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Enterprise Products Partners EPD Natural Gas Pipelines & Services — CapEx

Other segment segments

NGL Pipelines & Services
$492M-22.5%
Petrochemical & Refined Products Services
$124M+22.8%
Crude Oil Pipelines & Services
$27M+17.4%

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Other financials

Income statement

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Revenue$18.3B+60.8%
Operating income$2.2B+25.3%
Net income$1.8B+28.2%
EPS (diluted)$0.84+27.3%

Balance sheet

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Cash & equivalents$394.0M-13.2%
Total debt$34.4B+7.3%
Total equity$30.3B+1.9%
Total assets$80.6B+6.8%

Cash flow

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Operating cash flow$3.2B+54.3%
CapEx$1.1B-12.4%
Free cash flow$2.0B+168%

Valuation

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Market cap$82.32B+22.3%
Enterprise value$116.31B+9.7%
P/E13.1×+1.6×
P/S1.4×+0.2×

Profitability

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Operating margin13.4%+0.1pp
Net margin10.8%+0.1pp
FCF margin6.3%-1.4pp

Returns & leverage

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Return on equity19.6%-0.4pp
Debt / equity1.1×+0.1×
Current ratio0.9×+0.1×

Where this comes from

Reported directly by Enterprise Products Partners in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The source filing: Enterprise Products Partners’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 1:04 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001061219-26-000014
Line itemNGLPipelines& ServicesCrude Oil Pipelines& ServicesNatural Gas Pipelines& ServicesPetrochemical& Refined Products ServicesSegment Total
Total significant segment expenses19,12317,7649647,55745,408
Other segment income (expense):
Equity in income of unconsolidated affiliates19542176
Other segment items (3)2713(1)443
Total other segment income466715119
Total segment gross operating margin$1,503$329$496$314$2,642
Other financial information:
Capital expenditures$492$27$340$124$983

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Enterprise Products Partners's natural gas pipelines & services — capex?
Enterprise Products Partners (EPD) reported natural gas pipelines & services — capex of $340M in Q1 2026.
How has Enterprise Products Partners's natural gas pipelines & services — capex changed year-over-year?
Enterprise Products Partners's natural gas pipelines & services — capex increased by 12.2% year-over-year, from $303M to $340M.
What is the long-term trend for Enterprise Products Partners's natural gas pipelines & services — capex?
Over 3 years (2022 to 2025), Enterprise Products Partners's natural gas pipelines & services — capex has grown at a 67.9% compound annual growth rate (CAGR), from $344M to $1.63B.
What does natural gas pipelines & services — capex mean?
This represents the cash spent by the segment to acquire, upgrade, or maintain physical assets such as pipelines, processing plants, and storage facilities. It includes both growth capital (expanding capacity) and maintenance capital (sustaining existing operations).

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