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| Date | Value |
|---|---|
| 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 |