Enterprise Products Partners L.P. (EPD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 14.39B | 13.79B | 12.02B | 11.36B | 15.42B | 14.2B | 13.78B | 13.48B | 14.76B | 14.62B | 12B | 10.65B | 12.44B | 13.65B | 15.47B | 16.06B | 13.01B | 11.37B | 10.83B | 9.45B |
| Revenue Growth % | -6.69% | -2.87% | -12.72% | -15.72% | 4.45% | -2.88% | 14.81% | 26.59% | 18.61% | 7.12% | -22.43% | -33.68% | -4.34% | 20.05% | 42.8% | 69.95% | 42.09% | 61.41% | 56.49% | 64.32% |
| Cost of Goods Sold | 12.5B | 11.79B | 10.37B | 9.59B | 13.68B | 12.28B | 12.01B | 11.76B | 12.95B | 12.77B | 10.36B | 9.13B | 10.74B | 11.96B | 13.78B | 14.34B | 11.38B | 9.94B | 9.38B | 8.05B |
| COGS % of Revenue | 86.91% | 85.49% | 86.22% | 84.41% | 88.73% | 86.45% | 87.16% | 87.21% | 87.76% | 87.31% | 86.31% | 85.76% | 86.34% | 87.61% | 89.11% | 89.27% | 87.51% | 87.46% | 86.6% | 85.17% |
| Gross Profit | 1.88B | 2B | 1.66B | 1.77B | 1.74B | 1.92B | 1.77B | 1.73B | 1.81B | 1.86B | 1.64B | 1.52B | 1.7B | 1.69B | 1.69B | 1.72B | 1.63B | 1.43B | 1.45B | 1.4B |
| Gross Margin % | 13.09% | 14.51% | 13.78% | 15.59% | 11.27% | 13.55% | 12.84% | 12.79% | 12.24% | 12.69% | 13.69% | 14.24% | 13.66% | 12.39% | 10.89% | 10.73% | 12.49% | 12.54% | 13.4% | 14.83% |
| Gross Profit Growth % | 8.41% | 4% | -6.33% | 2.67% | -3.82% | 3.66% | 7.67% | 13.71% | 6.24% | 9.76% | -2.49% | -12.01% | 4.62% | 18.58% | 16.05% | 23.05% | -2.58% | -3.04% | 1.69% | 0.62% |
| Operating Expenses | 64M | 62M | -29M | 68M | -24M | -47M | -11M | -40M | -16M | -65M | -52M | -62M | -34M | -74M | -27M | -40M | -41M | 23M | -61M | -91M |
| OpEx % of Revenue | 0.44% | 0.45% | -0.24% | 0.6% | -0.16% | -0.33% | -0.08% | -0.3% | -0.11% | -0.44% | -0.43% | -0.58% | -0.27% | -0.54% | -0.17% | -0.25% | -0.32% | 0.2% | -0.56% | -0.96% |
| Selling, General & Admin | 64M | 62M | 61M | 68M | 60M | 60M | 61M | 57M | 66M | 57M | 59M | 56M | 57M | 62M | 55M | 62M | 62M | 54M | 47M | 52M |
| SG&A % of Revenue | 0.44% | 0.45% | 0.51% | 0.6% | 0.39% | 0.42% | 0.44% | 0.42% | 0.45% | 0.39% | 0.49% | 0.53% | 0.46% | 0.45% | 0.36% | 0.39% | 0.48% | 0.47% | 0.43% | 0.55% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | -1000K | 0 | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Operating Income | 1.82B | 1.94B | 1.69B | 1.7B | 1.76B | 1.97B | 1.78B | 1.76B | 1.82B | 1.92B | 1.7B | 1.58B | 1.73B | 1.76B | 1.71B | 1.76B | 1.67B | 1.4B | 1.51B | 1.49B |
| Operating Margin % | 12.64% | 14.06% | 14.02% | 14.99% | 11.42% | 13.88% | 12.92% | 13.09% | 12.34% | 13.14% | 14.13% | 14.82% | 13.93% | 12.93% | 11.07% | 10.98% | 12.81% | 12.34% | 13.97% | 15.79% |
| Operating Income Growth % | 3.29% | -1.62% | -5.28% | -3.51% | -3.35% | 2.6% | 5.01% | 11.78% | 5.08% | 8.84% | -0.99% | -10.49% | 4.08% | 25.8% | 13.15% | 18.23% | -1.71% | 98.11% | 9.44% | 3.83% |
| EBITDA | 2.52B | 2.7B | 2.35B | 2.35B | 2.32B | 2.53B | 2.33B | 2.31B | 2.36B | 2.46B | 2.23B | 2.08B | 2.23B | 2.27B | 2.2B | 2.26B | 2.15B | 1.88B | 1.98B | 1.95B |
| EBITDA Margin % | 17.52% | 19.55% | 19.51% | 20.65% | 15.07% | 17.82% | 16.93% | 17.13% | 15.99% | 16.8% | 18.54% | 19.58% | 17.95% | 16.64% | 14.24% | 14.08% | 16.49% | 16.56% | 18.32% | 20.67% |
| EBITDA Growth % | 8.43% | 6.52% | 0.6% | 1.6% | -1.53% | 3.01% | 4.81% | 10.74% | 5.64% | 8.19% | 1% | -7.82% | 4.15% | 20.6% | 11.04% | 15.82% | -0.56% | 52.48% | 8% | 2.76% |
| D&A (Non-Cash Add-back) | 701M | 757M | 660M | 643M | 563M | 560M | 552M | 544M | 538M | 536M | 530M | 506M | 500M | 506M | 491M | 498M | 479M | 480.1M | 471M | 461M |
| EBIT | 1.9B | 2.03B | 1.7B | 1.8B | 1.77B | 1.99B | 1.8B | 1.77B | 1.84B | 1.93B | 1.7B | 1.6B | 1.75B | 1.79B | 1.72B | 1.77B | 1.67B | 1.41B | 1.51B | 1.49B |
| Net Interest Income | -378M | -368M | -345M | -326M | -332M | -330M | -329M | -328M | -318M | -320M | -323M | -297M | -302M | -302M | -306M | -307M | -318M | -326.2M | -315M | -315M |
| Interest Income | 9M | 9M | 9M | 6M | 9M | 17M | 16M | 5M | 15M | 7M | 5M | 8M | 12M | 5M | 3M | 2M | 1M | 2M | 900K | 700K |
| Interest Expense | 387M | 377M | 354M | 332M | 341M | 347M | 345M | 333M | 333M | 327M | 328M | 305M | 314M | 307M | 309M | 309M | 319M | 328.2M | 315.9M | 316.1M |
| Other Income/Expense | -301M | -283M | -343M | -233M | -331M | -325M | -330M | -330M | -318M | -317M | -324M | -285M | -302M | -285M | -302M | -307M | -316M | -326M | -315M | -315M |
| Pretax Income | 1.52B | 1.66B | 1.34B | 1.47B | 1.43B | 1.65B | 1.45B | 1.44B | 1.5B | 1.6B | 1.37B | 1.29B | 1.43B | 1.48B | 1.41B | 1.46B | 1.35B | 1.08B | 1.2B | 1.18B |
| Pretax Margin % | 10.55% | 12.01% | 11.17% | 12.94% | 9.28% | 11.59% | 10.53% | 10.64% | 10.19% | 10.97% | 11.43% | 12.15% | 11.51% | 10.84% | 9.12% | 9.07% | 10.38% | 9.47% | 11.06% | 12.46% |
| Income Tax | 22M | 4M | -13M | 16M | 24M | 10M | 19M | 15M | 21M | -1M | 22M | 13M | 10M | 28M | 18M | 17M | 19M | 13M | 16M | 31M |
| Effective Tax Rate % | 1.45% | 0.24% | -0.97% | 1.09% | 1.68% | 0.61% | 1.31% | 1.05% | 1.4% | -0.06% | 1.6% | 1% | 0.7% | 1.89% | 1.28% | 1.17% | 1.41% | 1.21% | 1.34% | 2.63% |
| Net Income | 1.48B | 1.64B | 1.33B | 1.44B | 1.39B | 1.62B | 1.42B | 1.41B | 1.46B | 1.57B | 1.32B | 1.25B | 1.39B | 1.42B | 1.36B | 1.41B | 1.3B | 1.03B | 1.15B | 1.11B |
| Net Margin % | 10.31% | 11.92% | 11.04% | 12.64% | 9.04% | 11.43% | 10.29% | 10.42% | 9.87% | 10.74% | 10.99% | 11.76% | 11.17% | 10.4% | 8.8% | 8.79% | 9.97% | 9.05% | 10.65% | 11.78% |
| Net Income Growth % | 6.38% | 1.29% | -6.35% | 2.21% | -4.32% | 3.31% | 7.51% | 12.13% | 4.82% | 10.63% | -3.16% | -11.26% | 7.17% | 38% | 17.94% | 26.86% | -3.35% | 204.26% | 9.63% | 7.57% |
| Net Income (Continuing) | 1.5B | 1.65B | 1.36B | 1.45B | 1.41B | 1.64B | 1.43B | 1.42B | 1.48B | 1.6B | 1.35B | 1.28B | 1.42B | 1.45B | 1.39B | 1.44B | 1.33B | 1.06B | 1.18B | 1.15B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 821M | 831M | 841M | 853M | 860M | 857M | 809M | 808M | 800M | 1.09B | 1.07B | 1.07B | 1.07B | 1.08B | 1.09B | 1.09B | 1.1B | 1.11B | 1.06B | 1.07B |
| EPS (Diluted) | 0.68 | 0.75 | 0.61 | 0.66 | 0.64 | 0.73 | 0.65 | 0.63 | 0.66 | 0.71 | 0.60 | 0.57 | 0.63 | 0.65 | 0.62 | 0.64 | 0.59 | 0.47 | 0.52 | 0.50 |
| EPS Growth % | 6.25% | 2.74% | -6.15% | 4.76% | -3.03% | 2.82% | 8.33% | 10.53% | 4.76% | 9.23% | -3.23% | -10.94% | 6.78% | 38.3% | 19.23% | 28% | -3.28% | 213.33% | 8.33% | 6.38% |
| EPS (Basic) | 0.68 | 0.75 | 0.61 | 0.66 | 0.64 | 0.74 | 0.64 | 0.64 | 0.66 | 0.72 | 0.60 | 0.58 | 0.64 | 0.65 | 0.63 | 0.64 | 0.59 | 0.47 | 0.52 | 0.50 |
| Diluted Shares Outstanding | 2.19B | 2.19B | 2.19B | 2.19B | 2.19B | 2.19B | 2.19B | 2.19B | 2.19B | 2.19B | 2.19B | 2.2B | 2.19B | 2.19B | 2.2B | 2.2B | 2.2B | 2.2B | 2.2B | 2.21B |
| Basic Shares Outstanding | 2.19B | 2.19B | 2.19B | 2.19B | 2.19B | 2.17B | 2.19B | 2.17B | 2.17B | 2.17B | 2.17B | 2.17B | 2.17B | 2.17B | 2.18B | 2.18B | 2.18B | 2.18B | 2.18B | 2.19B |
| Dividend Payout Ratio | 80.18% | 71.72% | 88.92% | 80.78% | 83.14% | 70.12% | 80.38% | 79.57% | 76.66% | 69.13% | 82.4% | 85% | 76.55% | 72.82% | 76.05% | 71.81% | 78.03% | 95.42% | 85.23% | 88.35% |