Enterprise Products Partners L.p. income statement
In fiscal 2025, Enterprise Products Partners L.p. reported revenue of $52.60bn, down 6.4% on the year before, operating income of $7.27bn (a 13.8% margin) and net income of $5.81bn. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25.5 | 33.7 | 44.3 | 42.6 | 47.7 | 48.0 | 27.0 | 23.0 | 29.2 | 36.5 | 32.8 | 27.2 | 40.8 | 58.2 | 49.7 | 56.2 | 52.6 | 58.5 |
| Cost of revenue | — | — | — | — | — | — | — | 15.7 | 21.5 | 26.8 | 22.1 | 16.7 | 29.9 | 45.8 | 37.0 | 42.6 | 38.6 | 43.5 |
| Gross profit | — | — | — | — | — | — | — | 7.3 | 7.8 | 9.7 | 10.7 | 10.5 | 10.9 | 12.4 | 12.7 | 13.6 | 14.0 | 15.0 |
| General and administrative | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 |
| Operating income | 1.9 | 2.1 | 2.9 | 3.1 | 3.5 | 3.8 | 3.5 | 3.6 | 3.9 | 5.4 | 6.1 | 5.0 | 6.1 | 6.9 | 6.9 | 7.3 | 7.3 | 7.9 |
| Interest expense | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 0.9 | 1.0 | 1.0 | 1.0 | 1.1 | 1.2 | 1.3 | 1.3 | 1.2 | 1.3 | 1.4 | 1.4 | 1.5 |
| Income before tax | 1.2 | 1.4 | 2.1 | 2.4 | 2.7 | 2.9 | 2.6 | 2.6 | 2.9 | 4.3 | 4.7 | 3.8 | 4.8 | 5.7 | 5.7 | 6.0 | 5.9 | 6.4 |
| Income tax | 0.0 | 0.0 | 0.0 | −0.0 | 0.1 | 0.0 | −0.0 | 0.0 | 0.0 | 0.1 | 0.0 | −0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 |
| Net income | 0.2 | 0.3 | 2.0 | 2.4 | 2.6 | 2.8 | 2.5 | 2.5 | 2.8 | 4.2 | 4.6 | 3.8 | 4.6 | 5.5 | 5.5 | 5.9 | 5.8 | 6.3 |
| Diluted EPS | $0.17 | $0.19 | $1.19 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $2.88 |
| Diluted shares (average) | 1,240m | 1,671m | 1,720m | 1,786m | 1,843m | 1,895m | 1,999m | 2,089m | 2,154m | 2,187m | 2,202m | 2,202m | 2,203m | 2,199m | 2,194m | 2,192m | 2,188m | 2,186m |
| EBITDA | 2.7 | 3.1 | 3.9 | 4.2 | 4.7 | 5.1 | 5.1 | 5.1 | 5.6 | 7.2 | 8.0 | 7.1 | 7.8 | 8.7 | 8.8 | 9.3 | 9.4 | 10.0 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13.8 | 14.2 | 15.4 | 11.4 | 12.0 | 13.8 | 14.4 | 18.3 |
| Cost of revenue | 10.4 | 10.6 | 12.0 | 7.9 | 8.6 | 10.1 | 10.7 | 14.2 |
| Gross profit | 3.4 | 3.6 | 3.4 | 3.5 | 3.4 | 3.7 | 3.7 | 4.1 |
| General and administrative | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Operating income | 1.8 | 2.0 | 1.8 | 1.8 | 1.7 | 2.0 | 1.9 | 2.2 |
| Interest expense | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.4 |
| Income before tax | 1.5 | 1.6 | 1.4 | 1.5 | 1.3 | 1.7 | 1.5 | 1.9 |
| Income tax | 0.0 | 0.0 | 0.0 | 0.0 | −0.0 | −0.0 | 0.0 | 0.0 |
| Net income | 1.4 | 1.6 | 1.4 | 1.4 | 1.3 | 1.6 | 1.5 | 1.8 |
| EBITDA | 2.3 | 2.5 | 2.3 | 2.3 | 2.2 | 2.6 | 2.4 | 2.8 |
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