Enbridge (ENB) Deferred Taxes (2012 - 2026)
Enbridge (ENB) posted quarterly Deferred Taxes of $133.0 million for Q2 2026, down 62.15% year-over-year from $351.5 million in Q2 2025, and down 32.69% on a QoQ basis from $197.6 million in Q1 2026.
Enbridge (ENB) Deferred Taxes (2012 - 2026) Analysis & Trends
Enbridge has reported Deferred Taxes for 15 years, with the latest figure at $133.0 million in Q2 2026.
- Deferred Taxes for Q2 2026 came in at $133.0 million, down 62.15% year-over-year; the trailing twelve-month figure through Jun 2026 was $499.9 million (down 22.07% YoY), and the FY2025 annual result was $733.6 million, up 39.69% from the prior year.
- Deferred Taxes eased to $133.0 million in Q2 2026, from $197.6 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $365.1 million in Q4 2023 and troughed at -$17.2 million in Q4 2024.
- A 5-year average of $187.5 million and a median of $165.3 million in 2026 frame the typical range for Deferred Taxes.
- The largest YoY upside for Deferred Taxes was 3093.89% in 2024 against a maximum downside of 104.71% in 2024.
- A 5-year view of Deferred Taxes shows it stood at $263.0 million in 2022, then surged by 38.81% to $365.1 million in 2023, then tumbled by 104.71% to -$17.2 million in 2024, then soared by 438.08% to $58.1 million in 2025, then jumped by 129.01% to $133.0 million in 2026.
- Per Business Quant data, the three most recent Deferred Taxes figures were $133.0 million in Q2 2026, $197.6 million in Q1 2026, and $58.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 295.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 133.02 Mn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 5.00 Mn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 74.00 Mn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 160.49 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | - |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 289.00 Mn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 226.40 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 312.00 Mn |
| 10 | Venture Global | 34.09 Bn | 30.87 Bn | 2.92 Bn | 296.00 Mn |
Historic Data
Download 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 |