Enterprise Products Partners L.P. (EPD) vs Energy Transfer LP (ET)
EPD leads on 9 of 17 compared metrics.
A side-by-side comparison of Enterprise Products Partners L.P. and Energy Transfer LP across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — EPD vs ET
growth of $100 · last 20yEPD +194.9%ET +232.7%ET compounded faster
EPD ET
EPD vs ET: by the numbers
- •EPD is the larger company ($78.08B vs $66.14B market cap).
- •EPD trades at the lower earnings multiple (13.37 vs 14.34 P/E).
- •EPD converts more revenue to profit (11.42% vs 5.41% net margin).
- •ET grew revenue faster over the past five years (15.06% vs 12.30% CAGR).
- •ET pays the higher dividend yield (6.95% vs 6.07%).
Which is better, EPD or ET?
Metric tally: EPD 9 · ET 8It depends on what you're optimizing for:
ValueEPD(lower P/E)
GrowthET(faster 5Y revenue CAGR)
IncomeET(higher dividend yield)
QualityEPD(higher ROIC)
Metrics side by side
Valuation
| Metric | EPD | ET |
|---|---|---|
| P/E ratio | 13.37● | 14.34 |
| Forward P/E | 11.20● | 12.09 |
| P/S ratio | 1.53 | 0.74● |
| P/B ratio | 2.67 | 1.93● |
| PEG ratio | 1.45● | 2.23 |
| EV / EBITDA | 11.08 | 9.30● |
| FCF yield | 2.79% | 5.50%● |
Profitability
| Metric | EPD | ET |
|---|---|---|
| Gross margin | 14.18% | 22.91%● |
| Operating margin | 13.86%● | 11.11% |
| Net margin | 11.42%● | 5.41% |
| ROE | 19.95%● | 14.02% |
| ROIC | 10.29%● | 7.17% |
Dividends
| Metric | EPD | ET |
|---|---|---|
| Dividend yield | 6.07% | 6.95%● |
| Payout ratio | 82.33% | 98.16% |
Growth (annualized)
| Metric | EPD | ET |
|---|---|---|
| Revenue CAGR (5Y) | 12.30% | 15.06%● |
| EPS CAGR (5Y) | 9.24%● | 0.25% |
| FCF CAGR (5Y) | -6.23%● | -11.11% |
| Total return CAGR (5Y) | 16.47% | 21.42%● |
Frequently asked
- Which is better, EPD or ET?
- It depends on your goal. value: EPD (lower P/E); growth: ET (faster 5Y revenue CAGR); income: ET (higher dividend yield); quality: EPD (higher ROIC). Across all compared metrics, EPD leads 9 to 8.
- Is EPD or ET cheaper?
- On trailing earnings, EPD is cheaper: EPD trades at a 13.37 P/E and ET at 14.34.
- Which has grown faster, EPD or ET?
- Over the past five years, ET grew revenue faster — EPD at a 12.30% CAGR versus ET at 15.06%.
- Does EPD or ET pay a bigger dividend?
- EPD yields 6.07% and ET yields 6.95% based on trailing dividends and the latest price.
- Is EPD or ET more profitable?
- EPD runs the higher net margin — EPD at 11.42% versus ET at 5.41%.
- Which has been the better investment, EPD or ET?
- Over the past 10-year, ET delivered the higher annualized total return — EPD at 9.90% versus ET at 11.87%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Enterprise Products Partners L.P. P/E ratioEnergy Transfer LP P/E ratioEnterprise Products Partners L.P. dividend yieldEnergy Transfer LP dividend yieldEnterprise Products Partners L.P. ROEEnergy Transfer LP ROEEnterprise Products Partners L.P. operating marginEnergy Transfer LP operating marginEnterprise Products Partners L.P. revenue growthEnergy Transfer LP revenue growthEnterprise Products Partners L.P. free cash flowEnergy Transfer LP free cash flow
Enterprise Products Partners L.P. & Energy Transfer LP appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 24, 2026.