Enbridge (ENB) Accumulated Expenses (2009 - 2026)
Enbridge (ENB) reported Accumulated Expenses of $871.66 million for Q3 2026, up 0.7% from $865.18 million a year earlier but down 1.9% from the prior quarter.
Enbridge (ENB) Accumulated Expenses (2009 - 2026) Analysis & Trends
At the end of FY2025, Enbridge posted Accumulated Expenses of $858.73 million, up 0.1% from FY2024.
- Accumulated Expenses has increased for three consecutive years, though with a five-year compound annual growth rate of -23.4% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $857.85 million in FY2024 (+18.5%), $724.13 million in FY2023 (+28.6%), $563.02 million in FY2022 (-86.1%) and $4.05 billion in FY2021 (+24.5%).
- Five-year quarterly Accumulated Expenses spans a low of $468.76 million in Q3 2022 and a high of $4.05 billion in Q4 2021.
- Year over year, Accumulated Expenses has now increased in each of the last 15 quarters, with growth averaging 7.2% over the last eight quarters.
- The high point for year-over-year Accumulated Expenses in five years was Q3 2024 (growth of 59.7%); the low point was Q4 2022 (a decline of 86.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $888.17 million (Q2 2026), $870.17 million (Q1 2026) and $858.73 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 871.66 Mn |
| Jun 30, 2026 | 888.17 Mn |
| Mar 31, 2026 | 870.17 Mn |
| Dec 31, 2025 | 858.73 Mn |
| Sep 30, 2025 | 865.18 Mn |
| Jun 30, 2025 | 856.64 Mn |
| Mar 31, 2025 | 819.06 Mn |
| Dec 31, 2024 | 857.85 Mn |
| Sep 30, 2024 | 855.74 Mn |
| Jun 30, 2024 | 789.82 Mn |
| Mar 31, 2024 | 690.01 Mn |
| Dec 31, 2023 | 724.13 Mn |
| Sep 30, 2023 | 535.91 Mn |
| Jun 30, 2023 | 621.89 Mn |
| Mar 31, 2023 | 524.33 Mn |
| Dec 31, 2022 | 563.02 Mn |
| Sep 30, 2022 | 468.76 Mn |
| Jun 30, 2022 | 546.44 Mn |
| Mar 31, 2022 | 484.69 Mn |
| Dec 31, 2021 | 4.05 Bn |
Enbridge Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=ENB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "ENB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();