Enbridge (ENB) Intangibles (2009 - 2026)
Enbridge's Intangibles came in at $2.79 billion for Q2 2026, down 10.6% from $3.13 billion a year earlier and down 2.8% from the prior quarter.
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Analysis
Enbridge (ENB) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Enbridge's Intangibles was $2.91 billion, down 8.8% from FY2024.
- Intangibles carries a five-year compound annual growth rate of 12.3% (FY2020 to FY2025).
- Going back by year, Intangibles was $3.2 billion in FY2024 (+19.6%), $2.67 billion in FY2023 (-9.8%), $2.96 billion in FY2022 (-5.7%) and $3.14 billion in FY2021 (+92.8%).
- The Q2 2026 figure represents the lowest quarterly Intangibles since Q4 2023.
- Year-over-year, Intangibles has declined for six consecutive quarters, with an average decline of 0.9% over the last eight quarters.
- The fastest year-over-year change in Intangibles over five years came in Q4 2021 (growth of 92.8%), and the weakest in Q2 2026 (a decline of 10.6%).
- Business Quant data shows ENB's Intangibles at $2.87 billion (Q1 2026), $2.91 billion (Q4 2025) and $3.06 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn | 2.76 Bn |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn | - |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn | 3.99 Bn |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn | 1.82 Bn |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn | 7.06 Bn |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - | - |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn | 2.00 Bn |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn | - |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn | 1.28 Bn |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn | 2.80 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.76 Bn |
| Jun 30, 2026 | 2.79 Bn |
| Mar 31, 2026 | 2.87 Bn |
| Dec 31, 2025 | 2.91 Bn |
| Sep 30, 2025 | 3.06 Bn |
| Jun 30, 2025 | 3.13 Bn |
| Mar 31, 2025 | 3.16 Bn |
| Dec 31, 2024 | 3.20 Bn |
| Sep 30, 2024 | 3.26 Bn |
| Jun 30, 2024 | 3.29 Bn |
| Mar 31, 2024 | 3.35 Bn |
| Dec 31, 2023 | 2.67 Bn |
| Sep 30, 2023 | 2.76 Bn |
| Jun 30, 2023 | 2.84 Bn |
| Mar 31, 2023 | 2.89 Bn |
| Dec 31, 2022 | 2.96 Bn |
| Sep 30, 2022 | 3.02 Bn |
| Jun 30, 2022 | 3.04 Bn |
| Mar 31, 2022 | 3.12 Bn |
| Dec 31, 2021 | 3.14 Bn |
API Access
Enbridge 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=intangibles&ticker=ENB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=intangibles&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();