EPD

Enterprise Products Partners LP
D

EPD

Arincen63/100B

If you had invested in Enterprise Products Partners LP ago, it would be worth $3,006 today, against $4,096 in SPY and $6,368 in QQQ.

ArincenArincen ScoreBeta

63/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength2

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Enterprise Products Partners LP key facts

Style
Dividend stock · 10.0/10Growth 5.4 · Value 7.3 · Dividend 10.0
Day range
37.730 – 37.890
52-week range
31.350 – 40.170
Market capitalization
81.52B USD
P/E
12.56
PEG ratio
1.90
EPS
3.01
Div Yield
5.93%
EPS growth forecast (FY2026)
+14.4%
Volume
10,652
Beta
0.47
ESG score
68.3/100Environment 72 · Social 67 · Governance 65
Sector
Energy
Industry
Oil & Gas Midstream
CEO
W. Randall Fowler
Employees
8K
IPO date
28 Jul 1998

Enterprise Products Partners LP earnings

Next earnings · Q4 FY2026
EPS estimate
0.76 USD
Revenue estimate
15.62B USD
Last quarter · Q3 FY2026
EPS0.75Beat +0.5%Revenue17.95BBeat +19.9%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q4 FY20260.76——+1.33%15.62B——+13.28%
Q3 FY20260.750.75+0.54%+22.95%14.98B17.95B+19.85%+49.28%
Q2 FY20260.750.84+12.30%+27.27%13.69B18.27B+33.47%+60.78%
Q1 FY20260.710.68-4.76%+6.25%13.62B14.39B+5.66%-6.69%
Q4 FY20250.690.75+8.70%+1.35%12.36B13.79B+11.55%-2.87%
Q3 FY20250.650.61-6.30%-6.15%11.83B12.02B+1.62%-12.72%
Q2 FY20250.650.66+2.33%+3.13%14.18B11.36B-19.84%-15.15%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Enterprise Products Partners LP analyst forecast

12-month price target
41.60 USD
+10.05%

Analysts' 1-year price targets range from 38.00 to 45.00, with an average of 41.60.

Past year
1-year forecast
Strong sellStrong buy
Hold
13 ratings
Buy
6
Hold
5
Sell
2

12-month price target

Highest target45.00
Average target41.60
Lowest target38.00
Current price37.80

Enterprise Products Partners LP valuation

Price to earnings ratio (TTM)
12.56
Forward P/E (FY2026)
12.42
Price to sales (TTM)
1.27
Price to book
2.68
EV / EBITDA (TTM)
10.74

Capital structure

Market capitalization
81.52B USD
+
Total debt
34.43B USD
−
Cash and short-term investments
232.00M USD
=
Enterprise value
115.72B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)11.04————
FY2027 (est.)11.8611.04———
FY2026 (est.)12.4211.86———
Now (TTM)12.5611.931.272.6810.74
FY202512.0510.531.332.3610.71
FY202411.6612.011.212.3710.40
FY202310.429.871.152.069.51
FY20229.658.930.901.979.10
FY202110.418.931.171.899.40

Enterprise Products Partners LP against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: The Williams Companies, Kinder Morgan, Targa Resources, MPLX Lp, Cheniere Energy, and ONEOK, the US Oil & Gas Midstream companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median12.6
    9.914.8
  • Gross marginAbove its median13.6%
    11.6%14.6%
    Against its peers: 7 of 7Peers' median 35.9%
  • Operating marginAt its median13.1%
    11.9%15.0%
    Against its peers: 7 of 7Peers' median 27.7%
  • Net marginAt its median11.1%
    9.4%11.4%
    Against its peers: 5 of 7Peers' median 20.0%
  • Return on equityBelow its median19.6%
    18.3%20.6%
    Against its peers: 5 of 7Peers' median 27.4%
  • Free cash flow marginLowest in 5 years5.6%
    5.6%15.4%
    Against its peers: 6 of 7Peers' median 10.5%
  • Revenue growthBelow its median-6.4%
    -14.6%50.0%
    Against its peers: 7 of 7Peers' median 13.1%
  • EPS growthLowest in 5 years-1.1%
    -1.1%22.8%
    Against its peers: 7 of 7Peers' median 17.3%
  • Debt to EBITDAAbove its median3.60×
    3.21×3.74×
    Against its peers: 3 of 7Peers' median 3.79×
  • Current ratioAbove its median1.04
    0.861.14
    Against its peers: 2 of 7Peers' median 0.69

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Enterprise Products Partners LP growth and profitability

Revenue (TTM)
64.40B USD
Net income (TTM)
6.59B USD
Gross margin
12.50%
Operating margin
12.11%
Net margin
10.24%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202552.60B-6.44%5.81B-1.47%13.61%13.13%11.05%9.70B+1.13%
FY202456.22B+13.08%5.90B+6.67%12.85%13.05%10.50%9.59B+5.97%
FY202349.72B-14.56%5.53B+0.77%13.51%13.94%11.13%9.05B+1.48%
FY202258.19B+42.59%5.49B+18.37%11.56%11.87%9.44%8.92B+11.69%
FY202140.81B+50.03%4.64B+22.83%14.57%14.96%11.37%7.98B+11.48%

Enterprise Products Partners LP revenue breakdown

By product

FY2025
NGL Pipelines and Services: 45.8%Onshore Crude Oil Pipelines and Services: 34.3%Petrochemical and Refined Products Services: 17.1%Onshore Natural Gas Pipelines and Services: 2.8%45.8%NGL Pipelines and Services34.3%Onshore Crude Oil Pipelines and Services17.1%Petrochemical and Refined Products Services2.8%Onshore Natural Gas Pipelines and Services
SegmentRevenueShare of revenueChange on the year
NGL Pipelines and Services84.38B45.8%+22.1%
Onshore Crude Oil Pipelines and Services63.14B34.3%-16.9%
Petrochemical and Refined Products Services31.50B17.1%-14.2%
Onshore Natural Gas Pipelines and Services5.13B2.8%+39.7%

How Enterprise Products Partners LP makes its money

Revenue52.60B 100.0%
Cost of revenue45.44B 86.4%
Gross profit7.16B 13.6%
Selling and administration251.00M 0.5%
Operating income6.91B 13.1%
Tax23.00M 0.0%
Other expense1.07B 2.0%
Net income5.81B 11.1%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Enterprise Products Partners LP dividends

Annual dividend
2.24 USD
Dividend yield (indicated)
5.93%
Payout ratio
73.75%
Years of dividend growth
27
Frequency
Quarterly
Last payment
0.56 USD
Last ex-dividend date
30 Oct 2026
Last payment date
13 Nov 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share2.162.081.981.881.801.781.761.721.671.59

Enterprise Products Partners LP financial health

Cash and short-term investments
232.00M USD
Total debt
34.43B USD
Net cash
-34.20B USD
Free cash flow (TTM)
4.81B USD
Current ratio
0.93
Debt to equity
1.13
Piotroski score
8 / 9
Altman Z-score
2.00

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY20251.68B34.93B2.97B
FY2024583.00M32.26B3.57B
FY2023180.00M29.07B4.30B
FY202276.00M28.64B6.08B
FY20212.82B29.87B6.29B

Enterprise Products Partners LP ownership

Institutions
24.83%
Institutional holders
1,621 (-21)
Free float
67.01%

Who owns the shares

Institutions 24.8% Others 75.2%
As of 30 Jun 2026

Shares free to trade

Free float 1.45B shares ·67.0% Closely held 711.55M shares ·33.0%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q1 2026003.40M2.14M
Q4 202510115.00K55.27K
Q3 20252031.00K0.00
Q1 2025003.63M2.60M

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY20252.19B2.19B-0.18%
FY20242.17B2.19B-0.09%
FY20232.17B2.19B-0.23%
FY20222.18B2.20B-0.18%
FY20212.18B2.20B+0.05%

Source: Financial Modeling PrepVerified against SEC filings

Related Instruments

Title: Enterprise Products Partners LP

Sector: Energy
Industry: Oil & Gas Midstream
Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products, and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the continental US. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.

Common questions about Enterprise Products Partners LP stock