Enbridge (ENB) Tax Provisions (2011 - 2026)

Enbridge (ENB) posted quarterly Tax Provisions of $428.0 million for Q1 2026, down 11.88% year-on-year from $485.8 million in Q1 2025, and up 83.67% on a QoQ basis from $233.1 million in Q4 2025.

Enbridge (ENB) Tax Provisions (2011 - 2026) Analysis & Trends

Enbridge (ENB) has reported Tax Provisions for 16 consecutive years, with $428.0 million the latest figure, recorded in Q1 2026.

  • Quarterly Tax Provisions fell 11.88% year-over-year to $428.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.4 billion (down 3.43% YoY) and the FY2025 annual result came in at $1.4 billion, up 17.73% from the prior year.
  • Tax Provisions rose to $428.0 million in Q1 2026 per ENB's latest filing, from $233.1 million in the prior quarter.
  • Over the last five years, Tax Provisions for ENB reached as high as $540.3 million in Q2 2024 and fell as low as $95.5 million in Q3 2023.
  • A 5-year average of $332.6 million and a median of $377.2 million in 2023 frame the typical range for Tax Provisions.
  • Annual changes were most pronounced in 2023 — Tax Provisions soared 270.38% — and 2024, when it tumbled 66.1%.
  • Year by year, Tax Provisions stood at $412.6 million in 2022, then rose by 18.22% to $487.7 million in 2023, then slumped by 66.1% to $165.4 million in 2024, then soared by 40.94% to $233.1 million in 2025, then jumped by 83.67% to $428.0 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $428.0 million, $233.1 million, and $229.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -126,000.00
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -23,000.00
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 272.00 Mn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 428.04 Mn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 22.00 Mn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 102.54 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 135.00 Mn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 123.90 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 245.00 Mn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 1.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 428.04 Mn
Dec 31, 2025 233.05 Mn
Sep 30, 2025 229.62 Mn
Jun 30, 2025 480.66 Mn
Mar 31, 2025 485.75 Mn
Dec 31, 2024 165.36 Mn
Sep 30, 2024 228.71 Mn
Jun 30, 2024 540.31 Mn
Mar 31, 2024 286.46 Mn
Dec 31, 2023 487.73 Mn
Sep 30, 2023 95.48 Mn
Jun 30, 2023 386.37 Mn
Mar 31, 2023 377.25 Mn
Dec 31, 2022 412.55 Mn
Sep 30, 2022 243.83 Mn
Jun 30, 2022 104.32 Mn
Mar 31, 2022 468.16 Mn
Dec 31, 2021 367.31 Mn
Sep 30, 2021 158.09 Mn
Jun 30, 2021 219.65 Mn