FY2025 · ended Dec 31, 2025 · Revenue $52.60B, -6.4% YoY · Filed Feb 27, 2026
Enterprise Products Partners L.P. (EPD) files with the SEC under industry code 4922, Natural Gas Transmission. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $52.6 billion and net income of $5.8 billion. Free cash flow was $3.0 billion. As of Sep 30, 2026 it held $232.0 million in cash and investments and $34.4 billion in total debt.
Revenue (TTM)
$64.40B
+21.5% vs year-ago TTM
Net income (TTM)
$6.59B
+13.9% vs year-ago TTM
Operating cash flow (TTM)
$9.31B
+9.9% vs year-ago TTM
Free cash flow (TTM)
$4.81B
+55.4% vs year-ago TTM
EPS (TTM)
$2.99
+14.1% vs year-ago TTM
Dividend per share
None
Shares outstanding
2.16B
-0.2% vs prior year
Net cash
$-34.20B
as of Sep 30, 2026
Operating margin
12.7%
FY 2026
Company profile
- Industry
- Natural Gas Transmission (SIC 4922)
- Listed as
- EPD (NYSE), EPDU (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1061219
- Former names
- ENTERPRISE PRODUCTS PARTNERS L P (until Jul 9, 2019); ENTERPRISES PRODUCTS PARTNERS L P (until May 13, 1998)
Other Natural Gas Transmission companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $52.6B | $56.2B | $49.7B | $58.2B | $40.8B |
| Operating income | $7.3B | $7.3B | $6.9B | $6.9B | $6.1B |
| Net income | $5.8B | $5.9B | $5.5B | $5.5B | $4.6B |
| Operating cash flow | $8.6B | $8.1B | $7.6B | $8.0B | $8.5B |
| Free cash flow | $3.0B | $3.6B | $4.3B | $6.1B | $6.3B |
| Total assets | $77.9B | $77.2B | $71.0B | $68.1B | $67.5B |
| Cash and investments | $969.0M | $583.0M | $180.0M | $76.0M | $2.8B |
| Total debt | $34.9B | $32.4B | $29.1B | $28.7B | $29.9B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 29, 2026 | Oct 29, 2026 |
| 10-Q | Quarterly report | Aug 7, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Material agreement, Results of operations, New debt
|
Jul 30, 2026 | Jul 30, 2026 |
| 8-K |
Current report
Officer or director change
|
Jul 1, 2026 | Jul 1, 2026 |
| 10-Q | Quarterly report | May 7, 2026 | Mar 31, 2026 |
All 1002 Enterprise Products Partners L.P. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.