Financials Enterprise Products Partners L.P.

Equities

EPD

US2937921078

Oil & Gas Transportation Services

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
29.06 USD +0.45% Intraday chart for Enterprise Products Partners L.P. +0.76% +10.28%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 61,647 42,763 47,920 52,475 57,229 63,105 - -
Enterprise Value (EV) 1 88,937 71,470 74,635 80,564 85,657 92,406 92,292 92,622
P/E ratio 13.5 x 11.5 x 10.5 x 9.65 x 10.5 x 10.9 x 10.4 x 10.1 x
Yield 6.27% 9.11% 8.27% 7.9% 7.61% 7.27% 7.64% 8.08%
Capitalization / Revenue 1.88 x 1.57 x 1.17 x 0.9 x 1.15 x 1.17 x 1.13 x 1.08 x
EV / Revenue 2.71 x 2.63 x 1.83 x 1.38 x 1.72 x 1.71 x 1.65 x 1.58 x
EV / EBITDA 11 x 8.87 x 8.9 x 8.65 x 9.19 x 9.41 x 9.09 x 8.79 x
EV / FCF 36 x 26.8 x 11.9 x 13.1 x 20.1 x 19.7 x 16.6 x 14.2 x
FCF Yield 2.78% 3.74% 8.44% 7.64% 4.97% 5.07% 6.01% 7.06%
Price to Book 2.49 x 1.76 x 1.89 x 1.97 x 2.06 x 2.21 x 2.11 x -
Nbr of stocks (in thousands) 2,189,170 2,182,881 2,182,130 2,175,570 2,171,879 2,171,558 - -
Reference price 2 28.16 19.59 21.96 24.12 26.35 29.06 29.06 29.06
Announcement Date 1/30/20 2/3/21 2/1/22 2/1/23 2/1/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 32,789 27,200 40,807 58,186 49,715 53,970 56,001 58,626
EBITDA 1 8,117 8,056 8,381 9,309 9,318 9,823 10,159 10,543
EBIT 1 6,079 5,035 6,104 6,907 6,929 7,353 7,631 7,744
Operating Margin 18.54% 18.51% 14.96% 11.87% 13.94% 13.62% 13.63% 13.21%
Earnings before Tax (EBT) 1 4,733 3,761 4,825 5,697 5,701 5,971 6,284 6,110
Net income 1 4,591 3,775 4,634 5,487 5,529 5,819 6,083 6,258
Net margin 14% 13.88% 11.36% 9.43% 11.12% 10.78% 10.86% 10.67%
EPS 2 2.090 1.710 2.100 2.500 2.520 2.668 2.789 2.888
Free Cash Flow 1 2,472 2,670 6,297 6,159 4,256 4,685 5,548 6,541
FCF margin 7.54% 9.82% 15.43% 10.59% 8.56% 8.68% 9.91% 11.16%
FCF Conversion (EBITDA) 30.45% 33.15% 75.13% 66.16% 45.68% 47.69% 54.61% 62.05%
FCF Conversion (Net income) 53.83% 70.74% 135.88% 112.25% 76.98% 80.51% 91.2% 104.54%
Dividend per Share 2 1.765 1.785 1.815 1.905 2.005 2.112 2.222 2.349
Announcement Date 1/30/20 2/3/21 2/1/22 2/1/23 2/1/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 10,831 11,370 13,008 16,060 15,468 13,650 12,444 10,651 11,998 14,622 13,816 14,173 14,564 14,919 15,631
EBITDA 1 2,015 2,112 2,257 2,418 2,258 2,376 2,321 2,171 2,327 2,499 2,437 2,372 2,466 2,545 2,509
EBIT 1 1,513 1,404 1,666 1,764 1,712 1,765 1,734 1,579 1,695 1,921 1,834 1,754 1,864 1,950 1,925
Operating Margin 13.97% 12.34% 12.81% 10.98% 11.07% 12.93% 13.93% 14.82% 14.13% 13.14% 13.28% 12.37% 12.8% 13.07% 12.32%
Earnings before Tax (EBT) 1 1,198 1,077 1,350 1,457 1,410 1,480 1,432 1,296 1,372 1,601 1,511 1,360 1,514 1,632 1,572
Net income 1 1,153 1,028 1,296 1,411 1,360 1,420 1,390 1,253 1,318 1,568 1,459 1,377 1,485 1,563 1,512
Net margin 10.65% 9.04% 9.96% 8.79% 8.79% 10.4% 11.17% 11.76% 10.99% 10.72% 10.56% 9.72% 10.2% 10.47% 9.67%
EPS 2 0.5200 0.4700 0.5900 0.6400 0.6200 0.6500 0.6300 0.5700 0.6000 0.7200 0.6643 0.6255 0.6705 0.7102 0.6966
Dividend per Share 2 0.4500 0.4650 0.4650 0.4750 0.4750 0.4900 0.4900 0.5000 0.5000 0.5150 0.5172 0.5283 0.5283 0.5422 0.5450
Announcement Date 11/2/21 2/1/22 5/2/22 8/3/22 11/1/22 2/1/23 5/2/23 8/1/23 10/31/23 2/1/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 27,290 28,708 26,716 28,089 28,428 29,300 29,187 29,516
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.362 x 3.564 x 3.188 x 3.017 x 3.051 x 2.983 x 2.873 x 2.8 x
Free Cash Flow 1 2,472 2,670 6,297 6,159 4,256 4,685 5,548 6,541
ROE (net income / shareholders' equity) 19.5% 15.4% 18.7% 21.1% 20.4% 20.5% 20.6% 20%
ROA (Net income/ Total Assets) 7.74% 6% 7.04% 8.09% 7.95% 7.7% 7.6% 7.7%
Assets 1 59,319 62,920 65,816 67,817 69,545 75,573 80,042 81,266
Book Value Per Share 2 11.30 11.10 11.60 12.30 12.80 13.10 13.80 -
Cash Flow per Share 2 2.960 2.680 3.860 3.660 3.450 3.820 4.050 4.170
Capex 1 4,532 3,288 2,223 1,964 3,266 3,779 3,355 3,425
Capex / Sales 13.82% 12.09% 5.45% 3.38% 6.57% 7% 5.99% 5.84%
Announcement Date 1/30/20 2/3/21 2/1/22 2/1/23 2/1/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
29.06 USD
Average target price
32.53 USD
Spread / Average Target
+11.95%
Consensus
  1. Stock Market
  2. Equities
  3. EPD Stock
  4. Financials Enterprise Products Partners L.P.