Enbridge Inc (ENB) — Cash Flow Reinvestment Rate

Latest as of June 2026: 0.69x

Enbridge Inc (ENB) has a Cash Flow Reinvestment Rate of 0.69x as of June 2026, reinvesting CA$2.98 Billion (capex CA$2.98 Billion ) from operating cash flow of CA$4.29 Billion. See Enbridge Inc (ENB) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.69x
(Capex + Investments) / Operating CF

Total Reinvested

CA$2.98 Billion
Capex + Investments

Operating Cash Flow

CA$4.29 Billion
CAD

Capital Expenditures

CA$2.98 Billion
CAD

Enbridge Inc Cash Flow Reinvestment Rate (1991–2025)

Historical reinvestment intensity for Enbridge Inc across 35 annual periods. For the full cash flow conversion analysis, see Enbridge Inc (ENB) cash conversion ratio.

Annual Cash Flow Reinvestment Rate for Enbridge Inc (1991–2025)

Year-by-year capital reinvestment analysis for Enbridge Inc. See Enbridge Inc (ENB) flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (CAD) Operating CF Capex YoY Change
2025 0.87x CA$11.29 Billion CA$12.95 Billion CA$8.97 Billion ▼ -59.7%
2024 2.17x CA$27.29 Billion CA$12.60 Billion CA$6.93 Billion ▲ +193.2%
2023 0.74x CA$10.49 Billion CA$14.20 Billion CA$4.88 Billion ▼ -17.8%
2022 0.90x CA$10.09 Billion CA$11.23 Billion CA$4.82 Billion ▲ +11.0%
2021 0.81x CA$7.92 Billion CA$9.79 Billion CA$7.82 Billion ▼ -26.7%
2020 1.10x CA$10.80 Billion CA$9.78 Billion CA$5.62 Billion ▲ +0.2%
2019 1.10x CA$10.35 Billion CA$9.40 Billion CA$5.69 Billion ▲ +11.6%
2018 0.99x CA$10.36 Billion CA$10.50 Billion CA$7.35 Billion ▼ -67.3%
2017 3.02x CA$19.87 Billion CA$6.58 Billion CA$8.86 Billion ▲ +50.5%
2016 2.00x CA$10.45 Billion CA$5.21 Billion CA$5.25 Billion ▲ +14.6%
2015 1.75x CA$8.00 Billion CA$4.57 Billion CA$7.37 Billion ▼ -61.5%
2014 4.54x CA$11.57 Billion CA$2.55 Billion CA$10.73 Billion ▲ +60.3%
2013 2.83x CA$9.46 Billion CA$3.34 Billion CA$8.45 Billion ▲ +44.6%
2012 1.96x CA$5.63 Billion CA$2.87 Billion CA$5.63 Billion ▲ +146.4%
2011 0.80x CA$2.68 Billion CA$3.37 Billion CA$2.68 Billion ▼ -38.8%
2010 1.30x CA$2.41 Billion CA$1.85 Billion CA$2.41 Billion ▼ -21.0%
2009 1.65x CA$3.32 Billion CA$2.02 Billion CA$3.32 Billion ▼ -37.2%
2008 2.62x CA$3.64 Billion CA$1.39 Billion CA$3.64 Billion ▲ +57.1%
2007 1.67x CA$2.30 Billion CA$1.38 Billion CA$2.30 Billion ▲ +82.6%
2006 0.91x CA$1.19 Billion CA$1.30 Billion CA$1.19 Billion ▲ +21.3%
2005 0.75x CA$680.60 Million CA$903.50 Million CA$680.60 Million ▲ +34.6%
2004 0.56x CA$496.40 Million CA$886.70 Million CA$496.40 Million ▼ -43.5%
2003 0.99x CA$391.30 Million CA$395.20 Million CA$391.30 Million ▲ +19.0%
2002 0.83x CA$729.90 Million CA$877.40 Million CA$729.90 Million ▼ -83.7%
2001 5.10x CA$683.30 Million CA$133.90 Million CA$683.30 Million ▲ +269.8%
2000 1.38x CA$364.30 Million CA$264.00 Million CA$364.30 Million ▼ -14.6%
1999 1.62x CA$800.35 Million CA$495.08 Million CA$800.35 Million ▼ -65.1%
1998 4.63x CA$1.46 Billion CA$316.25 Million CA$1.46 Billion ▲ +207.1%
1997 1.51x CA$651.47 Million CA$432.02 Million CA$651.47 Million ▲ +44.7%
1996 1.04x CA$560.50 Million CA$538.03 Million CA$560.50 Million ▲ +15.7%
1995 0.90x CA$428.69 Million CA$476.14 Million CA$428.69 Million ▼ -52.2%
1994 1.89x CA$376.63 Million CA$199.75 Million CA$376.63 Million ▲ +203.6%
1993 0.62x CA$82.87 Million CA$133.44 Million CA$82.87 Million ▼ -40.3%
1992 1.04x CA$116.08 Million CA$111.51 Million CA$116.08 Million ▲ +59.1%
1991 0.65x CA$118.10 Million CA$180.49 Million CA$118.10 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow