Enbridge (ENB) Change in Working Capital (2012 - 2026)
Enbridge's Change in Working Capital was -$892.09 million in Q2 2026, compared with -$41.86 million a year earlier.
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Analysis
Enbridge (ENB) Change in Working Capital (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Enbridge's Change in Working Capital was $912.18 million through Jun 30, 2026, up 190.2% year-over-year; for FY2025, it came in at $1.01 billion, up 935.2% from FY2024.
- In earlier years, Change in Working Capital was $97.14 million in FY2024, -$1.71 billion in FY2023, $9.23 million in FY2022 (-99.2%) and $1.17 billion in FY2021.
- The Q2 2026 figure marks the lowest quarterly Change in Working Capital in data going back to Q2 2012.
- Per Business Quant data, ENB's Change in Working Capital in the three quarters before Q2 2026 was $1.4 billion (Q1 2026), $477.58 million (Q4 2025) and -$74.12 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | -892.09 Mn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | -666.00 Mn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | -12.00 Mn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 221.94 Mn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | - |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | - |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | - |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -892.09 Mn |
| Mar 31, 2026 | 1.40 Bn |
| Dec 31, 2025 | 477.58 Mn |
| Sep 30, 2025 | -74.12 Mn |
| Jun 30, 2025 | -41.86 Mn |
| Mar 31, 2025 | 626.53 Mn |
| Dec 31, 2024 | -156.77 Mn |
| Sep 30, 2024 | -113.62 Mn |
| Jun 30, 2024 | 151.35 Mn |
| Mar 31, 2024 | 222.63 Mn |
| Dec 31, 2023 | -624.36 Mn |
| Sep 30, 2023 | -173.80 Mn |
| Jun 30, 2023 | -233.76 Mn |
| Mar 31, 2023 | -676.08 Mn |
| Dec 31, 2022 | -434.65 Mn |
| Sep 30, 2022 | 355.77 Mn |
| Jun 30, 2022 | -30.59 Mn |
| Mar 31, 2022 | 139.74 Mn |
| Dec 31, 2021 | 642.60 Mn |
| Sep 30, 2021 | 232.76 Mn |
API Access
Enbridge Change in Working Capital 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-working-capital&ticker=ENB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "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-working-capital&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();