Enbridge ENB Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Gas Distributionand Storage | $11.11B+4.2% | $10.66B+4.1% | $10.23B+2.3% | $10B+6.7% | $9.37B+24.2% | |
| Gas Transmission | $6.72B+1.0% | $6.65B+1.3% | $6.57B+1.7% | $6.45B+1.8% | $6.34B+2.3% | |
| Liquids Pipelines | $49.22B+7.1% | $45.94B+0.8% | $45.57B-1.3% | $46.16B+6.2% | $43.49B+13.9% | |
| Renewable Power Generation | $615M+9.6% | $561M+4.1% | $539M-0.6% | $542M+7.8% | $503M-2.1% | |
| Nonoperating Income Expense by Business | ||||||
| Gas Distributionand Storage | $223M+1.4% | $220M+7.3% | $205M+14.5% | $179M+31.6% | $136M+30.8% | |
| Gas Transmission | $372M+21.6% | $306M-12.1% | $348M+6.4% | $327M+48.0% | $221M+12.8% | |
| Liquids Pipelines | $60M-24.1% | $79M-4.8% | $83M-7.8% | $90M+5.9% | $85M+10.4% | |
| Renewable Power Generation | $65M-33.7% | $98M+19.5% | $82M+20.6% | $68M-22.7% | $88M+49.2% | |
| Revenue Not From Contract With Customer by Business | ||||||
| Gas Distributionand Storage | $21M0.0% | $21M+5.0% | $20M-16.7% | $24M-11.1% | $27M+145% | |
| Gas Transmission | $19M-9.5% | $21M+10.5% | $19M-9.5% | $21M-4.5% | $22M+10.0% | |
| Liquids Pipelines | $0— | $0— | $0— | $0— | $0— | |
| Renewable Power Generation | $9M+28.6% | $7M0.0% | $7M+16.7% | $6M0.0% | $6M0.0% | |
| Cost Of Revenue by Business | ||||||
| Gas Distributionand Storage | $4.05B+9.2% | $3.71B+7.4% | $3.45B+2.4% | $3.37B+7.7% | $3.13B+25.2% | |
| Gas Transmission | $76M+11.8% | $68M+30.8% | $52M-24.6% | $69M-26.6% | $94M-27.7% | |
| Liquids Pipelines | $36.81B+11.4% | $33.04B+0.9% | $32.74B-1.8% | $33.33B+9.3% | $30.5B+20.6% | |
| Renewable Power Generation | $1M+150% | -$2M+60.0% | -$5M+44.4% | -$9M+10.0% | -$10M-150% | |
| Income Loss From Continuing Operations Before Interest Income Taxes Extraordinary Items Noncontrolling Interest by Business | ||||||
| Gas Distributionand Storage | 391,800,000,000%+10,900,000,000pp | 380,900,000,000%+12,400,000,000pp | 368,500,000,000%+3,800,000,000pp | 364,700,000,000%-5,700,000,000pp | 370,400,000,000%+83,500,000,000pp | |
| Gas Transmission | 558,800,000,000%+9,700,000,000pp | 549,100,000,000%+15,600,000,000pp | 533,500,000,000%+12,400,000,000pp | 521,100,000,000%-65,300,000,000pp | 586,400,000,000%+20,800,000,000pp | |
| Liquids Pipelines | 876,000,000,000%-63,600,000,000pp | 939,600,000,000%-16,300,000,000pp | 955,900,000,000%-4,200,000,000pp | 960,100,000,000%-11,900,000,000pp | 972,000,000,000%+18,900,000,000pp | |
| Renewable Power Generation | 58,500,000,000%-3,500,000,000pp | 62,000,000,000%-3,700,000,000pp | 65,700,000,000%-1,300,000,000pp | 67,000,000,000%-2,900,000,000pp | 69,900,000,000%-3,400,000,000pp | |
| PP&E (Net) by Business | ||||||
| Gas Distributionand Storage | $157.38B+0.9% | $156.01B+0.7% | $155.01B— | —— | —— | |
| Gas Transmission | $141.23B+1.3% | $139.42B+0.5% | $138.68B— | —— | —— | |
| Liquids Pipelines | $207.94B-0.7% | $209.49B-1.0% | $211.66B— | —— | —— | |
| Renewable Power Generation | $17.18B+7.3% | $16.02B+5.4% | $15.19B— | —— | —— | |
| General And Administrative Expense by Business | ||||||
| Gas Distributionand Storage | $3.03B+0.1% | $3.03B+2.1% | $2.97B+4.9% | $2.83B+6.0% | $2.67B+17.3% | |
| Gas Transmission | $2.28B+1.2% | $2.25B+1.0% | $2.23B+1.6% | $2.2B-3.9% | $2.29B-1.6% | |
| Liquids Pipelines | $4.42B-0.5% | $4.44B-0.3% | $4.45B+0.1% | $4.45B-1.5% | $4.52B+0.5% | |
| Renewable Power Generation | $340M+2.4% | $332M+1.5% | $327M+4.1% | $314M+0.3% | $313M+3.0% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Gas Distributionand Storage | $3.4B+1.4% | $3.35B+2.0% | $3.28B+7.8% | $3.05B+11.0% | $2.74B+15.0% | |
| Gas Transmission | $3.61B+10.3% | $3.27B+8.0% | $3.03B+12.0% | $2.71B+0.9% | $2.68B+4.2% | |
| Liquids Pipelines | $1.46B+7.5% | $1.36B+5.2% | $1.29B+3.1% | $1.25B+6.4% | $1.18B+1.7% | |
| Renewable Power Generation | $1.23B+29.5% | $947M-3.8% | $984M+9.0% | $903M+22.5% | $737M+11.5% | |
| Income Loss From Equity Method Investments by Business | ||||||
| Gas Distributionand Storage | $3M-25.0% | $4M0.0% | $4M+33.3% | $3M-25.0% | $4M+33.3% | |
| Gas Transmission | $853M0.0% | $853M-1.5% | $866M+1.2% | $856M+9.9% | $779M-4.1% | |
| Liquids Pipelines | $948M-13.1% | $1.09B-0.5% | $1.1B-2.8% | $1.13B-3.3% | $1.17B+10.9% | |
| Renewable Power Generation | $246M-15.5% | $291M-23.6% | $381M-1.8% | $388M-4.4% | $406M-10.8% | |
| Revenue by Product | ||||||
| Commodity Sales | $188M+12.6% | $167M+12.1% | $149M+12.9% | $132M-7.0% | $142M-10.1% | |
| Electricity Revenue | $267M+15.1% | $232M+6.4% | $218M+19.8% | $182M+4.6% | $174M-7.9% | |
| Gas Distribution Revenue | $10.21B+4.5% | $9.77B+5.0% | $9.31B+2.3% | $9.1B+6.5% | $8.54B+25.6% | |
| Gas Distribution Sales | $10.05B+4.8% | $9.59B+4.0% | $9.23B+2.3% | $9.02B+6.4% | $8.48B+25.6% | |
| Storageand Other Revenue | $1.54B+0.4% | $1.54B+2.1% | $1.51B+1.6% | $1.48B+4.4% | $1.42B+7.5% | |
| Transportation Revenue | $17.44B-1.9% | $17.77B-0.2% | $17.8B+0.8% | $17.67B-0.1% | $17.68B+1.2% | |
| Revenue Not From Contract With Customer by Product | ||||||
| Commodity Sales | $38.64B+10.3% | $35.01B+1.4% | $34.52B-1.7% | $35.12B+8.8% | $32.28B+20.2% | |
| Other Revenue | $925M+4.8% | $883M+7.8% | $819M-6.0% | $871M+13.1% | $770M+6.2% | |
| Derivative Assets Liabilities At Fair Value Net by Product | ||||||
| Crude Oil | -$13M-114% | $90M+47.5% | $61M-7.6% | $66M-18.5% | $81M+19.1% | |
| Natural Gas Reserves | $578M-1.7% | $588M+3.7% | $567M+39.0% | $408M+15.9% | $352M+49.2% | |
| Power | -$42M0.0% | -$42M+67.9% | -$131M+34.2% | -$199M+31.6% | -$291M+15.4% | |
| Derivative Nonmonetary Notional Amount Outstanding by Product | ||||||
| Crude Oil | $14M-50.0% | $28M-33.3% | $42M-28.8% | $59M-51.2% | $121M-5.5% | |
| Natural Gas Reserves | $950M-0.1% | $951M-5.2% | $1B+3.5% | $969M+6.7% | $908M+17.3% | |
| Derivative Asset Liability Net Measurement Input by Product | ||||||
| Crude Oil | $487.89+6.6% | $457.74-1.2% | $463.29+0.7% | $459.96— | —— | |
| Natural Gas Reserves | $77.93+7.5% | $72.48+6.5% | $68.06+16.1% | $58.6— | —— | |
| Power | $724.35-4.3% | $756.87-4.1% | $789.39+2.2% | $772.43— | —— | |
| Derivative Nonmonetary Notional Amount Outstanding Maturing In Year Two by Product | ||||||
| Crude Oil | $21M-32.3% | $31M-6.1% | $33M-25.0% | $44M-43.6% | $78M+6.8% | |
| Natural Gas Reserves | $356M-1.7% | $362M-3.5% | $375M+4.7% | $358M+9.1% | $328M+21.9% | |
| Derivative Nonmonetary Notional Amount Outstanding Maturing In Year Three by Product | ||||||
| Crude Oil | $17M+30.8% | $13M0.0% | $13M-31.6% | $19M-48.6% | $37M-7.5% | |
| Natural Gas Reserves | $180M-5.3% | $190M-4.0% | $198M+1.5% | $195M+5.4% | $185M+14.9% | |
| Derivative Nonmonetary Notional Amount Outstanding Maturing In Year Four by Product | ||||||
| Crude Oil | $4M0.0% | $4M0.0% | $4M0.0% | $4M0.0% | $4M+33.3% | |
| Natural Gas Reserves | $71M-1.4% | $72M+1.4% | $71M-5.3% | $75M-2.6% | $77M+2.7% | |
| Derivative Nonmonetary Notional Amount Outstanding Maturing In Year Five by Product | ||||||
| Crude Oil | $4M0.0% | $4M0.0% | $4M0.0% | $4M0.0% | $4M+33.3% | |
| Natural Gas Reserves | $38M+5.6% | $36M+2.9% | $35M+9.4% | $32M+33.3% | $24M+20.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Enbridge break its business down?
- Enbridge (ENB) reports revenue by business across 4 parts — Gas Distributionand Storage, Gas Transmission, Liquids Pipelines and Renewable Power Generation. Each is extracted from the segment footnotes and tracked over time.
- Where does Enbridge's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Enbridge's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
