Enterprise Products Partners L.P.

EPDNYSEEnergy● Active

$37.72

$-0.09(-0.25%)

Market Cap$81.6B

P/E Ratio—

52W High$40.17

52W Low$30.01

Avg Volume4.4M

Open$37.60

Beta0.47

Free Cash Flow Financials Revenue

Enterprise Products Partners L.P. (EPD) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

EPD · free cash flow · updated Jun 8, 2026

Core FCF metrics

EPD · FCF · TTM · margin & CAGR

Free cash flow was $2.96B for FY2025 (fiscal year ending 2025-12-31), down 17.0% year-over-year The FCF margin was 5.6%. Five-year CAGR stands at +2.6%.

FY2025 Free Cash Flow$2.96B▼ -17.0% YoY

Trailing 12M (TTM)$2.20Btrailing 4 quarters sum

FCF Margin5.6%$2.96B ÷ revenue

3-Year CAGR-21.3%FY2022 → FY2025

5-Year CAGR+2.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

EPD · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$8.59B(5.62B)$2.96B▼ 17.0%5.6%

FY2024$8.12B(4.54B)$3.57B▼ 17.0%6.3%

FY2023$7.57B(3.27B)$4.30B▼ 29.2%8.7%

FY2022$8.04B(1.96B)$6.08B▼ 3.4%10.4%

FY2021$8.51B(2.22B)$6.29B▲ +141.6%15.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

EPD · P/FCF · FCF yield · FCF per share

Enterprise Products Partners L.P. (EPD) trades at a FCF yield of 2.69% and a price-to-free-cash-flow ratio of 37.3x. FCF per share stands at $1.01, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

2.69%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.01

TTM FCF ÷ Shares Outstanding

Price / FCF

x37.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x52.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

EPD · cash flow statement · operating / investing / financing

For FY2025, Enterprise Products Partners L.P. generated $8.59B in operating cash flow and spent 5.62B in capital expenditures, yielding $2.96B in free cash flow.

Operating Activities

+$8.59B

Cash from core business operations

2025-12-31

Investing Activities

−$5.49B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$2.69B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($8.59B) − |CapEx| (5.62B) = FCF ($2.96B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

EPD vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Enterprise Products Partners L.P.YOU

EPD

$2.96B-17.0%5.6%

13%

Exxon Mobil Corporation

Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Enterprise Products Partners L.P. (EPD) reported free cash flow of $2.96B for FY2025 (fiscal year ending 2025-12-31), down 17.0% year-over-year. The FCF margin was 5.6%.

Based on available data, Enterprise Products Partners L.P. has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $6.29B in FY2021. The 5-year CAGR stands at +2.6%.

Enterprise Products Partners L.P.'s FCF yield is 2.69% and price-to-FCF ratio is 37.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

EPD free cash flow · 8 questions

Enterprise Products Partners L.P. free cash flow was $2.96B for FY2025, down 17.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $2.20B.

EPD free cash flowEPD FCFEPD FCF 2025EPD free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Enterprise Products Partners L.P. · Enterprise Products Partners L.P. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026