Enbridge (ENB) Deferred Taxes (2012 - 2026)
Enbridge's Deferred Taxes came in at $133.02 million for Q2 2026, down 62.2% from $351.47 million a year earlier and down 32.7% from the prior quarter.
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Analysis
Enbridge (ENB) Deferred Taxes (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Enbridge reported Deferred Taxes of $499.89 million, down 22.1% year-over-year; for FY2025, it was $733.61 million, up 39.7% from FY2024.
- Deferred Taxes carries a five-year compound annual growth rate of 17.1% (FY2020 to FY2025).
- Going back by year, Deferred Taxes was $525.16 million in FY2024 (-50.1%), $1.05 billion in FY2023 (+43.0%), $736.09 million in FY2022 (-15.4%) and $870.57 million in FY2021 (+160.9%).
- The five-year range for quarterly Deferred Taxes is -$17.18 million (Q4 2024) to $365.06 million (Q4 2023).
- Year-over-year, Deferred Taxes increased in three of the last five quarters, with growth averaging 12.2%.
- The fastest year-over-year change in Deferred Taxes over five years came in Q2 2023 (growth of 797.6%), and the weakest in Q3 2023 (a decline of 97.0%).
- Business Quant data shows ENB's Deferred Taxes at $197.61 million (Q1 2026), $58.08 million (Q4 2025) and $111.18 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 133.02 Mn |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 5.00 Mn |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 74.00 Mn |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 295.00 Mn |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | 160.49 Mn |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 226.40 Mn |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | - |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 312.00 Mn |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 289.00 Mn |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn | 296.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 133.02 Mn |
| Mar 31, 2026 | 197.61 Mn |
| Dec 31, 2025 | 58.08 Mn |
| Sep 30, 2025 | 111.18 Mn |
| Jun 30, 2025 | 351.47 Mn |
| Mar 31, 2025 | 211.86 Mn |
| Dec 31, 2024 | -17.18 Mn |
| Sep 30, 2024 | 95.30 Mn |
| Jun 30, 2024 | 350.22 Mn |
| Mar 31, 2024 | 99.44 Mn |
| Dec 31, 2023 | 365.06 Mn |
| Sep 30, 2023 | 2.98 Mn |
| Jun 30, 2023 | 323.84 Mn |
| Mar 31, 2023 | 358.01 Mn |
| Dec 31, 2022 | 263.00 Mn |
| Sep 30, 2022 | 100.44 Mn |
| Jun 30, 2022 | 36.08 Mn |
| Mar 31, 2022 | 333.95 Mn |
| Dec 31, 2021 | 239.59 Mn |
| Sep 30, 2021 | 112.81 Mn |
API Access
Enbridge Deferred Taxes 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=deferred-taxes&ticker=ENB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();