Enbridge Inc Capital Reinvestment Ratio
Enbridge Inc capital reinvestment ratio. Enbridge Inc (ENB) has a Capital Reinvestment Ratio of 0.69x as of June 2026, meaning it reinvests 1% of its operating cash flow (CA$4.29 Billion) in capital expenditures (CA$2.98 Billion). See ENB free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Enbridge Inc (1991–2025)
Capital reinvestment ratio of Enbridge Inc from 1991 to 2025. This chart tracks Enbridge Inc's Capital Reinvestment Ratio across 35 annual periods. See Enbridge Inc (ENB) financial flexibility to measure the company's free cash flow as a share of total liabilities.
Enbridge Inc Capital Reinvestment Ratio by Year (1991–2025)
Enbridge Inc capital reinvestment ratio by year from 1991 to 2025. For the full cash flow conversion analysis, see ENB cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.69x | CA$12.95 Billion | CA$8.97 Billion | ▲ +26.0% |
| 2024 | 0.55x | CA$12.60 Billion | CA$6.93 Billion | ▲ +60.2% |
| 2023 | 0.34x | CA$14.20 Billion | CA$4.88 Billion | ▼ -20.0% |
| 2022 | 0.43x | CA$11.23 Billion | CA$4.82 Billion | ▼ -46.2% |
| 2021 | 0.80x | CA$9.79 Billion | CA$7.82 Billion | ▲ +39.0% |
| 2020 | 0.57x | CA$9.78 Billion | CA$5.62 Billion | ▼ -5.1% |
| 2019 | 0.61x | CA$9.40 Billion | CA$5.69 Billion | ▼ -13.4% |
| 2018 | 0.70x | CA$10.50 Billion | CA$7.35 Billion | ▼ -48.0% |
| 2017 | 1.35x | CA$6.58 Billion | CA$8.86 Billion | ▲ +33.5% |
| 2016 | 1.01x | CA$5.21 Billion | CA$5.25 Billion | ▼ -37.5% |
| 2015 | 1.61x | CA$4.57 Billion | CA$7.37 Billion | ▼ -61.7% |
| 2014 | 4.21x | CA$2.55 Billion | CA$10.73 Billion | ▲ +66.7% |
| 2013 | 2.53x | CA$3.34 Billion | CA$8.45 Billion | ▲ +29.0% |
| 2012 | 1.96x | CA$2.87 Billion | CA$5.63 Billion | ▲ +146.4% |
| 2011 | 0.80x | CA$3.37 Billion | CA$2.68 Billion | ▼ -38.8% |
| 2010 | 1.30x | CA$1.85 Billion | CA$2.41 Billion | ▼ -21.0% |
| 2009 | 1.65x | CA$2.02 Billion | CA$3.32 Billion | ▼ -37.2% |
| 2008 | 2.62x | CA$1.39 Billion | CA$3.64 Billion | ▲ +57.1% |
| 2007 | 1.67x | CA$1.38 Billion | CA$2.30 Billion | ▲ +82.6% |
| 2006 | 0.91x | CA$1.30 Billion | CA$1.19 Billion | ▲ +21.3% |
| 2005 | 0.75x | CA$903.50 Million | CA$680.60 Million | ▲ +34.6% |
| 2004 | 0.56x | CA$886.70 Million | CA$496.40 Million | ▼ -43.5% |
| 2003 | 0.99x | CA$395.20 Million | CA$391.30 Million | ▲ +19.0% |
| 2002 | 0.83x | CA$877.40 Million | CA$729.90 Million | ▼ -83.7% |
| 2001 | 5.10x | CA$133.90 Million | CA$683.30 Million | ▲ +269.8% |
| 2000 | 1.38x | CA$264.00 Million | CA$364.30 Million | ▼ -14.6% |
| 1999 | 1.62x | CA$495.08 Million | CA$800.35 Million | ▼ -65.1% |
| 1998 | 4.63x | CA$316.25 Million | CA$1.46 Billion | ▲ +207.1% |
| 1997 | 1.51x | CA$432.02 Million | CA$651.47 Million | ▲ +44.7% |
| 1996 | 1.04x | CA$538.03 Million | CA$560.50 Million | ▲ +15.7% |
| 1995 | 0.90x | CA$476.14 Million | CA$428.69 Million | ▼ -52.2% |
| 1994 | 1.89x | CA$199.75 Million | CA$376.63 Million | ▲ +203.6% |
| 1993 | 0.62x | CA$133.44 Million | CA$82.87 Million | ▼ -40.3% |
| 1992 | 1.04x | CA$111.51 Million | CA$116.08 Million | ▲ +59.1% |
| 1991 | 0.65x | CA$180.49 Million | CA$118.10 Million | — |