.9%-2.9pp | 28.9%+6.9pp | 22%-2.6pp | 24.6%-7.8pp | |
| Dividend yield | 31.8%-5.2pp | 37%-1.1pp | 38.1%+4.8pp | 33.3%-0.7pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
