Enterprise Products Partners L.P. (EPD) vs MPLX LP (MPLX)

Enterprise Products Partners L.P. and MPLX LP are both Oil & Gas Midstream companies. Enterprise Products Partners L.P. is the larger, with a market value of $76.8B against $57.9B — 1.3× the size. MPLX LP trades at the lower P/E: 12.5× against 12.8×. MPLX LP grew revenue faster over the last twelve months: 8.71% against 6.78%. MPLX LP has the higher net margin (35.8% vs 10.7%) and the higher return on invested capital (9.45% vs 7.68%). Both pay a dividend; MPLX LP yields more (7.40% vs 6.00%). Across the 23 metrics below, MPLX LP leads on 15 and Enterprise Products Partners L.P. on 8.

Valuation

Metric EPD MPLX Oil & Gas Midstream median
P/E 12.77 12.51 12.77
P/S 1.36 4.47 2.36
P/B 2.56 4.14 2.09
Price to free cash flow 19.28 13.68 9.71
EV/EBITDA 10.58 11.41 8.30
EV/Sales 1.92 6.33 3.88
Earnings yield 7.83% 8.00% 7.15%
Free cash flow yield 5.19% 7.31% 6.86%

Profitability

Metric EPD MPLX Oil & Gas Midstream median
Gross margin 13.25% 59.69% 56.58%
Operating margin 13.43% 44.44% 34.18%
Net margin 10.68% 35.75% 22.50%
Free cash flow margin 7.06% 32.63% 13.70%
Return on equity 20.48% 33.41% 14.65%
Return on assets 7.84% 11.70% 5.00%
Return on invested capital 7.68% 9.45% 6.13%

Growth

Metric EPD MPLX Oil & Gas Midstream median
Revenue growth (TTM) 6.78% 8.71% 15.60%
EPS growth (last fiscal year) (1.12%) 14.49% (7.86%)
Revenue growth, 5-year CAGR 14.10% 11.42% 9.59%
Net income growth, 5-year CAGR 8.80% 0.00% 0.00%

Health

Metric EPD MPLX Oil & Gas Midstream median
Debt to equity 1.07 1.80 0.78
Current ratio 0.93 0.89 1.19
Net debt to EBITDA 3.35 3.21 3.42

Dividend

Metric EPD MPLX Oil & Gas Midstream median
Dividend yield 6.00% 7.40% 4.54%
Payout ratio 0.77 0.93 0.76

Size

Metric EPD MPLX Oil & Gas Midstream median
Market cap 76.81b 57.91b 3.73b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack