Enbridge (ENB) EV to FCF (2010 - 2026)
Enbridge's EV to FCF came in at 371.16 for Q3 2026, up 945.2% from 35.51 a year earlier and up 275.5% from the prior quarter.
Enbridge (ENB) EV to FCF (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Enbridge reported EV to FCF of 360.70, up 937.2% year-over-year; for FY2025, it came in at 44.77, up 106.5% from FY2024.
- Going back by year, EV to FCF was 21.68 in FY2024 (+106.2%), 10.51 in FY2023 (-34.4%), 16.02 in FY2022 (-77.3%) and 70.54 in FY2021 (+244.9%).
- The Q3 2026 figure represents the highest quarterly EV to FCF in data going back to Q4 2010.
- Year-over-year, EV to FCF has increased for ten consecutive quarters, with growth averaging 247.9% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q3 2026 (growth of 945.2%), and the weakest in Q4 2022 (a decline of 77.1%).
- Business Quant data shows ENB's EV to FCF at 98.85 (Q2 2026), 88.28 (Q1 2026) and 44.92 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 371.16 |
| Jun 30, 2026 | 98.85 |
| Mar 31, 2026 | 88.28 |
| Dec 31, 2025 | 44.92 |
| Sep 30, 2025 | 35.51 |
| Jun 30, 2025 | 26.68 |
| Mar 31, 2025 | 25.91 |
| Dec 31, 2024 | 21.75 |
| Sep 30, 2024 | 16.95 |
| Jun 30, 2024 | 13.43 |
| Mar 31, 2024 | 12.03 |
| Dec 31, 2023 | 11.07 |
| Sep 30, 2023 | 10.34 |
| Jun 30, 2023 | 12.44 |
| Mar 31, 2023 | 14.17 |
| Dec 31, 2022 | 16.06 |
| Sep 30, 2022 | 22.29 |
| Jun 30, 2022 | 30.76 |
| Mar 31, 2022 | 42.26 |
| Dec 31, 2021 | 70.03 |
Enbridge EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=ENB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "ENB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();