EPD · Enterprise Products Partners L.P. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.39B | - | $12.02B | $11.36B | $15.42B | - | $13.78B | $13.48B | $14.76B | - |
| Cost of Revenue | $10.68B | - | $8.59B | $7.90B | $12.01B | - | $10.39B | $10.18B | $11.40B | - |
| Gross Profit | $3.71B | - | $3.43B | $3.46B | $3.41B | - | $3.39B | $3.30B | $3.35B | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $64.00M | - | $61.00M | $68.00M | $60.00M | - | $61.00M | $57.00M | $66.00M | - |
| Total Operating Expenses | $12.57B | - | $10.43B | $9.66B | $13.75B | - | $12.09B | $11.82B | $13.04B | - |
| D&A | $553.00M | - | $527.00M | $512.00M | $506.00M | - | $495.00M | $491.00M | $485.00M | - |
| Operating Income | $1.90B | - | $1.69B | $1.79B | $1.76B | - | $1.78B | $1.76B | $1.82B | - |
| Interest Expense | $385.00M | - | $354.00M | $332.00M | $331.00M | - | $328.00M | $302.00M | $331.00M | - |
| Income Tax | $22.00M | - | ($13.00M) | $16.00M | $24.00M | - | $19.00M | $15.00M | $21.00M | - |
| Net Income | $1.48B | - | $1.34B | $1.44B | $1.39B | - | $1.42B | $1.41B | $1.46B | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $191.00M | $969.00M | $206.00M | $870.00M | $220.00M | $583.00M | $1.43B | $138.00M | $283.00M | $180.00M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $5.23B | $3.88B | $4.16B | $3.97B | $3.23B | $3.96B | $3.32B | $3.36B | $3.26B | $3.35B |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $15.68B | $13.36B | $13.24B | $14.16B | $12.76B | $15.13B | $14.38B | $13.45B | $12.09B | $12.25B |
| Total Assets | $80.56B | $77.90B | $77.82B | $77.44B | $75.41B | $77.17B | $75.06B | $73.56B | $71.37B | $70.98B |
| Current Liabilities | $17.22B | $12.83B | $15.05B | $14.76B | $14.87B | $15.18B | $13.40B | $14.81B | $13.03B | $13.13B |
| Long-term Debt | $31.20B | $32.77B | $31.11B | $31.11B | $29.13B | $30.75B | $30.76B | $28.29B | $28.29B | $27.45B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | - | - | - | - | - | - | - | - | - | - |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.47B | - | - | - | $2.31B | - | - | - | $2.11B | - |
| Investing Cash Flow | ($381.00M) | - | - | - | ($1.05B) | - | - | - | ($1.04B) | - |
| Financing Cash Flow | ($1.94B) | - | - | - | ($1.65B) | - | - | - | ($1.01B) | - |
| CapEx | $1.06B | - | - | - | $1.06B | - | - | - | $1.05B | - |
| Free Cash Flow | $407.00M | - | - | - | $1.25B | - | - | - | $1.06B | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 25.8% | - | 28.6% | 30.5% | 22.1% | - | 24.6% | 24.5% | 22.7% | - |
| Operating margin | 13.2% | - | 14.0% | 15.8% | 11.4% | - | 12.9% | 13.1% | 12.3% | - |
| EBITDA margin | 17.0% | - | 18.4% | 20.3% | 14.7% | - | 16.5% | 16.7% | 15.6% | - |
| Net margin | 10.3% | - | 11.1% | 12.6% | 9.0% | - | 10.3% | 10.4% | 9.9% | - |
| Free cash flow margin | 2.8% | - | - | - | 8.1% | - | - | - | 7.2% | - |
| FCF / Net income | 0.27 | - | - | - | 0.90 | - | - | - | 0.73 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 0.4% | - | 0.5% | 0.6% | 0.4% | - | 0.4% | 0.4% | 0.4% | - |
| Effective tax rate | 1.5% | - | -1.0% | 1.1% | 1.7% | - | 1.3% | 1.1% | 1.4% | - |
| Return on assets | 1.8% | - | 1.7% | 1.9% | 1.8% | - | 1.9% | 1.9% | 2.0% | - |
| Return on equity | - | - | - | - | - | - | - | - | - | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.91 | 1.04 | 0.88 | 0.96 | 0.86 | 1.00 | 1.07 | 0.91 | 0.93 | 0.93 |
| Quick ratio | 0.61 | 0.74 | 0.60 | 0.69 | 0.64 | 0.74 | 0.83 | 0.68 | 0.68 | 0.68 |
| Cash ratio | 0.01 | 0.08 | 0.01 | 0.06 | 0.01 | 0.04 | 0.11 | 0.01 | 0.02 | 0.01 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | 0.39 | 0.42 | 0.40 | 0.40 | 0.39 | 0.40 | 0.41 | 0.38 | 0.40 | 0.39 |
| Debt / EBITDA | 12.75 | - | 14.06 | 13.49 | 12.85 | - | 13.52 | 12.54 | 12.26 | - |
| Interest coverage | 4.9x | - | 4.8x | 5.4x | 5.3x | - | 5.4x | 5.8x | 5.5x | - |
| Equity multiplier | - | - | - | - | - | - | - | - | - | - |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.18 | - | 0.15 | 0.15 | 0.20 | - | 0.18 | 0.18 | 0.21 | - |
| Inventory turnover | 2.04 | - | 2.06 | 1.99 | 3.71 | - | 3.13 | 3.03 | 3.50 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 179d | - | 177d | 183d | 98d | - | 117d | 120d | 104d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 5.8x | - | 5.7x | 6.0x | 4.9x | - | 4.6x | 4.7x | 4.3x | - |
| EV / EBITDA | 46.5x | - | 44.9x | 42.5x | 45.7x | - | 40.9x | 40.7x | 39.9x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -6.7% | - | -12.7% | -15.7% | 4.5% | - | 14.8% | 26.6% | 18.6% | - |
| Revenue CAGR (3y) | 5.0% | - | -8.1% | -10.9% | 5.8% | - | 8.3% | 12.6% | 17.3% | - |
| Revenue CAGR (5y) | 9.5% | - | 11.7% | 14.6% | 15.6% | - | 11.6% | 10.3% | 11.6% | - |
| Gross profit growth (YoY) | 8.7% | - | 1.3% | 5.0% | 1.7% | - | 5.5% | 11.0% | 7.8% | - |
| Operating income growth (YoY) | 7.6% | - | -5.3% | 1.7% | -3.3% | - | 5.0% | 11.8% | 5.1% | - |
| Net income growth (YoY) | 6.4% | - | -5.6% | 2.1% | -4.3% | - | 7.5% | 12.1% | 4.7% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -67.5% | - | - | - | 17.7% | - | - | - | 14.4% | - |
| FCF CAGR (5y) | -21.3% | - | - | - | 6.1% | - | - | - | 147.3% | - |
| Book value growth (YoY) | - | - | - | - | - | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$52.60B totalOnshore Crude Oil Pipelines And Services$20.76B · 39.5%
Ngl Pipelines And Services$17.32B · 32.9%
Petrochemical And Refined Products Services$10.35B · 19.7%
Onshore Natural Gas Pipelines And Services$4.17B · 7.9%
Product / service
$51.50B totalSales Of Crude Oil$19.56B · 38.0%
Sales Of NGLs And Related Products$14.41B · 28.0%
Sales Of Petrochemical And Refined Products$9.01B · 17.5%
Oil And Gas Service$2.90B · 5.6%
Sales Of Natural Gas$2.35B · 4.6%
Transportation$1.30B · 2.5%
Natural Gas Processing And Fractionation$1.26B · 2.4%
Fractionation And Isomerization$354.00M · 0.7%
Storage And Terminals$341.00M · 0.7%
Peer comparison
Same SIC group: Natural Gas Transmission
Comparing ENTERPRISE PRODUCTS PARTNERS L.P. against the 5 most active filers in the same SIC group.
Dividends
$2.19/share trailing 12 months · +3.3% YoY
| Ex-date | Per share |
|---|---|
| Apr 30, 2026 | $0.5500 |
| Jan 30, 2026 | $0.5500 |
| Oct 31, 2025 | $0.5450 |
| Jul 31, 2025 | $0.5450 |
| Apr 30, 2025 | $0.5350 |
| Jan 31, 2025 | $0.5350 |
| Oct 31, 2024 | $0.5250 |
| Jul 31, 2024 | $0.5250 |
| Apr 29, 2024 | $0.5150 |
| Jan 30, 2024 | $0.5150 |
| Oct 30, 2023 | $0.5000 |
| Jul 28, 2023 | $0.5000 |
| Apr 27, 2023 | $0.4900 |
| Jan 30, 2023 | $0.4900 |
| Oct 28, 2022 | $0.4750 |
| Jul 28, 2022 | $0.4750 |
| Apr 28, 2022 | $0.4650 |
| Jan 28, 2022 | $0.4650 |
| Oct 28, 2021 | $0.4500 |
| Jul 29, 2021 | $0.4500 |
| Apr 29, 2021 | $0.4500 |
| Jan 28, 2021 | $0.4500 |
| Oct 29, 2020 | $0.4450 |
| Jul 30, 2020 | $0.4450 |