Total Operating Expenses
Enterprise Products Partners Total Operating Expenses increased by 6.0% to $12.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.6%, from $13.75B to $12.57B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 6.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.
Detailed definition
Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...
Peer comparison
Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.
total_operating_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $8.12B | $9.46B | $10.10B | $11.46B | $14.40B | $13.87B | $12.01B | $10.81B | $9.19B | $10.43B | $12.82B | $13.04B | $11.82B | $12.09B | $12.34B | $13.75B | $9.66B | $10.43B | $11.85B | $12.57B |
| QoQ Change | — | +16.5% | +6.8% | +13.4% | +25.7% | -3.7% | -13.4% | -10.0% | -15.0% | +13.4% | +22.9% | +1.7% | -9.4% | +2.3% | +2.0% | +11.5% | -29.7% | +7.9% | +13.7% | +6.0% |
| YoY Change | — | — | — | — | +77.4% | +46.6% | +18.9% | -5.6% | -36.2% | -24.8% | +6.7% | +20.6% | +28.6% | +16.0% | -3.7% | +5.4% | -18.3% | -13.8% | -3.9% | -8.6% |
Business Segments
| Segment | FY'22 | FY'23 |
|---|---|---|
| Onshore Crude Oil Pipelines And Services | $63.88B | $75.03B |
| Ngl Pipelines And Services | $85.14B | $58.47B |
| Petrochemical And Refined Products Services | $25.83B | $26.08B |
| Onshore Natural Gas Pipelines And Services | $6.12B | $3.24B |
| Total | $51.74B | $43.25B |
All segment values are derived from annual filings.
Ngl Pipelines And Services, Onshore Crude Oil Pipelines And Services, Onshore Natural Gas Pipelines And Services, Petrochemical And Refined Products Services were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is Enterprise Products Partners's total operating expenses?
- Enterprise Products Partners (EPD) reported total operating expenses of $12.57B in Q1 2026.
- How has Enterprise Products Partners's total operating expenses changed year-over-year?
- Enterprise Products Partners's total operating expenses decreased by 8.6% year-over-year, from $13.75B to $12.57B.
- What is the long-term trend for Enterprise Products Partners's total operating expenses?
- Over 4 years (2021 to 2025), Enterprise Products Partners's total operating expenses has grown at a 6.7% compound annual growth rate (CAGR), from $35.29B to $45.69B.
- What does total operating expenses mean?
- The total cost of running the business, including all non-production expenses.