Enterprise Products Partners EPD Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Other Segment Income (Expense), Net by Business | ||||||
| Crude Oil Pipelines & Services | $286M-5.0% | $293M-0.7% | $301M+4.2% | $296M+1.7% | $301M+8.3% | |
| Natural Gas Pipelines & Services | $11M+22.2% | $12M+9.1% | $9M-29.4% | $8M-40.7% | $9M-26.5% | |
| NGL Pipelines & Services | $115M-17.3% | $125M-8.8% | $131M-20.1% | $129M-36.1% | $139M-39.8% | |
| Petrochemical & Refined Products Services | $20M-23.1% | $16M+33.3% | $29M+223% | $26M+163% | $26M+144% | |
| Revenue by Business | ||||||
| Crude Oil Pipelines & Services | $65.42B-9.8% | $63.14B-16.9% | $63.64B-21.0% | $65.67B-21.2% | $72.5B-8.2% | |
| Natural Gas Pipelines & Services | $5.13B+25.4% | $5.13B+39.7% | $4.97B+36.5% | $4.62B+20.2% | $4.09B+2.8% | |
| NGL Pipelines & Services | $82.54B+10.3% | $84.38B+22.1% | $84.58B+30.5% | $79.41B+22.1% | $74.82B+20.3% | |
| Petrochemical & Refined Products Services | $28.49B-24.8% | $31.5B-14.2% | $33.64B-8.7% | $37.37B+12.8% | $37.91B+23.5% | |
| Segment Reporting, Other Segment Item, Amount by Business | ||||||
| Crude Oil Pipelines & Services | -$33M-154% | -$22M-120% | -$16M-633% | -$9M-182% | -$13M-142% | |
| Natural Gas Pipelines & Services | -$6M-50.0% | -$7M-16.7% | -$5M+20.0% | -$4M+46.7% | -$4M+30.4% | |
| NGL Pipelines & Services | -$33M+2.9% | -$42M-100% | -$40M+14.4% | -$32M+59.2% | -$34M+66.1% | |
| Petrochemical & Refined Products Services | -$17M+32.0% | -$14M-27.3% | -$28M-211% | -$24M-155% | -$25M-140% | |
| Total Significant Segment Expenses by Business | ||||||
| Crude Oil Pipelines & Services | $64.25B-9.7% | $61.93B-17.0% | $62.38B-18.8% | $64.37B-16.4% | $71.19B-5.3% | |
| Natural Gas Pipelines & Services | $3.45B+24.0% | $3.58B+48.9% | $3.54B+43.9% | $3.18B+13.4% | $2.78B-11.8% | |
| NGL Pipelines & Services | $77.01B+11.1% | $78.94B+24.0% | $79.15B+33.9% | $73.94B+25.0% | $69.33B+17.0% | |
| Petrochemical & Refined Products Services | $27.08B-25.8% | $30.08B-14.5% | $32.28B-3.4% | $36.02B+18.9% | $36.51B+26.9% | |
| Consolidated total assets by Business | ||||||
| NGL Pipelines & Services | $95.87B— | $92.59B— | $89.49B— | —— | —— | |
| Petrochemical & Refined Products Services | $46.2B— | $45.73B— | $45.36B— | —— | —— | |
| Segment Gross Operating Margin by Business | ||||||
| Crude Oil Pipelines & Services | 145,600,000,000%-15,300,000,000pp | 150,100,000,000%-14,500,000,000pp | 156,500,000,000%-9,075,000,000pp | 159,500,000,000%-8,650,000,000pp | 160,900,000,000%-8,225,000,000pp | |
| Natural Gas Pipelines & Services | 169,700,000,000%+37,500,000,000pp | 155,800,000,000%+28,100,000,000pp | 143,600,000,000%+21,275,000,000pp | 144,600,000,000%+30,250,000,000pp | 132,200,000,000%+20,225,000,000pp | |
| NGL Pipelines & Services | 564,400,000,000%+1,800,000,000pp | 555,900,000,000%+1,100,000,000pp | 556,600,000,000%+34,150,000,000pp | 559,800,000,000%+48,400,000,000pp | 562,600,000,000%+61,250,000,000pp | |
| Petrochemical & Refined Products Services | 143,500,000,000%+1,700,000,000pp | 143,600,000,000%-11,100,000,000pp | 138,700,000,000%-23,550,000,000pp | 138,000,000,000%-30,300,000,000pp | 141,800,000,000%-29,650,000,000pp | |
| Cost of Sales by Business | ||||||
| Crude Oil Pipelines & Services | $63.68B-9.9% | $61.38B-17.2% | $61.84B-18.9% | $63.85B-16.5% | $70.66B-5.3% | |
| Natural Gas Pipelines & Services | $2.6B+30.2% | $2.75B+65.8% | $2.71B+54.6% | $2.37B+12.0% | $2B-20.0% | |
| NGL Pipelines & Services | $74.34B+11.1% | $76.35B+24.6% | $76.56B+34.9% | $71.41B+25.6% | $66.88B+17.5% | |
| Petrochemical & Refined Products Services | $25.47B-27.3% | $28.5B-15.6% | $30.69B-4.3% | $34.49B+19.0% | $35.04B+27.5% | |
| Gross Value by Business | ||||||
| NGL Pipelines & Services | $5.7B+18.5% | $5.4B+12.4% | $5.11B+6.3% | $4.81B+0.1% | $4.81B+0.2% | |
| Petrochemical & Refined Products Services | $914M+1.1% | $909M+0.6% | $904M0.0% | $904M0.0% | $904M0.0% | |
| Equity in income of unconsolidated affiliates by Business | ||||||
| Crude Oil Pipelines & Services | $253M-12.2% | $271M-4.9% | $285M-2.1% | $287M-7.4% | $288M-11.4% | |
| Natural Gas Pipelines & Services | $5M0.0% | $5M0.0% | $4M-42.9% | $4M-33.3% | $5M-28.6% | |
| NGL Pipelines & Services | $82M-22.6% | $83M-29.1% | $92M-20.7% | $98M-19.0% | $106M-15.2% | |
| Petrochemical & Refined Products Services | $3M+200% | $2M+100% | $1M-66.7% | $2M-33.3% | $1M-66.7% | |
| Carrying Value by Business | ||||||
| NGL Pipelines & Services | $3.86B+22.0% | $3.62B+12.7% | $3.37B+3.7% | $3.12B-5.2% | $3.17B-5.0% | |
| Petrochemical & Refined Products Services | $402M-4.3% | $404M-5.4% | $406M-6.5% | $413M-6.1% | $420M-5.8% | |
| Fixed operating costs and expenses by Business | ||||||
| Crude Oil Pipelines & Services | $428M+4.1% | $408M-1.4% | $409M-0.4% | $396M-3.1% | $411M+1.2% | |
| Natural Gas Pipelines & Services | $773M+10.0% | $758M+12.1% | $750M+17.1% | $730M+18.6% | $703M+17.9% | |
| NGL Pipelines & Services | $1.8B+7.4% | $1.75B+4.0% | $1.75B+5.9% | $1.72B+5.8% | $1.68B+3.9% | |
| Petrochemical & Refined Products Services | $1.13B+3.1% | $1.13B+7.7% | $1.15B+18.0% | $1.13B+20.6% | $1.09B+20.5% | |
| CapEx by Business | ||||||
| Crude Oil Pipelines & Services | $116M-21.1% | $112M-30.4% | $111M-31.8% | $128M-8.9% | $147M+16.4% | |
| Natural Gas Pipelines & Services | $1.67B+61.5% | $1.63B+74.7% | $1.54B+72.2% | $1.11B+31.4% | $1.03B+29.1% | |
| NGL Pipelines & Services | $3.18B+24.5% | $3.33B+33.1% | $3.22B+47.9% | $2.75B+45.7% | $2.56B+59.6% | |
| Petrochemical & Refined Products Services | $577M-30.1% | $554M-41.9% | $507M-52.5% | $602M-43.6% | $825M-14.9% | |
| Variable operating costs and expenses by Business | ||||||
| Crude Oil Pipelines & Services | $142M+17.4% | $140M+6.1% | $135M-9.8% | $129M-23.0% | $121M-36.1% | |
| Natural Gas Pipelines & Services | $73M-8.8% | $77M+5.5% | $82M+19.3% | $76M+10.9% | $80M+35.0% | |
| NGL Pipelines & Services | $866M+12.5% | $844M+13.3% | $836M+16.7% | $807M+13.4% | $770M+5.5% | |
| Petrochemical & Refined Products Services | $479M+24.4% | $453M+21.4% | $438M+19.9% | $407M+7.8% | $385M-1.7% | |
| Intangible Amortization by Business | ||||||
| Crude Oil Pipelines & Services | $87M-9.4% | $85M-15.0% | $85M-19.0% | $91M-14.2% | $96M-8.6% | |
| Natural Gas Pipelines & Services | $76M+24.6% | $75M+33.9% | $72M+35.8% | $66M+26.9% | $61M+17.3% | |
| NGL Pipelines & Services | $52M+15.6% | $49M+11.4% | $47M+6.8% | $46M+9.5% | $45M+9.8% | |
| Petrochemical & Refined Products Services | $7M0.0% | $7M0.0% | $7M+16.7% | $7M+16.7% | $7M0.0% | |
| Investments in unconsolidated affiliates by Business | ||||||
| Crude Oil Pipelines & Services | $6.36B-2.8% | $6.42B-2.7% | $6.46B-2.7% | $6.5B-2.9% | $6.55B-2.5% | |
| Natural Gas Pipelines & Services | $125M-3.1% | $126M-3.8% | $125M-6.7% | $128M-3.0% | $129M-1.5% | |
| NGL Pipelines & Services | $2.29B-3.9% | $2.31B-4.0% | $2.34B-3.5% | $2.36B-3.3% | $2.38B-3.3% | |
| Petrochemical & Refined Products Services | $6M-50.0% | $7M-41.7% | $9M-30.8% | $10M-23.1% | $12M-7.7% | |
| Finite-Lived Intangible Assets, Accumulated Amortization by Business | ||||||
| Crude Oil Pipelines & Services | $3.92B+9.7% | $3.83B+10.3% | $3.75B+11.0% | $3.66B+12.0% | $3.57B+12.9% | |
| Natural Gas Pipelines & Services | $3.82B+8.2% | $3.74B+7.9% | $3.67B+7.5% | $3.6B+7.0% | $3.53B+6.7% | |
| NGL Pipelines & Services | $1.84B+11.8% | $1.79B+11.7% | $1.74B+11.7% | $1.69B+11.8% | $1.65B+11.9% | |
| Petrochemical & Refined Products Services | $512M+5.8% | $505M+5.9% | $498M+6.0% | $491M+5.8% | $484M+5.7% | |
| Revenue by Product | ||||||
| Storage and terminals | $1.12B+3.9% | $1.09B-1.0% | $1.09B-1.5% | $1.09B-3.8% | $1.08B-6.7% | |
| Transportation | $4.77B+7.7% | $4.72B+9.4% | $4.63B+23.8% | $4.55B+18.4% | $4.43B+12.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Enterprise Products Partners break its business down?
- Enterprise Products Partners (EPD) reports other segment income (expense), net by business across 4 parts — Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, NGL Pipelines & Services and Petrochemical & Refined Products Services. Each is extracted from the segment footnotes and tracked over time.
- Where does Enterprise Products Partners's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Enterprise Products Partners's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
