EPD vs WMB
Enterprise Products Partners L.p. and Williams Companies, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | EPD | WMB |
|---|---|---|
| Revenue | $52.6B | $14.9B |
| Net income | $5.8B | $2.6B |
| Gross margin | 26.7% | · |
| Net margin | 11.2% | 18.6% |
| Return on equity | · | 20.7% |
| Diluted EPS | · | $2.14 |
| Dividend / share | · | $2.00 |
| Payout ratio | · | 93.3% |
| Free cash flow | $3.0B | $1.0B |
| Equity | · | $12.8B |
| Net debt / equity | · | 2.13× |
| Current ratio | 1.04× | 0.53× |
| Revenue CAGR 5y | 14.1% | 14.1% |
| Profit CAGR 5y | 9.0% | 65.5% |
EPD bills 3.5× the revenue of WMB, and WMB keeps more of each dollar of revenue as profit (18.6% against 11.2%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | EPD | WMB |
|---|---|---|
| FY2025 | $52.6B | $14.9B |
| FY2024 | $56.2B | $12.6B |
| FY2023 | $49.7B | $12.0B |
| FY2022 | $58.2B | $17.8B |
| FY2021 | $40.8B | $12.8B |
| FY2020 | $27.2B | $7.7B |
| FY2019 | $32.8B | $8.2B |
| FY2018 | $36.5B | $8.7B |
| FY2017 | $29.2B | $8.0B |
| FY2016 | $23.0B | $7.5B |
Bottom line
| Fiscal year | EPD | WMB |
|---|---|---|
| FY2025 | $5.8B | $2.6B |
| FY2024 | $5.9B | $2.2B |
| FY2023 | $5.5B | $3.2B |
| FY2022 | $5.5B | $2.0B |
| FY2021 | $4.6B | $1.5B |
| FY2020 | $3.8B | $211.0M |
| FY2019 | $4.6B | $850.0M |
| FY2018 | $4.2B | $-155.0M |
| FY2017 | $2.8B | $2.2B |
| FY2016 | $2.5B | $-424.0M |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$37,697,000,000 | EPD |
| FY2024 | +$43,587,000,000 | EPD |
| FY2023 | +$37,719,000,000 | EPD |
| FY2022 | +$40,413,000,000 | EPD |
| FY2021 | +$28,023,000,000 | EPD |
| FY2020 | +$19,481,000,000 | EPD |
| FY2019 | +$24,588,200,000 | EPD |
| FY2018 | +$27,848,200,000 | EPD |
| FY2017 | +$21,210,500,000 | EPD |
| FY2016 | +$15,523,300,000 | EPD |
| FY2015 | +$19,667,900,000 | EPD |
| FY2014 | +$40,314,200,000 | EPD |
| FY2013 | +$40,867,000,000 | EPD |
| FY2012 | +$35,097,100,000 | EPD |
| FY2011 | +$36,383,000,000 | EPD |
| FY2010 | +$27,101,300,000 | EPD |
| FY2009 | +$20,232,900,000 | EPD |
| FY2008 | +$23,579,600,000 | EPD |
| FY2007 | +$16,474,800,000 | EPD |
EPD has reported the higher revenue in every one of these 19 fiscal years. The gap has widened since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −7.4 pp | WMB |
| FY2024 | −8.0 pp | WMB |
| FY2023 | −16.2 pp | WMB |
| FY2022 | −2.3 pp | WMB |
| FY2021 | −0.6 pp | WMB |
| FY2020 | +11.7 pp | EPD |
| FY2019 | +5.6 pp | EPD |
| FY2018 | +9.4 pp | EPD |
| FY2017 | −21.5 pp | WMB |
| FY2016 | +15.8 pp | EPD |
| FY2015 | +27.3 pp | EPD |
| FY2014 | −24.7 pp | WMB |
| FY2009 | −2.4 pp | WMB |
| FY2007 | −7.4 pp | WMB |
The higher net margin has changed hands between EPD and WMB over this period.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
WMB's net margin has been more volatile than EPD's over the 14 comparable fiscal years — 13.2 percentage points of standard deviation against 3.2.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between EPD and WMB over these 14 fiscal years — EPD led in 5 and WMB in 9.
14 of 19 comparable fiscal years — a year missing data on either side is not counted.