Business Segments · PP&E (Net)
Liquids Pipelines — PP&E (Net)
Enbridge Liquids Pipelines — PP&E (Net) decreased by 1.1% to $51.69B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 4.0%, from $53.86B to $51.69B.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ4 2025
Rolls up toPP&E (Net)
How to read this metric
An increase suggests ongoing capital investment in infrastructure expansion or maintenance, while a decrease may indicate asset depreciation or divestiture.
Detailed definition
This represents the net book value of long-term physical assets, such as pipelines, pumping stations, and storage facili...
Peer comparison
Standard across midstream energy companies; peers typically report this as Net PP&E for specific operating segments.
Metric ID:
enb_segment_liquids_pipelines_property_plant_and_equipment_netHistorical Data
8 periods
| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|
| Value | $52.53B | $53.57B | $51.85B | $53.86B | $53.69B | $51.84B | $52.27B | $51.69B |
| QoQ Change | — | +2.0% | -3.2% | +3.9% | -0.3% | -3.5% | +0.8% | -1.1% |
| YoY Change | — | +2.0% | -3.2% | +3.9% | — | — | — | -4.0% |
Range$51.69B – $53.86B
CAGR-0.9%
Avg YoY Growth-0.3%
Median YoY Growth-0.6%
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Frequently Asked Questions
- What is Enbridge's liquids pipelines — pp&e (net)?
- Enbridge (ENB) reported liquids pipelines — pp&e (net) of $51.69B in Q4 2025.
- How has Enbridge's liquids pipelines — pp&e (net) changed year-over-year?
- Enbridge's liquids pipelines — pp&e (net) decreased by 4.0% year-over-year, from $53.86B to $51.69B.
- What does liquids pipelines — pp&e (net) mean?
- The current accounting value of the physical infrastructure used to transport liquids after accounting for wear and tear.