Enterprise Products Partners (EPD) Financials

$30.06 -0.41 (-1.33%)

As of 11:31 AM Eastern

Annual Income Statements for Enterprise Products Partners

This table shows Enterprise Products Partners' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	2,521	2,513	2,799	4,172	4,591	3,775	4,634	5,487	5,529	5,897
Consolidated Net Income / (Loss)	2,558	2,553	2,856	4,239	4,687	3,886	4,755	5,615	5,657	5,970
Net Income / (Loss) Continuing Operations	2,558	2,553	2,856	4,239	4,687	3,886	4,755	5,615	5,657	5,970
Total Pre-Tax Income	2,556	2,576	2,881	4,299	4,733	3,762	4,825	5,697	5,701	6,035
Total Operating Income	3,167	3,219	3,503	4,929	6,079	4,609	5,520	6,443	6,467	6,930
Total Gross Profit	3,359	3,379	3,684	5,137	5,727	4,829	5,729	6,684	6,698	7,174
Total Revenue	27,028	23,022	29,242	36,534	32,789	27,200	40,807	58,186	49,715	56,219
Operating Revenue	27,028	23,022	29,242	36,534	32,789	27,200	40,807	58,186	49,715	56,219
Total Cost of Revenue	23,669	19,644	25,558	31,397	27,062	22,371	35,078	51,502	43,017	49,045
Operating Cost of Revenue	23,669	19,644	25,558	31,397	27,062	22,371	35,078	51,502	43,017	49,045
Total Operating Expenses	193	160	181	208	-351	220	209	241	231	244
Selling, General & Admin Expense	193	160	181	208	136	220	209	241	231	244
Total Other Income / (Expense), net	-611	-642	-622	-630	-1,346	-847	-695	-746	-766	-895
Interest Expense	962	983	985	1,097	1,243	1,287	1,283	1,244	1,269	1,352
Interest & Investment Income	374	362	427	523	-108	439	588	475	489	455
Other Income / (Expense), net	-23	-22	-64	-56	5.00	1.00	0.00	23	14	2.00
Income Tax Expense	-2.50	23	26	60	46	-124	70	82	44	65
Net Income / (Loss) Attributable to Noncontrolling Interest	37	40	56	66	96	111	121	128	128	73
Basic Earnings per Share	$1.28	$1.20	$1.30	$1.91	$2.09	$1.71	$2.11	$2.50	$2.52	$2.69
Weighted Average Basic Shares Outstanding	2.00B	2.09B	2.15B	2.19B	2.19B	2.18B	2.18B	2.17B	2.17B	2.17B
Diluted Earnings per Share	$1.26	$1.20	$1.30	$1.91	-	$1.71	$2.10	$2.50	$2.52	$2.69
Weighted Average Diluted Shares Outstanding	2.00B	2.09B	2.15B	2.19B	2.19B	2.18B	2.18B	2.17B	2.17B	2.17B
Weighted Average Basic & Diluted Shares Outstanding	2.00B	2.09B	2.15B	2.19B	2.19B	2.18B	2.18B	2.17B	2.17B	2.17B

This table shows Enterprise Products Partners' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	1,360	1,420	1,390	1,253	1,318	1,568	1,456	1,405	1,417	1,619
Consolidated Net Income / (Loss)	1,392	1,452	1,422	1,283	1,350	1,602	1,483	1,422	1,432	1,633
Net Income / (Loss) Continuing Operations	1,392	1,452	1,422	1,283	1,350	1,602	1,483	1,422	1,432	1,633
Total Pre-Tax Income	1,410	1,480	1,432	1,296	1,372	1,601	1,504	1,437	1,451	1,643
Total Operating Income	1,601	1,636	1,630	1,458	1,573	1,806	1,720	1,664	1,681	1,865
Total Gross Profit	1,656	1,698	1,687	1,514	1,632	1,865	1,786	1,721	1,742	1,925
Total Revenue	15,468	13,650	12,444	10,651	11,998	14,622	14,760	13,483	13,775	14,201
Operating Revenue	15,468	13,650	12,444	10,651	11,998	14,622	14,760	13,483	13,775	14,201
Total Cost of Revenue	13,812	11,952	10,757	9,137	10,366	12,757	12,974	11,762	12,033	12,276
Operating Cost of Revenue	13,812	11,952	10,757	9,137	10,366	12,757	12,974	11,762	12,033	12,276
Total Operating Expenses	55	62	57	56	59	59	66	57	61	60
Selling, General & Admin Expense	55	62	57	56	59	59	66	57	61	60
Total Other Income / (Expense), net	-191	-156	-198	-162	-201	-205	-216	-227	-230	-222
Interest Expense	309	307	314	302	328	325	331	332	343	346
Interest & Investment Income	114	134	116	126	127	120	115	105	113	122
Other Income / (Expense), net	4.00	17	0.00	14	0.00	-	0.00	0.00	0.00	2.00
Income Tax Expense	18	28	10	13	22	-1.00	21	15	19	10
Net Income / (Loss) Attributable to Noncontrolling Interest	32	32	32	30	32	34	27	17	15	14
Basic Earnings per Share	$0.62	$0.65	$0.63	$0.57	$0.60	$0.72	$0.66	$0.64	$0.65	$0.74
Weighted Average Basic Shares Outstanding	2.18B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B
Diluted Earnings per Share	$0.62	$0.65	$0.63	$0.57	$0.60	$0.72	$0.66	$0.64	$0.65	$0.74
Weighted Average Diluted Shares Outstanding	2.18B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B
Weighted Average Basic & Diluted Shares Outstanding	2.18B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B

This table details how cash moves in and out of Enterprise Products Partners' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-40	383	-347	340	-0.10	748	1,807	-2,759	114	518
Net Cash From Operating Activities	4,002	4,067	4,666	6,126	6,521	5,891	8,513	8,039	7,569	8,115
Net Cash From Continuing Operating Activities	4,002	4,067	4,666	6,126	6,521	5,891	8,513	8,039	7,569	8,115
Net Income / (Loss) Continuing Operations	2,558	2,553	2,856	4,239	4,687	3,886	4,755	5,615	5,657	5,970
Consolidated Net Income / (Loss)	2,558	2,553	2,856	4,239	4,687	3,886	4,755	5,615	5,657	5,970
Depreciation Expense	1,516	1,552	1,644	1,792	1,570	1,697	1,723	1,797	1,871	1,987
Amortization Expense	-	-	0.00	-	379	375	417	448	472	486
Non-Cash Adjustments To Reconcile Net Income	292	94	70	56	322	847	213	173	111	132
Changes in Operating Assets and Liabilities, net	-364	-132	97	41	-438	-914	1,405	6.00	-542	-460
Net Cash From Investing Activities	-3,426	-4,006	-3,286	-4,282	-4,576	-3,121	-2,135	-4,954	-3,197	-5,433
Net Cash From Continuing Investing Activities	-3,426	-4,006	-3,286	-4,282	-4,576	-3,121	-2,135	-4,954	-3,197	-5,433
Purchase of Property, Plant & Equipment	-3,831	-2,984	-3,102	-4,223	-4,532	-3,288	-2,223	-1,964	-3,266	-4,544
Acquisitions	-1,057	-1,000	-199	-151	0.00	0.00	0.00	-3,204	0.00	-949
Purchase of Investments	-163	-139	-51	-114	-112	-16	-2.00	-1.00	-2.00	0.00
Sale of Property, Plant & Equipment	1,609	47	40	161	21	13	64	122	42	14
Sale and/or Maturity of Investments	0.00	71	49	50	63	188	46	98	42	77
Other Investing Activities, net	15	-0.40	-25	-5.40	-16	-18	-20	-5.00	-13	-31
Net Cash From Financing Activities	-616	322	-1,728	-1,505	-1,945	-2,022	-4,571	-5,844	-4,258	-2,164
Net Cash From Continuing Financing Activities	-616	322	-1,728	-1,505	-1,945	-2,022	-4,571	-5,844	-4,258	-2,164
Repayment of Debt	-19,940	-61,702	-68,513	-78,035	-56,784	-4,489	-11,548	-97,449	-89,525	-50,656
Repurchase of Common Equity	-	0.00	0.00	-31	-81	-186	-214	-250	-188	-219
Payment of Dividends	-2,999	-3,360	-3,619	-3,826	-3,968	-4,049	-4,115	-4,292	-4,509	-5,061
Issuance of Debt	21,081	62,814	69,315	79,589	58,173	6,672	11,159	96,140	89,899	53,715
Issuance of Preferred Equity	-	-	-	0.00	0.00	32	0.00	0.00	0.00	0.00
Issuance of Common Equity	1,243	2,563	1,074	777	715	31	72	7.00	44	90
Other Financing Activities, net	0.00	6.10	16	22	0.00	-33	75	0.00	21	-33

This table details how cash moves in and out of Enterprise Products Partners' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-142	-49	70	1.00	37	6.00	64	50	1,239	-835
Net Cash From Operating Activities	1,050	2,725	1,583	1,902	1,718	2,366	2,111	1,574	2,072	2,358
Net Cash From Continuing Operating Activities	1,050	2,725	1,583	1,902	1,718	2,366	2,111	1,574	2,072	2,358
Net Income / (Loss) Continuing Operations	1,392	1,452	1,422	1,283	1,350	1,602	1,483	1,422	1,432	1,633
Consolidated Net Income / (Loss)	1,392	1,452	1,422	1,283	1,350	1,602	1,483	1,422	1,432	1,633
Depreciation Expense	445	461	454	456	478	483	488	493	498	508
Amortization Expense	113	109	113	120	121	118	128	118	120	120
Non-Cash Adjustments To Reconcile Net Income	-8.00	39	30	17	59	5.00	39	26	49	18
Changes in Operating Assets and Liabilities, net	-892	664	-436	26	-290	158	-27	-485	-27	79
Net Cash From Investing Activities	-441	-645	-637	-765	-818	-977	-1,038	-1,243	-1,152	-2,000
Net Cash From Continuing Investing Activities	-441	-645	-637	-765	-818	-977	-1,038	-1,243	-1,152	-2,000
Purchase of Property, Plant & Equipment	-472	-761	-653	-780	-821	-1,012	-1,047	-1,264	-1,174	-1,059
Acquisitions	-	-	0.00	-	-	-	0.00	-	-	-949
Sale of Property, Plant & Equipment	6.00	102	2.00	4.00	1.00	35	2.00	4.00	5.00	3.00
Sale and/or Maturity of Investments	27	16	15	15	7.00	5.00	15	24	25	13
Other Investing Activities, net	-1.00	-2.00	-1.00	-4.00	-3.00	-5.00	-8.00	-7.00	-8.00	-8.00
Net Cash From Financing Activities	-751	-2,129	-876	-1,136	-863	-1,383	-1,009	-281	319	-1,193
Net Cash From Continuing Financing Activities	-751	-2,129	-876	-1,136	-863	-1,383	-1,009	-281	319	-1,193
Repayment of Debt	-21,972	-32,557	-8,090	-20,222	-28,827	-32,386	-13,711	-23,057	-12,613	-1,275
Repurchase of Common Equity	-72	-143	-17	-75	-	-96	-40	-40	-76	-63
Payment of Dividends	-1,077	-1,090	-1,115	-1,124	-1,136	-1,134	-1,565	-1,154	-1,171	-1,171
Issuance of Debt	22,370	31,658	8,321	20,274	29,090	32,214	14,328	23,953	14,175	1,259
Issuance of Common Equity	-	3.00	4.00	11	10	19	8.00	17	8.00	57

This table presents Enterprise Products Partners' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	48,802	52,194	54,418	56,970	61,733	64,107	67,526	68,108	70,982	77,168
Total Current Assets	4,298	6,528	6,506	6,061	7,863	9,909	13,270	10,598	12,248	15,133
Cash & Equivalents	19	63	5.10	345	335	1,060	2,820	76	180	583
Restricted Cash	16	355	65	65	75	98	145	130	140	255
Accounts Receivable	2,571	3,331	4,360	3,663	4,876	4,808	6,988	6,975	7,772	9,240
Inventories, net	1,038	1,771	1,610	1,522	2,091	3,304	2,681	2,554	3,352	3,955
Prepaid Expenses	396	468	313	312	358	411	399	394	457	566
Other Current Assets	259	541	153	154	127	229	237	469	347	534
Plant, Property, & Equipment, net	32,035	33,293	35,620	38,738	41,603	41,913	42,088	44,401	45,804	49,062
Total Noncurrent Assets	12,469	12,373	12,291	12,172	12,267	12,285	12,168	13,109	12,930	12,973
Long-Term Investments	2,629	2,677	2,659	2,615	2,600	2,429	2,428	2,352	2,330	2,259
Goodwill	5,745	5,745	5,745	5,745	5,745	5,449	5,449	5,608	5,608	5,712
Intangible Assets	4,037	3,864	3,690	3,608	3,449	3,309	3,151	3,965	3,770	4,005
Other Noncurrent Operating Assets	58	87	196	203	473	1,097	1,140	1,184	1,222	997
Total Liabilities & Shareholders' Equity	48,802	52,194	54,418	56,970	61,733	64,107	67,526	68,108	70,982	77,168
Total Liabilities	28,301	29,928	31,646	32,678	35,906	38,680	41,038	40,357	42,223	47,579
Total Current Liabilities	7,167	8,251	9,295	7,168	9,130	8,988	11,625	12,265	13,131	15,177
Short-Term Debt	1,864	2,577	2,855	1,500	1,982	1,325	1,400	1,744	1,300	1,150
Accounts Payable	944	503	929	1,243	1,167	854	799	975	1,394	1,425
Accrued Expenses	2,484	3,614	4,566	3,476	4,916	5,395	8,093	7,988	8,911	10,777
Other Current Liabilities	1,522	1,216	587	553	634	958	880	1,132	1,071	1,289
Other Current Nonoperating Liabilities	352	341	358	396	432	456	453	426	455	536
Total Noncurrent Liabilities	21,135	21,678	22,351	25,510	26,776	29,692	29,413	28,092	29,092	32,402
Long-Term Debt	20,677	21,121	21,714	24,678	25,643	28,541	28,135	26,551	27,448	30,746
Noncurrent Deferred & Payable Income Tax Liabilities	46	53	59	80	100	465	518	600	611	656
Other Noncurrent Operating Liabilities	412	504	578	752	1,032	687	760	941	984	950
Other Noncurrent Nonoperating Liabilities	-	-	-	-	-	-	-	-	49	50
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	20,501	22,266	22,772	24,292	25,828	25,377	26,439	27,702	28,759	29,589
Total Preferred & Common Equity	20,295	22,047	22,547	23,854	24,764	24,304	25,329	26,623	27,673	28,732
Total Common Equity	20,295	22,047	22,547	23,854	24,764	24,304	25,329	26,623	27,673	28,732
Common Stock	20,514	22,327	22,719	23,803	24,693	25,767	26,340	27,555	28,663	29,793
Treasury Stock	-	-	-	-	0.00	-1,297	-1,297	-1,297	-1,297	-1,297
Accumulated Other Comprehensive Income / (Loss)	-219	-280	-172	51	71	-165	286	365	307	236
Noncontrolling Interest	206	219	225	439	1,064	1,073	1,110	1,079	1,086	857

This table presents Enterprise Products Partners' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	68,437	67,325	67,729	69,804	71,373	73,561	75,062
Total Current Assets	11,082	9,687	9,704	11,432	12,093	13,453	14,385
Cash & Equivalents	167	76	183	171	283	138	1,434
Restricted Cash	88	200	94	143	101	296	239
Accounts Receivable	6,733	6,637	6,134	6,928	7,598	8,655	8,202
Inventories, net	3,173	2,195	2,497	3,345	3,257	3,356	3,319
Prepaid Expenses	435	384	463	436	531	543	565
Other Current Assets	486	195	333	409	323	465	626
Plant, Property, & Equipment, net	44,167	44,597	45,054	45,340	46,431	47,436	48,099
Total Noncurrent Assets	13,188	13,041	12,971	13,032	12,849	12,672	12,578
Long-Term Investments	2,356	2,338	2,332	2,337	2,321	2,292	2,268
Goodwill	5,608	5,608	5,608	5,608	5,608	5,608	5,608
Intangible Assets	4,010	3,919	3,871	3,821	3,720	3,671	3,619
Other Noncurrent Operating Assets	1,214	1,176	1,160	1,266	1,200	1,101	1,083
Total Liabilities & Shareholders' Equity	68,437	67,325	67,729	69,804	71,373	73,561	75,062
Total Liabilities	40,948	39,417	39,658	41,533	42,847	44,764	45,904
Total Current Liabilities	12,897	10,410	10,709	12,475	13,030	14,809	13,404
Short-Term Debt	2,654	1,149	1,204	1,470	1,149	2,049	1,149
Accounts Payable	909	813	1,089	1,110	1,454	1,256	1,340
Accrued Expenses	7,975	7,411	6,996	8,460	9,297	9,859	9,219
Other Current Liabilities	1,140	798	962	1,198	876	1,158	1,426
Other Current Nonoperating Liabilities	219	239	458	237	254	487	270
Total Noncurrent Liabilities	28,051	29,007	28,949	29,058	29,817	29,955	32,500
Long-Term Debt	26,548	27,439	27,443	27,446	28,285	28,289	30,756
Noncurrent Deferred & Payable Income Tax Liabilities	565	603	591	605	620	625	634
Other Noncurrent Operating Liabilities	938	965	915	1,007	912	992	1,060
Other Noncurrent Nonoperating Liabilities	-	-	-	-	-	49	50
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	27,440	27,859	28,022	28,222	28,477	28,797	29,158
Total Preferred & Common Equity	26,348	26,787	26,951	27,150	27,677	27,989	28,349
Total Common Equity	26,348	26,787	26,951	27,150	27,677	27,989	28,349
Common Stock	27,272	27,843	27,980	28,244	28,831	29,110	29,343
Treasury Stock	-1,297	-1,297	-1,297	-1,297	-1,297	-1,297	-1,297
Accumulated Other Comprehensive Income / (Loss)	373	241	268	203	143	176	303
Noncontrolling Interest	1,092	1,072	1,071	1,072	800	808	809

This table displays calculated financial ratios and metrics derived from Enterprise Products Partners' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-43.63%	-14.82%	27.01%	24.94%	-10.25%	-17.05%	50.03%	42.59%	-14.56%	13.08%
EBITDA Growth	-4.48%	1.91%	7.02%	31.12%	20.54%	-16.82%	14.64%	13.72%	1.30%	6.58%
EBIT Growth	-10.63%	1.68%	7.56%	41.70%	24.86%	-24.22%	19.74%	17.14%	0.23%	6.96%
NOPAT Growth	-9.12%	0.62%	8.85%	39.98%	23.88%	-20.92%	14.26%	16.73%	1.05%	6.83%
Net Income Growth	-9.71%	-0.21%	11.85%	48.43%	10.58%	-17.09%	22.36%	18.09%	0.75%	5.53%
EPS Growth	-14.29%	-4.76%	8.33%	46.92%	0.00%	0.00%	22.81%	19.05%	0.80%	6.75%
Operating Cash Flow Growth	-3.84%	1.61%	14.74%	31.29%	6.43%	-9.65%	44.51%	-5.57%	-5.85%	7.21%
Free Cash Flow Firm Growth	112.13%	45.53%	140.95%	16.14%	50.24%	16.32%	87.59%	-46.00%	41.23%	-34.76%
Invested Capital Growth	7.05%	6.09%	4.07%	6.39%	6.34%	2.53%	-2.07%	5.54%	2.68%	6.53%
Revenue Q/Q Growth	-12.99%	1.43%	7.14%	2.11%	-3.47%	-3.41%	11.86%	4.08%	1.99%	-0.74%
EBITDA Q/Q Growth	0.25%	0.19%	2.57%	9.71%	4.98%	-9.70%	7.77%	9.01%	2.13%	0.94%
EBIT Q/Q Growth	0.36%	-0.60%	3.04%	12.76%	6.09%	-23.47%	10.69%	12.06%	2.42%	0.89%
NOPAT Q/Q Growth	1.02%	-1.66%	4.31%	11.97%	3.76%	-21.55%	11.03%	11.58%	3.26%	0.68%
Net Income Q/Q Growth	0.49%	-0.92%	4.68%	13.61%	-3.69%	-16.34%	17.20%	7.42%	2.72%	0.52%
EPS Q/Q Growth	1.61%	-0.83%	4.00%	13.69%	0.00%	0.00%	0.00%	0.00%	2.86%	0.75%
Operating Cash Flow Q/Q Growth	-1.15%	-0.08%	10.37%	0.08%	-2.35%	-1.59%	6.59%	8.05%	-4.53%	-0.10%
Free Cash Flow Firm Q/Q Growth	109.60%	763.30%	-4.47%	-14.59%	10.77%	6.34%	-0.25%	47.14%	-13.42%	-21.68%
Invested Capital Q/Q Growth	1.78%	0.07%	0.57%	2.38%	2.09%	-0.90%	0.16%	-0.71%	1.07%	2.67%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	12.43%	14.68%	12.60%	14.06%	17.47%	17.75%	14.04%	11.49%	13.47%	12.76%
EBITDA Margin	17.24%	20.63%	17.38%	18.24%	24.50%	24.57%	18.77%	14.97%	17.75%	16.73%
Operating Margin	11.72%	13.98%	11.98%	13.49%	18.54%	16.94%	13.53%	11.07%	13.01%	12.33%
EBIT Margin	11.63%	13.89%	11.76%	13.34%	18.55%	16.95%	13.53%	11.11%	13.04%	12.33%
Profit (Net Income) Margin	9.47%	11.09%	9.77%	11.60%	14.29%	14.29%	11.65%	9.65%	11.38%	10.62%
Tax Burden Percent	100.10%	99.09%	99.11%	98.60%	99.04%	103.30%	98.55%	98.56%	99.23%	98.92%
Interest Burden Percent	81.29%	80.59%	83.79%	88.23%	77.79%	81.61%	87.41%	88.11%	87.96%	87.06%
Effective Tax Rate	-0.10%	0.91%	0.89%	1.40%	0.96%	-3.30%	1.45%	1.44%	0.77%	1.08%
Return on Invested Capital (ROIC)	8.05%	7.60%	7.87%	10.47%	12.20%	9.24%	10.54%	12.10%	11.74%	11.99%
ROIC Less NNEP Spread (ROIC-NNEP)	4.88%	4.51%	5.02%	7.76%	6.71%	5.86%	7.87%	9.20%	8.86%	8.83%
Return on Net Nonoperating Assets (RNNOA)	4.68%	4.34%	4.81%	7.54%	6.51%	5.92%	7.78%	8.61%	8.28%	8.47%
Return on Equity (ROE)	12.73%	11.94%	12.68%	18.01%	18.70%	15.16%	18.32%	20.70%	20.02%	20.46%
Cash Return on Invested Capital (CROIC)	1.24%	1.69%	3.88%	4.28%	6.05%	6.74%	12.63%	6.70%	9.10%	5.67%
Operating Return on Assets (OROA)	6.55%	6.33%	6.45%	8.75%	10.25%	7.33%	8.39%	9.53%	9.32%	9.36%
Return on Assets (ROA)	5.33%	5.06%	5.36%	7.61%	7.90%	6.18%	7.22%	8.28%	8.13%	8.06%
Return on Common Equity (ROCE)	12.15%	11.82%	12.56%	17.76%	18.14%	14.52%	17.51%	19.83%	19.24%	19.78%
Return on Equity Simple (ROE_SIMPLE)	12.61%	11.58%	12.67%	17.77%	18.93%	15.99%	18.77%	21.09%	20.44%	20.78%
Net Operating Profit after Tax (NOPAT)	3,170	3,189	3,472	4,859	6,020	4,761	5,440	6,350	6,417	6,855
NOPAT Margin	11.73%	13.85%	11.87%	13.30%	18.36%	17.50%	13.33%	10.91%	12.91%	12.19%
Net Nonoperating Expense Percent (NNEP)	3.17%	3.09%	2.86%	2.71%	5.49%	3.38%	2.67%	2.90%	2.88%	3.16%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	11.34%	11.16%	11.15%
Cost of Revenue to Revenue	87.57%	85.32%	87.40%	85.94%	82.53%	82.25%	85.96%	88.51%	86.53%	87.24%
SG&A Expenses to Revenue	0.71%	0.70%	0.62%	0.57%	0.42%	0.81%	0.51%	0.41%	0.46%	0.43%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.23%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	0.71%	0.70%	0.62%	0.57%	-1.07%	0.81%	0.51%	0.41%	0.46%	0.43%
Earnings before Interest and Taxes (EBIT)	3,144	3,197	3,439	4,873	6,084	4,610	5,520	6,466	6,481	6,932
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	4,660	4,749	5,083	6,664	8,033	6,682	7,660	8,711	8,824	9,405
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.40	1.51	1.59	1.51	1.77	1.37	1.60	1.67	1.89	2.33
Price to Tangible Book Value (P/TBV)	2.70	2.68	2.73	2.48	2.81	2.15	2.42	2.61	2.86	3.52
Price to Revenue (P/Rev)	1.05	1.45	1.23	0.98	1.34	1.23	0.99	0.76	1.05	1.19
Price to Earnings (P/E)	11.26	13.27	12.81	8.61	9.55	8.84	8.72	8.11	9.46	11.34
Dividend Yield	10.63%	9.96%	10.02%	10.44%	8.77%	11.64%	9.70%	9.18%	8.21%	6.74%
Earnings Yield	8.88%	7.53%	7.81%	11.61%	10.48%	11.32%	11.47%	12.34%	10.57%	8.82%
Enterprise Value to Invested Capital (EV/IC)	1.19	1.25	1.29	1.24	1.37	1.16	1.29	1.32	1.44	1.64
Enterprise Value to Revenue (EV/Rev)	1.79	2.35	1.98	1.63	2.12	2.23	1.61	1.23	1.60	1.72
Enterprise Value to EBITDA (EV/EBITDA)	10.40	11.41	11.40	8.93	8.65	9.09	8.58	8.19	9.01	10.26
Enterprise Value to EBIT (EV/EBIT)	15.42	16.95	16.84	12.21	11.42	13.18	11.90	11.03	12.26	13.92
Enterprise Value to NOPAT (EV/NOPAT)	15.29	16.99	16.68	12.25	11.55	12.76	12.08	11.23	12.38	14.08
Enterprise Value to Operating Cash Flow (EV/OCF)	12.11	13.32	12.41	9.71	10.66	10.31	7.72	8.87	10.50	11.89
Enterprise Value to Free Cash Flow (EV/FCFF)	99.30	76.26	33.84	29.94	23.27	17.49	10.08	20.27	15.99	29.76
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.10	1.06	1.08	1.08	1.07	1.17	1.12	1.02	1.00	1.08
Long-Term Debt to Equity	1.01	0.95	0.95	1.02	0.99	1.12	1.06	0.96	0.95	1.04
Financial Leverage	0.96	0.96	0.96	0.97	0.97	1.01	0.99	0.94	0.93	0.96
Leverage Ratio	2.39	2.36	2.37	2.37	2.37	2.46	2.54	2.50	2.46	2.54
Compound Leverage Factor	1.94	1.90	1.98	2.09	1.84	2.00	2.22	2.20	2.17	2.21
Debt to Total Capital	52.37%	51.56%	51.90%	51.87%	51.68%	54.01%	52.72%	50.49%	49.99%	51.88%
Short-Term Debt to Total Capital	4.33%	5.61%	6.03%	2.97%	3.71%	2.40%	2.50%	3.11%	2.26%	1.87%
Long-Term Debt to Total Capital	48.04%	45.95%	45.87%	48.90%	47.97%	51.62%	50.22%	47.37%	47.73%	50.01%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.48%	0.48%	0.48%	0.87%	1.99%	2.03%	2.07%	2.01%	1.89%	1.39%
Common Equity to Total Capital	47.15%	47.97%	47.63%	47.26%	46.33%	43.96%	45.21%	47.50%	48.12%	46.73%
Debt to EBITDA	4.84	4.99	4.83	3.93	3.44	4.47	3.86	3.25	3.26	3.39
Net Debt to EBITDA	4.27	4.34	4.30	3.47	3.06	3.93	3.15	2.95	2.96	3.06
Long-Term Debt to EBITDA	4.44	4.45	4.27	3.70	3.19	4.27	3.67	3.05	3.11	3.27
Debt to NOPAT	7.11	7.43	7.08	5.39	4.59	6.27	5.43	4.46	4.48	4.65
Net Debt to NOPAT	6.27	6.46	6.29	4.76	4.09	5.52	4.44	4.05	4.07	4.20
Long-Term Debt to NOPAT	6.52	6.62	6.25	5.08	4.26	5.99	5.17	4.18	4.28	4.49
Altman Z-Score	1.30	1.27	1.36	1.56	1.56	1.20	1.49	1.80	1.73	1.87
Noncontrolling Interest Sharing Ratio	4.57%	0.99%	0.99%	1.41%	3.00%	4.27%	4.39%	4.22%	3.92%	3.33%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.60	0.79	0.70	0.85	0.86	1.10	1.14	0.86	0.93	1.00
Quick Ratio	0.36	0.41	0.47	0.56	0.57	0.65	0.84	0.57	0.61	0.65
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	488	710	1,712	1,988	2,987	3,474	6,518	3,519	4,970	3,242
Operating Cash Flow to CapEx	180.12%	138.44%	152.41%	150.82%	144.54%	179.88%	394.30%	436.43%	234.77%	179.14%
Free Cash Flow to Firm to Interest Expense	0.51	0.72	1.74	1.81	2.40	2.70	5.08	2.83	3.92	2.40
Operating Cash Flow to Interest Expense	4.16	4.14	4.74	5.59	5.25	4.58	6.64	6.46	5.96	6.00
Operating Cash Flow Less CapEx to Interest Expense	1.85	1.15	1.63	1.88	1.62	2.03	4.95	4.98	3.42	2.65
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.56	0.46	0.55	0.66	0.55	0.43	0.62	0.86	0.71	0.76
Accounts Receivable Turnover	8.45	7.80	7.60	9.11	7.68	5.62	6.92	8.33	6.74	6.61
Inventory Turnover	23.07	13.99	15.12	20.05	14.98	8.29	11.72	19.68	14.57	13.42
Fixed Asset Turnover	0.87	0.70	0.85	0.98	0.82	0.65	0.97	1.35	1.10	1.19
Accounts Payable Turnover	25.77	27.15	35.70	28.91	22.46	22.14	42.44	58.06	36.32	34.80
Days Sales Outstanding (DSO)	43.19	46.78	48.00	40.08	47.53	64.98	52.76	43.79	54.14	55.22
Days Inventory Outstanding (DIO)	15.82	26.09	24.14	18.20	24.37	44.01	31.14	18.55	25.06	27.19
Days Payable Outstanding (DPO)	14.16	13.44	10.22	12.63	16.25	16.49	8.60	6.29	10.05	10.49
Cash Conversion Cycle (CCC)	44.85	59.43	61.91	45.66	55.64	92.50	75.29	56.06	69.14	71.93
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	40,731	43,210	44,969	47,841	50,874	52,161	51,083	53,914	55,361	58,974
Invested Capital Turnover	0.69	0.55	0.66	0.79	0.66	0.53	0.79	1.11	0.91	0.98
Increase / (Decrease) in Invested Capital	2,682	2,479	1,760	2,871	3,033	1,287	-1,078	2,831	1,447	3,613
Enterprise Value (EV)	48,477	54,180	57,922	59,514	69,504	60,763	65,707	71,338	79,469	96,505
Market Capitalization	28,393	33,358	35,857	35,923	43,825	33,362	40,406	44,473	52,285	66,849
Book Value per Share	$10.12	$10.48	$10.47	$10.93	$11.31	$11.13	$11.61	$12.24	$12.74	$13.26
Tangible Book Value per Share	$5.24	$5.91	$6.09	$6.64	$7.11	$7.12	$7.67	$7.84	$8.42	$8.77
Total Capital	43,042	45,964	47,341	50,470	53,453	55,292	56,023	56,046	57,507	61,485
Total Debt	22,541	23,698	24,569	26,178	27,625	29,866	29,535	28,295	28,748	31,896
Total Long-Term Debt	20,677	21,121	21,714	24,678	25,643	28,541	28,135	26,551	27,448	30,746
Net Debt	19,877	20,603	21,839	23,153	24,615	26,278	24,142	25,737	26,098	28,799
Capital Expenditures (CapEx)	2,222	2,938	3,062	4,062	4,511	3,275	2,159	1,842	3,224	4,530
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1,039	437	-4.00	-17	305	1,088	80	-129	97	268
Debt-free Net Working Capital (DFNWC)	-1,004	855	66	393	715	2,246	3,045	77	417	1,106
Net Working Capital (NWC)	-2,868	-1,722	-2,789	-1,107	-1,267	921	1,645	-1,667	-883	-44
Net Nonoperating Expense (NNE)	611	636	616	621	1,333	875	685	735	760	885
Net Nonoperating Obligations (NNO)	20,230	20,944	22,197	23,549	25,047	26,734	24,595	26,163	26,602	29,385
Total Depreciation and Amortization (D&A)	1,516	1,552	1,644	1,792	1,949	2,072	2,140	2,245	2,343	2,473
Debt-free, Cash-free Net Working Capital to Revenue	-3.85%	1.90%	-0.01%	-0.05%	0.93%	4.00%	0.20%	-0.22%	0.20%	0.48%
Debt-free Net Working Capital to Revenue	-3.72%	3.71%	0.23%	1.08%	2.18%	8.26%	7.46%	0.13%	0.84%	1.97%
Net Working Capital to Revenue	-10.61%	-7.48%	-9.54%	-3.03%	-3.86%	3.39%	4.03%	-2.87%	-1.78%	-0.08%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.28	$1.20	$1.30	$1.91	$2.09	$1.71	$2.11	$2.50	$2.52	$2.69
Adjusted Weighted Average Basic Shares Outstanding	2.02B	2.12B	2.16B	2.18B	2.19B	2.18B	2.18B	2.17B	2.17B	2.17B
Adjusted Diluted Earnings per Share	$1.26	$1.20	$1.30	$1.91	$2.09	$1.71	$0.00	$2.50	$2.52	$2.69
Adjusted Weighted Average Diluted Shares Outstanding	2.02B	2.12B	2.16B	2.18B	2.19B	2.18B	2.18B	2.17B	2.17B	2.17B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	2.02B	2.12B	2.16B	2.18B	2.19B	2.18B	2.18B	2.17B	2.17B	2.17B
Normalized Net Operating Profit after Tax (NOPAT)	2,217	3,189	3,472	4,859	5,463	3,226	5,440	6,350	6,417	6,855
Normalized NOPAT Margin	8.20%	13.85%	11.87%	13.30%	16.66%	11.86%	13.33%	10.91%	12.91%	12.19%
Pre Tax Income Margin	9.46%	11.19%	9.85%	11.77%	14.43%	13.83%	11.82%	9.79%	11.47%	10.73%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.27	3.25	3.49	4.44	4.89	3.58	4.30	5.20	5.11	5.13
NOPAT to Interest Expense	3.30	3.25	3.53	4.43	4.84	3.70	4.24	5.10	5.06	5.07
EBIT Less CapEx to Interest Expense	0.96	0.26	0.38	0.74	1.27	1.04	2.62	3.72	2.57	1.78
NOPAT Less CapEx to Interest Expense	0.99	0.26	0.42	0.73	1.21	1.15	2.56	3.62	2.52	1.72
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	117.24%	131.59%	126.74%	90.27%	84.66%	104.19%	86.54%	76.44%	79.71%	84.77%
Augmented Payout Ratio	117.24%	131.59%	126.74%	91.00%	86.39%	108.98%	91.04%	80.89%	83.03%	88.44%

This table displays calculated financial ratios and metrics derived from Enterprise Products Partners' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	42.80%	20.05%	-4.34%	-33.68%	-22.43%	7.12%	18.61%	26.59%	14.81%	-2.88%
EBITDA Growth	13.19%	47.90%	4.52%	-7.87%	0.42%	8.28%	6.33%	11.08%	5.85%	3.66%
EBIT Growth	16.64%	72.73%	5.09%	-11.16%	-1.99%	9.26%	5.52%	13.04%	6.87%	3.38%
NOPAT Growth	16.42%	69.77%	5.99%	-11.86%	-2.07%	12.59%	4.78%	14.08%	7.19%	2.57%
Net Income Growth	17.77%	36.47%	6.84%	-10.90%	-3.02%	10.33%	4.29%	10.83%	6.07%	1.94%
EPS Growth	19.23%	0.00%	6.78%	-10.94%	-3.23%	10.77%	4.76%	12.28%	8.33%	2.78%
Operating Cash Flow Growth	-55.70%	28.18%	-26.20%	-10.24%	63.62%	-13.17%	33.35%	-17.25%	20.61%	-0.34%
Free Cash Flow Firm Growth	-157.44%	-160.60%	487.08%	104,241.03%	162.47%	129.38%	-71.02%	-310.54%	-194.06%	-588.53%
Invested Capital Growth	6.47%	5.54%	1.04%	2.05%	0.87%	2.68%	2.56%	4.36%	4.87%	6.53%
Revenue Q/Q Growth	-3.69%	-11.75%	-8.84%	-14.41%	12.65%	21.87%	0.94%	-8.65%	2.17%	3.09%
EBITDA Q/Q Growth	-2.70%	2.77%	-1.17%	-6.78%	6.05%	10.82%	-2.95%	-2.61%	1.05%	8.53%
EBIT Q/Q Growth	-3.14%	2.99%	-1.39%	-9.69%	6.86%	14.81%	-4.76%	-3.26%	1.02%	11.06%
NOPAT Q/Q Growth	-3.49%	1.55%	0.85%	-10.83%	7.23%	16.76%	-6.15%	-2.91%	0.75%	11.73%
Net Income Q/Q Growth	-3.33%	4.31%	-2.07%	-9.78%	5.22%	18.67%	-7.43%	-4.11%	0.70%	14.04%
EPS Q/Q Growth	-3.13%	4.84%	-3.08%	-9.52%	5.26%	20.00%	-8.33%	-3.03%	1.56%	13.85%
Operating Cash Flow Q/Q Growth	-50.45%	159.52%	-41.91%	20.15%	-9.67%	37.72%	-10.78%	-25.44%	31.64%	13.80%
Free Cash Flow Firm Q/Q Growth	-515,167.86%	28.67%	186.68%	-67.31%	209.11%	-66.46%	-14.48%	-337.47%	-38.10%	-74.19%
Invested Capital Q/Q Growth	1.55%	-0.71%	0.38%	0.82%	0.38%	1.07%	0.27%	2.59%	0.87%	2.67%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	10.71%	12.44%	13.56%	14.21%	13.60%	12.75%	12.10%	12.76%	12.65%	13.56%
EBITDA Margin	13.98%	16.29%	17.66%	19.23%	18.10%	16.46%	15.83%	16.87%	16.69%	17.57%
Operating Margin	10.35%	11.99%	13.10%	13.69%	13.11%	12.35%	11.65%	12.34%	12.20%	13.13%
EBIT Margin	10.38%	12.11%	13.10%	13.82%	13.11%	12.35%	11.65%	12.34%	12.20%	13.15%
Profit (Net Income) Margin	9.00%	10.64%	11.43%	12.05%	11.25%	10.96%	10.05%	10.55%	10.40%	11.50%
Tax Burden Percent	98.72%	98.11%	99.30%	99.00%	98.40%	100.06%	98.60%	98.96%	98.69%	99.39%
Interest Burden Percent	87.85%	89.53%	87.85%	88.04%	87.22%	88.65%	87.44%	86.36%	86.32%	88.00%
Effective Tax Rate	1.28%	1.89%	0.70%	1.00%	1.60%	-0.06%	1.40%	1.04%	1.31%	0.61%
Return on Invested Capital (ROIC)	10.85%	13.03%	13.92%	13.10%	11.53%	11.25%	10.91%	12.02%	12.16%	12.84%
ROIC Less NNEP Spread (ROIC-NNEP)	10.12%	12.43%	13.18%	12.49%	10.79%	10.47%	10.11%	11.19%	11.33%	12.05%
Return on Net Nonoperating Assets (RNNOA)	9.79%	11.63%	12.81%	12.03%	10.31%	9.77%	9.53%	10.76%	10.81%	11.56%
Return on Equity (ROE)	20.64%	24.66%	26.73%	25.12%	21.84%	21.02%	20.43%	22.77%	22.97%	24.40%
Cash Return on Invested Capital (CROIC)	4.54%	6.70%	10.93%	9.54%	10.53%	9.10%	9.32%	7.75%	7.38%	5.67%
Operating Return on Assets (OROA)	8.55%	10.39%	10.97%	10.45%	9.25%	8.83%	8.74%	9.58%	9.54%	9.98%
Return on Assets (ROA)	7.41%	9.13%	9.57%	9.11%	7.93%	7.83%	7.54%	8.19%	8.13%	8.73%
Return on Common Equity (ROCE)	19.77%	23.62%	25.61%	24.11%	20.96%	20.20%	19.72%	22.00%	22.19%	23.58%
Return on Equity Simple (ROE_SIMPLE)	19.84%	0.00%	21.30%	20.59%	20.28%	0.00%	20.66%	20.93%	20.95%	0.00%
Net Operating Profit after Tax (NOPAT)	1,581	1,605	1,619	1,443	1,548	1,807	1,696	1,647	1,659	1,854
NOPAT Margin	10.22%	11.76%	13.01%	13.55%	12.90%	12.36%	11.49%	12.21%	12.04%	13.05%
Net Nonoperating Expense Percent (NNEP)	0.73%	0.60%	0.74%	0.61%	0.74%	0.78%	0.80%	0.82%	0.83%	0.79%
Return On Investment Capital (ROIC_SIMPLE)	-	2.87%	-	-	-	3.14%	-	-	-	3.01%
Cost of Revenue to Revenue	89.29%	87.56%	86.44%	85.79%	86.40%	87.25%	87.90%	87.24%	87.35%	86.44%
SG&A Expenses to Revenue	0.36%	0.45%	0.46%	0.53%	0.49%	0.40%	0.45%	0.42%	0.44%	0.42%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	0.36%	0.45%	0.46%	0.53%	0.49%	0.40%	0.45%	0.42%	0.44%	0.42%
Earnings before Interest and Taxes (EBIT)	1,605	1,653	1,630	1,472	1,573	1,806	1,720	1,664	1,681	1,867
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,163	2,223	2,197	2,048	2,172	2,407	2,336	2,275	2,299	2,495
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.75	1.67	1.92	1.94	2.00	1.89	2.25	2.21	2.19	2.33
Price to Tangible Book Value (P/TBV)	2.76	2.61	2.97	2.99	3.06	2.86	3.39	3.30	3.24	3.52
Price to Revenue (P/Rev)	0.83	0.76	0.89	1.00	1.11	1.05	1.20	1.13	1.09	1.19
Price to Earnings (P/E)	9.07	8.11	9.20	9.62	10.08	9.46	11.12	10.75	10.60	11.34
Dividend Yield	8.73%	9.18%	8.07%	8.03%	7.83%	8.21%	7.00%	7.13%	7.19%	6.74%
Earnings Yield	11.02%	12.34%	10.87%	10.39%	9.92%	10.57%	8.99%	9.30%	9.43%	8.82%
Enterprise Value to Invested Capital (EV/IC)	1.36	1.32	1.45	1.45	1.49	1.44	1.62	1.58	1.58	1.64
Enterprise Value to Revenue (EV/Rev)	1.32	1.23	1.36	1.52	1.67	1.60	1.73	1.64	1.60	1.72
Enterprise Value to EBITDA (EV/EBITDA)	9.26	8.19	8.91	9.19	9.45	9.01	10.02	9.81	9.74	10.26
Enterprise Value to EBIT (EV/EBIT)	12.82	11.03	11.98	12.48	12.90	12.26	13.67	13.34	13.21	13.92
Enterprise Value to NOPAT (EV/NOPAT)	13.00	11.23	12.17	12.70	13.14	12.38	13.83	13.47	13.33	14.08
Enterprise Value to Operating Cash Flow (EV/OCF)	9.94	8.87	10.49	10.93	10.30	10.50	11.09	11.61	11.17	11.89
Enterprise Value to Free Cash Flow (EV/FCFF)	30.92	20.27	13.33	15.40	14.22	15.99	17.59	20.88	21.92	29.76
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.06	1.02	1.02	1.02	1.02	1.00	1.03	1.05	1.09	1.08
Long-Term Debt to Equity	0.97	0.96	0.98	0.98	0.97	0.95	0.99	0.98	1.05	1.04
Financial Leverage	0.97	0.94	0.97	0.96	0.96	0.93	0.94	0.96	0.95	0.96
Leverage Ratio	2.54	2.50	2.52	2.51	2.48	2.46	2.46	2.48	2.52	2.54
Compound Leverage Factor	2.23	2.24	2.21	2.21	2.16	2.18	2.15	2.15	2.18	2.23
Debt to Total Capital	51.51%	50.49%	50.60%	50.51%	50.56%	49.99%	50.78%	51.30%	52.25%	51.88%
Short-Term Debt to Total Capital	4.68%	3.11%	2.03%	2.12%	2.57%	2.26%	1.98%	3.47%	1.88%	1.87%
Long-Term Debt to Total Capital	46.83%	47.37%	48.57%	48.39%	47.99%	47.73%	48.80%	47.84%	50.37%	50.01%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.01%	2.01%	1.98%	1.97%	1.96%	1.89%	1.46%	1.37%	1.32%	1.39%
Common Equity to Total Capital	46.48%	47.50%	47.41%	47.52%	47.48%	48.12%	47.75%	47.33%	46.43%	46.73%
Debt to EBITDA	3.65	3.25	3.25	3.32	3.35	3.26	3.28	3.30	3.42	3.39
Net Debt to EBITDA	3.33	2.95	2.95	3.02	3.04	2.96	2.98	3.00	3.00	3.06
Long-Term Debt to EBITDA	3.32	3.05	3.12	3.18	3.18	3.11	3.16	3.08	3.30	3.27
Debt to NOPAT	5.13	4.46	4.44	4.59	4.65	4.48	4.53	4.53	4.69	4.65
Net Debt to NOPAT	4.67	4.05	4.03	4.17	4.23	4.07	4.12	4.12	4.11	4.20
Long-Term Debt to NOPAT	4.66	4.18	4.26	4.39	4.42	4.28	4.36	4.22	4.52	4.49
Altman Z-Score	1.54	1.57	1.70	1.61	1.54	1.51	1.66	1.63	1.65	1.65
Noncontrolling Interest Sharing Ratio	4.21%	4.22%	4.16%	4.02%	4.06%	3.92%	3.49%	3.39%	3.36%	3.33%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.86	0.86	0.93	0.91	0.92	0.93	0.93	0.91	1.07	1.00
Quick Ratio	0.54	0.57	0.64	0.59	0.57	0.61	0.60	0.59	0.72	0.65
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,719	-1,226	1,063	347	1,074	360	308	-731	-1,010	-1,759
Operating Cash Flow to CapEx	225.32%	413.51%	243.16%	245.10%	209.51%	242.17%	202.01%	124.92%	177.25%	223.30%
Free Cash Flow to Firm to Interest Expense	-5.56	-3.99	3.38	1.15	3.27	1.11	0.93	-2.20	-2.94	-5.08
Operating Cash Flow to Interest Expense	3.40	8.88	5.04	6.30	5.24	7.28	6.38	4.74	6.04	6.82
Operating Cash Flow Less CapEx to Interest Expense	1.89	6.73	2.97	3.73	2.74	4.27	3.22	0.95	2.63	3.76
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.82	0.86	0.84	0.76	0.71	0.71	0.75	0.78	0.78	0.76
Accounts Receivable Turnover	8.70	8.33	7.36	7.16	7.14	6.74	7.31	7.42	7.49	6.61
Inventory Turnover	15.82	19.68	20.99	15.93	12.95	14.57	16.59	16.35	14.86	13.42
Fixed Asset Turnover	1.29	1.35	1.30	1.17	1.09	1.10	1.14	1.19	1.21	1.19
Accounts Payable Turnover	56.95	58.06	58.36	45.12	41.81	36.32	39.91	40.82	40.43	34.80
Days Sales Outstanding (DSO)	41.97	43.79	49.58	50.98	51.15	54.14	49.93	49.20	48.75	55.22
Days Inventory Outstanding (DIO)	23.07	18.55	17.39	22.91	28.18	25.06	22.00	22.32	24.56	27.19
Days Payable Outstanding (DPO)	6.41	6.29	6.25	8.09	8.73	10.05	9.15	8.94	9.03	10.49
Cash Conversion Cycle (CCC)	58.62	56.06	60.72	65.79	70.60	69.14	62.78	62.57	64.28	71.93
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	54,299	53,914	54,121	54,567	54,773	55,361	55,509	56,945	57,442	58,974
Invested Capital Turnover	1.06	1.11	1.07	0.97	0.89	0.91	0.95	0.98	1.01	0.98
Increase / (Decrease) in Invested Capital	3,299	2,831	556	1,096	474	1,447	1,388	2,378	2,669	3,613
Enterprise Value (EV)	73,958	71,338	78,426	79,348	81,634	79,469	89,821	90,198	90,739	96,505
Market Capitalization	46,226	44,473	51,331	52,190	54,248	52,285	62,243	61,778	61,966	66,849
Book Value per Share	$12.09	$12.24	$12.34	$12.39	$12.50	$12.74	$12.75	$12.89	$13.06	$13.26
Tangible Book Value per Share	$7.68	$7.84	$7.95	$8.03	$8.16	$8.42	$8.45	$8.62	$8.81	$8.77
Total Capital	56,691	56,046	56,496	56,718	57,187	57,507	57,960	59,135	61,063	61,485
Total Debt	29,202	28,295	28,588	28,647	28,916	28,748	29,434	30,338	31,905	31,896
Total Long-Term Debt	26,548	26,551	27,439	27,443	27,446	27,448	28,285	28,289	30,756	30,746
Net Debt	26,591	25,737	25,974	26,038	26,265	26,098	26,729	27,612	27,964	28,799
Capital Expenditures (CapEx)	466	659	651	776	820	977	1,045	1,260	1,169	1,056
Debt-free, Cash-free Net Working Capital (DFCFNWC)	584	-129	150	-78	113	97	-172	259	457	268
Debt-free Net Working Capital (DFNWC)	839	77	426	199	427	417	212	693	2,130	1,106
Net Working Capital (NWC)	-1,815	-1,667	-723	-1,005	-1,043	-883	-937	-1,356	981	-44
Net Nonoperating Expense (NNE)	189	153	197	160	198	205	213	225	227	221
Net Nonoperating Obligations (NNO)	26,810	26,163	26,213	26,496	26,502	26,602	26,983	28,148	28,284	29,385
Total Depreciation and Amortization (D&A)	558	570	567	576	599	601	616	611	618	628
Debt-free, Cash-free Net Working Capital to Revenue	1.04%	-0.22%	0.26%	-0.15%	0.23%	0.20%	-0.33%	0.47%	0.81%	0.48%
Debt-free Net Working Capital to Revenue	1.50%	0.13%	0.74%	0.38%	0.88%	0.84%	0.41%	1.26%	3.76%	1.97%
Net Working Capital to Revenue	-3.25%	-2.87%	-1.25%	-1.92%	-2.14%	-1.78%	-1.80%	-2.47%	1.73%	-0.08%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.62	$0.65	$0.63	$0.57	$0.60	$0.72	$0.66	$0.64	$0.65	$0.74
Adjusted Weighted Average Basic Shares Outstanding	2.18B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B
Adjusted Diluted Earnings per Share	$0.62	$0.65	$0.63	$0.57	$0.60	$0.72	$0.66	$0.64	$0.65	$0.74
Adjusted Weighted Average Diluted Shares Outstanding	2.18B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	2.18B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B	2.17B
Normalized Net Operating Profit after Tax (NOPAT)	1,581	1,605	1,619	1,443	1,548	1,264	1,696	1,647	1,659	1,854
Normalized NOPAT Margin	10.22%	11.76%	13.01%	13.55%	12.90%	8.65%	11.49%	12.21%	12.04%	13.05%
Pre Tax Income Margin	9.12%	10.84%	11.51%	12.17%	11.44%	10.95%	10.19%	10.66%	10.53%	11.57%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.19	5.38	5.19	4.87	4.80	5.56	5.20	5.01	4.90	5.40
NOPAT to Interest Expense	5.12	5.23	5.15	4.78	4.72	5.56	5.12	4.96	4.84	5.36
EBIT Less CapEx to Interest Expense	3.69	3.24	3.12	2.30	2.30	2.55	2.04	1.22	1.49	2.34
NOPAT Less CapEx to Interest Expense	3.61	3.08	3.08	2.21	2.22	2.55	1.97	1.16	1.43	2.31
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	80.95%	76.44%	76.15%	79.40%	81.08%	79.71%	86.55%	85.01%	84.43%	84.77%
Augmented Payout Ratio	85.38%	80.89%	80.83%	84.93%	85.35%	83.03%	90.24%	88.01%	88.67%	88.44%

Frequently Asked Questions About Enterprise Products Partners' Financials

When does Enterprise Products Partners's financial year end?

According to the most recent income statement we have on file, Enterprise Products Partners' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Enterprise Products Partners' net income changed over the last 9 years?

Enterprise Products Partners' net income appears to be on an upward trend, with a most recent value of $5.97 billion in 2024, rising from $2.56 billion in 2015. The previous period was $5.66 billion in 2023. See where experts think Enterprise Products Partners is headed by visiting Enterprise Products Partners' forecast page.

What is Enterprise Products Partners's operating income?

Enterprise Products Partners's total operating income in 2024 was $6.93 billion, based on the following breakdown:

Total Gross Profit: $7.17 billion
Total Operating Expenses: $244 million

How has Enterprise Products Partners revenue changed over the last 9 years?

Over the last 9 years, Enterprise Products Partners' total revenue changed from $27.03 billion in 2015 to $56.22 billion in 2024, a change of 108.0%.

How much debt does Enterprise Products Partners have?

Enterprise Products Partners' total liabilities were at $47.58 billion at the end of 2024, a 12.7% increase from 2023, and a 68.1% increase since 2015.

How much cash does Enterprise Products Partners have?

In the past 9 years, Enterprise Products Partners' cash and equivalents has ranged from $5.10 million in 2017 to $2.82 billion in 2021, and is currently $583 million as of their latest financial filing in 2024.

How has Enterprise Products Partners' book value per share changed over the last 9 years?

Over the last 9 years, Enterprise Products Partners' book value per share changed from 10.12 in 2015 to 13.26 in 2024, a change of 31.0%.

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This page (NYSE:EPD) was last updated on 5/5/2025 by MarketBeat.com Staff

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Enterprise Products Partners (EPD) Financials

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