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Enterprise Products Partners LPEPD -0.56%85 Pretax Margin % is 10.55% as of Mar. 2026, which is 7% below its 10-year median of 11.35. GuruFocus rates EPD with a GF Score™ of 85/100 and a GF Value™ of $29.41 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 917 Oil & Gas companies, Enterprise Products Partners LP ranks better than 66.19% on this metric.
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Enterprise Products Partners LP Pretax Margin % Related Terms
Enterprise Products Partners LP Pretax Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, Enterprise Products Partners LP's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Enterprise Products Partners LP Pretax Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Enterprise Products Partners LP's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Enterprise Products Partners LP's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Products Partners LP (EPD) has a Pretax Margin % of 10.55% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Enterprise Products Partners LP and its competitors. This is near median its historical median of 11.35. Over the past decade, Enterprise Products Partners LP's Pretax Margin % has ranged from 9.79 to 14.43. According to the industry distribution chart, Enterprise Products Partners LP ranks #310 out of 917 companies in the Oil & Gas industry, placing it in the top 33.8%.
Is Enterprise Products Partners LP's Pretax Margin % too high?
Enterprise Products Partners LP's current Pretax Margin % of 10.55% is near median its 10-year median of 11.35. Over the past 10 years, this metric has ranged from a low of 9.79 to a high of 14.43. The Oil & Gas industry median Pretax Margin % is 5.25. Enterprise Products Partners LP's value of 10.55% is 101% above this industry median. Based on the distribution chart, Enterprise Products Partners LP ranks #310 out of 917 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Enterprise Products Partners LP has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enterprise Products Partners LP's Pretax Margin % compare to KMI and ET?
According to the Oil & Gas industry distribution chart, Enterprise Products Partners LP ranks #310 out of 917 companies for Pretax Margin %. This puts Enterprise Products Partners LP in the upper half of its industry. The industry median Pretax Margin % is 5.25. Enterprise Products Partners LP's value of 10.55% is 101% above this benchmark. Historically, Enterprise Products Partners LP's own Pretax Margin % has ranged from 9.79 to 14.43 over the past decade. While the company's 10-year median is 11.35 vs. the industry median of 5.25, Enterprise Products Partners LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 5.25, based on 917 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Enterprise Products Partners LP's current Pretax Margin % of 10.55% is 101% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Enterprise Products Partners LP and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enterprise Products Partners LP's current Pretax Margin % is 10.55%, which is near median its own 10-year median of 11.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enterprise Products Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Enterprise Products Partners LP (EPD) is currently considered Modestly Overvalued. The stock's GF Value™ is $29.41, compared to a current price of $37.52 — trading 27.6% above its estimated fair value. The current Pretax Margin % is 10.55%, which is near median its 10-year median of 11.35 and 101% above the Oil & Gas industry median of 5.25. Enterprise Products Partners LP's overall GF Score™ is 85/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Enterprise Products Partners LP (EPD), the current Pretax Margin % is 10.55% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Enterprise Products Partners LP (EPD) Overvalued in 2026?
Based on GuruFocus' analysis, Enterprise Products Partners LP stock appears to be overvalued.
The current stock price of $37.52 is trading 27.6% above its estimated GF Value™ of $29.41.
GuruFocus considers Enterprise Products Partners LP to be Modestly Overvalued.
Key valuation signals for EPD:
Pretax Margin %: 10.55% (near median its 10-year median of 11.35)
GF Value™: $29.41 vs. price of $37.52 (27.6% above fair value)
Industry Position: 101% above the Oil & Gas median (#310 of 917)
No single metric tells the full story. See the EPD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enterprise Products Partners LP Business Description
Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products, and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the continental US. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.
85GF Score
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