Enterprise Products Partners Stock Net Income
| EPD Stock | USD 29.00 0.16 0.55% |
Enterprise Products Partners fundamentals help investors to digest information that contributes to Enterprise Products' financial success or failures. It also enables traders to predict the movement of Enterprise Stock. The fundamental analysis module provides a way to measure Enterprise Products' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enterprise Products stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 5.7 B | 5.9 B | |
| Net Income Applicable To Common Shares | 6.3 B | 6.6 B | |
| Net Income From Continuing Ops | 5.5 B | 3.6 B | |
| Net Income Per Share | 2.52 | 2.65 | |
| Net Income Per E B T | 0.97 | 0.71 |
Enterprise | Net Income |
Enterprise Products Partners Company Net Income Analysis
Enterprise Products' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Enterprise Products Net Income | 5.66 B |
Most of Enterprise Products' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enterprise Products Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Enterprise Products is extremely important. It helps to project a fair market value of Enterprise Stock properly, considering its historical fundamentals such as Net Income. Since Enterprise Products' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enterprise Products' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enterprise Products' interrelated accounts and indicators.
Enterprise Net Income Historical Pattern
Today, most investors in Enterprise Products Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Enterprise Products' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Enterprise Products net income as a starting point in their analysis.
Enterprise Products Net Income |
| Timeline |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Enterprise Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Enterprise Products Partners reported net income of 5.66 B. This is 149.01% higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net income for all United States stocks is significantly lower than that of the firm.
Enterprise Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enterprise Products' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enterprise Products could also be used in its relative valuation, which is a method of valuing Enterprise Products by comparing valuation metrics of similar companies.Enterprise Products is currently under evaluation in net income category among related companies.
Enterprise Products Institutional Holders
Institutional Holdings refers to the ownership stake in Enterprise Products that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Enterprise Products' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Enterprise Products' value.| Shares | Tortoise Midstream Energy Fund, Inc. | 2023-12-31 | 14.5 M | Clearbridge Advisors, Llc | 2023-12-31 | 12.6 M | Fmr Inc | 2023-12-31 | 12 M | Kayne Anderson Capital Advisors Lp | 2023-12-31 | 10.9 M | Atlantic Trust Group, Llc | 2023-12-31 | 10.4 M | Ubs Group Ag | 2023-12-31 | 10.1 M | Bank Of America Corp | 2023-12-31 | 9.4 M | Ensign Peak Advisors Inc | 2023-12-31 | 9.3 M | Mirae Asset Global Investments (korea) Co Ltd | 2023-12-31 | 9.2 M | Goldman Sachs Group Inc | 2023-12-31 | 44.4 M | Alps Advisors Inc | 2023-12-31 | 35.4 M |
Enterprise Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0583 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 93.01 B | ||||
| Shares Outstanding | 2.17 B | ||||
| Shares Owned By Insiders | 32.81 % | ||||
| Shares Owned By Institutions | 26.49 % | ||||
| Number Of Shares Shorted | 18.53 M | ||||
| Price To Earning | 10.71 X | ||||
| Price To Book | 2.28 X | ||||
| Price To Sales | 1.27 X | ||||
| Revenue | 49.72 B | ||||
| Gross Profit | 6.72 B | ||||
| EBITDA | 8.81 B | ||||
| Net Income | 5.66 B | ||||
| Cash And Equivalents | 76 M | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 29.07 B | ||||
| Debt To Equity | 1.08 % | ||||
| Current Ratio | 0.86 X | ||||
| Book Value Per Share | 12.76 X | ||||
| Cash Flow From Operations | 7.57 B | ||||
| Short Ratio | 4.38 X | ||||
| Earnings Per Share | 2.52 X | ||||
| Price To Earnings To Growth | 5.13 X | ||||
| Target Price | 32.83 | ||||
| Beta | 0.99 | ||||
| Market Capitalization | 62.88 B | ||||
| Total Asset | 70.98 B | ||||
| Retained Earnings | 5.49 B | ||||
| Working Capital | (883 M) | ||||
| Current Asset | 4.3 B | ||||
| Current Liabilities | 7.17 B | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 7.48 % | ||||
| Net Asset | 70.98 B | ||||
| Last Dividend Paid | 2.01 |
About Enterprise Products Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enterprise Products Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enterprise Products using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enterprise Products Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Enterprise Products
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enterprise Products position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enterprise Products will appreciate offsetting losses from the drop in the long position's value.Moving together with Enterprise Stock
| 0.96 | AM | Antero Midstream Partners Earnings Call This Week | PairCorr |
| 0.97 | ET | Energy Transfer LP Aggressive Push | PairCorr |
Moving against Enterprise Stock
| 0.75 | TK | Teekay | PairCorr |
| 0.71 | EURN | Euronav NV Financial Report 9th of May 2024 | PairCorr |
| 0.6 | PBT | Permian Basin Royalty | PairCorr |
| 0.54 | FLNG | FLEX LNG Financial Report 21st of May 2024 | PairCorr |
| 0.54 | CQP | Cheniere Energy Partners Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Enterprise Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enterprise Products when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enterprise Products - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enterprise Products Partners to buy it.
The correlation of Enterprise Products is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enterprise Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enterprise Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enterprise Products can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Enterprise Products Piotroski F Score and Enterprise Products Altman Z Score analysis. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Enterprise Stock analysis
When running Enterprise Products' price analysis, check to measure Enterprise Products' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enterprise Products is operating at the current time. Most of Enterprise Products' value examination focuses on studying past and present price action to predict the probability of Enterprise Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enterprise Products' price. Additionally, you may evaluate how the addition of Enterprise Products to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |
Is Enterprise Products' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enterprise Products. If investors know Enterprise will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enterprise Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.096 | Dividend Share 2.005 | Earnings Share 2.52 | Revenue Per Share 22.889 | Quarterly Revenue Growth 0.071 |
The market value of Enterprise Products is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Products' value that differs from its market value or its book value, called intrinsic value, which is Enterprise Products' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enterprise Products' market value can be influenced by many factors that don't directly affect Enterprise Products' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enterprise Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Products' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.