Financials Enterprise Products Partners L.P.

Equities

EPD

US2937921078

Oil & Gas Transportation Services

Market Closed - Nyse 21:00:02 19/07/2024 BST 5-day change 1st Jan Change
30 USD +0.57% Intraday chart for Enterprise Products Partners L.P. +2.04% +13.85%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 61,647 42,763 47,920 52,475 57,229 65,147 - -
Enterprise Value (EV) 1 88,937 71,470 74,635 80,564 85,657 94,561 94,832 92,957
P/E ratio 13.5 x 11.5 x 10.5 x 9.65 x 10.5 x 11.1 x 10.5 x 10.3 x
Yield 6.27% 9.11% 8.27% 7.9% 7.61% 7.04% 7.4% 7.81%
Capitalization / Revenue 1.88 x 1.57 x 1.17 x 0.9 x 1.15 x 1.15 x 1.1 x 1.05 x
EV / Revenue 2.71 x 2.63 x 1.83 x 1.38 x 1.72 x 1.67 x 1.6 x 1.5 x
EV / EBITDA 11 x 8.87 x 8.9 x 8.65 x 9.19 x 9.55 x 9.24 x 8.8 x
EV / FCF 36 x 26.8 x 11.9 x 13.1 x 20.1 x 20 x 18.3 x 13.5 x
FCF Yield 2.78% 3.74% 8.44% 7.64% 4.97% 4.99% 5.46% 7.41%
Price to Book 2.49 x 1.76 x 1.89 x 1.97 x 2.06 x 2.28 x 2.18 x 2.08 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 30.00 30.00 30.00
Announcement Date 30/01/20 03/02/21 01/02/22 01/02/23 01/02/24 - - -
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 56,678 59,262 61,922
EBITDA 1 8,117 8,056 8,381 9,309 9,318 9,898 10,258 10,559
EBIT 1 6,079 5,035 6,104 6,907 6,929 7,407 7,730 7,873
Operating Margin 18.54% 18.51% 14.96% 11.87% 13.94% 13.07% 13.04% 12.71%
Earnings before Tax (EBT) 1 4,733 3,761 4,825 5,697 5,701 6,102 6,453 6,529
Net income 1 4,591 3,775 4,634 5,487 5,529 5,911 6,209 6,446
Net margin 14% 13.88% 11.36% 9.43% 11.12% 10.43% 10.48% 10.41%
EPS 2 2.090 1.710 2.100 2.500 2.520 2.706 2.855 2.909
Free Cash Flow 1 2,472 2,670 6,297 6,159 4,256 4,722 5,174 6,884
FCF margin 7.54% 9.82% 15.43% 10.59% 8.56% 8.33% 8.73% 11.12%
FCF Conversion (EBITDA) 30.45% 33.15% 75.13% 66.16% 45.68% 47.71% 50.43% 65.2%
FCF Conversion (Net income) 53.83% 70.74% 135.88% 112.25% 76.98% 79.89% 83.33% 106.8%
Dividend per Share 2 1.765 1.785 1.815 1.905 2.005 2.111 2.220 2.342
Announcement Date 30/01/20 03/02/21 01/02/22 01/02/23 01/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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 2025 Q2
Net sales 1 11,370 13,008 16,060 15,468 13,650 12,444 10,651 11,998 14,622 14,760 14,301 14,592 14,893 15,411 15,678
EBITDA 1 2,112 2,257 2,418 2,258 2,376 2,321 2,171 2,327 2,499 2,469 2,414 2,479 2,531 2,506 2,490
EBIT 1 1,404 1,666 1,764 1,712 1,765 1,734 1,579 1,695 1,921 1,822 1,789 1,863 1,940 1,902 1,802
Operating Margin 12.34% 12.81% 10.98% 11.07% 12.93% 13.93% 14.82% 14.13% 13.14% 12.34% 12.51% 12.77% 13.02% 12.34% 11.49%
Earnings before Tax (EBT) 1 1,077 1,350 1,457 1,410 1,480 1,432 1,296 1,372 1,601 1,504 1,368 1,491 1,613 1,580 1,438
Net income 1 1,028 1,296 1,411 1,360 1,420 1,390 1,253 1,318 1,568 1,456 1,402 1,490 1,555 1,523 1,424
Net margin 9.04% 9.96% 8.79% 8.79% 10.4% 11.17% 11.76% 10.99% 10.72% 9.86% 9.81% 10.21% 10.44% 9.88% 9.08%
EPS 2 0.4700 0.5900 0.6400 0.6200 0.6500 0.6300 0.5700 0.6000 0.7200 0.6600 0.6507 0.6787 0.7142 0.6855 0.6775
Dividend per Share 2 0.4650 0.4650 0.4750 0.4750 0.4900 0.4900 0.5000 0.5000 0.5150 0.5150 0.5280 0.5280 0.5425 0.5450 0.5520
Announcement Date 01/02/22 02/05/22 03/08/22 01/11/22 01/02/23 02/05/23 01/08/23 31/10/23 01/02/24 30/04/24 - - - - -
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 29,414 29,685 27,810
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.362 x 3.564 x 3.188 x 3.017 x 3.051 x 2.972 x 2.894 x 2.634 x
Free Cash Flow 1 2,472 2,670 6,297 6,159 4,256 4,722 5,174 6,885
ROE (net income / shareholders' equity) 19.5% 15.4% 18.7% 21.1% 20.4% 20.9% 20.8% 20.6%
ROA (Net income/ Total Assets) 7.74% 6% 7.04% 8.09% 7.95% 8% 8.1% 7.8%
Assets 1 59,319 62,920 65,816 67,817 69,545 73,883 76,649 82,645
Book Value Per Share 2 11.30 11.10 11.60 12.30 12.80 13.20 13.80 14.40
Cash Flow per Share 2 2.960 2.680 3.860 3.660 3.450 3.920 4.170 4.120
Capex 1 4,532 3,288 2,223 1,964 3,266 3,892 3,595 3,147
Capex / Sales 13.82% 12.09% 5.45% 3.38% 6.57% 6.87% 6.07% 5.08%
Announcement Date 30/01/20 03/02/21 01/02/22 01/02/23 01/02/24 - - -
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
20
Last Close Price
30 USD
Average target price
33.24 USD
Spread / Average Target
+10.78%
Consensus
  1. Stock Market
  2. Equities
  3. EPD Stock
  4. Financials Enterprise Products Partners L.P.