Enterprise Products Partners L.P. (EPD)
Enterprise Products Partners L.P. brought in $58.5B of revenue over the twelve months to June 30, 2026, up 6.8% from a year earlier. Net income was $6.3B, a net margin of 10.8%. Operating cash flow minus capital spending left $3B of free cash flow in fiscal 2025. At June 30, 2026 it held $246M in cash against $33.2B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 7, 2026.
Watch EPD in 60 secondsWhat Enterprise Products Partners L.P. does
Enterprise Products Partners provides midstream energy infrastructure services for natural gas, natural gas liquids, crude oil, and petrochemicals. It operates gathering pipelines, storage terminals, processing plants, and marine export docks used by oil and gas producers, refiners, and chemical manufacturers. Its shares trade on NYSE under the ticker EPD.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $52.6B | $5.8B | n/a | $3B |
| 2024 | $56.2B | $5.9B | n/a | $3.6B |
| 2023 | $49.7B | $5.5B | n/a | $4.3B |
| 2022 | $58.2B | $5.5B | n/a | $6.1B |
| 2021 | $40.8B | $4.6B | n/a | $6.3B |
| 2020 | $27.2B | $3.8B | n/a | $2.6B |
Full financial statements: income, balance sheet and cash flow
Where EPD ranks in Utilities
Latest SEC filings
What Enterprise Products Partners L.P. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 23, 2026
- August 21, 2026
- August 7, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 61% to $18.3B versus the same quarter last year; net income rose 28% to $1.8B.
- July 30, 2026
- July 1, 2026
- May 7, 2026Quarterly report 10-Q · period to March 31, 2026Revenue fell 6.7% to $14.4B versus the same quarter last year; net income rose 6.4% to $1.5B.
- April 28, 2026
- March 27, 2026
- February 27, 2026Annual report 10-K · period to December 31, 2025Revenue fell 6.4% to $52.6B versus the prior year; net income fell 1.5% to $5.8B.
- February 3, 2026
What is EPD worth? A DCF from its reported cash flow
Insider trades
What the people running Enterprise Products Partners L.P. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| March 20, 2026 | Teague AjCO-CHIEF EXECUTIVE OFFICER, Director | Boughtindirect | 2,665 | $100.1K |
| February 16, 2026 | Bachmann Richard HDirector | Exercised options | 83,500 | - |
| February 16, 2026 | Bachmann Richard HDirector | Shares withheld for tax | 32,858 | $1.2M |
| February 16, 2026 | Fowler W RandallCO-CHIEF EXECUTIVE OFFICER, Director | Exercised options | 66,250 | - |
| February 16, 2026 | Fowler W RandallCO-CHIEF EXECUTIVE OFFICER, Director | Shares withheld for tax | 26,070 | $958.1K |
| February 16, 2026 | Fowler W RandallCO-CHIEF EXECUTIVE OFFICER, Director | Exercised options | 75,000 | - |
| February 16, 2026 | Fowler W RandallCO-CHIEF EXECUTIVE OFFICER, Director | Shares withheld for tax | 29,513 | $1.1M |
| February 16, 2026 | Fowler W RandallCO-CHIEF EXECUTIVE OFFICER, Director | Exercised options | 77,500 | - |
| February 16, 2026 | Fowler W RandallCO-CHIEF EXECUTIVE OFFICER, Director | Shares withheld for tax | 30,497 | $1.1M |
| February 16, 2026 | Fowler W RandallCO-CHIEF EXECUTIVE OFFICER, Director | Exercised options | 68,750 | - |
| February 16, 2026 | Fowler W RandallCO-CHIEF EXECUTIVE OFFICER, Director | Shares withheld for tax | 27,054 | $994.2K |
| February 16, 2026 | Teague AjCO-CHIEF EXECUTIVE OFFICER, Director | Exercised options | 66,250 | - |
| February 16, 2026 | Teague AjCO-CHIEF EXECUTIVE OFFICER, Director | Shares withheld for tax | 26,070 | $958.1K |
| February 16, 2026 | Teague AjCO-CHIEF EXECUTIVE OFFICER, Director | Exercised options | 75,000 | - |
| February 16, 2026 | Teague AjCO-CHIEF EXECUTIVE OFFICER, Director | Shares withheld for tax | 29,513 | $1.1M |
Who owns EPD
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Randa Duncan Williams13D, may seek influence with 5 related filers | 32.4% | April 1, 2025 |
Largest institutional holders
Insiders
15 insiders reported holding 11,197,370 shares in total, about $410.4M at the last price.
| Holder | Shares |
|---|---|
| Teague AjCO-CHIEF EXECUTIVE OFFICER, Director | 3,160,80277,576 held indirectly |
| Bachmann Richard HDirector | 2,270,826 |
| Fowler W RandallCO-CHIEF EXECUTIVE OFFICER, Director | 1,804,490 |
| Williams Randa DuncanDirector, 10% owner | 1,417,390 |
| Bacon Graham W.EXECUTIVE VICE PRESIDENT & COO | 676,476 |
| Boss DanielEXECUTIVE VICE PRESIDENT & CFO | 349,048 |
| Nelly Christian M.EVP-FIN/SUSTAIN. AND TREASURER | 320,278 |
| Weitzel HarryEVP, GENERAL COUNSEL & SEC, Director | 315,348 |
| Hackett James TDirector | 266,155 |
| Rutherford John RDirector | 176,146 |
Questions about EPD
What does Enterprise Products Partners L.P. do?
Enterprise Products Partners provides midstream energy infrastructure services for natural gas, natural gas liquids, crude oil, and petrochemicals. It operates gathering pipelines, storage terminals, processing plants, and marine export docks used by oil and gas producers, refiners, and chemical manufacturers. Its shares trade on NYSE under the ticker EPD.
Is Enterprise Products Partners L.P. profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $6.3B on revenue of $58.5B, a net margin of 10.8%.
How much revenue does Enterprise Products Partners L.P. make?
Over the twelve months to June 30, 2026 Enterprise Products Partners L.P. reported revenue of $58.5B. That is 6.8% more than a year earlier.
When did Enterprise Products Partners L.P. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 7, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the conflict minerals disclosure from September 23, 2026.
Similar companies
Compare EPD with
Follow EPD
Get an email when Enterprise Products Partners L.P. files with the SEC: results, executive changes, material agreements and annual reports.
Follow EPD: get an email when it filesWhere the numbers come from
Financial figures are the values Enterprise Products Partners L.P. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.