ITEMS 1 AND 2. BUSINESS AND PROPERTIES We are a publicly traded Delaware limited partnership, the common units of which are listed on the New York Stock Exchange (“NYSE”) under the ticker symbol “EPD.” Our preferred units are not publicly traded. We were formed in April 1998 to own and operate certain natural gas liquids (“NGLs”) related businesses of EPCO and are a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, petrochemicals and refined products. We are owned by our limited partners (preferred and common unitholders) from an economic perspective. Enterprise GP, which owns a non-economic general partner interest in us, manages our Partnership. We conduct substantially all of our business operations through EPO and its consolidated subsidiaries.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 52.6B | 52.6B | 56.2B | 49.7B | 58.2B | 40.8B |
| Net Income | 5.8B | 5.8B | 5.9B | 5.5B | 5.5B | 4.6B |
| EPS | $2.69 | $2.69 | $2.73 | $2.55 | $2.53 | $2.13 |
| Free Cash Flow | 3.0B | 3.0B | 3.6B | 4.3B | 6.1B | 6.3B |
| ROIC | 11.2% | 11.6% | 12.0% | 12.0% | 12.0% | 11.9% |
| Gross Margin | 26.7% | 26.7% | 24.3% | 25.5% | 21.2% | 26.8% |
| Debt/Equity | 1.21 | 1.21 | 1.15 | 1.09 | 1.13 | 1.22 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 7.3B | 7.3B | 7.3B | 6.9B | 6.9B | 6.1B |
| Operating Margin | 13.8% | 13.8% | 13.1% | 13.9% | 11.9% | 15.0% |
| ROE | 19.5% | 19.9% | 20.5% | 20.0% | 20.6% | 18.3% |
| Shares Outstanding | 2,162M | 2,162M | 2,162M | 2,166M | 2,168M | 2,171M |
ENTERPRISE PRODUCTS PARTNERS L.P. passes 2 of 9 quality checks, indicating weak fundamentals.
ENTERPRISE PRODUCTS PARTNERS L.P. trades at 13.9x trailing earnings, compared to its 15-year median P/E of 8.7x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 27.3x vs a median of 16.9x. The company's 5-year average ROIC is 11.9% with a gross margin of 24.9%. Total shareholder yield (buybacks) is 0.4%. At current prices, the estimated annualized return to fair value is +12.9%.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) has a current P/E ratio of 13.9, compared to its historical median P/E of 8.7. The stock is currently considered Expensive based on its historical valuation range.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) has a 5-year average return on invested capital (ROIC) of 11.9%. This indicates solid capital allocation.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) has a market capitalization of $80.9B. It is classified as a large-cap stock.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 0.37%.
Based on historical P/E analysis, ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) appears expensive. The current P/E of 13.9 is 61% above its historical median of 8.7. The estimated fair value CAGR (P/E method) is 6.9%.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) operates in the Natural Gas Transmission industry, within the Utilities sector.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) reported annual revenue of $52.6 billion in its most recent fiscal year, based on SEC EDGAR filings.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) has a net profit margin of 11.0%. This is a healthy margin.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) generated $3.0 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) has a debt-to-equity ratio of 1.21. This indicates moderate leverage.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) reported earnings per share (EPS) of $2.69 in its most recent fiscal year.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) has a return on equity (ROE) of 19.9%. This indicates the company generates strong returns for shareholders.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) has a 5-year average gross margin of 24.9%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 16 years of financial data for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) has a book value per share of $13.76, based on its most recent annual SEC filing.