The Tip Desk

ENTERPRISE PRODUCTS PARTNERS L.P.

Company Stats

Market Cap
$76.9B
as of Sep 30, 2026
Enterprise Value
$110.6B
Shares Outstanding
2.2B
Free Float
12.3%

Income Statement

Revenue
$52.6B
Operating Income
$7.3B
Net Income
$5.8B
EBITDA
$9.4B
Non-cash Impairment
$50.0M
Revenue Growth, 3Y
-3.3%
FCF Margin, 3Y Avg
6.9%
FCF Margin, Worst Year
5.6%

Cash Flow

Free Cash Flow
$3.0B
FCF Yield
3.9%
Owner FCF Yield
3.6%

Balance Sheet

Cash & Equivalents
$969.0M
Total Debt
$34.7B
Net Debt
$33.7B
Net Debt / EBITDA
3.61x
EV / EBITDA
11.83x
Net Debt / EBIT
4.64x

Returns & Capital

Share Repurchases
$300.0M
Buyback Yield, 3Y Avg
0.3%
SBC, 3Y Avg
$185.7M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$52.6B$3.0B5.6%
FY2024$56.2B$3.6B6.4%
FY2023$49.7B$4.3B8.7%
FY2022$58.2B$6.1B10.4%
FY2021$40.8B$6.3B15.4%

Annual filing data through FY ended December 31, 2025; shares and float as of October 9, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage