Enterprise Products Partners Ngl Pipelines And Services — Segment Gross Operating Margin increased by 18.3% to $1.54B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.5%, from $1.55B to $1.54B. Over 3 years (FY 2022 to FY 2025), Ngl Pipelines And Services — Segment Gross Operating Margin shows relatively stable performance with a 2.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Higher margins indicate strong pricing power, operational efficiency, or favorable market conditions for NGL services.
A key profitability metric calculated as segment revenue minus the cost of sales and operating expenses. It measures the...
The primary metric used by investors to compare the operational health of midstream segments across the industry.
epd_segment_ngl_pipelines_services_segment_gross_operating_margin| 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 | 1.3B | 1.3B | 1.3B | 1.3B | 1.2B | 1.2B | 1.2B | 1.2B | 1.3B | 1.3B | 1.3B | 1.5B | 1.4B | 1.3B | 1.3B | 1.5B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -4.7% | +0.0% | +0.0% | +0.0% | +9.4% | -1.1% | +0.8% | +16.0% | -8.4% | -8.5% | +0.5% | +18.3% |
| YoY Change | — | — | — | — | -4.7% | -4.7% | -4.7% | -4.7% | +9.4% | +8.2% | +9.0% | +26.4% | +5.8% | -2.1% | -2.4% | -0.5% |