Enterprise Historical Income Statement
| EPD Stock | USD 27.74 0.34 1.21% |
Historical analysis of Enterprise Products income statement accounts such as Selling General Administrative of 148.4 M or Total Revenue of 27.8 B can show how well Enterprise Products Partners performed in making a profits. Evaluating Enterprise Products income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Enterprise Products's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Enterprise Products latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Enterprise Products is a good buy for the upcoming year.
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About Enterprise Income Statement Analysis
Enterprise Products Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Enterprise Products shareholders. The income statement also shows Enterprise investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Enterprise Products Income Statement Chart
Enterprise Products Partners Income Statement is one of the three primary financial statements used for reporting Enterprise's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Enterprise Products revenue and expense. Enterprise Products Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Enterprise Products' Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 6.8 B, whereas Selling General Administrative is forecasted to decline to about 148.4 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Enterprise Products generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Enterprise Products Partners minus its cost of goods sold. It is profit before Enterprise Products operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Enterprise Products. It is also known as Enterprise Products overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Enterprise Products operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Enterprise Products Partners is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Enterprise Products' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Enterprise Products current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Products Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. At present, Enterprise Products' Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 6.8 B, whereas Selling General Administrative is forecasted to decline to about 148.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 5.7B | 6.7B | 6.7B | 7.0B | Total Revenue | 40.8B | 58.2B | 49.7B | 27.8B |
Enterprise Products income statement Correlations
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Enterprise Products Account Relationship Matchups
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Enterprise Products income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.9B | 2.1B | 1.9B | 2.0B | 2.3B | 2.5B | |
| Interest Expense | 1.2B | 1.3B | 1.3B | 1.2B | 1.3B | 696.1M | |
| Selling General Administrative | 211.7M | 219.6M | 209.3M | 241M | 231M | 148.4M | |
| Total Revenue | 32.8B | 27.2B | 40.8B | 58.2B | 49.7B | 27.8B | |
| Gross Profit | 5.7B | 4.8B | 5.7B | 6.7B | 6.7B | 7.0B | |
| Other Operating Expenses | 27.3B | 22.6B | 35.3B | 51.7B | 43.2B | 25.0B | |
| Operating Income | 4.0B | 3.0B | 4.2B | 5.0B | 6.5B | 6.8B | |
| Ebit | 4.0B | 3.0B | 4.2B | 5.0B | 6.5B | 6.8B | |
| Ebitda | 6.0B | 5.0B | 6.1B | 6.9B | 8.8B | 9.3B | |
| Cost Of Revenue | 27.1B | 22.4B | 35.1B | 51.5B | 43.0B | 24.9B | |
| Total Operating Expenses | 211.7M | 219.6M | 209.3M | 241M | 231M | 141.4M | |
| Income Before Tax | 4.7B | 3.8B | 4.8B | 5.7B | 5.7B | 6.0B | |
| Total Other Income Expense Net | 706.3M | 784.5M | 591.4M | 730M | (766M) | (727.7M) | |
| Net Income | 4.6B | 3.8B | 4.6B | 5.5B | 5.5B | 5.8B | |
| Income Tax Expense | 45.6M | (124.3M) | 70M | 82M | 44M | 23.5M | |
| Net Income Applicable To Common Shares | 4.6B | 3.8B | 4.6B | 5.4B | 6.3B | 6.6B | |
| Minority Interest | 95.8M | 111M | (117.6M) | (125M) | (123M) | (116.9M) | |
| Net Income From Continuing Ops | 4.7B | 3.9B | 4.8B | 5.6B | 5.5B | 3.6B | |
| Non Operating Income Net Other | (13.1M) | (103M) | 13.7M | 4.6M | 4.1M | 4.3M | |
| Tax Provision | 45.6M | (124.3M) | 70M | 82M | 73M | 76.7M | |
| Interest Income | 11.6M | 1.2B | 1.3B | 11M | 30M | 28.5M | |
| Net Interest Income | (1.1B) | (1.3B) | (1.3B) | (1.2B) | (1.2B) | (1.3B) | |
| Reconciled Depreciation | 1.9B | 2.1B | 2.1B | 2.0B | 2.0B | 2.1B |
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
| 0.95 | AM | Antero Midstream Partners | PairCorr |
| 0.97 | ET | Energy Transfer LP Earnings Call This Week | PairCorr |
Moving against Enterprise Stock
| 0.71 | EURN | Euronav NV Financial Report 9th of May 2024 | PairCorr |
| 0.7 | TK | Teekay Earnings Call This Week | PairCorr |
| 0.56 | CQP | Cheniere Energy Partners Financial Report 7th of May 2024 | PairCorr |
| 0.53 | PBT | Permian Basin Royalty 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Products Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.
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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 0.042 | Dividend Share 1.515 | Earnings Share 2.52 | Revenue Per Share 23.961 | Quarterly Revenue Growth 0.186 |
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.