Enbridge (ENB) EV to FCF (2018 - 2026)
Enbridge's EV to FCF came in at 98.56 for Q2 2026, up 269.6% from 26.66 a year earlier and up 11.8% from the prior quarter.
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Analysis
Enbridge (ENB) EV to FCF (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Enbridge reported EV to FCF of 96.07, up 276.1% year-over-year; for FY2025, it came in at 44.76, up 106.4% from FY2024.
- Going back by year, EV to FCF was 21.69 in FY2024 (+106.2%), 10.52 in FY2023 (-34.4%), 16.04 in FY2022 (-77.3%) and 70.57 in FY2021 (+245.6%).
- The Q2 2026 figure represents the highest quarterly EV to FCF in data going back to Q2 2018.
- Year-over-year, EV to FCF has increased for nine consecutive quarters, with growth averaging 139.3% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q2 2026 (growth of 269.6%), and the weakest in Q4 2022 (a decline of 77.1%).
- Business Quant data shows ENB's EV to FCF at 88.13 (Q1 2026), 44.97 (Q4 2025) and 35.98 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 98.56 |
| Mar 31, 2026 | 88.13 |
| Dec 31, 2025 | 44.97 |
| Sep 30, 2025 | 35.98 |
| Jun 30, 2025 | 26.66 |
| Mar 31, 2025 | 25.72 |
| Dec 31, 2024 | 21.63 |
| Sep 30, 2024 | 16.82 |
| Jun 30, 2024 | 13.43 |
| Mar 31, 2024 | 12.03 |
| Dec 31, 2023 | 10.52 |
| Sep 30, 2023 | 10.34 |
| Jun 30, 2023 | 12.43 |
| Mar 31, 2023 | 14.17 |
| Dec 31, 2022 | 16.06 |
| Sep 30, 2022 | 22.31 |
| Jun 30, 2022 | 30.77 |
| Mar 31, 2022 | 42.25 |
| Dec 31, 2021 | 70.04 |
| Sep 30, 2021 | 49.04 |
API Access
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_KEYimport 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();