Enbridge Inc. (ENB)

Enbridge Cash Flow Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	7,077	7,789	5,631	6,058	2,938	6,314
Depreciation & Amortization	5,686	5,661	5,167	4,613	4,317	3,852
Other Adjustments	1,058	225	1,935	1,219	3,987	556
Change in Receivables	-	-519	-1,661	1,143	-	-
Changes in Inventories	-	-166	177	763	-	-
Changes in Accounts Payable	-	383	1,375	-1,608	-	-
Changes in Accrued Expenses	-	-54	157	199	-	-
Changes in Other Operating Activities	-2,427	-2,454	-314	4,125	-12	-1,466
Operating Cash Flow	11,559	12,270	12,600	14,201	11,230	9,256
Operating Cash Flow Growth	-7.54%	-2.62%	-11.27%	26.46%	21.33%	-5.37%
Capital Expenditures	-9,689	-8,973	-6,711	-4,654	-4,647	-7,818
Purchases of Intangible Assets	-208	-192	-219	-222	-174	-275
Purchases of Investments	-2,521	-2,322	-3,416	-1,276	-1,041	-640
Payments for Business Acquisitions	-	-	-13,472	-954	-828	-3,785
Proceeds from Business Divestments	219	349	2,724	-	522	1,263
Other Investing Activities	660	635	731	1,063	898	598
Investing Cash Flow	-11,539	-10,503	-20,363	-6,043	-5,270	-10,657
Short-Term Debt Issued	-734	1,797	6,678	-9,753	-852	3,354
Net Short-Term Debt Issued (Repaid)	-734	1,797	6,678	-9,753	-852	3,354
Long-Term Debt Issued	12,925	10,956	9,546	15,377	7,547	8,032
Long-Term Debt Repaid	-4,174	-6,849	-6,633	-4,819	-4,198	-2,264
Net Long-Term Debt Issued (Repaid)	8,751	4,107	2,913	10,558	3,349	5,768
Issuance of Common Stock	23	28	2,485	4,450	3	5
Repurchase of Common Stock	-	-	-	-125	-151	-
Net Common Stock Issued (Repurchased)	23	28	2,485	4,325	-148	5
Repurchase of Preferred Stock	-	-	-	-	-1,003	-415
Net Preferred Stock Issued (Repurchased)	-	-	-	-	-1,003	-415
Common Dividends Paid	-8,282	-8,220	-7,875	-7,276	-6,968	-6,766
Preferred Share Dividends Paid	-424	-419	-387	-352	-338	-367
Other Financing Activities	-374	307	-270	-366	532	-343
Financing Cash Flow	-339	-2,400	3,544	-2,864	-5,428	1,236
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-33	-47	234	-216	55	-5
Net Cash Flow	-352	-680	-3,985	5,078	587	-170
Free Cash Flow	1,870	3,297	5,889	9,547	6,583	1,438
Free Cash Flow Growth	-43.28%	-44.01%	-38.32%	45.02%	357.79%	-67.14%
FCF Margin	2.71%	5.06%	11.01%	21.87%	12.35%	3.05%
Free Cash Flow Per Share	0.86	1.51	2.73	4.64	3.24	0.71
Levered Free Cash Flow	8,069	7,373	14,495	10,082	4,744	9,506
Unlevered Free Cash Flow	1,862	3,113	7,295	10,090	3,007	944.09

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q