EPD vs ET vs ENB Stock Comparison

Enterprise Products Partners, Energy Transfer and Enbridge Prices as of Oct 23, 2026 Peers: Industry group
ET Energy Transfer LP
$20.44 -0.3% 1M +21.3% 1Y
Market cap
$71.13B
P/E
14.1x
Revenue (TTM)
$107.38B
Div. yield
0.07%
Oil and Gas Pipelines Energy
7 wins
ENB Enbridge Inc
$48.13 +0.6% 1M +2.0% 1Y
Market cap
$105.44B
P/E
25.6x
Revenue (TTM)
$60.45B
Div. yield
0.06%
Oil and Gas Pipelines Energy
1 win

Head to Head

12 decided of 12

Energy Transfer leads on 7 of the 12 questions below (Energy Transfer 7, Enterprise Products Partners 4, Enbridge 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEPDETENBLeader
Larger companyMarket capitalisation $79.97B $71.13B $105.44B ENB
Cheaper on earningsLower P/E, profitable companies only 12.7x 14.1x 25.6x EPD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.9x 11.4x 24.2x ET
Faster revenue growthRevenue growth, trailing twelve months +6.8% +33.3% +31.0% ET
More profitableNet margin, trailing twelve months 10.8% 4.7% 6.8% EPD
Better return on capitalReturn on invested capital 12.2% 8.4% 5.0% EPD
Less leveragedLower net debt / EBITDA 3.2x 4.0x 6.4x EPD
Higher dividend yieldTrailing dividend yield 0.06% 0.07% 0.06% ET
Better 1-year returnPrice return, last 12 months +19.8% +21.3% +2.0% ET
Better 5-year returnAnnualised price return, 5 years +8.7%/yr +15.7%/yr +2.4%/yr ET
Less volatileAnnualised volatility, 1 year 18.5% 17.4% 18.6% ET
Higher overall scoreMean of the five percentile scores vs peers 53/100 63/100 31/100 ET

Percentile Scorecard

EPDETENB

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEPDETENB
Valuation 77 #9 of 35 94 #3 of 35 24 #27 of 35
Growth 24 #26 of 34 64 #13 of 34 39 #21 of 34
Profitability 49 #18 of 34 30 #24 of 34 24 #26 of 34
Financial Health 68 #12 of 35 59 #15 of 35 21 #28 of 35
Shareholder Returns 50 #16 of 31 70 #10 of 31 47 #17 of 31
Overall 53 63 31
  • EPD ranked among 35 companies in Oil and Gas Midstream
  • ET ranked among 35 companies in Oil and Gas Midstream
  • ENB ranked among 35 companies in Oil and Gas Midstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEPDETENBSPY
1 month -1.3%-0.3%+0.6% -1.0%
3 months -4.3%+0.4%-15.3% +2.9%
6 months -2.4%+7.1%-9.7% +6.4%
Year to date +15.7%+24.0%+0.6% +11.4%
1 year +19.8%+21.3%+2.0% +13.1%
3 years +34.6%+48.7%+49.8% +79.4%
3 years, per year +10.4%+14.1%+14.4% +21.5%
5 years +51.8%+106.9%+12.5% +67.7%
5 years, per year +8.7%+15.7%+2.4% +10.9%
10 years +38.6%+24.0%+9.2% +255.2%
10 years, per year +3.3%+2.2%+0.9% +13.5%

Risk

MeasureEPDETENBSPY
Volatility, 1Y 18.5%17.4%18.6% 12.7%
Downside volatility, 1Y 18.1%16.6%19.5% 12.7%
Beta vs S&P 500, 1Y -0.31-0.21-0.16 1.00
Return / volatility, 1Y 1.071.220.11 1.03
Max drawdown, 5Y -19.5%-25.8%-34.0% -25.4%
From 52-week high -6.8%-6.0%-17.1% -2.5%
52-week high $39.80$21.74$58.04 $779.14
52-week low $30.22$16.21$45.23 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEPDETENB
P/E now vs peer median 12.7xmedian 21.3x 13.9xmedian 21.3x 25.5xmedian 21.3x
P/S now vs peer median 1.4xmedian 2.7x 0.7xmedian 2.7x 1.7xmedian 2.7x
EV/EBITDA now vs peer median 11.0xmedian 11.0x 8.2xmedian 11.0x 15.0xmedian 11.0x
P/FCF now vs peer median 23.1xmedian 16.4x 13.5xmedian 16.4x 87.1xmedian 16.4x
P/B now vs peer median 2.6xmedian 2.6x 1.4xmedian 2.6x 2.2xmedian 2.6x
PEG now vs peer median 2.39median 1.93 2.00median 1.93 2.50median 1.93

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEPDETENB
Revenue $58.47B $107.38B $60.45B
Gross profit – $25.32B $22.34B
Operating income $7.85B $10.78B $8.06B
Net income $6.37B $7.04B $4.58B
Free cash flow $3.46B $5.22B $1.21B
EPS (diluted) $2.89 $1.46 $1.88
Cash & equivalents $246.00M $1.02B $1.42B
Total debt $133.45B $68.41B $78.92B
Shares (diluted) 2.19B 3.46B 2.19B
Enterprise value $78.35B $64.32B $101.04B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEPDETENB
P/E 12.7x 13.9x 25.5x
P/FCF 23.1x 13.5x 87.1x
P/Operating cash flow 9.0x 5.8x 11.7x
P/S 1.4x 0.7x 1.7x
P/B 2.6x 1.4x 2.2x
P/Tangible book 3.0x 1.6x 2.3x
EV/EBITDA 11.0x 8.2x 15.0x
EV/EBIT 14.4x 12.8x 22.7x
EV/Revenue 1.9x 1.3x 3.0x
EV/FCF 32.7x 26.4x 151.3x
EV/Operating cash flow 12.8x 11.4x 20.3x
PEG (3Y EPS CAGR) 2.39 2.00 2.50

Growth

14 metrics
MetricEPDETENB
Revenue growth (1Y) 6.8% 33.3% 31.0%
Revenue CAGR (3Y) 3.8% 10.0% 19.5%
Gross profit growth (1Y) – 18.9% 8.0%
Gross profit CAGR (3Y) – 13.2% 5.1%
Operating income growth (1Y) 7.5% 16.5% 6.2%
Operating income CAGR (3Y) 5.0% 12.0% 19.8%
Net income growth (1Y) 7.5% 16.1% -6.9%
Net income CAGR (3Y) 4.7% 9.0% 13.7%
EPS growth (1Y) 7.7% 12.6% -7.5%
EPS CAGR (3Y) 5.3% 7.0% 10.2%
Operating cash flow growth (1Y) 0.6% 8.8% -2.9%
Operating cash flow CAGR (3Y) 6.9% 5.9% -2.6%
Free cash flow growth (1Y) -17.8% -8.5% -67.2%
Free cash flow CAGR (3Y) -9.0% -7.3% -42.0%

Profitability

14 metrics
MetricEPDETENB
Gross margin – 23.6% 36.9%
EBITDA margin 17.6% 15.7% 20.2%
Operating margin 13.4% 10.0% 13.3%
Pretax margin 10.9% 7.1% 9.6%
Net margin 10.8% 4.7% 6.8%
FCF margin 5.9% 4.9% 2.0%
Operating cash flow margin 15.2% 11.3% 14.9%
Return on equity 20.7% 14.0% 9.5%
Return on assets 7.8% 4.8% 2.8%
Return on invested capital 12.2% 8.4% 5.0%
Return on capital employed 12.3% 8.4% 5.5%
Asset turnover 0.7x 0.7x 0.4x
Cash conversion (OCF / net income) 1.4x 1.7x 2.0x
Stock comp / revenue – 0.2% –

Financial Health

11 metrics
MetricEPDETENB
Debt / assets 40.6% 46.2% 48.4%
Debt / equity 1.1x 1.4x 1.6x
Net debt / EBITDA 3.2x 4.0x 6.4x
Debt / FCF 9.6x 13.1x 65.4x
Liabilities / assets 62.0% 65.9% 70.6%
Equity / assets 38.0% 34.1% 29.4%
Interest coverage 5.2x 2.9x 2.2x
Current ratio 0.9x 1.2x 0.7x
Quick ratio 0.6x 0.9x 0.5x
Cash ratio 0.0x 0.1x 0.1x
Altman Z-score – – 0.92

Shareholder Returns

7 metrics
MetricEPDETENB
Dividend yield 5.9% 6.6% 8.0%
Net buyback yield 0.5% – 0.0%
Shareholder yield 6.5% 6.6% 8.0%
Payout ratio (earnings) 74.4% 67.9% 132.1%
Payout ratio (FCF) 136.9% 91.6% 500.8%
Dividend growth (1Y) 3.1% 2.9% 4.2%
Dividend CAGR (3Y) 4.1% 8.0% 4.6%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEPDETENB
Forward P/E 12.9xFY2026 11.4xFY2026 24.2xFY2026
EPS, next fiscal year $2.87FY2026 $1.80FY2026 $1.99FY2026
EPS growth, next FY +7.9%FY2026 +48.8%FY2026 -9.5%FY2026
EPS growth, the year after +17.1% -9.4% +15.1%
Revenue, next fiscal year $66.68BFY2026 $124.23BFY2026 $61.02BFY2026
Revenue growth, next FY +26.8%FY2026 +45.2%FY2026 +28.6%FY2026
Revenue growth, the year after +2.5% +1.4% -14.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEPDETENB
Held by institutions 24.8% 31.4% 48.7%
Institutions holding 1,580 1,279 1,501
Change in shares held, QoQ +0.8% +1.9% +2.0%
Institutions buying 670 628 660
Institutions selling 435 340 503
Buyers to sellers 1.54 1.85 1.31

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EPDETENB
EPD 1.00 0.60 0.51
ET 0.60 1.00 0.43
ENB 0.51 0.43 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EPD, ET and ENB?

Enbridge (ENB) is the largest by market capitalisation: Enterprise Products Partners (EPD) $79.97B, Energy Transfer (ET) $71.13B, Enbridge (ENB) $105.44B.

Which stock is cheaper, EPD, ET and ENB?

Enterprise Products Partners (EPD) trades on the lowest price-to-earnings ratio (Enterprise Products Partners (EPD) 12.7x, Energy Transfer (ET) 14.1x, Enbridge (ENB) 25.6x). On next year's consensus earnings, Energy Transfer (ET) is cheapest (Enterprise Products Partners (EPD) 12.9x, Energy Transfer (ET) 11.4x, Enbridge (ENB) 24.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Energy Transfer (ET) grew revenue fastest over the trailing twelve months: Enterprise Products Partners (EPD) +6.8%, Energy Transfer (ET) +33.3%, Enbridge (ENB) +31.0%.

Which company is more profitable?

Enterprise Products Partners (EPD) has the highest net margin (Enterprise Products Partners (EPD) 10.8%, Energy Transfer (ET) 4.7%, Enbridge (ENB) 6.8%). On return on invested capital, Enterprise Products Partners (EPD) leads (Enterprise Products Partners (EPD) 12.2%, Energy Transfer (ET) 8.4%, Enbridge (ENB) 5.0%).

Which stock has performed better?

Over the past year Energy Transfer (ET) returned the most: Enterprise Products Partners (EPD) +19.8%, Energy Transfer (ET) +21.3%, Enbridge (ENB) +2.0%. Over five years, Energy Transfer (ET) compounded fastest (Enterprise Products Partners (EPD) +8.7%/yr, Energy Transfer (ET) +15.7%/yr, Enbridge (ENB) +2.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Energy Transfer (ET) has the highest dividend yield: Enterprise Products Partners (EPD) 0.06%, Energy Transfer (ET) 0.07%, Enbridge (ENB) 0.06%.

Which stock is riskier?

By one-year price volatility, Energy Transfer (ET) has been the steadiest (Enterprise Products Partners (EPD) 18.5%, Energy Transfer (ET) 17.4%, Enbridge (ENB) 18.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EPD, ET and ENB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Energy Transfer (ET) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.