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Enbridge (ENB) Operating Expenses (2017 - 2025)

Enbridge (ENB) has disclosed Operating Expenses for 9 consecutive years, with $10.4 billion as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 5.13% to $10.4 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $38.8 billion, a 21.36% increase, with the full-year FY2025 number at $38.8 billion, up 21.27% from a year prior.
  • Operating Expenses was $10.4 billion for Q4 2025 at Enbridge, up from $9.0 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $10.4 billion in Q4 2025 to a low of $6.0 billion in Q3 2023.
  • A 5-year average of $8.2 billion and a median of $8.1 billion in 2021 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: surged 75.85% in 2021, then tumbled 34.41% in 2023.
  • Enbridge's Operating Expenses stood at $8.3 billion in 2021, then increased by 24.48% to $10.3 billion in 2022, then crashed by 32.5% to $6.9 billion in 2023, then surged by 41.96% to $9.9 billion in 2024, then grew by 5.13% to $10.4 billion in 2025.
  • Per Business Quant, the three most recent readings for ENB's Operating Expenses are $10.4 billion (Q4 2025), $9.0 billion (Q3 2025), and $9.1 billion (Q2 2025).