Enbridge (ENBOF) Tax Rate (2017 - 2026)

Enbridge (ENBOF) reported Tax Rate of 24.82% for Q1 2026, up 295.0% year-over-year from 6.28% in Q1 2025, and up 187.08% quarter-over-quarter from 28.5% in Q4 2025.

Enbridge (ENBOF) Tax Rate (2017 - 2026) Analysis & Trends

Enbridge (ENBOF) has 10 years of Tax Rate data on file, last reported at 24.82% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.82%, up 295.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.81% (down 1339.0% YoY), and the FY2025 annual result was 10.0%, down 1286.0% from the prior year.
  • Tax Rate improved to 24.82% in Q1 2026 per ENBOF's latest filing, from 28.5% 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 12.07% and a median of 21.46% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 12107 bps in 2022, then surged 13175 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 102.0% in 2022, then soared by 129 bps to 29.75% in 2023, then declined by 9 bps to 27.21% in 2024, then plunged by 205 bps to 28.5% in 2025, then soared by 187 bps to 24.82% in 2026.
  • Business Quant data shows ENBOF's Tax Rate at 24.82% in Q1 2026, 28.5% in Q4 2025, and 27.17% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 24.82%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.45%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 22.28%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 6.40%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.11%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 20.27%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 24.00%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 10.04%
10 Enbridge - - 6.70 Bn 24.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.82%
Mar 31, 2026 24.82%
Dec 31, 2025 -28.50%
Dec 31, 2025 -28.50%
Sep 30, 2025 27.17%
Sep 30, 2025 27.17%
Jun 30, 2025 22.30%
Jun 30, 2025 22.30%
Mar 31, 2025 21.87%
Mar 31, 2025 21.87%
Dec 31, 2024 27.21%
Dec 31, 2024 27.21%
Sep 30, 2024 17.74%
Sep 30, 2024 17.74%
Jun 30, 2024 26.97%
Jun 30, 2024 26.97%
Mar 31, 2024 19.78%
Mar 31, 2024 19.78%
Dec 31, 2023 29.75%
Dec 31, 2023 29.75%