EPD Enterprise Products Partners L P margins

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 54
Gross margin
12.5%
Operating margin
12.1%
EBITDA margin
16.5%
Net margin
10.2%

Using the latest TTM figures, Enterprise Products Partners L P shows a gross margin of 12.5%, an operating margin of 12.1%, an EBITDA margin of 16.5%, and a net margin of 10.2%. EBITDA margin had the largest decline, decreasing by 1.4 percentage points, while the other available margins also declined.

EPD margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Enterprise Products Partners L P recorded average margins of 13.11% gross, 12.63% operating, 17.4% EBITDA, and 10.72% net. The current gross, operating, EBITDA, and net margins are all below their three-year averages.

EPD margin expansion

Year-over-year margin changes in percentage points

EBITDA margin led the decline, falling by 1.4 percentage points, while the other available margins also decreased.

Gross margin expansion
-0.9pp
Operating margin expansion
-0.8pp
EBITDA margin expansion
-1.4pp
Net margin expansion
-0.7pp

EPD Gross margin

Over the last 3 years, the average gross margin for Enterprise Products Partners L P was 13.11%. The latest gross margin for Enterprise Products Partners L P is 12.5%, 0.6 percentage points below its three-year average. Enterprise Products Partners L P's gross margin ranged from a low of 12.5% in Mar 2025 to a high of 14.2% in Mar 2026.

EPD Operating margin

Enterprise Products Partners L P's operating margin averaged 12.63% in the last 3 years. The current operating margin stands at 12.1%, 0.5 percentage points below its three-year average. Over the last 3 years, Enterprise Products Partners L P's operating margin peaked at 13.7% in Mar 2026 and reached a low of 12.1% in Sep 2024.

EPD EBITDA margin

Over the last 3 years, Enterprise Products Partners L P's EBITDA margin averaged 17.4%. At present, Enterprise Products Partners L P's current EBITDA margin is 16.5%, which is 0.9 percentage points below its three-year average. During this period, EBITDA margin reached a high of 18.9% in Mar 2026 and a low of 16.5% in Sep 2026.

EPD Net margin

Throughout the last 3 years, Enterprise Products Partners L P had an average net margin of 10.72%. Against its three-year average, Enterprise Products Partners L P's net margin is currently 10.2%, 0.5 percentage points below its three-year average. Looking back over the last 3 years, Enterprise Products Partners L P's net margin reached 11.4% at its highest point in Mar 2026 and 10.2% at its lowest in Sep 2026.

EPD margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 12.5%, EPD stands below the Energy sector, the industry and its peers average. Looking at its Energy sector average of 42.7%, Enterprise Products Partners L P's gross margin is 71% lower.

EPD margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Enterprise Products Partners L P's gross margin?

For the period ending Sep 30, 2026, EPD recorded a gross margin of 12.5%.

What is Enterprise Products Partners L P's operating margin?

The current operating margin for EPD is 12.1% as of Sep 30, 2026.

What is Enterprise Products Partners L P's EBITDA margin?

For the period ending Sep 30, 2026, EPD recorded an EBITDA margin of 16.5%.

What is Enterprise Products Partners L P's net margin?

For the period ending Sep 30, 2026, EPD recorded a net margin of 10.2%.

What are the average margins of EPD?

Looking back over 3 years, EPD recorded average margins of 13.1% gross, 12.6% operating, 17.4% EBITDA, and 10.7% net.

What are the highest historical margins of EPD?

Over this 5-year history, EPD peaked at 14.2% gross in Mar 2026, 13.7% operating in Mar 2026, 19.3% EBITDA in Dec 2021, and 11.4% net in Mar 2026.

What are the lowest historical margins of EPD?

In the last 5 years, the lowest margins reported by EPD were 11.3% gross in Sep 2022, 10.9% operating in Sep 2022, 15% EBITDA in Sep 2022, and 9.1% net in Sep 2022.