Enterprise Products Partners L.P. (EPD)

EPD Income Statement

Revenue, expenses, and profitability analysis

EPD Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	51.565B	14.386B	13.793B	12.023B	11.363B	15.417B	14.201B	13.775B	13.483B
Cost of Goods Sold	44.253B	12.503B	11.792B	10.366B	9.592B	13.680B	12.277B	12.006B	11.758B
Gross Profit	7.312B	1.883B	2.001B	1.657B	1.771B	1.737B	1.924B	1.769B	1.725B
Gross Profit Margin	13.1%	13.1%	14.5%	13.8%	15.6%	11.3%	13.5%	12.8%	12.8%
Total Operating Expenses	165.000M	64.000M	62.000M	-29.000M	68.000M	-24.000M	-47.000M	-11.000M	-40.000M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	255.000M	64.000M	62.000M	61.000M	68.000M	60.000M	60.000M	61.000M	57.000M
Operating Income (EBIT)	7.147B	1.819B	1.939B	1.686B	1.703B	1.761B	1.971B	1.780B	1.765B
Operating Margin	12.6%	12.6%	14.1%	14.0%	15.0%	11.4%	13.9%	12.9%	13.1%
Income Before Tax (EBT)	5.987B	1.518B	1.656B	1.343B	1.470B	1.430B	1.646B	1.450B	1.435B
Interest Income	33.000M	9.000M	9.000M	9.000M	6.000M	9.000M	17.000M	16.000M	5.000M
Interest Expense	1.450B	387.000M	377.000M	354.000M	332.000M	341.000M	347.000M	345.000M	333.000M
Other Income/Expense	-1.160B	-301.000M	-283.000M	-343.000M	-233.000M	-331.000M	-325.000M	-330.000M	-330.000M
Net Income	5.890B	1.483B	1.644B	1.327B	1.436B	1.394B	1.623B	1.417B	1.405B
Income Tax Expense	29.000M	22.000M	4.000M	-13.000M	16.000M	24.000M	10.000M	19.000M	15.000M
Net Profit Margin	10.3%	10.3%	11.9%	11.0%	12.6%	9.0%	11.4%	10.3%	10.4%
EBITDA	10.194B	2.604B	2.788B	2.357B	2.445B	2.334B	2.550B	2.348B	2.314B
EBITDA Margin	18.1%	18.1%	20.2%	19.6%	21.5%	15.1%	18.0%	17.0%	17.2%
Depreciation & Amortization	2.761B	701.000M	757.000M	660.000M	643.000M	563.000M	560.000M	552.000M	544.000M
EPS Basic	2.70	0.68	0.75	0.61	0.66	0.64	0.74	0.64	0.64
EPS Diluted	2.70	0.68	0.75	0.61	0.66	0.64	0.73	0.65	0.63
Shares Outstanding	2.187B	2.187B	2.192B	2.190B	2.190B	2.191B	2.166B	2.192B	2.171B
Diluted Shares Outstanding	2.187B	2.187B	2.185B	2.186B	2.190B	2.191B	2.190B	2.192B	2.194B

EPD Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	52.596B	56.219B	49.715B	58.186B	40.807B	27.200B	32.789B	36.534B
Cost of Goods Sold	45.440B	48.995B	42.999B	51.461B	34.860B	21.485B	27.011B	31.351B
Gross Profit	7.156B	7.224B	6.716B	6.725B	5.947B	5.715B	5.778B	5.184B
Gross Profit Margin	13.6%	12.8%	13.5%	11.6%	14.6%	21.0%	17.6%	14.2%
Total Operating Expenses	251.000M	-114.000M	-213.000M	-182.000M	-156.000M	680.000M	-300.300M	-224.900M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	251.000M	244.000M	229.000M	241.000M	209.000M	220.000M	211.600M	208.300M
Operating Income (EBIT)	6.905B	7.338B	6.929B	6.907B	6.103B	5.035B	6.079B	5.409B
Operating Margin	13.1%	13.1%	13.9%	11.9%	15.0%	18.5%	18.5%	14.8%
Income Before Tax (EBT)	5.899B	6.035B	5.701B	5.697B	4.825B	3.762B	4.733B	4.299B
Interest Income	37.000M	53.000M	27.000M	11.000M	4.700M	13.400M	11.600M	3.600M
Interest Expense	1.408B	1.358B	1.269B	1.244B	1.283B	1.287B	1.243B	1.097B
Other Income/Expense	-1.006B	-1.303B	-1.228B	-1.210B	-1.278B	-1.273B	-1.346B	-1.110B
Net Income	5.814B	5.901B	5.532B	5.490B	4.638B	3.776B	4.591B	4.172B
Income Tax Expense	23.000M	65.000M	44.000M	82.000M	70.000M	-124.000M	45.600M	60.300M
Net Profit Margin	11.1%	10.5%	11.1%	9.4%	11.4%	13.9%	14.0%	11.4%
EBITDA	9.923B	9.587B	9.047B	8.915B	7.982B	6.889B	7.720B	7.187B
EBITDA Margin	18.9%	17.1%	18.2%	15.3%	19.6%	25.3%	23.5%	19.7%
Depreciation & Amortization	2.623B	2.194B	2.072B	1.974B	1.874B	1.840B	1.745B	1.792B
EPS Basic	2.66	2.69	2.53	2.50	2.11	1.71	2.10	1.92
EPS Diluted	2.66	2.69	2.52	2.50	2.10	1.71	2.09	1.91
Shares Outstanding	2.188B	2.169B	2.168B	2.178B	2.183B	2.186B	2.189B	2.176B
Diluted Shares Outstanding	2.188B	2.192B	2.194B	2.199B	2.203B	2.202B	2.202B	2.187B

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Enterprise Products Partners L.P.

Enterprise Products Partners L.P. delivers essential midstream energy services, connecting both producers and consumers of diverse commodities such as natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. Its operations are structured across four distinct business segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. The NGL Pipelines & Services division focuses on natural gas processing and associated NGL marketing. This segment oversees 19 natural gas processing facilities situated across Colorado, Louisiana, Mississippi, New Mexico, Texas, and Wyoming. Furthermore, it manages an extensive network of NGL pipelines, fractionation plants, storage sites for NGLs and related products, and NGL marine export/import terminals. Within the Crude Oil Pipelines & Services segment, the company manages crude oil pipelines, along with storage and marine terminals. A notable asset in this segment is its fleet of 255 tractor-trailer tank trucks, crucial for crude oil transportation. It also actively participates in crude oil marketing. The Natural Gas Pipelines & Services segment is dedicated to the gathering, treatment, and transmission of natural gas through its pipeline systems. This includes leasing underground salt dome natural gas storage facilities in Napoleonville, Louisiana, and owning a similar underground salt dome storage cavern in Wharton County, Texas. Natural gas marketing also forms part of its activities. Finally, the Petrochemical & Refined Products Services segment handles propylene fractionation and related marketing efforts. Its capabilities extend to butane isomerization complexes and associated deisobutanizer operations, as well as facilities for octane enhancement and the production of high-purity isobutylene. This segment additionally operates refined products pipelines and terminals, and ethylene export terminals, complementing these with refined products marketing and marine transportation solutions. Established in 1968, Enterprise Products Partners L.P. maintains its corporate headquarters in Houston, Texas.

Houston, TX

7,300 employees

www.enterpriseproducts.com

Energy / Oil & Gas Midstream

Sector: Energy
Industry: Oil & Gas Midstream
CEO: A. James Teague

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