Enbridge Inc (ENB) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.95x

Enbridge Inc (ENB) has a Cash Flow Reinvestment Rate of 0.95x as of March 2026, reinvesting CA$3.35 Billion (capex CA$3.35 Billion ) from operating cash flow of CA$3.50 Billion. Check ENB cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

0.95x
(Capex + Investments) / Operating CF

Total Reinvested

CA$3.35 Billion
Capex + Investments

Operating Cash Flow

CA$3.50 Billion
CAD

Capital Expenditures

CA$3.35 Billion
CAD

Enbridge Inc Cash Flow Reinvestment Rate (1991–2025)

Historical reinvestment intensity for Enbridge Inc across 35 annual periods. Explore Enbridge Inc (ENB) long-term investment share to see how much of total assets are deployed in long-term investments.

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

Year-by-year capital reinvestment analysis for Enbridge Inc. For live market cap and broader valuation context, see ENB market cap overview.

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