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Enbridge ENB Liquids Pipelines — General And Administrative Expense

Other segment segments

Gas Distributionand Storage
$774M+0.3%
Gas Transmission
$551M+5.2%
Renewable Power Generation
$86M+10.3%

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Other financials

Income statement

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Revenue$22.4B+20.8%
Operating income$3.2B-12.2%
Net income$1.4B-38.7%
EPS (diluted)$0.76-26.2%

Balance sheet

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Cash & equivalents$1.6B-21.7%
Total debt$1.5B-98.5%
Total equity$65.0B-4.8%
Total assets$228.20B+3.7%

Cash flow

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Operating cash flow$4.1B+27.0%
CapEx$2.4B+41.6%
Free cash flow-$97.0M-107%

Valuation

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Market cap$118.92B+17.0%
Enterprise value$118.78B-38.7%
P/E19.8×+4.4×

Profitability

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Operating margin15.2%-2.2pp
Net margin10%-0.3pp
FCF margin2.7%-5.9pp

Returns & leverage

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Return on equity10.4%+0.9pp
Debt / equity-1.4×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by Enbridge in its filing.

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

The source filing: Enbridge’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 7:05 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-213266
Three months ended March 31, 2026Liquids PipelinesGas TransmissionGas Distributionand Storage1Renewable Power GenerationTotal Reportable Segments
(millions of Canadian dollars)
Operating revenues215,4621,7814,40817421,825
Commodity and gas distribution costs(12,623)(19)(1,977)(14,619)
Operating and administrative(1,107)(551)(774)(86)(2,518)
Income from equity investments22523287544
Other income1275213192
Earnings before interest, income taxes and depreciation and amortization1,9571,5701,7091885,424
Eliminations and Other(404)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Enbridge's liquids pipelines — general and administrative expense?
Enbridge (ENB) reported liquids pipelines — general and administrative expense of $1.11B in Q1 2026.
How has Enbridge's liquids pipelines — general and administrative expense changed year-over-year?
Enbridge's liquids pipelines — general and administrative expense decreased by 1.9% year-over-year, from $1.13B to $1.11B.
What is the long-term trend for Enbridge's liquids pipelines — general and administrative expense?
Over 4 years (2021 to 2025), Enbridge's liquids pipelines — general and administrative expense has grown at a 6.7% compound annual growth rate (CAGR), from $3.43B to $4.44B.
What does liquids pipelines — general and administrative expense mean?
This reflects the overhead costs allocated to the liquids pipeline segment, including management salaries, corporate support functions, and administrative office expenses. It captures the indirect costs required to manage the business unit's operations. Tracking this helps evaluate the scalability of the segment's management structure.

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