Enbridge (ENB) Invested Capital (2011 - 2026)
Enbridge (ENB) reported Invested Capital of $130.3 billion for Q2 2026, up 6.6% from $122.27 billion a year earlier and up 0.8% from the prior quarter.
Analysis
Enbridge (ENB) Invested Capital (2011 - 2026) Analysis & Trends
For FY2025, Enbridge posted Invested Capital of $121.82 billion, down 2.2% from FY2024.
- Invested Capital has a five-year compound annual growth rate of 4.5% (FY2020 to FY2025).
- By year, Invested Capital came in at $124.58 billion in FY2024 (+15.4%), $107.97 billion in FY2023 (-2.8%), $111.05 billion in FY2022 (+0.1%) and $110.92 billion in FY2021 (+13.2%).
- The Q2 2026 figure ranks as the highest quarterly Invested Capital in data going back to Q4 2011.
- Year over year, Invested Capital gained in seven of the last eight quarters, with growth averaging 6.2%.
- The high point for year-over-year Invested Capital in five years was Q4 2024 (growth of 14.1%); the low point was Q3 2023 (a decline of 5.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $129.27 billion (Q1 2026), $122.06 billion (Q4 2025) and $124.82 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 105.31 Bn | 100.91 Bn | 4.84 Bn | 126.85 Bn |
| 2 | Williams Companies | 87.68 Bn | 86.39 Bn | 2.54 Bn | 19.83 Bn |
| 3 | Enterprise Products Partners | 80.09 Bn | 78.47 Bn | - | 64.29 Bn |
| 4 | Kinder Morgan | 76.82 Bn | 76.52 Bn | 3.07 Bn | 65.13 Bn |
| 5 | Energy Transfer | 69.65 Bn | 62.84 Bn | 7.40 Bn | 118.93 Bn |
| 6 | Tc Energy | 65.15 Bn | 61.23 Bn | 2.81 Bn | 31.45 Bn |
| 7 | Targa Resources | 64.22 Bn | 63.70 Bn | 2.14 Bn | 23.37 Bn |
| 8 | Cheniere Energy | 61.99 Bn | 56.82 Bn | 5.29 Bn | 35.53 Bn |
| 9 | Oneok | 60.82 Bn | 59.21 Bn | 2.81 Bn | 56.06 Bn |
| 10 | Mplx | 59.74 Bn | 53.30 Bn | 2.91 Bn | 40.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 126.85 Bn |
| Mar 31, 2026 | 127.28 Bn |
| Dec 31, 2025 | 124.29 Bn |
| Sep 30, 2025 | 123.44 Bn |
| Jun 30, 2025 | 123.83 Bn |
| Mar 31, 2025 | 121.88 Bn |
| Dec 31, 2024 | 118.86 Bn |
| Sep 30, 2024 | 121.46 Bn |
| Jun 30, 2024 | 118.51 Bn |
| Mar 31, 2024 | 114.42 Bn |
| Dec 31, 2023 | 110.12 Bn |
| Sep 30, 2023 | 108.21 Bn |
| Jun 30, 2023 | 108.30 Bn |
| Mar 31, 2023 | 107.71 Bn |
| Dec 31, 2022 | 106.54 Bn |
| Sep 30, 2022 | 109.44 Bn |
| Jun 30, 2022 | 111.27 Bn |
| Mar 31, 2022 | 112.76 Bn |
| Dec 31, 2021 | 109.07 Bn |
| Sep 30, 2021 | 106.32 Bn |
API Access
Enbridge Invested Capital 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=invested-capital&ticker=ENB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();