Enterprise Products Partners Ngl Pipelines And Services — Cost of Sales decreased by 4.0% to $18.33B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.1%, from $18.55B to $18.33B. Over 3 years (FY 2022 to FY 2025), Ngl Pipelines And Services — Cost of Sales shows relatively stable performance with a -2.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue may signal rising commodity input prices or margin compression.
Direct costs associated with the purchase of natural gas liquids and other commodities sold by the segment, as well as d...
Highly dependent on commodity price pass-through models; common in midstream companies with marketing or trading operations.
epd_segment_ngl_pipelines_services_cost_of_sales| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 20.7B | 20.7B | 20.7B | 20.7B | 14B | 14B | 14B | 14B | 14.8B | 14B | 13.9B | 18.5B | 20.4B | 18.5B | 19.1B | 18.3B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -32.3% | +0.0% | +0.0% | +0.0% | +5.5% | -5.8% | -0.1% | +33.0% | +10.2% | -9.5% | +3.3% | -4.0% |
| YoY Change | — | — | — | — | -32.3% | -32.3% | -32.3% | -32.3% | +5.5% | -0.6% | -0.6% | +32.1% | +38.0% | +32.5% | +36.9% | -1.1% |