Enterprise Products Partners L.P. (EPD) vs ONEOK, Inc. (OKE)

Enterprise Products Partners L.P. and ONEOK, Inc. are both Oil & Gas Midstream companies. Enterprise Products Partners L.P. is the larger, with a market value of $76.8B against $57.2B — 1.3× the size. Enterprise Products Partners L.P. trades at the lower P/E: 12.8× against 16.1×. ONEOK, Inc. grew revenue faster over the last twelve months: 40.8% against 6.78%. Enterprise Products Partners L.P. has the higher net margin (10.7% vs 9.29%) and the higher return on invested capital (7.68% vs 7.02%). Both pay a dividend; Enterprise Products Partners L.P. yields more (6.00% vs 4.54%). Across the 23 metrics below, Enterprise Products Partners L.P. leads on 15 and ONEOK, Inc. on 8.

Valuation

Metric EPD OKE Oil & Gas Midstream median
P/E 12.77 16.10 12.77
P/S 1.36 1.50 2.36
P/B 2.56 2.56 2.09
Price to free cash flow 19.28 20.28 9.71
EV/EBITDA 10.58 11.81 8.30
EV/Sales 1.92 2.29 3.88
Earnings yield 7.83% 6.21% 7.15%
Free cash flow yield 5.19% 4.93% 6.86%

Profitability

Metric EPD OKE Oil & Gas Midstream median
Gross margin 13.25% 27.21% 56.58%
Operating margin 13.43% 15.52% 34.18%
Net margin 10.68% 9.29% 22.50%
Free cash flow margin 7.06% 7.38% 13.70%
Return on equity 20.48% 16.27% 14.65%
Return on assets 7.84% 5.49% 5.00%
Return on invested capital 7.68% 7.02% 6.13%

Growth

Metric EPD OKE Oil & Gas Midstream median
Revenue growth (TTM) 6.78% 40.83% 15.60%
EPS growth (last fiscal year) (1.12%) 4.84% (7.86%)
Revenue growth, 5-year CAGR 14.10% 31.53% 9.59%
Net income growth, 5-year CAGR 8.80% 40.87% 0.00%

Health

Metric EPD OKE Oil & Gas Midstream median
Debt to equity 1.07 1.37 0.78
Current ratio 0.93 0.74 1.19
Net debt to EBITDA 3.35 4.40 3.42

Dividend

Metric EPD OKE Oil & Gas Midstream median
Dividend yield 6.00% 4.54% 4.54%
Payout ratio 0.77 0.73 0.76

Size

Metric EPD OKE Oil & Gas Midstream median
Market cap 76.81b 57.15b 3.73b

Compare with another peer

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