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
DateValue
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