Enterprise Products Partners (EPDU) Operating Expenses (2009 - 2026)
Enterprise Products Partners' (EPDU) quarterly Operating Expenses came in at $12.5 billion in Q1 2026, down 8.67% year-on-year from $13.7 billion in Q1 2025, and up 6.03% sequentially from $11.8 billion in Q4 2025.
Enterprise Products Partners (EPDU) Operating Expenses (2009 - 2026) Analysis & Trends
Enterprise Products Partners' Operating Expenses history runs 18 years deep, the most recent figure standing at $12.5 billion for Q1 2026.
- In Q1 2026, Operating Expenses fell 8.67% year-over-year to $12.5 billion; the TTM figure through Mar 2026 stood at $44.3 billion (down 11.16% YoY), while the FY2025 annual figure was $45.4 billion, down 7.35% from the prior year.
- Operating Expenses came in at $12.5 billion for Q1 2026 at Enterprise Products Partners, up from $11.8 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $14.4 billion in Q2 2022 and troughed at $9.1 billion in Q2 2023.
- The 5-year median for Operating Expenses is $12.0 billion (2022), against an average of $11.9 billion.
- The widest annual swing landed in 2022, when Operating Expenses jumped 78.54%; it then tumbled 36.56% in 2023.
- A 5-year view of Operating Expenses shows it stood at $12.0 billion in 2022, then climbed by 4.75% to $12.6 billion in 2023, then retreated by 2.46% to $12.3 billion in 2024, then declined by 3.94% to $11.8 billion in 2025, then gained by 6.03% to $12.5 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $12.5 billion in Q1 2026, $11.8 billion in Q4 2025, and $10.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 13.95 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 3.38 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 12.50 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.70 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 333.70 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.82 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 7.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 274.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.45 Bn |
| 10 | Enterprise Products Partners | - | - | - | 12.50 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.50 Bn |
| Dec 31, 2025 | 11.79 Bn |
| Sep 30, 2025 | 10.43 Bn |
| Jun 30, 2025 | 9.59 Bn |
| Mar 31, 2025 | 13.69 Bn |
| Dec 31, 2024 | 12.28 Bn |
| Sep 30, 2024 | 12.09 Bn |
| Jun 30, 2024 | 11.82 Bn |
| Mar 31, 2024 | 13.04 Bn |
| Dec 31, 2023 | 12.59 Bn |
| Sep 30, 2023 | 10.43 Bn |
| Jun 30, 2023 | 9.14 Bn |
| Mar 31, 2023 | 10.76 Bn |
| Dec 31, 2022 | 12.01 Bn |
| Sep 30, 2022 | 13.81 Bn |
| Jun 30, 2022 | 14.40 Bn |
| Mar 31, 2022 | 11.40 Bn |
| Dec 31, 2021 | 10.05 Bn |
| Sep 30, 2021 | 9.41 Bn |
| Jun 30, 2021 | 8.07 Bn |