Enbridge (ENB) Capital Expenditures (2012 - 2026)
Enbridge (ENB) reported Capital Expenditures of $2.15 billion for Q2 2026, up 56.8% from $1.37 billion a year earlier and up 20.9% from the prior quarter.
Powered by 
Analysis
Enbridge (ENB) Capital Expenditures (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Enbridge's Capital Expenditures came in at $7.79 billion, up 39.3% year-over-year; for FY2025, it was $6.42 billion, up 31.0% from FY2024.
- Capital Expenditures has a five-year compound annual growth rate of 9.7% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $4.9 billion in FY2024 (+42.1%), $3.45 billion in FY2023 (-3.5%), $3.57 billion in FY2022 (-42.7%) and $6.24 billion in FY2021 (+54.6%).
- Five-year quarterly Capital Expenditures spans a low of $717.65 million in Q2 2023 and a high of $2.17 billion in Q4 2025.
- Year over year, Capital Expenditures has now increased in each of the last ten quarters, with growth averaging 44.6% over the last eight quarters.
- The high point for year-over-year Capital Expenditures in five years was Q4 2024 (growth of 81.1%); the low point was Q1 2022 (a decline of 49.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.78 billion (Q1 2026), $2.17 billion (Q4 2025) and $1.69 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 2.15 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 1.16 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 1.56 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 982.00 Mn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | -773.53 Mn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 1.01 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 825.00 Mn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 1.18 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 613.00 Mn |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | 3.72 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.15 Bn |
| Mar 31, 2026 | 1.78 Bn |
| Dec 31, 2025 | 2.17 Bn |
| Sep 30, 2025 | 1.69 Bn |
| Jun 30, 2025 | 1.37 Bn |
| Mar 31, 2025 | 1.20 Bn |
| Dec 31, 2024 | 1.82 Bn |
| Sep 30, 2024 | 1.20 Bn |
| Jun 30, 2024 | 985.58 Mn |
| Mar 31, 2024 | 879.40 Mn |
| Dec 31, 2023 | 1.01 Bn |
| Sep 30, 2023 | 888.40 Mn |
| Jun 30, 2023 | 717.65 Mn |
| Mar 31, 2023 | 835.12 Mn |
| Dec 31, 2022 | 1.06 Bn |
| Sep 30, 2022 | 921.63 Mn |
| Jun 30, 2022 | 748.26 Mn |
| Mar 31, 2022 | 827.37 Mn |
| Dec 31, 2021 | 1.53 Bn |
| Sep 30, 2021 | 1.72 Bn |
API Access
Enbridge Capital Expenditures 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=capital-expenditures&ticker=ENB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();