Enterprise Products Partners EPD
- Market cap
- $80.1B
- PE
- 12.9×
- 10y median 12.4×
- Forward PE
- 12.2×
- 10y median 11.4×
- Price to sales
- 1.4×
- EV/EBIT
- 14.2×
- Revenue, 12 months
- $58.5B
- +7% on a year ago
- Net margin
- 10.8%
- Free cash flow yield
- 4.3%
Enterprise Products Partners trades at 12.9× trailing earnings, near its ten-year median. Revenue was $58.5B over the last twelve months, up 7% on a year earlier with a 11% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $12B−22% | $14.6B+7% | $14.8B+19% | $13.5B+27% | $13.8B+15% | $14.2B−3% | $15.4B+5% | $11.4B−16% | $12B−13% | $13.8B−3% | $14.4B−7% | $18.3B+61% | |
| SG&A | $59M+7% | $59M−5% | $66M+16% | $57M+2% | $61M+3% | $60M+2% | $60M−9% | $68M+19% | $61M+0% | $62M+3% | $64M+7% | $64M−6% |
| $1.7B−1% | $1.9B+9% | $1.8B+5% | $1.8B+12% | $1.8B+5% | $2B+3% | $1.8B−3% | $1.8B+2% | $1.7B−5% | $2B+3% | $1.9B+8% | $2.2B+25% | |
| Interest expense | $328M+6% | $325M+6% | $331M+5% | $332M+10% | $343M+5% | $346M+7% | $340M+3% | $332M+0% | $354M+3% | $375M+8% | $385M+13% | $384M+16% |
| Pre-tax income | $1.4B−3% | $1.6B+8% | $1.5B+5% | $1.4B+11% | $1.5B+6% | $1.6B+3% | $1.4B−5% | $1.5B+2% | $1.3B−7% | $1.7B+1% | $1.5B+6% | $1.9B+27% |
| $22M+22% | −$1M | $21M+110% | $15M+15% | $19M−14% | $10M | $24M+14% | $16M+7% | −$13M | −$4M | $22M−8% | $12M−25% | |
| Net income | $1.3B−3% | $1.6B+10% | $1.5B+5% | $1.4B+12% | $1.4B+8% | $1.6B+3% | $1.4B−4% | $1.4B+2% | $1.3B−6% | $1.6B+2% | $1.5B+6% | $1.8B+28% |
| $0.60−3% | $0.71+11% | $0.66+5% | $0.64+12% | $0.65+8% | $0.73+3% | $0.64−3% | $0.66+3% | $0.61−6% | $0.75+3% | $0.68+6% | $0.84+27% | |
| 2.2B−0% | 2.2B−0% | 2.2B−0% | 2.2B−0% | 2.2B−0% | 2.2B−0% | 2.2B−0% | 2.2B−0% | 2.2B−0% | n/a | 2.2B−0% | 2.2B−0% |
EPS, diluted: 4 periods, Q4 FY20 to Q4 FY24: quarter's net income to common over its shares, to the cent. Q4 FY21 and Q4 FY25: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'.
Diluted shares: Q1 FY10: not printed by the filing, worked out from its own lines. Q4 FY10: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution. 9 periods, Q4 FY11 to Q4 FY24: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $15B | $12.5B to $16.2B | $0.75 | $0.69 to $1.06 | 6 |
| Q4 FY26 | $15.7B | $13.1B to $17B | $0.78 | $0.61 to $1.10 | 6 |
| Q1 FY27 | $16.8B | $13.1B to $19.2B | $0.82 | $0.58 to $0.97 | 2 |
| Q2 FY27 | $17B | $13.3B to $19.5B | $0.81 | $0.58 to $0.97 | 2 |
| Q3 FY27 | $15.4B | $12B to $17.7B | $0.87 | $0.62 to $1.03 | 2 |
| Q4 FY27 | $16.9B | $13.2B to $19.4B | $0.91 | $0.65 to $1.09 | 2 |
| Q1 FY28 | $16.7B | $13.1B to $19.2B | $1.04 | $0.75 to $1.24 | 5 |
| Q2 FY28 | $16.8B | $13.1B to $19.3B | $0.99 | $0.71 to $1.18 | 5 |
Peers
Companies in Oil & Gas Midstream nearest Enterprise Products Partners' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| EPDEnterprise Products Partners | $80.1B | 12.9× | 12.4× | 12.2× | 1.4× | +7% | 10.8% |
| KMIKinder Morgan | $76.7B | 22.1× | 22.8× | 23.3× | 4.3× | +12% | 19.3% |
| WMBWilliams Companies | $87.7B | 28.6× | 28.4× | 29.5× | 7.2× | +9% | 25.2% |
| ETEnergy Transfer | $69B | n/m | n/a | 12.3× | 0.6× | +33% | 4.9% |
| TRGPTarga Resources | $64.8B | 28.9× | 30.8× | 26.6× | 3.9× | −2% | 13.5% |
| LNGCheniere Energy | $61.7B | 22.2× | 14.7× | 16.6× | 2.9× | +18% | 13.6% |
| OKEONEOK | $60.4B | 16.5× | 19.7× | 16.1× | 1.5× | +41% | 9.3% |
| MPLXMPLX Lp | $59.9B | 12.7× | 12.1× | 12.9× | n/m | n/m | n/m |
| VGVenture Global | $35B | 11.0× | 13.5× | 8.2× | 2.1× | +101% | 22.3% |
| CQPCheniere Energy Partners | $32B | 11.4× | 14.0× | 14.7× | 2.8× | +15% | 27.3% |
| WESWestern Midstream Partners | $18.6B | 14.2× | 10.5× | n/m | 4.3× | +18% | 29.6% |
| Peer median | $61B | 16.5× | 14.7× | 16.1× | 2.9× | +18% | 19.3% |
Investors who own it
Investors we follow who held Enterprise Products Partners at the end of Jun 30, 2026, from their 13F filings.
- Tom GaynerMarkel Group0.2% of portfolioadded
More on Enterprise Products Partners
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #3of 28Energy stocks with the highest dividend yields
- #2of 10Oil and gas pipeline stocks with the lowest forward PE
- #5of 21Oil and gas pipeline stocks with the lowest PE ratio
- #7of 28Energy stocks with the fastest expected revenue growth
- #3of 10Oil and gas pipeline stocks with the highest dividend yields
- #9of 26Oil and gas pipeline stocks with the lowest EV/EBIT
- #9of 26Oil and gas pipeline stocks with the lowest price to sales ratio
Its groups
About
- Industry
- Oil & Gas Midstream
- Sector
- Energy
Valuation data, not investment advice. Prices as of .