Enbridge (ENB) FCF Margin (2012 - 2026)
Enbridge (ENB) posted quarterly FCF Margin of 0.43% for Q1 2026, down 762.0% year-on-year from 0.07% in Q1 2025, and down 190.88% on a QoQ basis from 0.48% in Q4 2025.
Enbridge (ENB) FCF Margin (2012 - 2026) Analysis & Trends
Enbridge (ENB) has reported FCF Margin for 15 consecutive years, with 0.43% the latest figure, recorded in Q1 2026.
- Quarterly FCF Margin fell 762.0% year-over-year to 0.43% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.7% (down 595.0% YoY) and the FY2025 annual result came in at 5.06%, down 596.0% from the prior year.
- FCF Margin fell to 0.43% in Q1 2026 per ENB's latest filing, from 0.48% in the prior quarter.
- Over the last five years, FCF Margin for ENB reached as high as 23.73% in Q2 2023 and fell as low as 0.43% in Q1 2026.
- A 5-year average of 11.92% and a median of 11.96% in 2022 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2022 — FCF Margin jumped 1649 bps — and 2024, when it plunged 1473 bps.
- Year by year, FCF Margin stood at 16.17% in 2022, then surged by 34 bps to 21.61% in 2023, then plunged by 68 bps to 6.88% in 2024, then slumped by 93 bps to 0.48% in 2025, then tumbled by 191 bps to 0.43% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 0.43%, 0.48%, and 3.74% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 53.09% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 15.79% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 21.84% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | -0.43% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 3.38% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 97.53% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 5.26% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | -3.91% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 0.73% |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 32.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.43% |
| Dec 31, 2025 | 0.48% |
| Sep 30, 2025 | 3.74% |
| Jun 30, 2025 | 8.99% |
| Mar 31, 2025 | 7.19% |
| Dec 31, 2024 | 6.88% |
| Sep 30, 2024 | 9.01% |
| Jun 30, 2024 | 12.93% |
| Mar 31, 2024 | 17.81% |
| Dec 31, 2023 | 21.61% |
| Sep 30, 2023 | 19.23% |
| Jun 30, 2023 | 23.73% |
| Mar 31, 2023 | 22.67% |
| Dec 31, 2022 | 16.17% |
| Sep 30, 2022 | 8.14% |
| Jun 30, 2022 | 11.96% |
| Mar 31, 2022 | 12.53% |
| Dec 31, 2021 | -0.33% |
| Sep 30, 2021 | 1.32% |
| Jun 30, 2021 | 7.52% |