Enbridge Inc (ENBOF) Tax Rate (2012 - 2026)

Enbridge (ENBOF) posted quarterly Tax Rate of 21.97% for Q2 2026, down 33.0% year-over-year from 32.79% in Q2 2025, and down 11.49% on a QoQ basis from 24.82% in Q1 2026.

Enbridge Inc (ENBOF) Tax Rate (2012 - 2026) Analysis & Trends

Enbridge has reported Tax Rate for 15 years, with the latest figure at 21.97% in Q2 2026.

  • Tax Rate for Q2 2026 came in at 21.97%, down 33.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 20.92% (down 77.0% YoY), and the FY2025 annual result was 20.46%, down 239.0% from the prior year.
  • Tax Rate declined to 21.97% in Q2 2026, from 24.82% in the prior quarter.
  • Over five years, Tax Rate peaked at 29.75% in Q4 2023 and troughed at 102.0% in Q4 2022.
  • A 5-year average of 14.94% and a median of 21.67% in 2023 frame the typical range for Tax Rate.
  • The widest annual swing landed in 2022, when Tax Rate plunged 12107 bps; it then soared 13175 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 102.0% in 2022, then jumped by 129 bps to 29.75% in 2023, then fell by 9 bps to 27.21% in 2024, then plunged by 51 bps to 13.23% in 2025, then soared by 66 bps to 21.97% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 21.97% in Q2 2026, 24.82% in Q1 2026, and 13.23% in Q4 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Jun 30, 2026 21.97%
Jun 30, 2026 21.97%
Jun 30, 2026 21.97%
Mar 31, 2026 24.82%
Mar 31, 2026 24.82%
Mar 31, 2026 24.82%
Dec 31, 2025 13.23%
Dec 31, 2025 13.23%
Dec 31, 2025 13.23%
Sep 30, 2025 27.17%
Sep 30, 2025 27.17%
Sep 30, 2025 27.17%
Jun 30, 2025 22.30%
Jun 30, 2025 22.30%
Jun 30, 2025 22.30%
Mar 31, 2025 21.87%
Mar 31, 2025 21.87%
Mar 31, 2025 21.87%
Dec 31, 2024 27.21%
Dec 31, 2024 27.21%