(EPD) Enterprise Products Partners - Overview
Stock: NGL, Crude, Gas, Petrochemical
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 6.98% |
| Yield on Cost 5y | 14.65% |
| Yield CAGR 5y | 4.66% |
| Payout Consistency | 99.0% |
| Payout Ratio | 81.2% |
| Risk 5d forecast | |
|---|---|
| Volatility | 22.9% |
| Relative Tail Risk | 2.35% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.59 |
| Alpha | 4.35 |
| Character TTM | |
|---|---|
| Beta | 0.408 |
| Beta Downside | 0.691 |
| Drawdowns 3y | |
|---|---|
| Max DD | 15.40% |
| CAGR/Max DD | 1.17 |
Description: EPD Enterprise Products Partners January 29, 2026
Enterprise Products Partners L.P. (NYSE: EPD) is a U.S.-based midstream operator that moves, stores, and processes natural gas, NGLs, crude oil, refined products, and petrochemicals. Its business is organized into four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.
In the most recent quarter (Q4 2024), EPD reported adjusted EBITDA of **$2.3 billion** and total revenue of **$13.5 billion**, reflecting a 6 % YoY increase driven largely by higher NGL processing volumes and stronger fee-based contracts. Utilization rates across its core pipelines are near historic highs-**85 %** for NGL pipelines and **78 %** for natural-gas pipelines-while underground salt-dome storage inventories sit at roughly **70 %** of capacity, indicating ample headroom for seasonal demand spikes.
Key economic drivers for the company include: (1) the widening **NGL price spread** (NGLs trading ~ $2.10 per MMBtu above Henry Hub in early 2025), which boosts processing margins; (2) **crude-oil price volatility**, which underpins demand for EPD’s flexible storage and truck-fleet services; and (3) sustained growth in **U.S. petrochemical demand**, especially for propylene and isobutylene, supporting the utilization of its dehydrogenation and fractionation assets. The broader midstream sector is operating at an average **78 % capacity utilization** (S&P Global, 2025), a level that historically correlates with higher fee-based earnings for diversified operators like EPD.
For a deeper, data-rich view of how these fundamentals translate into valuation metrics, a quick look at ValueRay’s analyst toolkit can help you spot any pricing gaps.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 5.80b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -2.32 > 1.0 |
| NWC/Revenue: -3.45% < 20% (prev -0.08%; Δ -3.37% < -1%) |
| CFO/TA 0.08 > 3% & CFO 6.11b > Net Income 5.80b |
| Net Debt (34.37b) to EBITDA (9.92b): 3.46 < 3 |
| Current Ratio: 0.88 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.19b) vs 12m ago -0.23% < -2% |
| Gross Margin: 13.62% > 18% (prev 0.13%; Δ 1350 % > 0.5%) |
| Asset Turnover: 67.87% > 50% (prev 72.85%; Δ -4.98% > 0%) |
| Interest Coverage Ratio: 5.21 > 6 (EBITDA TTM 9.92b / Interest Expense TTM 1.40b) |
What is the price of EPD shares?
Over the past week, the price has changed by +5.18%, over one month by +11.83%, over three months by +14.57% and over the past year by +13.76%.
Is EPD a buy, sell or hold?
- StrongBuy: 9
- Buy: 4
- Hold: 6
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the EPD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 36.6 | 4.8% |
| Analysts Target Price | 36.6 | 4.8% |
| ValueRay Target Price | 42.5 | 21.7% |
EPD Fundamental Data Overview February 07, 2026
P/E Forward = 12.5471
P/S = 1.4442
P/B = 2.5981
P/EG = 2.0171
Revenue TTM = 52.60b USD
EBIT TTM = 7.30b USD
EBITDA TTM = 9.92b USD
Long Term Debt = 31.11b USD (from longTermDebt, two quarters ago)
Short Term Debt = 2.56b USD (from shortTermDebt, two quarters ago)
Debt = 34.37b USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = 34.37b USD (using Total Debt 34.37b, CCE unavailable)
Enterprise Value = 110.33b USD (75.96b + Debt 34.37b - (null CCE))
Interest Coverage Ratio = 5.21 (Ebit TTM 7.30b / Interest Expense TTM 1.40b)
EV/FCF = 61.50x (Enterprise Value 110.33b / FCF TTM 1.79b)
FCF Yield = 1.63% (FCF TTM 1.79b / Enterprise Value 110.33b)
FCF Margin = 3.41% (FCF TTM 1.79b / Revenue TTM 52.60b)
Net Margin = 11.03% (Net Income TTM 5.80b / Revenue TTM 52.60b)
Gross Margin = 13.62% ((Revenue TTM 52.60b - Cost of Revenue TTM 45.43b) / Revenue TTM)
Gross Margin QoQ = 14.51% (prev 13.78%)
Tobins Q-Ratio = 1.42 (Enterprise Value 110.33b / Total Assets 77.82b)
Interest Expense / Debt = 1.09% (Interest Expense 375.0m / Debt 34.37b)
Taxrate = 0.24% (4.00m / 1.66b)
NOPAT = 7.28b (EBIT 7.30b * (1 - 0.24%))
Current Ratio = 0.88 (Total Current Assets 13.24b / Total Current Liabilities 15.05b)
Debt / Equity = 1.18 (Debt 34.37b / totalStockholderEquity, two quarters ago 29.21b)
Debt / EBITDA = 3.46 (Net Debt 34.37b / EBITDA 9.92b)
Debt / FCF = 19.16 (Net Debt 34.37b / FCF TTM 1.79b)
Total Stockholder Equity = 28.98b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.49% (Net Income 5.80b / Total Assets 77.82b)
RoE = 20.02% (Net Income TTM 5.80b / Total Stockholder Equity 28.98b)
RoCE = 12.15% (EBIT 7.30b / Capital Employed (Equity 28.98b + L.T.Debt 31.11b))
RoIC = 11.80% (NOPAT 7.28b / Invested Capital 61.69b)
WACC = 5.45% (E(75.96b)/V(110.33b) * Re(7.42%) + D(34.37b)/V(110.33b) * Rd(1.09%) * (1-Tc(0.00)))
Discount Rate = 7.42% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -0.16%
[DCF Debug] Terminal Value 84.77% ; FCFF base≈2.50b ; Y1≈2.17b ; Y5≈1.72b
Fair Price DCF = 8.34 (EV 52.40b - Net Debt 34.37b = Equity 18.03b / Shares 2.16b; r=5.90% [WACC]; 5y FCF grow -16.29% → 2.90% )
EPS Correlation: 53.20 | EPS CAGR: 6.75% | SUE: 1.54 | # QB: 1
Revenue Correlation: -15.50 | Revenue CAGR: 1.57% | SUE: 0.40 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.68 | Chg30d=+0.007 | Revisions Net=-1 | Analysts=2
EPS current Year (2026-12-31): EPS=2.76 | Chg30d=-0.102 | Revisions Net=-2 | Growth EPS=+3.1% | Growth Revenue=+0.2%
EPS next Year (2027-12-31): EPS=3.06 | Chg30d=+0.041 | Revisions Net=-1 | Growth EPS=+10.8% | Growth Revenue=+6.7%