Enbridge (ENB) Capital Expenditures (2012 - 2026)

Enbridge (ENB) posted quarterly Capital Expenditures of $1.8 billion for Q1 2026, up 48.11% year-on-year from $1.2 billion in Q1 2025, and down 18.12% on a QoQ basis from $2.2 billion in Q4 2025.

Enbridge (ENB) Capital Expenditures (2012 - 2026) Analysis & Trends

Enbridge (ENB) has reported Capital Expenditures for 15 consecutive years, with $1.8 billion the latest figure, recorded in Q1 2026.

  • Quarterly Capital Expenditures rose 48.11% year-over-year to $1.8 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.0 billion (up 34.64% YoY) and the FY2025 annual result came in at $6.4 billion, up 31.02% from the prior year.
  • Capital Expenditures retreated to $1.8 billion in Q1 2026 per ENB's latest filing, from $2.2 billion in the prior quarter.
  • Over the last five years, Capital Expenditures for ENB reached as high as $2.2 billion in Q4 2025 and fell as low as $717.7 million in Q2 2023.
  • A 5-year average of $1.2 billion and a median of $1.0 billion in 2023 frame the typical range for Capital Expenditures.
  • Annual changes were most pronounced in 2022 — Capital Expenditures sank 49.14% — and 2024, when it surged 81.11%.
  • Year by year, Capital Expenditures stood at $1.1 billion in 2022, then dropped by 5.34% to $1.0 billion in 2023, then surged by 81.11% to $1.8 billion in 2024, then grew by 19.18% to $2.2 billion in 2025, then fell by 18.12% to $1.8 billion in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $1.8 billion, $2.2 billion, and $1.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -166,000.00
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -3.03 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 982.00 Mn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 1.78 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 983.00 Mn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -2.87 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 1.92 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 899.50 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 864.00 Mn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 575.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.78 Bn
Mar 31, 2026 1.78 Bn
Dec 31, 2025 2.17 Bn
Dec 31, 2025 2.17 Bn
Sep 30, 2025 1.69 Bn
Sep 30, 2025 1.69 Bn
Jun 30, 2025 1.37 Bn
Jun 30, 2025 1.37 Bn
Mar 31, 2025 1.20 Bn
Mar 31, 2025 1.20 Bn
Dec 31, 2024 1.82 Bn
Dec 31, 2024 1.82 Bn
Sep 30, 2024 1.20 Bn
Sep 30, 2024 1.20 Bn
Jun 30, 2024 985.58 Mn
Jun 30, 2024 985.58 Mn
Mar 31, 2024 879.40 Mn
Mar 31, 2024 879.40 Mn
Dec 31, 2023 1.01 Bn
Dec 31, 2023 1.01 Bn