ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) FY2025 Annual P&L / Income Statement
2025-01-01 to 2025-12-31
Revenue by Business Segment (8 categories)
2025-01-01 to 2025-12-31
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ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) FY2025 Annual P&L / Income Statement
Income statement for 2025-01-01 through 2025-12-31. View: Business segment (8 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenues
- 52,596,000,000 US dollars
- Operating costs, net of other operating income (calculated)
- 45,330,000,000 US dollars
- Operating income
- 7,266,000,000 US dollars
- Total other expense, net
- negative 1,367,000,000 US dollars
- Income before income taxes
- 5,899,000,000 US dollars
- Provision for income taxes (see Note 16)
- 23,000,000 US dollars
- Net income
- 5,876,000,000 US dollars
- NGL Pipelines & Services
- 84,375,000,000 US dollars
- Crude Oil Pipelines & Services
- 63,136,000,000 US dollars
- Natural Gas Pipelines & Services
- 5,127,000,000 US dollars
- Petrochemical & Refined Products Services
- 31,498,000,000 US dollars
- Total operating costs and expenses
- 45,440,000,000 US dollars
- Total general and administrative costs
- 251,000,000 US dollars
- Equity in income of unconsolidated affiliates
- negative 361,000,000 US dollars
- Revenue before reconciliation (calculated)
- 184,136,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- NGL Pipelines & Services
- negative 67,059,000,000 US dollars. Reported reconciliation to consolidated revenue.
- Crude Oil Pipelines & Services
- negative 42,375,000,000 US dollars. Reported reconciliation to consolidated revenue.
- Natural Gas Pipelines & Services
- negative 960,000,000 US dollars. Reported reconciliation to consolidated revenue.
- Petrochemical & Refined Products Services
- negative 21,146,000,000 US dollars. Reported reconciliation to consolidated revenue.
Chart connections
- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

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Operating margin
13.8%
Operating profit / revenue
Cash conversion
146.1%
Operating cash / net income, same period
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