Discontinued — last reported Q4 '25
Equity Method Investments
Enbridge Equity Method Investments decreased by 0.2% to $21.26B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.8%, from $20.69B to $21.26B. Over 5 years (FY 2020 to FY 2025), Equity Method Investments shows an upward trend with a 9.0% CAGR.
Analysis
How to read this metric
An increase indicates expansion through partnerships, while a decrease may signal divestitures or impairment of joint ventures.
Detailed definition
This represents the company's ownership interest in affiliates or joint ventures where it exerts significant influence b...
Peer comparison
Common in the energy sector where large-scale infrastructure projects are frequently co-developed.
equity_method_investmentsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.36B | $13.49B | $13.32B | $13.36B | $13.69B | $15.35B | $15.94B | $16.32B | $15.26B | $15.27B | $16.79B | $17.44B | $18.23B | $18.3B | $20.69B | $20.98B | $20.79B | $21.31B | $21.26B |
| QoQ Change | — | +1.0% | -1.2% | +0.3% | +2.4% | +12.1% | +3.8% | +2.4% | -6.5% | +0.1% | +10.0% | +3.8% | +4.5% | +0.4% | +13.1% | +1.4% | -0.9% | +2.5% | -0.2% |
| YoY Change | — | — | — | — | +2.5% | +13.8% | +19.6% | +22.1% | +11.5% | -0.5% | +5.4% | +6.9% | +19.5% | +19.8% | +23.2% | +20.3% | +14.1% | +16.5% | +2.8% |
Business Segments
| Segment | Q4 '21 | Q3 '22 | Q4 '22 | Q4 '23 | Q4 '24 | Q1 '25 | Q2 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Liquids Pipelines | $0.2 | — | $0.1 | $43.8 | $0.9 | — | — | $0.9 |
| Gas Transmission | — | — | — | — | $0.15 | — | $0.1 | $0.74 |
| Renewable Power Generation | $0.51 | — | — | — | $0.51 | $0.24 | — | $0.51 |
| Gas Distributionand Storage | $0.5 | $0.1 | $0.5 | $0.5 | $0.5 | — | — | $0.5 |
| Gas Pipelines And Processing | $0.74 | — | — | — | $0.45 | — | — | — |
| Total | $13.32B | $15.35B | $15.94B | $16.79B | $20.69B | $20.98B | $20.79B | $21.26B |
Gas Pipelines And Processing was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Equity Method Investments at Other Companies
Frequently Asked Questions
- What is Enbridge's equity method investments?
- Enbridge (ENB) reported equity method investments of $21.26B in Q4 2025.
- How has Enbridge's equity method investments changed year-over-year?
- Enbridge's equity method investments increased by 2.8% year-over-year, from $20.69B to $21.26B.
- What is the long-term trend for Enbridge's equity method investments?
- Over 5 years (2020 to 2025), Enbridge's equity method investments has grown at a 9.0% compound annual growth rate (CAGR), from $13.82B to $21.26B.
- What does equity method investments mean?
- The value of the company's investments in other businesses where it has significant influence but not full control.