Enbridge (EBRGF) Tax Rate (2017 - 2026)

Enbridge's (EBRGF) quarterly Tax Rate came in at 24.82% in Q1 2026, up 295.0% year-on-year from 6.28% in Q1 2025, and up 187.08% sequentially from 28.5% in Q4 2025.

Enbridge (EBRGF) Tax Rate (2017 - 2026) Analysis & Trends

Enbridge's Tax Rate history runs 10 years deep, the most recent figure standing at 24.82% for Q1 2026.

  • In Q1 2026, Tax Rate rose 295.0% year-over-year to 24.82%; the TTM figure through Mar 2026 stood at 9.81% (down 1339.0% YoY), while the FY2025 annual figure was 10.0%, down 1286.0% from the prior year.
  • Tax Rate came in at 24.82% for Q1 2026 at Enbridge, up from 28.5% in the prior quarter.
  • Over five years, Tax Rate peaked at 29.75% in Q4 2023 and troughed at 102.0% in Q4 2022.
  • The 5-year median for Tax Rate is 21.46% (2023), against an average of 12.07%.
  • The widest annual swing landed in 2022, when Tax Rate sank 12107 bps; it then soared 13175 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 102.0% in 2022, then jumped by 129 bps to 29.75% in 2023, then fell by 9 bps to 27.21% in 2024, then sank by 205 bps to 28.5% in 2025, then jumped by 187 bps to 24.82% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 24.82% in Q1 2026, 28.5% in Q4 2025, and 27.17% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 24.82%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 22.28%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.45%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 6.40%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 20.27%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.11%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 24.00%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 15.08%
10 Enbridge - - 6.70 Bn 24.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.82%
Mar 31, 2026 24.82%
Dec 31, 2025 -28.50%
Dec 31, 2025 -28.50%
Sep 30, 2025 27.17%
Sep 30, 2025 27.17%
Jun 30, 2025 22.30%
Jun 30, 2025 22.30%
Mar 31, 2025 21.87%
Mar 31, 2025 21.87%
Dec 31, 2024 27.21%
Dec 31, 2024 27.21%
Sep 30, 2024 17.74%
Sep 30, 2024 17.74%
Jun 30, 2024 26.97%
Jun 30, 2024 26.97%
Mar 31, 2024 19.78%
Mar 31, 2024 19.78%
Dec 31, 2023 29.75%
Dec 31, 2023 29.75%