Enterprise Products Partners L.P. (EPD) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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EPD Revenue Growth
Revenue Breakdown (FY 2025)
EPD's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
EPD Revenue Analysis (2014–2025)
As of May 8, 2026, Enterprise Products Partners L.P. (EPD) generated trailing twelve-month (TTM) revenue of $52.60 billion, reflecting slight decline in growth of -2.9% year-over-year. The most recent quarter (Q4 2025) recorded $13.79 billion in revenue, up 14.7% sequentially.
Looking at the longer-term picture, EPD's 5-year compound annual growth rate (CAGR) stands at +14.1%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $58.19 billion in 2022.
Revenue diversification analysis shows EPD's business is primarily driven by NGL Pipelines and Services (160%), Onshore Crude Oil Pipelines and Services (120%), and Petrochemical and Refined Products Services (60%). With over half of revenue concentrated in NGL Pipelines and Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including ET (+8.9% YoY), PAA (-11.3% YoY), and MPLX (+12.1% YoY), EPD has underperformed the peer group in terms of revenue growth. Compare EPD vs ET →
EPD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| EPDCurrent | $52.6B | -2.9% | +14.1% | 13.1% | |
 ET | $82.6B | +8.9% | +16.2% | 11.4% | |
 PAA | $50.1B | -11.3% | +8.3% | 2.4% | |
 MPLX | $11.8B | +12.1% | +7.1% | 40.3% | |
 WES | $3.8B | +11.4% | +6.7% | 41.3% | |
 TRGP | $17.1B | -2.3% | +15.7% | 20.1% |
EPD Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $52.60B | -6.4% | $7.16B | 13.6% | $6.91B | 13.1% |
| 2024 | $56.22B | +13.1% | $7.22B | 12.8% | $7.34B | 13.1% |
| 2023 | $49.72B | -14.6% | $6.72B | 13.5% | $6.93B | 13.9% |
| 2022 | $58.19B | +42.6% | $6.72B | 11.6% | $6.91B | 11.9% |
| 2021 | $40.81B | +50.0% | $5.95B | 14.6% | $6.10B | 15.0% |
| 2020 | $27.20B | -17.0% | $5.71B | 21.0% | $5.04B | 18.5% |
| 2019 | $32.79B | -10.3% | $5.78B | 17.6% | $6.08B | 18.5% |
| 2018 | $36.53B | +24.9% | $5.18B | 14.2% | $5.41B | 14.8% |
| 2017 | $29.24B | +27.0% | $3.72B | 12.7% | $3.93B | 13.4% |
| 2016 | $23.02B | -14.8% | $3.43B | 14.9% | $3.58B | 15.6% |
Full EPD Stock Analysis
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Start ComparisonEPD — Frequently Asked Questions
Quick answers to the most common questions about buying EPD stock.
Is EPD's revenue growth accelerating or slowing?
EPD revenue growth slowed to -2.9%, below the 5-year CAGR of +14.1%. TTM revenue is $52.6B. The deceleration marks a shift from historical growth rates.
What is EPD's long-term revenue growth rate?
Enterprise Products Partners L.P.'s 5-year revenue CAGR of +14.1% reflects the variable expansion pattern. Current YoY growth of -2.9% is near this long-term average.
How is EPD's revenue distributed by segment?
EPD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.