GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enterprise Products Partners LP (NYSE:EPD) » Definitions » Net Margin %

Enterprise Products Partners LP (Enterprise Products Partners LP) Net Margin %

: 10.72% (As of Dec. 2023)
View and export this data going back to 1998. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. Enterprise Products Partners LP's Net Income for the three months ended in Dec. 2023 was $1,568 Mil. Enterprise Products Partners LP's Revenue for the three months ended in Dec. 2023 was $14,622 Mil. Therefore, Enterprise Products Partners LP's net margin for the quarter that ended in Dec. 2023 was 10.72%.

The historical rank and industry rank for Enterprise Products Partners LP's Net Margin % or its related term are showing as below:

EPD' s Net Margin % Range Over the Past 10 Years
Min: 5.81   Med: 11.03   Max: 14
Current: 11.13


EPD's Net Margin % is ranked better than
66.12% of 974 companies
in the Oil & Gas industry
Industry Median: 4.235 vs EPD: 11.13

Enterprise Products Partners LP Net Margin % Historical Data

The historical data trend for Enterprise Products Partners LP's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Enterprise Products Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.00 13.88 11.37 9.44 11.13

Enterprise Products Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.40 11.18 11.77 10.99 10.72

Competitive Comparison

For the Oil & Gas Midstream subindustry, Enterprise Products Partners LP's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Enterprise Products Partners LP Net Margin % Distribution

For the Oil & Gas industry and Energy sector, Enterprise Products Partners LP's Net Margin % distribution charts can be found below:

* The bar in red indicates where Enterprise Products Partners LP's Net Margin % falls into.



Enterprise Products Partners LP Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Enterprise Products Partners LP's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=5532/49715
=11.13 %

Enterprise Products Partners LP's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1568/14622
=10.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Enterprise Products Partners LP  (NYSE:EPD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Enterprise Products Partners LP Net Margin % Related Terms

Thank you for viewing the detailed overview of Enterprise Products Partners LP's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Enterprise Products Partners LP (Enterprise Products Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
1100 Louisiana Street, 10th Floor, Houston, TX, USA, 77002
Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the Lower 48 states. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.
Executives
Aj Teague officer: Executive Vice President 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
John R Rutherford director 1100 LOUISIANA STREET, 10TH FLOOR, HOUSTON TX 77002
William C Montgomery director C/O APACHE CORPORATION, 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Rebecca G. Followill director 1100 LOUISIANA STREET, HOUSTON TX 77002
Carin Marcy Barth director
Randa Duncan Williams 10 percent owner 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Graham W. Bacon officer: Group Senior Vice President 1100 LOUISIANA STREET, HOUSTON TX 77002
Richard H Bachmann director, officer: Executive VP & CLO 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
W Randall Fowler director, officer: Sr. Vice President & Treasurer 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Robert D Sanders officer: EVP, Asset Optimization 1100 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Christian M. Nelly officer: EVP-Finance and Treasurer 1100 LOUISIANA STREET, HOUSTON TX 77002
Murray E Brasseux director 17 SOUTH BRIAR HOLLOW LANE, HOUSTON TX 77027
James T Hackett director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Edwin E Smith director 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Brent B. Secrest officer: Senior Vice President 1100 LOUISIANA STREET, HOUSTON TX 77002

Enterprise Products Partners LP (Enterprise Products Partners LP) Headlines

From GuruFocus

Enterprise 2022 K-1 Tax Packages Now Available

By Business Wire Business Wire 02-27-2023

Enterprise Declares Quarterly Distribution

By Business Wire 07-10-2023

Enterprise to Host Annual Investor and Analyst Day

By Business Wire Business Wire 03-27-2023

Enterprise Declares Quarterly Distribution

By Business Wire 10-05-2023

Enterprise to Participate in Investor Conferences

By Business Wire 01-05-2024

Enterprise to Participate in Investor Conferences

By Business Wire Business Wire 02-22-2023