Enbridge (ENB) Invested Capital (2011 - 2026)
Enbridge (ENB) posted quarterly Invested Capital of $4.9 billion for Q2 2026, up 112.87% year-over-year from $2.3 billion in Q2 2025, and up 32.27% on a QoQ basis from $3.7 billion in Q1 2026.
Enbridge (ENB) Invested Capital (2011 - 2026) Analysis & Trends
Enbridge has reported Invested Capital for 16 years, with the latest figure at $4.9 billion in Q2 2026.
- Invested Capital for Q2 2026 came in at $4.9 billion, up 112.87% year-over-year; the trailing twelve-month figure through Jun 2026 was $13.5 billion (down 83.94% YoY), and the FY2025 annual result was $3.6 billion, down 95.15% from the prior year.
- Invested Capital climbed to $4.9 billion in Q2 2026, from $3.7 billion in the prior quarter.
- Over five years, Invested Capital peaked at $72.8 billion in Q4 2024 and troughed at $1.3 billion in Q3 2025.
- A 5-year average of $14.2 billion and a median of $4.9 billion in 2022 frame the typical range for Invested Capital.
- The widest annual swing landed in 2025, when Invested Capital plunged 95.04%; it then jumped 112.87% in 2026.
- A 5-year view of Invested Capital shows it stood at $59.7 billion in 2022, then decreased by 0.02% to $59.6 billion in 2023, then gained by 22.03% to $72.8 billion in 2024, then plunged by 95.04% to $3.6 billion in 2025, then soared by 34.48% to $4.9 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $4.9 billion in Q2 2026, $3.7 billion in Q1 2026, and $3.6 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 29.70 Bn |
| 2 | Enbridge | 111.13 Bn | 109.64 Bn | 5.23 Bn | 4.85 Bn |
| 3 | Enterprise Products Partners | 83.42 Bn | 82.51 Bn | - | 2.02 Bn |
| 4 | Energy Transfer | 72.55 Bn | 71.52 Bn | 7.40 Bn | 12.00 Mn |
| 5 | Tc Energy | 66.17 Bn | 58.61 Bn | 1.24 Bn | 2.53 Bn |
| 6 | Mplx | 60.16 Bn | 59.13 Bn | 2.73 Bn | 26.01 Bn |
| 7 | Oneok | 60.05 Bn | 59.89 Bn | 2.81 Bn | 1.50 Bn |
| 8 | Targa Resources | 59.27 Bn | 59.14 Bn | 2.14 Bn | 18.46 Bn |
| 9 | Cheniere Energy | 56.13 Bn | 54.88 Bn | 5.29 Bn | 1.41 Bn |
| 10 | Venture Global | 34.44 Bn | 31.22 Bn | 2.92 Bn | 287.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.85 Bn |
| Mar 31, 2026 | 3.67 Bn |
| Dec 31, 2025 | 3.61 Bn |
| Sep 30, 2025 | 1.33 Bn |
| Jun 30, 2025 | 2.28 Bn |
| Mar 31, 2025 | 3.55 Bn |
| Dec 31, 2024 | 72.78 Bn |
| Sep 30, 2024 | 5.17 Bn |
| Jun 30, 2024 | 4.91 Bn |
| Mar 31, 2024 | 4.35 Bn |
| Dec 31, 2023 | 59.64 Bn |
| Sep 30, 2023 | 5.32 Bn |
| Jun 30, 2023 | 4.53 Bn |
| Mar 31, 2023 | 5.50 Bn |
| Dec 31, 2022 | 59.66 Bn |
| Sep 30, 2022 | 4.89 Bn |
| Jun 30, 2022 | 5.64 Bn |
| Mar 31, 2022 | 3.46 Bn |
| Dec 31, 2021 | 60.01 Bn |
| Sep 30, 2021 | 3.73 Bn |