Enbridge (ENB) Invested Capital (2009 - 2026)
Enbridge (ENB) reported Invested Capital of $130.05 billion for Q3 2026, up 5.4% from $123.44 billion a year earlier and up 2.5% from the prior quarter.
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Analysis
Enbridge (ENB) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Enbridge posted Invested Capital of $124.29 billion, up 4.6% from FY2024.
- Invested Capital has increased for three consecutive years, though with a five-year compound annual growth rate of -4.2% (FY2020 to FY2025).
- By year, Invested Capital came in at $118.86 billion in FY2024 (+7.9%), $110.12 billion in FY2023 (+3.4%), $106.54 billion in FY2022 (-33.4%) and $159.92 billion in FY2021 (+4.0%).
- The Q3 2026 figure ranks as the highest quarterly Invested Capital since Q4 2021.
- Year over year, Invested Capital has now increased in each of the last 12 quarters, with growth averaging 4.7% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q3 2024 (growth of 12.2%); the low point was Q4 2022 (a decline of 33.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $126.85 billion (Q2 2026), $127.28 billion (Q1 2026) and $124.29 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 130.05 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 22.36 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 64.63 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 65.90 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 61.79 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 118.50 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 23.81 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 35.90 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 41.30 Bn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn | 60.98 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 130.05 Bn |
| 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 | 159.92 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_KEYimport 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();