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Enbridge ENB Liquids Pipelines — PP&E (Net)

Other segment segments

Gas Distributionand Storage
$40.28B+3.5%
Gas Transmission
$36.75B+5.2%
Renewable Power Generation
$4.88B+31.2%

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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$1.8B-24.8%
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$2.3B-23.3%
CapEx$2.4B+41.6%
Free cash flow-$97.0M-107%

Valuation

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Market cap$124.16B+27.6%
Enterprise value$124.02B-36.1%
P/E18×+3.3×
P/S1.8×+0.3×

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 / equity0×-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:PropertyPlantAndEquipmentNet.

The official record: Enbridge’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Enbridge's liquids pipelines — PP&E (net)?
Enbridge (ENB) reported liquids pipelines — PP&E (net) of $52.15B in Q1 2026.
How has Enbridge's liquids pipelines — PP&E (net) changed year-over-year?
Enbridge's liquids pipelines — PP&E (net) decreased by 2.9% year-over-year, from $53.69B to $52.15B.
What does liquids pipelines — PP&E (net) mean?
This represents the net book value of long-term physical assets, such as pipelines, pumping stations, and storage facilities, used by the liquids pipeline segment. It reflects the original cost of these assets minus accumulated depreciation and any impairment charges. This metric is a primary indicator of the scale and capital intensity of the company's midstream infrastructure network.