Enbridge (ENB) FCF Margin (2012 - 2026)
Enbridge (ENB) posted quarterly FCF Margin of 3.87% for Q2 2026, down 512.0% year-over-year from 0.94% in Q2 2025, and up 993.07% on a QoQ basis from 0.43% in Q1 2026.
Enbridge (ENB) FCF Margin (2012 - 2026) Analysis & Trends
Enbridge has reported FCF Margin for 15 years, with the latest figure at 3.87% in Q2 2026.
- FCF Margin for Q2 2026 came in at 3.87%, down 512.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 2.0% (down 597.0% YoY), and the FY2025 annual result was 5.06%, down 596.0% from the prior year.
- FCF Margin rose to 3.87% in Q2 2026, from 0.43% in the prior quarter.
- Over five years, FCF Margin peaked at 23.73% in Q2 2023 and troughed at 0.43% in Q1 2026.
- A 5-year average of 11.47% and a median of 10.48% in 2022 frame the typical range for FCF Margin.
- The widest annual swing landed in 2022, when FCF Margin soared 1649 bps; it then plunged 1473 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 16.17% in 2022, then surged by 34 bps to 21.61% in 2023, then sank by 68 bps to 6.88% in 2024, then tumbled by 93 bps to 0.48% in 2025, then surged by 712 bps to 3.87% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 3.87% in Q2 2026, 0.43% in Q1 2026, and 0.48% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 21.84% |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 3.87% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 11.07% |
| 4 | Energy Transfer | 72.53 Bn | 71.50 Bn | 7.40 Bn | 7.88% |
| 5 | Tc Energy | 66.12 Bn | 58.56 Bn | 1.24 Bn | 146.27% |
| 6 | Mplx | 60.19 Bn | 59.16 Bn | 2.73 Bn | 26.48% |
| 7 | Oneok | 60.00 Bn | 59.84 Bn | 2.81 Bn | 11.95% |
| 8 | Targa Resources | 59.13 Bn | 59.00 Bn | 2.14 Bn | 9.71% |
| 9 | Cheniere Energy | 56.04 Bn | 54.79 Bn | 5.29 Bn | 6.94% |
| 10 | Venture Global | 34.44 Bn | 31.22 Bn | 2.92 Bn | -35.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.87% |
| 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% |