Enbridge (ENB) Payables (2011 - 2026)
Enbridge (ENB) reported Payables of $8.46 billion for Q2 2026, up 75.3% from $4.83 billion a year earlier and up 2.7% from the prior quarter.
Analysis
Enbridge (ENB) Payables (2011 - 2026) Analysis & Trends
At the end of FY2025, Enbridge posted Payables of $7.68 billion, up 8.7% from FY2024.
- Payables has a five-year compound annual growth rate of -0.1% (FY2020 to FY2025).
- By year, Payables came in at $7.07 billion in FY2024 (+102.6%), $3.49 billion in FY2023 (-44.5%), $6.28 billion in FY2022 (-30.2%) and $9 billion in FY2021 (+16.5%).
- The Q2 2026 figure ranks as the highest quarterly Payables since Q4 2021.
- Year over year, Payables has now increased in each of the last nine quarters, with growth averaging 47.2% over the last eight quarters.
- The high point for year-over-year Payables in five years was Q4 2024 (growth of 100.3%); the low point was Q2 2023 (a decline of 56.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $8.24 billion (Q1 2026), $7.7 billion (Q4 2025) and $5.66 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.58 Bn | 100.18 Bn | 4.84 Bn | 8.24 Bn |
| 2 | Williams Companies | 86.03 Bn | 84.75 Bn | 2.54 Bn | 2.22 Bn |
| 3 | Enterprise Products Partners | 80.00 Bn | 78.39 Bn | - | 1.63 Bn |
| 4 | Kinder Morgan | 74.74 Bn | 74.44 Bn | 3.07 Bn | 1.57 Bn |
| 5 | Energy Transfer | 69.45 Bn | 62.63 Bn | 7.40 Bn | 13.77 Bn |
| 6 | Tc Energy | 64.24 Bn | 60.32 Bn | 2.81 Bn | 4.69 Bn |
| 7 | Targa Resources | 62.85 Bn | 62.33 Bn | 2.14 Bn | 2.11 Bn |
| 8 | Cheniere Energy | 59.18 Bn | 54.01 Bn | 5.29 Bn | 293.00 Mn |
| 9 | Mplx | 59.17 Bn | 52.74 Bn | 2.91 Bn | 155.00 Mn |
| 10 | Oneok | 58.67 Bn | 57.06 Bn | 2.81 Bn | 5.03 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.24 Bn |
| Mar 31, 2026 | 8.11 Bn |
| Dec 31, 2025 | 7.84 Bn |
| Sep 30, 2025 | 5.60 Bn |
| Jun 30, 2025 | 4.89 Bn |
| Mar 31, 2025 | 5.22 Bn |
| Dec 31, 2024 | 6.74 Bn |
| Sep 30, 2024 | 5.15 Bn |
| Jun 30, 2024 | 3.48 Bn |
| Mar 31, 2024 | 3.07 Bn |
| Dec 31, 2023 | 3.56 Bn |
| Sep 30, 2023 | 4.42 Bn |
| Jun 30, 2023 | 3.40 Bn |
| Mar 31, 2023 | 4.09 Bn |
| Dec 31, 2022 | 6.03 Bn |
| Sep 30, 2022 | 7.86 Bn |
| Jun 30, 2022 | 7.63 Bn |
| Mar 31, 2022 | 8.10 Bn |
| Dec 31, 2021 | 8.85 Bn |
| Sep 30, 2021 | 7.81 Bn |
API Access
Enbridge Payables 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=payables&ticker=ENB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=ENB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();