Enbridge (ENB) Change in Intangibles (2009 - 2026)
Enbridge's Change in Intangibles was $67.86 million in Q3 2026, up 2.6% from $66.12 million a year earlier and up 59.1% from the prior quarter.
Enbridge (ENB) Change in Intangibles (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Enbridge's Change in Intangibles was $149.44 million through Sep 30, 2026, down 24.7% year-over-year; for FY2025, it was $137.42 million, down 14.1% from FY2024.
- Change in Intangibles shows a five-year compound annual growth rate of -3.1% (FY2020 to FY2025).
- In earlier years, Change in Intangibles was $159.96 million in FY2024 (-2.8%), $164.54 million in FY2023 (+22.9%), $133.83 million in FY2022 (-39.0%) and $219.44 million in FY2021 (+36.7%).
- The Q3 2026 figure marks the highest quarterly Change in Intangibles since Q4 2021.
- Compared with a year earlier, Change in Intangibles was higher in six of the last seven quarters, with growth averaging 18.9%.
- The best year-over-year quarter for Change in Intangibles over five years was Q4 2021 (growth of 52.6%); the worst was Q4 2022 (a decline of 55.6%).
- Per Business Quant data, ENB's Change in Intangibles in the three quarters before Q3 2026 was $42.65 million (Q2 2026), $55.42 million (Q1 2026) and -$16.49 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 67.86 Mn |
| 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 | 67.86 Mn |
| Jun 30, 2026 | 42.65 Mn |
| Mar 31, 2026 | 55.42 Mn |
| Dec 31, 2025 | -16.49 Mn |
| Sep 30, 2025 | 66.12 Mn |
| Jun 30, 2025 | 46.19 Mn |
| Mar 31, 2025 | 41.81 Mn |
| Dec 31, 2024 | 44.38 Mn |
| Sep 30, 2024 | 46.92 Mn |
| Jun 30, 2024 | 37.29 Mn |
| Mar 31, 2024 | 31.17 Mn |
| Dec 31, 2023 | 41.87 Mn |
| Sep 30, 2023 | 45.50 Mn |
| Jun 30, 2023 | 28.29 Mn |
| Mar 31, 2023 | 48.82 Mn |
| Dec 31, 2022 | 31.68 Mn |
| Sep 30, 2022 | 30.67 Mn |
| Jun 30, 2022 | 29.80 Mn |
| Mar 31, 2022 | 41.84 Mn |
| Dec 31, 2021 | 71.40 Mn |
Enbridge Change in Intangibles 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=change-in-intangibles&ticker=ENB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "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=change-in-intangibles&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();