Enbridge (ENB) Long-Term Deferred Tax (2011 - 2026)
Enbridge's Long-Term Deferred Tax was $679.55 million in Q2 2026, up 72.8% from $393.33 million a year earlier and up 9.5% from the prior quarter.
Enbridge (ENB) Long-Term Deferred Tax (2011 - 2026) Analysis & Trends
At the end of FY2025, Long-Term Deferred Tax at Enbridge came in at $501.72 million, down 13.7% from FY2024.
- Long-Term Deferred Tax shows a five-year compound annual growth rate of -2.7% (FY2020 to FY2025).
- In earlier years, Long-Term Deferred Tax was $581.4 million in FY2024 (+130.0%), $252.74 million in FY2023 (-30.4%), $363.05 million in FY2022 (-6.8%) and $389.4 million in FY2021 (-32.3%).
- The Q2 2026 figure marks the highest quarterly Long-Term Deferred Tax since Q3 2020.
- Compared with a year earlier, Long-Term Deferred Tax was higher in seven of the last eight quarters, with growth averaging 42.2%.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q4 2024 (growth of 127.5%); the worst was Q1 2022 (a decline of 56.9%).
- Per Business Quant data, ENB's Long-Term Deferred Tax in the three quarters before Q2 2026 was $620.55 million (Q1 2026), $502.68 million (Q4 2025) and $510.82 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.84 Bn | 100.44 Bn | 4.84 Bn |
| 2 | Williams Companies | 89.20 Bn | 87.92 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 79.12 Bn | 77.51 Bn | - |
| 4 | Kinder Morgan | 75.45 Bn | 75.15 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.26 Bn | 62.44 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.74 Bn | 60.82 Bn | 2.81 Bn |
| 7 | Targa Resources | 63.52 Bn | 63.00 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 59.48 Bn | 54.30 Bn | 5.29 Bn |
| 9 | Mplx | 59.26 Bn | 52.82 Bn | 2.91 Bn |
| 10 | Oneok | 58.76 Bn | 57.15 Bn | 2.81 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 661.55 Mn |
| Mar 31, 2026 | 610.99 Mn |
| Dec 31, 2025 | 511.88 Mn |
| Sep 30, 2025 | 505.17 Mn |
| Jun 30, 2025 | 398.35 Mn |
| Mar 31, 2025 | 552.80 Mn |
| Dec 31, 2024 | 554.71 Mn |
| Sep 30, 2024 | 365.69 Mn |
| Jun 30, 2024 | 340.89 Mn |
| Mar 31, 2024 | 347.96 Mn |
| Dec 31, 2023 | 257.76 Mn |
| Sep 30, 2023 | 294.27 Mn |
| Jun 30, 2023 | 197.74 Mn |
| Mar 31, 2023 | 342.41 Mn |
| Dec 31, 2022 | 348.29 Mn |
| Sep 30, 2022 | 338.59 Mn |
| Jun 30, 2022 | 245.28 Mn |
| Mar 31, 2022 | 220.31 Mn |
| Dec 31, 2021 | 382.91 Mn |
| Sep 30, 2021 | 482.21 Mn |
Enbridge Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=ENB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();