Enbridge (ENB) Invested Capital (2011 - 2026)
Enbridge (ENB) posted quarterly Invested Capital of $3.7 billion for Q1 2026, up 3.3% year-on-year from $3.6 billion in Q1 2025, and up 1.67% on a QoQ basis from $3.6 billion in Q4 2025.
Enbridge (ENB) Invested Capital (2011 - 2026) Analysis & Trends
Enbridge (ENB) has reported Invested Capital for 16 consecutive years, with $3.7 billion the latest figure, recorded in Q1 2026.
- Quarterly Invested Capital rose 3.3% year-over-year to $3.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.9 billion (down 87.4% YoY) and the FY2025 annual result came in at $3.6 billion, down 95.15% from the prior year.
- Invested Capital advanced to $3.7 billion in Q1 2026 per ENB's latest filing, from $3.6 billion in the prior quarter.
- Over the last five years, Invested Capital for ENB reached as high as $72.8 billion in Q4 2024 and fell as low as $1.3 billion in Q3 2025.
- A 5-year average of $14.7 billion and a median of $4.9 billion in 2022 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2022 — Invested Capital soared 85.35% — and 2025, when it plunged 95.04%.
- Year by year, Invested Capital stood at $59.7 billion in 2022, then declined by 0.02% to $59.6 billion in 2023, then grew by 22.03% to $72.8 billion in 2024, then tumbled by 95.04% to $3.6 billion in 2025, then rose by 1.67% to $3.7 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $3.7 billion, $3.6 billion, and $1.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 104.65 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 110.20 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 29.70 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 3.67 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.71 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 1.11 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 19.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 18.32 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.65 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 26.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 3.04 Bn |