Enterprise Products Partners L.P. (EPD) stock
EPDNYSENatural Gas TransmissionFiscal year ends December 31Also trades as EPDU
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 10/303% above fair value
$37.40+0.24 (+0.65%)
Close on Nov 12, 2026Market cap $80.76BP/E 12.5Yield –
Enterprise Products Partners L.P. operating margin
Operating margin is operating income as a percentage of revenue.
Enterprise Products Partners L.P.'s operating margin for the twelve months ending Sep 30, 2026 was 12.7%. For fiscal 2025 it was 13.8%, against 13.1% the year before. The highest annual figure on record is 18.5% in fiscal 2019.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 13.8% | +0.8 |
| FY2024 | Dec 31, 2024 | 13.1% | −0.9 |
| FY2023 | Dec 31, 2023 | 13.9% | +2.1 |
| FY2022 | Dec 31, 2022 | 11.9% | −3.1 |
| FY2021 | Dec 31, 2021 | 15.0% | −3.6 |
| FY2020 | Dec 31, 2020 | 18.5% | −0.0 |
| FY2019 | Dec 31, 2019 | 18.5% | +3.7 |
| FY2018 | Dec 31, 2018 | 14.8% | +1.4 |
| FY2017 | Dec 31, 2017 | 13.4% | −2.1 |
| FY2016 | Dec 31, 2016 | 15.6% | +2.5 |
| FY2015 | Dec 31, 2015 | 13.1% | +5.2 |
| FY2014 | Dec 31, 2014 | 7.9% | +0.6 |
| FY2013 | Dec 31, 2013 | 7.3% | −0.0 |
| FY2012 | Dec 31, 2012 | 7.3% | +0.8 |
| FY2011 | Dec 31, 2011 | 6.5% | +0.1 |
| FY2010 | Dec 31, 2010 | 6.4% | −0.9 |
| FY2009 | Dec 31, 2009 | 7.3% | +2.3 |
| FY2008 | Dec 31, 2008 | 5.0% | +0.5 |
| FY2007 | Dec 31, 2007 | 4.5% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 11.1% | −2.9 |
| Q2 FY2026 | Jun 30, 2026 | 12.3% | −3.5 |
| Q1 FY2026 | Mar 31, 2026 | 13.2% | +1.8 |
| Q4 FY2025 | Dec 31, 2025 | 14.7% | +0.8 |
| Q3 FY2025 | Sep 30, 2025 | 14.0% | +1.1 |
| Q2 FY2025 | Jun 30, 2025 | 15.8% | +2.7 |
| Q1 FY2025 | Mar 31, 2025 | 11.4% | −0.9 |
| Q4 FY2024 | Dec 31, 2024 | 13.9% | +0.7 |
| Q3 FY2024 | Sep 30, 2024 | 12.9% | −1.2 |
| Q2 FY2024 | Jun 30, 2024 | 13.1% | −1.7 |
| Q1 FY2024 | Mar 31, 2024 | 12.3% | −1.6 |
| Q4 FY2023 | Dec 31, 2023 | 13.1% | +0.2 |
| Q3 FY2023 | Sep 30, 2023 | 14.1% | +3.1 |
| Q2 FY2023 | Jun 30, 2023 | 14.8% | +3.8 |
| Q1 FY2023 | Mar 31, 2023 | 13.9% | +1.1 |
| Q4 FY2022 | Dec 31, 2022 | 12.9% | +0.6 |
| Q3 FY2022 | Sep 30, 2022 | 11.1% | −2.9 |
| Q2 FY2022 | Jun 30, 2022 | 11.0% | −4.8 |
| Q1 FY2022 | Mar 31, 2022 | 12.8% | −5.7 |
| Q4 FY2021 | Dec 31, 2021 | 12.3% | +2.3 |
| Q3 FY2021 | Sep 30, 2021 | 14.0% | −6.0 |
| Q2 FY2021 | Jun 30, 2021 | 15.8% | −9.2 |
| Q1 FY2021 | Mar 31, 2021 | 18.5% | −1.6 |
| Q4 FY2020 | Dec 31, 2020 | 10.1% | −7.7 |
| Q3 FY2020 | Sep 30, 2020 | 20.0% | +1.5 |
| Q2 FY2020 | Jun 30, 2020 | 25.0% | +6.1 |
| Q1 FY2020 | Mar 31, 2020 | 20.1% | +1.1 |
| Q4 FY2019 | Dec 31, 2019 | 17.7% | −0.2 |
| Q3 FY2019 | Sep 30, 2019 | 18.5% | +1.4 |
| Q2 FY2019 | Jun 30, 2019 | 18.9% | +7.2 |
| Q1 FY2019 | Mar 31, 2019 | 19.0% | +6.8 |
| Q4 FY2018 | Dec 31, 2018 | 17.9% | +5.1 |
| Q3 FY2018 | Sep 30, 2018 | 17.1% | +4.4 |
| Q2 FY2018 | Jun 30, 2018 | 11.6% | −2.6 |
| Q1 FY2018 | Mar 31, 2018 | 12.2% | −1.8 |
| Q4 FY2017 | Dec 31, 2017 | 12.8% | −1.4 |
| Q3 FY2017 | Sep 30, 2017 | 12.8% | – |
| Q2 FY2017 | Jun 30, 2017 | 14.2% | – |
| Q1 FY2017 | Mar 31, 2017 | 14.1% | – |
| Q4 FY2016 | Dec 31, 2016 | 14.2% | – |
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