Capital Expenditures for Enbridge (ENB)
According to Enbridge's latest reported financial statements, the company's current capital expenditures (TTM) is $9.16B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
ENB
Currently viewingCapital ExpendituresSwitch metric
Latest period
$9.16B
YoY change
+29.5%
5Y CAGR
+9.8%
Peak year (2014)
$10.73B
Cumulative capital expenditures
$122.13B
CapEx history chart for Enbridge (ENB) from 1991 to 2025
CapEx history table for Enbridge (ENB) from 1991 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $8.97B | +29.5% | ||
| 2024 | $6.93B | +42.1% | ||
| 2023 | $4.88B | +1.1% | ||
| 2022 | $4.82B | -40.4% | ||
| 2021 | $8.09B | +44.0% | ||
| 2020 | $5.62B | -1.3% | ||
| 2019 | $5.69B | -22.5% | ||
| 2018 | $7.35B | -17.1% | ||
| 2017 | $8.86B | +68.7% | ||
| 2016 | $5.25B | -28.7% | ||
| 2015 | $7.37B | -31.3% | ||
| 2014 | $10.73B | +27.1% | ||
| 2013 | $8.45B | +50.0% | ||
| 2012 | $5.63B | +110.0% | ||
| 2011 | $2.68B | +11.4% | ||
| 2010 | $2.41B | -27.5% | ||
| 2009 | $3.32B | -8.7% | ||
| 2008 | $3.64B | +58.1% | ||
| 2007 | $2.30B | +94.0% | ||
| 2006 | $1.19B | +74.2% | ||
| 2005 | $680.60M | +37.1% | ||
| 2004 | $496.40M | +26.9% | ||
| 2003 | $391.30M | -46.4% | ||
| 2002 | $729.90M | +6.8% | ||
| 2001 | $683.30M | +87.6% | ||
| 2000 | $364.30M | -54.5% | ||
| 1999 | $800.35M | -45.4% | ||
| 1998 | $1.46B | +124.8% | ||
| 1997 | $651.47M | +16.2% | ||
| 1996 | $560.50M | +30.7% | ||
| 1995 | $428.69M | +13.8% | ||
| 1994 | $376.63M | +354.5% | ||
| 1993 | $82.87M | -28.6% | ||
| 1992 | $116.08M | -1.7% | ||
| 1991 | $118.10M | — |
CapEx values are taken from Enbridge's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Enbridge (ENB) capital expenditures totalled $8.97B – grew 29.5% year-over-year.
Over 2020–2025 (5 years), Enbridge capital expenditures expanded at a +9.8% compound annual rate, sustaining 3 straight years of year-over-year growth.
Enbridge capital expenditures declined from $10.73B in 2014 to $8.97B in 2025, a 16.4% drawdown.
The highest annual capital expenditures of $10.73B was reported in 2014. The lowest in the available history was $82.87M in 1993.
Enbridge (ENB) sits 3rd of 8 Energy peers we track on this metric, against a peer median of $3.96B.
Enbridge Capital Expenditures by Year
Enbridge Capital Expenditures 2025: $8.97B
Enbridge capital expenditures in 2025 was $8.97B, grew 29.5% from 2024.
Enbridge Capital Expenditures 2024: $6.93B
Enbridge capital expenditures in 2024 was $6.93B, surged 42.1% from 2023.
Enbridge Capital Expenditures 2023: $4.88B
Enbridge capital expenditures in 2023 was $4.88B, edged up 1.1% from 2022.
Enbridge Capital Expenditures 2022: $4.82B
Enbridge capital expenditures in 2022 was $4.82B, plunged 40.4% below 2021.
Enbridge Capital Expenditures 2021: $8.09B
Enbridge capital expenditures in 2021 was $8.09B.
See more financial history for Enbridge (ENB).
Sector peers — CapEx
Companies in the same sector as Enbridge, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $28.36B | Energy |
| Chevron Corporation (CVX) | $17.35B | Energy |
| EOG Resources, Inc. (EOG) | $6.12B | Energy |
| The Williams Companies, Inc. (WMB) | $4.89B | Energy |
| Kinder Morgan, Inc. (KMI) | $3.03B | Energy |
| ConocoPhillips (COP) | $3.02B | Energy |
| SLB N.V. (SLB) | $1.69B | Energy |
| Valero Energy Corporation (VLO) | $796.00M | Energy |
Frequently asked questions
What is Enbridge's capital expenditures?
- Latest reported capital expenditures for Enbridge (ENB) is $9.16B (period ending December 31, 2025).
How has Enbridge capital expenditures changed year-over-year?
- Enbridge (ENB) capital expenditures changed +29.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Enbridge capital expenditures?
- Enbridge (ENB) capital expenditures compound annual growth rate is +9.8% over the most recent 5 years available.
When did Enbridge capital expenditures hit its highest annual value?
- Enbridge capital expenditures reached its highest annual value of $10.73B in 2014.
What was Enbridge capital expenditures in 2024?
- Enbridge (ENB) capital expenditures in 2024 was $6.93B.
What was Enbridge capital expenditures in 2025?
- Enbridge (ENB) capital expenditures in 2025 was $8.97B.
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