Enterprise Products Partners L.P. (EPD) is a publicly traded company in the Energy — Oil & Gas Midstream industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Enterprise Products Partners L.P. delivers essential midstream energy services, connecting both producers and consumers of diverse commodities such as natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. Its operations are structured across four distinct business segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.
Is Enterprise Products Partners L.P. stock overvalued or undervalued in 2026?
Enterprise Products Partners L.P. (EPD) trades at 13.2× earnings (P/E), below the median of the 140 energy companies over $2bn in Kaplio's universe. At the decade median (12.8×) $37 (-3 %); at its sector median (17.3×) $50 (+31 %).
Kaplio overview: Enterprise Products Partners L.P.
Market cap $82B · 52 weeks $30 – $40 (6 % below the high) · P/E 13.2× · 2027 expected P/E 11.6× · Dividend 5.8 % · 11 years rising · Next earnings October 29, 2026 · expected EPS $0.75 · Closing price, Oct 28 · accounts published Jul 30.
- Valuation: P/E 13.2× (fairly priced).
- Business: 5-year ROIC 11.1 % (solid).
- Balance sheet: Net debt/EBITDA 3.4× (fragile).
- Earnings: 4 of 8 (uneven).
What would it be worth at its usual multiples?
At the decade median (12.8×) $37 (-3 %); at its sector median (17.3×) $50 (+31 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in energy: 5 of 8 pass
- FCF yield 4.1 %, fails.
- Dividend coverage (FCF / div) 0.6×, fails.
- Net debt / EBITDA 3.4×, fails.
- 5y avg ROIC 11.1 %, passes.
- Positive FCF through the cycle 10 de 10 ejercicios, passes.
- Capex / Revenue 10.7 %, passes.
- P/E read in reverse (cyclicals) 13.2×, passes.
- EV/EBITDA vs own 10y 11.0×, passes.
Against its peers (reference peers) — Enterprise Products Partners L.P.: P/E 13.2×; EV/EBITDA 11.0×; ROIC 11.3 %; $82.2B. Kinder Morgan, Inc. (P/E 20.7×; EV/EBITDA 14.0×; ROIC 5.8 %; $74.8B), The Williams Companies, Inc. (P/E 29.5×; EV/EBITDA 15.4×; ROIC 6.6 %; $90.8B), TC Energy Corporation (P/E 26.4×; EV/EBITDA 13.7×; ROIC 5.1 %; $65.8B).
Expensive or cheap against its last ten years?
P/E at each close: today 13.2× · median 12.8× · minimum 6.7× · maximum 24.3× · cheap below 11.5× · expensive above 20.3×. It has been cheaper than today 58% of the time over its last ten years.
Dividend
tight · Yield 5.8 % ($2.14 per share in 2025) · Years raising it ≥ 11 · 5-year growth +4 % a year · Free cash flow coverage 0.8× · With $1,000 invested today you'd collect $57.90 a year ($4.83 a month).
Profitability
| Return on Equity | 21.21% |
| Return on Invested Capital | 11.32% |
| Return on Assets | 7.70% |
| Gross Margin | 13.25% |
| Operating Margin | 12.97% |
| Net Margin | 10.77% |
Financial Health
| Debt / Equity | 1.12 |
| Current Ratio | 0.93 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 1.86 |
Price Performance
| 1 month | +3.19% |
| 3 months | -2.31% |
| Year-to-date | +15.94% |
| 1 year | +19.44% |
| 3 years | +40.58% |
| 5 years | +63.89% |
| 10 years | +47.27% |
Dividend History
Paid in the last 12 months: $2.2050 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-10-30 | $0.5600 |
| 2026-07-31 | $0.5600 |
| 2026-04-30 | $0.5500 |
| 2026-01-30 | $0.5500 |
| 2025-10-31 | $0.5450 |
| 2025-07-31 | $0.5450 |
| 2025-04-30 | $0.5350 |
| 2025-01-31 | $0.5350 |
| 2024-10-31 | $0.5250 |
| 2024-07-31 | $0.5250 |
Amounts adjusted for stock splits.
Related companies: PAA · ENB · WMB · KMI · TRP · MPLX · OKE · TRGP
Explore sector: Energy · Oil & Gas Midstream
More sections of EPD: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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