Enterprise Products Partners (EPD) Operating Expenses (2009 - 2026)
Enterprise Products Partners' (EPD) quarterly Operating Expenses came in at $16.1 billion in Q2 2026, up 66.97% year-over-year from $9.7 billion in Q2 2025, and up 28.34% quarter-over-quarter from $12.6 billion in Q1 2026.
Analysis
Enterprise Products Partners (EPD) Operating Expenses (2009 - 2026) Analysis & Trends
Enterprise Products Partners (EPD) has reported Operating Expenses for 18 consecutive years, with $16.1 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 66.97% year-over-year to $16.1 billion in Q2 2026; TTM through Jun 2026 was $51.0 billion, a 6.56% increase from a year earlier, with the FY2025 full-year figure at $45.7 billion, down 7.3% from the prior year.
- Operating Expenses was $16.1 billion for Q2 2026 at Enterprise Products Partners, up from $12.6 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $16.1 billion in Q2 2026 and troughed at $9.2 billion in Q2 2023.
- A 5-year average of $12.1 billion and a median of $12.1 billion in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 77.4% in 2022 and plunged 36.17% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $12.0 billion in 2022, then climbed by 6.68% to $12.8 billion in 2023, then declined by 3.75% to $12.3 billion in 2024, then dropped by 3.91% to $11.9 billion in 2025, then jumped by 36.06% to $16.1 billion in 2026.
- The last three Operating Expenses figures came in at $16.1 billion (Q2 2026), $12.6 billion (Q1 2026), and $11.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 16.13 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 30.76 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | - |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 354.10 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.93 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 4.00 Mn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 19.09 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 132.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.13 Bn |
| Mar 31, 2026 | 12.57 Bn |
| Dec 31, 2025 | 11.85 Bn |
| Sep 30, 2025 | 10.43 Bn |
| Jun 30, 2025 | 9.66 Bn |
| Mar 31, 2025 | 13.75 Bn |
| Dec 31, 2024 | 12.34 Bn |
| Sep 30, 2024 | 12.09 Bn |
| Jun 30, 2024 | 11.82 Bn |
| Mar 31, 2024 | 13.04 Bn |
| Dec 31, 2023 | 12.82 Bn |
| Sep 30, 2023 | 10.43 Bn |
| Jun 30, 2023 | 9.19 Bn |
| Mar 31, 2023 | 10.81 Bn |
| Dec 31, 2022 | 12.01 Bn |
| Sep 30, 2022 | 13.87 Bn |
| Jun 30, 2022 | 14.40 Bn |
| Mar 31, 2022 | 11.46 Bn |
| Dec 31, 2021 | 10.10 Bn |
| Sep 30, 2021 | 9.46 Bn |