Enterprise Products Partners L.P.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $52.60B | $56.22B | $49.72B | $58.19B | $40.81B | $27.20B | $32.79B | $36.53B |
| Cost of Revenue | $38.57B | $42.58B | $37.02B | $45.84B | $29.89B | $16.72B | $22.07B | $26.79B |
| Gross Profit | $14.03B | $13.64B | $12.69B | $12.35B | $10.92B | $10.48B | $10.72B | $9.74B |
| Gross Margin | 26.7% | 24.3% | 25.5% | 21.2% | 26.8% | 38.5% | 32.7% | 26.7% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $251.0M | $244.0M | $231.0M | $241.0M | $209.0M | $220.0M | $211.7M | $208.3M |
| Operating Income | $7.27B | $7.34B | $6.93B | $6.91B | $6.10B | $5.04B | $6.08B | $5.41B |
| Operating Margin | 13.8% | 13.1% | 13.9% | 11.9% | 15.0% | 18.5% | 18.5% | 14.8% |
| Interest Expense | — | — | $1.27B | $1.24B | $1.28B | $1.29B | $1.24B | $1.10B |
| Pretax Income | $5.90B | $6.04B | $5.70B | $5.70B | $4.83B | $3.76B | $4.73B | $4.30B |
| Income Tax Expense | $23.0M | $65.0M | $44.0M | $82.0M | $70.0M | $-124.0M | $45.6M | $60.3M |
| Net Income | $5.81B | $5.90B | $5.53B | $5.49B | $4.63B | $3.78B | $4.59B | $4.17B |
| Net Margin | 11.0% | 10.5% | 11.1% | 9.4% | 11.4% | 13.9% | 14.0% | 11.4% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Diluted) | 2.19B | 2.19B | 2.19B | 2.20B | 2.20B | 2.20B | 2.20B | 2.19B |
| Dividends Per Share | — | — | — | — | — | — | — | — |