EPD vs OKE vs ENB Stock Comparison

Enterprise Products Partners, Oneok and Enbridge Prices as of Oct 27, 2026 Peers: Industry group
OKE Oneok Inc /New/
$95.96 +8.3% 1M +38.5% 1Y
Market cap
$59.89B
P/E
16.4x
Revenue (TTM)
$39.37B
Div. yield
–
Oil and Gas Pipelines Energy
3 wins
ENB Enbridge Inc
$48.40 +3.6% 1M +2.4% 1Y
Market cap
$106.35B
P/E
25.8x
Revenue (TTM)
$60.45B
Div. yield
0.06%
Oil and Gas Pipelines Energy
1 win

Head to Head

12 decided of 12

Enterprise Products Partners leads on 8 of the 12 questions below (Enterprise Products Partners 8, Oneok 3, Enbridge 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEPDOKEENBLeader
Larger companyMarket capitalisation $81.76B $59.89B $106.35B ENB
Cheaper on earningsLower P/E, profitable companies only 13.0x 16.4x 25.8x EPD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.0x 15.6x 24.1x EPD
Faster revenue growthRevenue growth, trailing twelve months +6.8% +40.8% +31.0% OKE
More profitableNet margin, trailing twelve months 10.8% 9.3% 6.8% EPD
Better return on capitalReturn on invested capital 12.2% 8.4% 5.0% EPD
Less leveragedLower net debt / EBITDA 3.2x 4.3x 6.4x EPD
Higher dividend yieldTrailing dividend yield 0.06% 0.00% 0.06% EPD
Better 1-year returnPrice return, last 12 months +19.3% +38.5% +2.4% OKE
Better 5-year returnAnnualised price return, 5 years +10.0%/yr +7.9%/yr +2.7%/yr EPD
Less volatileAnnualised volatility, 1 year 18.5% 27.8% 18.5% EPD
Higher overall scoreMean of the five percentile scores vs peers 51/100 54/100 32/100 OKE

Percentile Scorecard

EPDOKEENB

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

AxisEPDOKEENB
Valuation 71 #11 of 35 50 #18 of 35 24 #27 of 35
Growth 24 #26 of 34 88 #5 of 34 39 #21 of 34
Profitability 49 #18 of 34 42 #20 of 34 24 #26 of 34
Financial Health 68 #12 of 35 35 #23 of 35 21 #28 of 35
Shareholder Returns 43 #18 of 31 57 #14 of 31 50 #16 of 31
Overall 51 54 32
  • EPD ranked among 35 companies in Oil and Gas Midstream
  • OKE 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

PeriodEPDOKEENBSPY
1 month +0.9%+8.3%+3.6% -0.2%
3 months -3.8%+8.1%-12.4% +3.9%
6 months -3.4%+6.9%-8.7% +8.2%
Year to date +16.0%+30.6%+1.2% +12.9%
1 year +19.3%+38.5%+2.4% +12.3%
3 years +37.3%+46.6%+54.2% +87.4%
3 years, per year +11.2%+13.6%+15.5% +23.3%
5 years +60.7%+46.5%+14.5% +67.9%
5 years, per year +10.0%+7.9%+2.7% +10.9%
10 years +42.6%+97.8%+9.6% +261.1%
10 years, per year +3.6%+7.1%+0.9% +13.7%

Risk

MeasureEPDOKEENBSPY
Volatility, 1Y 18.5%27.8%18.5% 12.7%
Downside volatility, 1Y 18.0%29.2%19.5% 12.7%
Beta vs S&P 500, 1Y -0.32-0.59-0.16 1.00
Return / volatility, 1Y 1.041.380.13 0.97
Max drawdown, 5Y -19.5%-45.1%-34.0% -25.4%
From 52-week high -6.6%-1.6%-16.6% -1.2%
52-week high $39.80$97.51$58.04 $779.14
52-week low $30.22$64.31$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.

MultipleEPDOKEENB
P/E now vs peer median 12.8xmedian 20.9x 16.6xmedian 20.9x 25.6xmedian 20.9x
P/S now vs peer median 1.4xmedian 2.7x 1.5xmedian 2.7x 1.7xmedian 2.7x
EV/EBITDA now vs peer median 11.0xmedian 11.0x 12.2xmedian 11.0x 15.0xmedian 11.0x
P/FCF now vs peer median 23.2xmedian 16.5x 20.8xmedian 16.5x 87.6xmedian 16.5x
P/B now vs peer median 2.6xmedian 2.6x 2.6xmedian 2.6x 2.2xmedian 2.6x
PEG now vs peer median 2.40median 1.95 7.52median 1.95 2.52median 1.95

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 monthsEPDOKEENB
Revenue $58.47B $39.37B $60.45B
Gross profit – $10.71B $22.34B
Operating income $7.85B $6.11B $8.06B
Net income $6.37B $3.66B $4.58B
Free cash flow $3.46B $2.91B $1.21B
EPS (diluted) $2.89 $5.78 $1.88
Cash & equivalents $246.00M $161.00M $1.42B
Total debt $33.23B $33.02B $78.92B
Shares (diluted) 2.19B 632.00M 2.19B
Enterprise value $80.15B $58.28B $101.95B

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
MetricEPDOKEENB
P/E 12.8x 16.6x 25.6x
P/FCF 23.2x 20.8x 87.6x
P/Operating cash flow 9.1x 9.8x 11.8x
P/S 1.4x 1.5x 1.7x
P/B 2.6x 2.6x 2.2x
P/Tangible book 3.0x 3.0x 2.3x
EV/EBITDA 11.0x 12.2x 15.0x
EV/EBIT 14.4x 15.3x 22.7x
EV/Revenue 1.9x 2.4x 3.0x
EV/FCF 32.7x 32.1x 151.8x
EV/Operating cash flow 12.8x 15.2x 20.4x
PEG (3Y EPS CAGR) 2.40 7.52 2.52

Growth

14 metrics
MetricEPDOKEENB
Revenue growth (1Y) 6.8% 40.8% 31.0%
Revenue CAGR (3Y) 3.8% 27.0% 19.5%
Gross profit growth (1Y) – 13.8% 8.0%
Gross profit CAGR (3Y) – 31.6% 5.1%
Operating income growth (1Y) 7.5% 14.3% 6.2%
Operating income CAGR (3Y) 5.0% 18.3% 19.8%
Net income growth (1Y) 7.5% 13.1% -6.9%
Net income CAGR (3Y) 4.7% 14.6% 13.7%
EPS growth (1Y) 7.7% 17.5% -7.5%
EPS CAGR (3Y) 5.3% 2.2% 10.2%
Operating cash flow growth (1Y) 0.6% 16.4% -2.9%
Operating cash flow CAGR (3Y) 6.9% 19.1% -2.6%
Free cash flow growth (1Y) -17.8% 0.8% -67.2%
Free cash flow CAGR (3Y) -9.0% 6.4% -42.0%

Profitability

14 metrics
MetricEPDOKEENB
Gross margin – 27.2% 36.9%
EBITDA margin 17.6% 19.4% 20.2%
Operating margin 13.4% 15.5% 13.3%
Pretax margin 10.9% 12.1% 9.6%
Net margin 10.8% 9.3% 6.8%
FCF margin 5.9% 7.4% 2.0%
Operating cash flow margin 15.2% 15.6% 14.9%
Return on equity 20.7% 16.1% 9.5%
Return on assets 7.8% 5.4% 2.8%
Return on invested capital 12.2% 8.4% 5.0%
Return on capital employed 12.3% 10.0% 5.5%
Asset turnover 0.7x 0.6x 0.4x
Cash conversion (OCF / net income) 1.4x 1.7x 2.0x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricEPDOKEENB
Debt / assets 40.6% 48.2% 48.4%
Debt / equity 1.1x 1.4x 1.6x
Net debt / EBITDA 3.2x 4.3x 6.4x
Debt / FCF 9.6x 11.4x 65.4x
Liabilities / assets 62.0% 66.4% 70.6%
Equity / assets 38.0% 33.6% 29.4%
Interest coverage 5.2x 3.4x 2.2x
Current ratio 0.9x 0.7x 0.7x
Quick ratio 0.6x 0.5x 0.5x
Cash ratio 0.0x 0.0x 0.1x
Altman Z-score – 1.69 0.93

Shareholder Returns

7 metrics
MetricEPDOKEENB
Dividend yield 5.9% 4.4% 8.0%
Net buyback yield 0.5% – 0.0%
Shareholder yield 6.4% 4.4% 7.9%
Payout ratio (earnings) 74.4% – 132.1%
Payout ratio (FCF) 136.9% – 500.8%
Dividend growth (1Y) 3.1% – 4.2%
Dividend CAGR (3Y) 4.1% – 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.

ConsensusEPDOKEENB
Forward P/E 13.0xFY2026 15.6xFY2026 24.1xFY2026
EPS, next fiscal year $2.87FY2026 $6.15FY2026 $2.01FY2026
EPS growth, next FY +7.9%FY2026 +13.5%FY2026 -8.6%FY2026
EPS growth, the year after +17.1% +3.7% +13.9%
Revenue, next fiscal year $66.68BFY2026 $45.02BFY2026 $61.75BFY2026
Revenue growth, next FY +26.8%FY2026 +33.9%FY2026 +30.1%FY2026
Revenue growth, the year after +2.5% -1.7% -14.7%
EPD estimates →OKE estimates →ENB estimates →

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEPDOKEENB
Held by institutions 24.8% 81.3% 48.7%
Institutions holding 1,581 1,655 1,501
Change in shares held, QoQ +0.8% +2.7% +2.0%
Institutions buying 670 822 660
Institutions selling 435 527 503
Buyers to sellers 1.54 1.56 1.31
EPD holders →OKE holders →ENB holders →

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.

EPDOKEENB
EPD 1.00 0.61 0.51
OKE 0.61 1.00 0.48
ENB 0.51 0.48 1.00

Add a Peer

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EPD · Oil and Gas Pipelines
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Plot all 73 Oil and Gas Pipelines stocks →

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Frequently Asked Questions

Which is bigger, EPD, OKE and ENB?

Enbridge (ENB) is the largest by market capitalisation: Enterprise Products Partners (EPD) $81.76B, Oneok (OKE) $59.89B, Enbridge (ENB) $106.35B.

Which stock is cheaper, EPD, OKE and ENB?

Enterprise Products Partners (EPD) trades on the lowest price-to-earnings ratio (Enterprise Products Partners (EPD) 13.0x, Oneok (OKE) 16.4x, Enbridge (ENB) 25.8x). On next year's consensus earnings, Enterprise Products Partners (EPD) is cheapest (Enterprise Products Partners (EPD) 13.0x, Oneok (OKE) 15.6x, Enbridge (ENB) 24.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Oneok (OKE) grew revenue fastest over the trailing twelve months: Enterprise Products Partners (EPD) +6.8%, Oneok (OKE) +40.8%, Enbridge (ENB) +31.0%.

Which company is more profitable?

Enterprise Products Partners (EPD) has the highest net margin (Enterprise Products Partners (EPD) 10.8%, Oneok (OKE) 9.3%, Enbridge (ENB) 6.8%). On return on invested capital, Enterprise Products Partners (EPD) leads (Enterprise Products Partners (EPD) 12.2%, Oneok (OKE) 8.4%, Enbridge (ENB) 5.0%).

Which stock has performed better?

Over the past year Oneok (OKE) returned the most: Enterprise Products Partners (EPD) +19.3%, Oneok (OKE) +38.5%, Enbridge (ENB) +2.4%. Over five years, Enterprise Products Partners (EPD) compounded fastest (Enterprise Products Partners (EPD) +10.0%/yr, Oneok (OKE) +7.9%/yr, Enbridge (ENB) +2.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Enterprise Products Partners (EPD) has the highest dividend yield: Enterprise Products Partners (EPD) 0.06%, Oneok (OKE) 0.00%, Enbridge (ENB) 0.06%. Oneok (OKE) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Enterprise Products Partners (EPD) has been the steadiest (Enterprise Products Partners (EPD) 18.5%, Oneok (OKE) 27.8%, Enbridge (ENB) 18.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EPD, OKE 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, Enterprise Products Partners (EPD) leads on 8. 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.