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+18.6% | $10.66B+41.3% | $10.23B+62.4% | $10B+73.0% | $9.37B+72.0% | |
| Gas Transmission | $6.72B+5.9% | $6.65B+7.3% | $6.57B+8.0% | $6.45B+7.3% | $6.34B+6.9% | |
| Liquids Pipelines | $49.22B+13.2% | $45.94B+20.3% | $45.57B+32.1% | $46.16B+53.5% | $43.49B+47.6% | |
| Renewable Power Generation | $615M+22.3% | $561M+9.1% | $539M+5.1% | $542M+18.1% | $503M0.0% | |
| Nonoperating Income Expense by Business | ||||||
| Gas Distributionand Storage | $223M+64.0% | $220M+112% | $205M— | $179M— | $136M— | |
| Gas Transmission | $372M+68.3% | $306M+56.1% | $348M— | $327M— | $221M— | |
| Liquids Pipelines | $60M-29.4% | $79M+2.6% | $83M— | $90M— | $85M— | |
| Renewable Power Generation | $65M-26.1% | $98M+66.1% | $82M— | $68M— | $88M— | |
| Revenue Not From Contract With Customer by Business | ||||||
| Gas Distributionand Storage | $21M-22.2% | $21M+90.9% | $20M+233% | $24M+300% | $27M+440% | |
| Gas Transmission | $19M-13.6% | $21M+5.0% | $19M+11.8% | $21M+75.0% | $22M+214% | |
| Liquids Pipelines | $0— | $0— | $0+100% | $0+100% | $0+100% | |
| Renewable Power Generation | $9M+50.0% | $7M+16.7% | $7M+16.7% | $6M-25.0% | $6M+50.0% | |
| Cost Of Revenue by Business | ||||||
| Gas Distributionand Storage | $4.05B+29.4% | $3.71B+48.3% | $3.45B+55.8% | $3.37B+53.0% | $3.13B+38.4% | |
| Gas Transmission | $76M-19.1% | $68M-47.7% | $52M-60.9% | $69M-33.0% | $94M+51.6% | |
| Liquids Pipelines | $36.81B+20.7% | $33.04B+30.7% | $32.74B+52.2% | $33.33B+93.5% | $30.5B+83.6% | |
| Renewable Power Generation | $1M+110% | -$2M+50.0% | -$5M— | -$9M-160% | -$10M-153% | |
| Income Loss From Continuing Operations Before Interest Income Taxes Extraordinary Items Noncontrolling Interest by Business | ||||||
| Gas Distributionand Storage | 391,800,000,000%+21,400,000,000pp | 380,900,000,000%+94,000,000,000pp | 368,500,000,000%+159,300,000,000pp | 364,700,000,000%+180,600,000,000pp | 370,400,000,000%+206,300,000,000pp | |
| Gas Transmission | 558,800,000,000%-27,600,000,000pp | 549,100,000,000%-16,500,000,000pp | 533,500,000,000%-21,500,000,000pp | 521,100,000,000%-16,600,000,000pp | 586,400,000,000%+154,000,000,000pp | |
| Liquids Pipelines | 876,000,000,000%-96,000,000,000pp | 939,600,000,000%-13,500,000,000pp | 955,900,000,000%-5,900,000,000pp | 960,100,000,000%+14,400,000,000pp | 972,000,000,000%+28,600,000,000pp | |
| Renewable Power Generation | 58,500,000,000%-11,400,000,000pp | 62,000,000,000%-11,300,000,000pp | 65,700,000,000%— | 67,000,000,000%— | 69,900,000,000%— | |
| PP&E (Net) by Business | ||||||
| Gas Distributionand Storage | $157.38B— | $156.01B— | $155.01B— | —— | —— | |
| Gas Transmission | $141.23B— | $139.42B— | $138.68B— | —— | —— | |
| Liquids Pipelines | $207.94B— | $209.49B— | $211.66B— | —— | —— | |
| Renewable Power Generation | $17.18B— | $16.02B— | $15.19B— | —— | —— | |
| General And Administrative Expense by Business | ||||||
| Gas Distributionand Storage | $3.03B+13.6% | $3.03B+33.1% | $2.97B+62.1% | $2.83B+81.6% | $2.67B+97.0% | |
| Gas Transmission | $2.28B-0.3% | $2.25B-3.0% | $2.23B-5.7% | $2.2B-8.8% | $2.29B-4.5% | |
| Liquids Pipelines | $4.42B-2.1% | $4.44B-1.2% | $4.45B-4.3% | $4.45B-4.1% | $4.52B-2.5% | |
| Renewable Power Generation | $340M+8.6% | $332M+9.2% | $327M+10.1% | $314M+9.8% | $313M+13.0% | |
| Segment Expenditure Addition To Long Lived Assets by Business | ||||||
| Gas Distributionand Storage | $3.4B+23.9% | $3.35B+40.4% | $3.28B+78.7% | $3.05B+93.0% | $2.74B+84.0% | |
| Gas Transmission | $3.61B+34.7% | $3.27B+27.2% | $3.03B+27.2% | $2.71B+21.0% | $2.68B+40.2% | |
| Liquids Pipelines | $1.46B+24.0% | $1.36B+17.4% | $1.29B+18.5% | $1.25B+9.9% | $1.18B+0.9% | |
| Renewable Power Generation | $1.23B+66.4% | $947M+43.3% | $984M+324% | $903M+506% | $737M+494% | |
| Income Loss From Equity Method Investments by Business | ||||||
| Gas Distributionand Storage | $3M-25.0% | $4M+33.3% | $4M+100% | $3M+50.0% | $4M+100% | |
| Gas Transmission | $853M+9.5% | $853M+5.0% | $866M+12.8% | $856M+25.9% | $779M+9.0% | |
| Liquids Pipelines | $948M-18.7% | $1.09B+3.8% | $1.1B+2.2% | $1.13B+8.1% | $1.17B+15.2% | |
| Renewable Power Generation | $246M-39.4% | $291M-36.0% | $381M+18.3% | $388M+27.6% | $406M+42.0% | |
| Revenue by Product | ||||||
| Commodity Sales | $188M+32.4% | $167M+5.7% | $149M+24.9% | $132M+52.6% | $142M+169% | |
| Electricity Revenue | $267M+53.4% | $232M+22.8% | $218M+23.9% | $182M-16.9% | $174M-30.4% | |
| Gas Distribution Revenue | $10.21B+19.5% | $9.77B+43.6% | $9.31B+52.8% | $9.1B+64.6% | $8.54B+67.0% | |
| Gas Distribution Sales | $10.05B+18.6% | $9.59B+42.2% | $9.23B+65.3% | $9.02B+54.5% | $8.48B+41.4% | |
| Storageand Other Revenue | $1.54B+8.7% | $1.54B+16.4% | $1.51B+21.0% | $1.48B+25.8% | $1.42B+27.8% | |
| Transportation Revenue | $17.44B-1.4% | $17.77B+1.7% | $17.8B+4.9% | $17.67B+3.7% | $17.68B+2.9% | |
| Revenue Not From Contract With Customer by Product | ||||||
| Commodity Sales | $38.64B+19.7% | $35.01B+30.4% | $34.52B+49.1% | $35.12B+86.2% | $32.28B+76.5% | |
| Other Revenue | $925M+20.1% | $883M+21.8% | $819M-2.3% | $871M+32.2% | $770M+16.0% | |
| Derivative Assets Liabilities At Fair Value Net by Product | ||||||
| Crude Oil | -$13M-116% | $90M+32.4% | $61M+56.4% | $66M+467% | $81M+331% | |
| Natural Gas Reserves | $578M+64.2% | $588M+149% | $567M+575% | $408M+1,532% | $352M+8,900% | |
| Power | -$42M+85.6% | -$42M+87.8% | -$131M+60.7% | -$199M+40.6% | -$291M+11.0% | |
| Derivative Nonmonetary Notional Amount Outstanding by Product | ||||||
| Crude Oil | $14M-88.4% | $28M-78.1% | $42M-61.5% | $59M-21.3% | $121M+404% | |
| Natural Gas Reserves | $950M+4.6% | $951M+22.9% | $1B+75.3% | $969M+113% | $908M+141% | |
| Derivative Asset Liability Net Measurement Input by Product | ||||||
| Crude Oil | $487.89— | $457.74— | $463.29— | $459.96— | —— | |
| Natural Gas Reserves | $77.93— | $72.48— | $68.06— | $58.6— | —— | |
| Power | $724.35— | $756.87— | $789.39— | $772.43— | —— | |
| Derivative Nonmonetary Notional Amount Outstanding Maturing In Year Two by Product | ||||||
| Crude Oil | $21M-73.1% | $31M-57.5% | $33M-43.1% | $44M+33.3% | $78M+1,214% | |
| Natural Gas Reserves | $356M+8.5% | $362M+34.6% | $375M+68.9% | $358M+116% | $328M+128% | |
| Derivative Nonmonetary Notional Amount Outstanding Maturing In Year Three by Product | ||||||
| Crude Oil | $17M-54.1% | $13M-67.5% | $13M-66.7% | $19M-5.0% | $37M— | |
| Natural Gas Reserves | $180M-2.7% | $190M+18.0% | $198M+44.5% | $195M+87.5% | $185M+123% | |
| Derivative Nonmonetary Notional Amount Outstanding Maturing In Year Four by Product | ||||||
| Crude Oil | $4M0.0% | $4M+33.3% | $4M+100% | $4M+300% | $4M— | |
| Natural Gas Reserves | $71M-7.8% | $72M-4.0% | $71M-4.1% | $75M+36.4% | $77M+108% | |
| Derivative Nonmonetary Notional Amount Outstanding Maturing In Year Five by Product | ||||||
| Crude Oil | $4M0.0% | $4M+33.3% | $4M+100% | $4M+300% | $4M— | |
| Natural Gas Reserves | $38M+58.3% | $36M+80.0% | $35M+133% | $32M+146% | $24M+140% |
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.
