Enterprise Products Partners L.P. (EPD) FCF Payout Ratio: 217.90%
Is Enterprise Products Partners L.P.’s FCF payout ratio high or low?
Enterprise Products Partners L.P.'s FCF payout ratio of 217.90% is 97% above its 5-year average of 110.57%, near the high end of its 5-year range (62.49%–217.90%).
53.38% above its 12-month average of 142.06%.
EPD FCF Payout Ratio Chart
Reported annual fiscal-period values; no daily interpolation.
EPD Average FCF Payout Ratio Chart
EPD Current vs Average FCF Payout Ratio Chart
EPD FCF Payout Ratio Metrics
FCF PAYOUT RATIO
217.90%
FCF PAYOUT RATIO AVG TTM
142.06%
FCF PAYOUT RATIO AVG 3Y
112.87%
FCF PAYOUT RATIO AVG 5Y
110.57%
FCF PAYOUT RATIO AVG 10Y
160.43%
FCF PAYOUT RATIO AVG 15Y
160.90%
FCF PAYOUT RATIO AVG 20Y
164.02%
CURRENT VS TTM AVG
+53.38%
CURRENT VS 3Y AVG
+93.05%
CURRENT VS 5Y AVG
+97.07%
CURRENT VS 10Y AVG
+35.82%
CURRENT VS 15Y AVG
+35.42%
CURRENT VS 20Y AVG
+32.85%
Payout Ratio Comparison
FCF Payout Ratio
217.9%
Earnings Payout Ratio
82.3%
Dividend Yield
6.07%
FCF Yield
2.79%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $2.96B | $4.68B | 157.8% |
| 2024 | $3.57B | $4.51B | 126.4% |
| 2023 | $4.30B | $4.30B | 100.0% |
| 2022 | $6.08B | $4.09B | 67.4% |
| 2021 | $6.29B | $3.93B | 62.5% |
| 2020 | $2.60B | $3.89B | 149.4% |
| 2019 | $1.99B | $3.84B | 193.1% |
| 2018 | $1.90B | $3.73B | 195.8% |
| 2017 | $1.52B | $3.57B | 235.1% |
| 2016 | $1.04B | $3.30B | 316.8% |
| 2015 | $171.70M | $2.94B | n/m |
| 2014 | $1.27B | $2.64B | 207.8% |
| 2013 | $457.30M | $2.40B | 524.9% |
| 2012 | ($731.00M) | $2.18B | N/A (Loss) |
| 2011 | ($537.00M) | $1.97B | N/A (Loss) |
| 2010 | $259.20M | $307.70M | 118.7% |
| 2009 | $791.50M | $1.59B | 201.5% |
| 2008 | ($747.52M) | $1.04B | N/A (Loss) |
| 2007 | ($606.09M) | $957.71M | N/A (Loss) |
| 2006 | ($166.00M) | $843.29M | N/A (Loss) |
| 2005 | ($232.75M) | $722.42M | N/A (Loss) |
| 2004 | $223.44M | $445.20M | 199.2% |
| 2003 | $278.79M | $318.03M | 114.1% |
| 2002 | $255.63M | $218.19M | 85.4% |
| 2001 | $133.43M | $166.00M | 124.4% |
| 2000 | $116.78M | $141.01M | 120.8% |
| 1999 | ($60.50M) | $111.80M | N/A (Loss) |
| 1998 | ($28.70M) | $21.60M | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Enterprise Products Partners L.P. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Enterprise Products Partners L.P. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Enterprise Products Partners L.P. (EPD)?
- The FCF payout ratio for EPD stock is 217.90%.
- Is Enterprise Products Partners L.P.'s FCF payout ratio high or low?
- Enterprise Products Partners L.P.'s FCF payout ratio of 217.90% is 97% above its 5-year average of 110.57%, near the high end of its 5-year range (62.49%–217.90%).
- What is the TTM average FCF payout ratio for Enterprise Products Partners L.P. (EPD)?
- The TTM average FCF payout ratio for EPD stock is 142.06%.
- What is the 3Y average FCF payout ratio for Enterprise Products Partners L.P. (EPD)?
- The 3Y average FCF payout ratio for EPD stock is 112.87%.
- What is the 5Y average FCF payout ratio for Enterprise Products Partners L.P. (EPD)?
- The 5Y average FCF payout ratio for EPD stock is 110.57%.
- What is the 10Y average FCF payout ratio for Enterprise Products Partners L.P. (EPD)?
- The 10Y average FCF payout ratio for EPD stock is 160.43%.
- What is the 15Y average FCF payout ratio for Enterprise Products Partners L.P. (EPD)?
- The 15Y average FCF payout ratio for EPD stock is 160.90%.
- What is the 20Y average FCF payout ratio for Enterprise Products Partners L.P. (EPD)?
- The 20Y average FCF payout ratio for EPD stock is 164.02%.
Enterprise Products Partners L.P. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 157.77% |
| 2024-12-31 | 126.35% |
| 2023-12-31 | 99.95% |
| 2022-12-31 | 67.41% |
| 2021-12-31 | 62.49% |
| 2020-12-31 | 149.45% |
| 2019-12-31 | 193.07% |
| 2018-12-31 | 195.83% |
| 2017-12-31 | 235.11% |
| 2016-12-31 | 316.84% |
| 2014-12-31 | 207.84% |
| 2013-12-31 | 524.89% |
| 2010-12-31 | 118.71% |
| 2009-12-31 | 201.49% |
| 2004-12-31 | 199.25% |
| 2003-12-31 | 114.07% |
| 2002-12-31 | 85.36% |
| 2001-12-31 | 124.40% |
| 2000-12-31 | 120.75% |
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.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- CEO
- A. James Teague