Enterprise Products Partners L.P. (EPD) vs Phillips 66 (PSX)
EPD leads on 10 of 17 compared metrics.
A side-by-side comparison of Enterprise Products Partners L.P. and Phillips 66 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 PSX
growth of $100 · last 14yEPD +48.2%PSX +401.0%PSX compounded faster
EPD PSX
EPD vs PSX: by the numbers
- •EPD is the larger company ($78.08B vs $68.30B market cap).
- •EPD trades at the lower earnings multiple (13.37 vs 16.78 P/E).
- •EPD converts more revenue to profit (11.42% vs 3.04% net margin).
- •PSX grew revenue faster over the past five years (15.79% vs 12.30% CAGR).
- •EPD pays the higher dividend yield (6.07% vs 2.90%).
Which is better, EPD or PSX?
Metric tally: EPD 10 · PSX 7It depends on what you're optimizing for:
ValueEPD(lower P/E)
GrowthPSX(faster 5Y revenue CAGR)
IncomeEPD(higher dividend yield)
QualityEPD(higher ROIC)
Metrics side by side
Valuation
| Metric | EPD | PSX |
|---|---|---|
| P/E ratio | 13.37● | 16.78 |
| Forward P/E | 11.20 | 9.89● |
| P/S ratio | 1.53 | 0.51● |
| P/B ratio | 2.67 | 2.41● |
| PEG ratio | 1.45 | 0.10● |
| EV / EBITDA | 11.08 | 9.87● |
| FCF yield | 2.79%● | 0.17% |
Profitability
| Metric | EPD | PSX |
|---|---|---|
| Gross margin | 14.18%● | 7.04% |
| Operating margin | 13.86%● | 4.67% |
| Net margin | 11.42%● | 3.04% |
| ROE | 19.95%● | 14.45% |
| ROIC | 10.29%● | 4.75% |
Dividends
| Metric | EPD | PSX |
|---|---|---|
| Dividend yield | 6.07%● | 2.90% |
| Payout ratio | 82.33% | 45.57% |
Growth (annualized)
| Metric | EPD | PSX |
|---|---|---|
| Revenue CAGR (5Y) | 12.30% | 15.79%● |
| EPS CAGR (5Y) | 9.24%● | 8.08% |
| FCF CAGR (5Y) | -6.23%● | -16.26% |
| Total return CAGR (5Y) | 16.47% | 18.47%● |
Frequently asked
- Which is better, EPD or PSX?
- It depends on your goal. value: EPD (lower P/E); growth: PSX (faster 5Y revenue CAGR); income: EPD (higher dividend yield); quality: EPD (higher ROIC). Across all compared metrics, EPD leads 10 to 7.
- Is EPD or PSX cheaper?
- On trailing earnings, EPD is cheaper: EPD trades at a 13.37 P/E and PSX at 16.78.
- Which has grown faster, EPD or PSX?
- Over the past five years, PSX grew revenue faster — EPD at a 12.30% CAGR versus PSX at 15.79%.
- Does EPD or PSX pay a bigger dividend?
- EPD yields 6.07% and PSX yields 2.90% based on trailing dividends and the latest price.
- Is EPD or PSX more profitable?
- EPD runs the higher net margin — EPD at 11.42% versus PSX at 3.04%.
- Which has been the better investment, EPD or PSX?
- Over the past 10-year, PSX delivered the higher annualized total return — EPD at 9.90% versus PSX at 11.86%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Enterprise Products Partners L.P. P/E ratioPhillips 66 P/E ratioEnterprise Products Partners L.P. dividend yieldPhillips 66 dividend yieldEnterprise Products Partners L.P. ROEPhillips 66 ROEEnterprise Products Partners L.P. operating marginPhillips 66 operating marginEnterprise Products Partners L.P. revenue growthPhillips 66 revenue growthEnterprise Products Partners L.P. free cash flowPhillips 66 free cash flow
Enterprise Products Partners L.P. & Phillips 66 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.