Discontinued — last reported Q4 '25

Business Segments · Goodwill

Gas Transmission — Goodwill

Enbridge Gas Transmission — Goodwill decreased by 4.1% to $17.53B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 4.1%, from $18.28B to $17.53B.

Analysis

StatementSegment
CategoryMarket Position
SignalContext dependent
VolatilityModerate
First reportedQ4 2018
Last reportedQ4 2025
Rolls up toGoodwill

How to read this metric

A decrease often signals impairment charges, while an increase indicates recent acquisition activity.

Detailed definition

The excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within...

Peer comparison

Standard accounting metric for any company that has grown through M&A activity.

Metric ID: enb_segment_gas_transmission_goodwill

Historical Data

5 periods
 Q4 '22Q4 '23Q1 '24Q4 '24Q4 '25
Value18.1B17.7B1B18.3B17.5B
QoQ Change-2.1%-94.4%>999%-4.1%
YoY Change-2.1%+3.1%-4.1%
Range1B18.3B
CAGR-3.2%
Avg YoY Growth-1.0%
Median YoY Growth-2.1%

Frequently Asked Questions

What is Enbridge's gas transmission — goodwill?
Enbridge (ENB) reported gas transmission — goodwill of $17.53B in Q4 2025.
How has Enbridge's gas transmission — goodwill changed year-over-year?
Enbridge's gas transmission — goodwill decreased by 4.1% year-over-year, from $18.28B to $17.53B.
What does gas transmission — goodwill mean?
The intangible value recorded when the segment acquires other businesses for more than their net asset value.