Enbridge (ENB) Intangibles (2011 - 2026)
Enbridge (ENB) posted quarterly Intangibles of $2.9 billion for Q1 2026, down 7.23% year-on-year from $3.1 billion in Q1 2025, and up 2.0% on a QoQ basis from $2.9 billion in Q4 2025.
Enbridge (ENB) Intangibles (2011 - 2026) Analysis & Trends
Enbridge (ENB) has reported Intangibles for 16 consecutive years, with $2.9 billion the latest figure, recorded in Q1 2026.
- Quarterly Intangibles fell 7.23% year-over-year to $2.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.9 billion (down 7.23% YoY) and the FY2025 annual result came in at $2.9 billion, down 45.15% from the prior year.
- Intangibles improved to $2.9 billion in Q1 2026 per ENB's latest filing, from $2.9 billion in the prior quarter.
- Over the last five years, Intangibles for ENB reached as high as $5.1 billion in Q4 2024 and fell as low as $2.6 billion in Q4 2023.
- A 5-year average of $3.1 billion and a median of $3.1 billion in 2022 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2024 — Intangibles jumped 96.46% — and 2025, when it sank 43.93%.
- Year by year, Intangibles stood at $3.0 billion in 2022, then retreated by 12.23% to $2.6 billion in 2023, then soared by 96.46% to $5.1 billion in 2024, then plunged by 43.93% to $2.9 billion in 2025, then advanced by 2.0% to $2.9 billion in 2026.
- According to Business Quant data, Intangibles over the past three periods registered $2.9 billion, $2.9 billion, and $3.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | - |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.87 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.92 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 4.10 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 7.29 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 5.03 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 2.87 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 1.36 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.92 Bn |
| Dec 31, 2025 | 2.86 Bn |
| Sep 30, 2025 | 3.10 Bn |
| Jun 30, 2025 | 3.09 Bn |
| Mar 31, 2025 | 3.15 Bn |
| Dec 31, 2024 | 5.10 Bn |
| Sep 30, 2024 | 3.23 Bn |
| Jun 30, 2024 | 3.29 Bn |
| Mar 31, 2024 | 3.36 Bn |
| Dec 31, 2023 | 2.60 Bn |
| Sep 30, 2023 | 2.78 Bn |
| Jun 30, 2023 | 2.80 Bn |
| Mar 31, 2023 | 2.89 Bn |
| Dec 31, 2022 | 2.96 Bn |
| Sep 30, 2022 | 3.16 Bn |
| Jun 30, 2022 | 3.07 Bn |
| Mar 31, 2022 | 3.08 Bn |
| Dec 31, 2021 | 3.18 Bn |
| Sep 30, 2021 | 1.76 Bn |
| Jun 30, 2021 | 1.79 Bn |