Enterprise Products Partners LP (EPD) - Net Assets
Based on the latest financial reports, Enterprise Products Partners LP (EPD) has net assets worth $30.49 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($77.90 Billion) and total liabilities ($47.41 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check EPD cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $30.49 Billion |
| % of Total Assets | 39.14% |
| Annual Growth Rate | 15.89% |
| 5-Year Change | 15.34% |
| 10-Year Change | 36.95% |
| Growth Volatility | 37.73 |
Enterprise Products Partners LP - Net Assets Trend (1998–2025)
This chart illustrates how Enterprise Products Partners LP's net assets have evolved over time, based on quarterly financial data. Also explore EPD total assets for the complete picture of this company's asset base.
Annual Net Assets for Enterprise Products Partners LP (1998–2025)
The table below shows the annual net assets of Enterprise Products Partners LP from 1998 to 2025. For live valuation and market cap data, see market cap of Enterprise Products Partners LP.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $30.49 Billion | +3.06% |
| 2024-12-31 | $29.59 Billion | +2.89% |
| 2023-12-31 | $28.76 Billion | +3.82% |
| 2022-12-31 | $27.70 Billion | +4.78% |
| 2021-12-31 | $26.44 Billion | +4.18% |
| 2020-12-31 | $25.38 Billion | -1.74% |
| 2019-12-31 | $25.83 Billion | +6.32% |
| 2018-12-31 | $24.29 Billion | +6.67% |
| 2017-12-31 | $22.77 Billion | +2.27% |
| 2016-12-31 | $22.27 Billion | +8.61% |
| 2015-12-31 | $20.50 Billion | +4.11% |
| 2014-12-31 | $19.69 Billion | +27.54% |
| 2013-12-31 | $15.44 Billion | +16.13% |
| 2012-12-31 | $13.30 Billion | +8.81% |
| 2011-12-31 | $12.22 Billion | +2.68% |
| 2010-12-31 | $11.90 Billion | +18.51% |
| 2009-12-31 | $10.04 Billion | +8.03% |
| 2008-12-31 | $9.30 Billion | +41.66% |
| 2007-12-31 | $6.56 Billion | -0.72% |
| 2006-12-31 | $6.61 Billion | +14.30% |
| 2005-12-31 | $5.78 Billion | +7.09% |
| 2004-12-31 | $5.40 Billion | +201.28% |
| 2003-12-31 | $1.79 Billion | +41.15% |
| 2002-12-31 | $1.27 Billion | +9.59% |
| 2001-12-31 | $1.16 Billion | +22.54% |
| 2000-12-31 | $945.53 Million | +18.55% |
| 1999-12-31 | $797.60 Million | +40.37% |
| 1998-12-31 | $568.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Enterprise Products Partners LP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $30.70 Billion | 103.23% |
| Other Comprehensive Income | $336.00 Million | 1.13% |
| Total Equity | $29.74 Billion | 100.00% |
Enterprise Products Partners LP Competitors by Market Cap
The table below lists competitors of Enterprise Products Partners LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ADVANTEST ADR NEW/1 O.N.
F:VANA
|
$79.38 Billion |
|
Glencore PLC
JSE:GLN
|
$79.52 Billion |
|
Barclays PLC
MX:BCSN
|
$79.83 Billion |
|
Freeport-McMoran Copper & Gold Inc
NYSE:FCX
|
$79.87 Billion |
|
Cadence Design Systems Inc
NASDAQ:CDNS
|
$79.29 Billion |
|
Petróleo Brasileiro S.A. - Petrobras
SA:PETR3
|
$79.28 Billion |
|
TOKYO ELECTRON ADR 1/4/ON
F:TKY0
|
$79.22 Billion |
|
Lloyds Banking Group plc
MX:LYGN
|
$79.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enterprise Products Partners LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 28,732,000,000 to 29,739,000,000, a change of 1,007,000,000 (3.5%).
- Net income of 5,814,000,000 contributed positively to equity growth.
- Dividend payments of 4,678,000,000 reduced retained earnings.
- Share repurchases of 300,000,000 reduced equity.
- Other comprehensive income increased equity by 100,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.81 Billion | +19.55% |
| Dividends Paid | $4.68 Billion | -15.73% |
| Share Repurchases | $300.00 Million | -1.01% |
| Other Comprehensive Income | $100.00 Million | +0.34% |
| Other Changes | $71.00 Million | +0.24% |
| Total Change | $- | 3.50% |
Book Value vs Market Value Analysis
This analysis compares Enterprise Products Partners LP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.85x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 15.58x to 2.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $2.48 | $38.67 | x |
| 1999-12-31 | $4.33 | $38.67 | x |
| 2000-12-31 | $5.03 | $38.67 | x |
| 2001-12-31 | $5.62 | $38.67 | x |
| 2002-12-31 | $3.59 | $38.67 | x |
| 2003-12-31 | $3.35 | $38.67 | x |
| 2004-12-31 | $9.81 | $38.67 | x |
| 2005-12-31 | $7.41 | $38.67 | x |
| 2006-12-31 | $6.58 | $38.67 | x |
| 2007-12-31 | $7.06 | $38.67 | x |
| 2008-12-31 | $6.82 | $38.67 | x |
| 2009-12-31 | $23.01 | $38.67 | x |
| 2010-12-31 | $6.74 | $38.67 | x |
| 2011-12-31 | $7.04 | $38.67 | x |
| 2012-12-31 | $7.34 | $38.67 | x |
| 2013-12-31 | $8.13 | $38.67 | x |
| 2014-12-31 | $9.32 | $38.67 | x |
| 2015-12-31 | $10.08 | $38.67 | x |
| 2016-12-31 | $10.41 | $38.67 | x |
| 2017-12-31 | $10.47 | $38.67 | x |
| 2018-12-31 | $10.91 | $38.67 | x |
| 2019-12-31 | $11.25 | $38.67 | x |
| 2020-12-31 | $11.06 | $38.67 | x |
| 2021-12-31 | $11.50 | $38.67 | x |
| 2022-12-31 | $12.11 | $38.67 | x |
| 2023-12-31 | $12.61 | $38.67 | x |
| 2024-12-31 | $13.11 | $38.67 | x |
| 2025-12-31 | $13.59 | $38.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enterprise Products Partners LP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.05%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.62x
- Recent ROE (19.55%) is above the historical average (13.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 1.81% | 1.38% | 1.00x | 1.32x | $-46.05 Million |
| 1999 | 15.24% | 8.93% | 0.90x | 1.89x | $41.35 Million |
| 2000 | 23.56% | 7.23% | 1.56x | 2.08x | $126.91 Million |
| 2001 | 21.12% | 7.62% | 1.31x | 2.11x | $127.49 Million |
| 2002 | 7.66% | 2.56% | 0.85x | 3.52x | $-28.15 Million |
| 2003 | 6.13% | 1.96% | 1.11x | 2.82x | $-66.05 Million |
| 2004 | 5.14% | 3.22% | 0.74x | 2.17x | $-253.97 Million |
| 2005 | 7.39% | 3.42% | 0.97x | 2.22x | $-148.42 Million |
| 2006 | 9.28% | 4.30% | 1.00x | 2.16x | $-46.87 Million |
| 2007 | 8.70% | 3.15% | 1.02x | 2.71x | $-79.49 Million |
| 2008 | 15.99% | 4.36% | 0.90x | 4.06x | $357.43 Million |
| 2009 | 2.15% | 0.80% | 0.98x | 2.75x | $-747.11 Million |
| 2010 | 2.82% | 0.95% | 1.08x | 2.76x | $-816.62 Million |
| 2011 | 16.90% | 4.62% | 1.30x | 2.82x | $835.56 Million |
| 2012 | 18.35% | 5.68% | 1.19x | 2.72x | $1.10 Billion |
| 2013 | 17.07% | 5.44% | 1.19x | 2.64x | $1.08 Billion |
| 2014 | 15.43% | 5.81% | 1.02x | 2.61x | $981.08 Million |
| 2015 | 12.42% | 9.33% | 0.55x | 2.40x | $491.69 Million |
| 2016 | 11.40% | 10.92% | 0.44x | 2.37x | $308.40 Million |
| 2017 | 12.42% | 9.57% | 0.54x | 2.41x | $544.58 Million |
| 2018 | 17.49% | 11.42% | 0.64x | 2.39x | $1.79 Billion |
| 2019 | 18.54% | 14.00% | 0.53x | 2.49x | $2.11 Billion |
| 2020 | 15.51% | 13.88% | 0.42x | 2.63x | $1.34 Billion |
| 2021 | 18.31% | 11.37% | 0.60x | 2.67x | $2.11 Billion |
| 2022 | 20.62% | 9.44% | 0.85x | 2.56x | $2.83 Billion |
| 2023 | 19.99% | 11.13% | 0.70x | 2.57x | $2.76 Billion |
| 2024 | 20.54% | 10.50% | 0.73x | 2.69x | $3.03 Billion |
| 2025 | 19.55% | 11.05% | 0.68x | 2.62x | $2.84 Billion |
Industry Comparison
This section compares Enterprise Products Partners LP's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $799,920,188
- Average return on equity (ROE) among peers: 28.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enterprise Products Partners LP (EPD) | $30.49 Billion | 1.81% | 1.55x | $79.38 Billion |
| Antero Midstream Partners LP (AM) | $532.52 Million | 0.00% | 0.09x | $10.22 Billion |
| CBL International Limited Ordinary Shares (BANL) | $12.11 Million | 30.42% | 1.11x | $12.00 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $242.83 Million | 18.02% | 0.00x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $105.09 Million | 25.91% | 3.51x | $284.93 Million |
| Cheniere Energy Partners LP (CQP) | $-545.02 Million | 0.00% | 0.00x | $30.47 Billion |
| Cheniere Energy Partners LP (CQP) | $715.00 Million | 164.34% | 26.11x | $25.77 Billion |
| DHT Holdings Inc (DHT) | $1.03 Billion | 15.64% | 0.45x | $2.56 Billion |
| Dynagas LNG Partners LP (DLNG) | $367.84 Million | 16.33% | 2.01x | $140.43 Million |
| DT Midstream Inc (DTM) | $4.77 Billion | 7.43% | 1.08x | $12.24 Billion |
| Excelerate Energy Inc (EE) | $771.16 Million | 5.03% | 1.93x | $1.10 Billion |
About Enterprise Products Partners LP
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. It operates in four segments: NGL Pipelines & Services; Crude Oil Pipelines & Services; Natural Gas Pipelines & Services; and Petrochemical & Refined Products Services. The NGL Pipelines & Services segment offe… Read more