Enterprise Products Partners L.p. vs Plains GP Holdings LP
Enterprise Products Partners L.p. is the larger business, with $52.60bn of revenue in fiscal 2025 against $44.26bn for Plains GP Holdings LP (1.2 times as much). Enterprise Products Partners L.p. grew faster (-6.4% against -9.5%). Enterprise Products Partners L.p. kept more of each dollar of sales as profit: a net margin of 11.0% against 0.6%.
| Latest fiscal year | Enterprise Products Partners L.p.EPD, 2025 | Plains GP Holdings LPPAGP, 2025 |
|---|---|---|
| Revenue | $52.60bn | $44.26bn |
| Revenue growth | -6.4% | -9.5% |
| Net income | $5.81bn | $260m |
| Operating margin | 13.8% | 3.2% |
| Net margin | 11.0% | 0.6% |
| Return on equity | — | — |
| Free cash flow | $2.96bn | $2.29bn |
| Cash | $969m | $329m |
| Total debt | $34.71bn | $11.26bn |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $300m | $8.0m |
| Employees | — | 3,900 |
| Market value | $82.29bn | $5.48bn |
| Price vs our value range | Within our value range | Below our value range |
| Moat score | 62 (Moderate) | 24 (Weak) |
| Insider trades, 12 months | 2 buys, 0 sales | 0 buys, 0 sales |