NYSE: EPD

ENTERPRISE PRODUCTS PARTNERS L.P.

CIK 0001061219 · SIC 4922 · Natural Gas Distribution

Mega Revenue $52.6B Assets $83.7B as of Nov 5, 2026

Every 8-K is open in full. Other 10-Ks and 10-Qs show a 3-bullet preview. A free account reads 3 more full reports a month. Generating a report requires a verified account.

Sign up free

Want to see a complete report first? Today's free report (MAN 10-Q) is open in full — no account needed.

424B3 Filed Nov 5, 2026

Summary not yet generated.

10-Q Filed Nov 4, 2026 · Period ending Sep 30, 2026

Summary not yet generated.

Partner

Trade EPD commission-free

Open an account, get a free stock.

Sign up

Investing involves risk. Free stock terms apply.

8-K Filed Oct 29, 2026 · Period ending Oct 29, 2026

Summary not yet generated.

10-Q Filed Aug 7, 2026 · Period ending Jun 30, 2026

Summary not yet generated.

8-K Filed Jul 30, 2026 · Period ending Jul 30, 2026

Summary not yet generated.

8-K Filed Jul 1, 2026 · Period ending Jul 1, 2026

Summary not yet generated.

10-K Filed Feb 27, 2026 · Period ending Dec 31, 2025

Summary not yet generated.

424B5 Filed Nov 12, 2025

Summary not yet generated.

424B3 Filed Nov 10, 2025

Summary not yet generated.

424B5 Filed Jun 18, 2025

Summary not yet generated.

424B3 Filed Jun 17, 2025

Summary not yet generated.

10-K Filed Feb 28, 2025 · Period ending Dec 31, 2024

Summary not yet generated.

424B5 Filed Aug 2, 2024

Summary not yet generated.

Latest financial statements

From 10-Q filed Nov 4, 2026 (period ending Sep 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.

As filed

Condensed Statements of Consolidated Operations (Unaudited)

(Dollars in millions, except per unit amounts)

Description Three months ended September 30, 2026 Three months ended September 30, 2025 Nine months ended September 30, 2026 Nine months ended September 30, 2025
Revenues:
Third parties 17,934 12,009 50,559 38,765
Related parties 14 14 44 38
Total revenues (see Note 9) 17,948 12,023 50,603 38,803
Costs and expenses:
Operating costs and expenses:
Third party and other costs 15,538 9,956 43,229 32,442
Related parties 447 410 1,324 1,206
Total operating costs and expenses 15,985 10,366 44,553 33,648
General and administrative costs:
Third party and other costs 21 24 77 77
Related parties 39 37 111 112
Total general and administrative costs 60 61 188 189
Total costs and expenses (see Note 10) 16,045 10,427 44,741 33,837
Equity in income of unconsolidated affiliates 87 90 272 276
Operating income 1,990 1,686 6,134 5,242
Other income (expense):
Interest expense (385) (354) (1,154) (1,026)
Interest income 4 9 15 23
Other, net 46 2 46 4
Total other expense, net (335) (343) (1,093) (999)
Income before income taxes 1,655 1,343 5,041 4,243
Benefit from (provision for) income taxes (see Note 15) (17) 13 (51) (27)
Net income 1,638 1,356 4,990 4,216
Net income attributable to noncontrolling interests (13) (17) (41) (47)
Net income attributable to preferred units (1) (1) (3) (3)
Net income attributable to common unitholders 1,624 1,338 4,946 4,166
Earnings per unit: (see Note 11)
Basic earnings per common unit 0.75 0.61 2.27 1.91
Diluted earnings per common unit 0.75 0.61 2.27 1.90

Condensed Consolidated Balance Sheets (Unaudited)

(Dollars in millions)

Description September 30, 2026 December 31, 2025
ASSETS
Current assets:
Cash and cash equivalents 232 969
Restricted cash 107 276
Accounts receivable trade, net of allowance for credit losses of $23 at September 30, 2026 and $35 at December 31, 2025 10,613 6,494
Accounts receivable related parties 2 1
Inventories (see Note 3) 4,907 3,884
Derivative assets (see Note 13) 721 434
Prepaid and other current assets 899 1,302
Total current assets 17,481 13,360
Property, plant and equipment, net (see Note 4) 52,588 51,359
Investments in unconsolidated affiliates (see Note 5) 2,142 2,185
Intangible assets, net (see Note 6) 3,988 4,159
Goodwill (see Note 6) 5,712 5,712
Operating lease right-of-use assets, net (see Note 16) 737 437
Other assets 1,011 690
Total assets 83,659 77,902
LIABILITIES AND EQUITY
Current liabilities:
Current maturities of debt (see Note 7) 2,234 1,625
Accounts payable trade 1,224 1,021
Accounts payable related parties 204 217
Accrued product payables 13,074 8,183
Accrued interest 288 566
Derivative liabilities (see Note 13) 683 347
Current operating lease liabilities (see Note 16) 86 94
Other current liabilities 993 779
Total current liabilities 18,786 12,832
Long-term debt (see Note 7) 31,209 32,770
Deferred tax liabilities (see Note 15) 731 702
Long-term operating lease liabilities (see Note 16) 685 377
Other long-term liabilities 1,018 607
Commitments and contingent liabilities (see Note 16)
Redeemable preferred limited partner interests: (see Note 8)
Series A cumulative convertible preferred units (“preferred units”) (45,412 units outstanding at September 30, 2026 and December 31, 2025) 44 44
Equity: (see Note 8)
Partners’ equity:
Common limited partner interests (2,156,604,858 units issued and outstanding at September 30, 2026, 2,161,760,683 units issued and outstanding at December 31, 2025) 31,719 30,700
Treasury units, at cost (1,297) (1,297)
Accumulated other comprehensive income (loss) (43) 336
Total partners’ equity 30,379 29,739
Noncontrolling interests in consolidated subsidiaries 807 831
Total equity 31,186 30,570
Total liabilities, preferred units, and equity 83,659 77,902

Condensed Statements of Consolidated Cash Flows (Unaudited)

(Dollars in millions)

Description Nine months ended September 30, 2026 Nine months ended September 30, 2025
Operating activities:
Net income 4,990 4,216
Reconciliation of net income to net cash flow provided by operating activities:
Depreciation and accretion 1,695 1,561
Amortization of intangible assets 176 159
Amortization of major maintenance costs for reaction-based plants 88 49
Amortization of finance lease right-of-use assets 10 2
Other amortization expense 193 170
Impairment of assets other than goodwill 24 38
Equity in income of unconsolidated affiliates (272) (276)
Distributions received from unconsolidated affiliates attributable to earnings 268 280
Net losses (gains) attributable to asset sales and related matters 2 (13)
Deferred income tax expense (benefit) 30 (1)
Change in fair market value of derivative instruments (18) 24
Non-cash expense related to long-term operating leases (see Note 16) 76 82
Net effect of changes in operating accounts (see Note 17) (433) (169)
Other operating activities 6 (9)
Net cash flow provided by operating activities 6,835 6,113
Investing activities:
Capital expenditures (3,199) (4,319)
Investments in unconsolidated affiliates – (1)
Distributions received from unconsolidated affiliates attributable to the return of capital 50 56
Proceeds from asset sales and other matters 600 21
Other investing activities (22) (13)
Net cash flow used in investing activities (2,571) (4,256)
Financing activities:
Borrowings under debt agreements 75,136 71,034
Repayments of debt (76,101) (69,349)
Debt issuance costs (6) (29)
Monetization of interest rate derivative instruments – 14
Cash distributions paid to common unitholders (see Note 8) (3,588) (3,499)
Cash payments made in connection with distribution equivalent rights (35) (33)
Cash distributions paid to noncontrolling interests (66) (68)
Cash contributions from noncontrolling interests 1 5
Repurchase of common units under 2019 Buyback Program (387) (250)
Other financing activities (124) (88)
Net cash flow used in financing activities (5,170) (2,263)
Net change in cash and cash equivalents, including restricted cash (906) (406)
Cash and cash equivalents, including restricted cash, at beginning of period 1,245 838
Cash and cash equivalents, including restricted cash, at end of period 339 432

Amounts as printed on the EDGAR/iXBRL face — (Dollars in millions, except per unit amounts); (Dollars in millions). Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗

View all filings for EPD on SEC EDGAR