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Side-by-side financial comparison of ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) and GE Vernova (GEV). Click either name above to swap in a different company.
ENTERPRISE PRODUCTS PARTNERS L.P. is the larger business by last-quarter revenue ($14.4B vs $9.3B, roughly 1.5× GE Vernova). GE Vernova runs the higher net margin — 50.9% vs 10.4%, a 40.5% gap on every dollar of revenue. On growth, GE Vernova posted the faster year-over-year revenue change (16.3% vs -6.7%). GE Vernova produced more free cash flow last quarter ($4.8B vs $1.9B). Over the past eight quarters, GE Vernova's revenue compounded faster (6.7% CAGR vs 3.3%).
Enterprise Products Partners L.P. is an American midstream natural gas and crude oil pipeline company with headquarters in Houston, Texas. It acquired GulfTerra in September 2004. The company ranked No. 105 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. Dan Duncan was the majority owner until his death in 2010.
GE Vernova, Inc. is an energy equipment manufacturing and services company headquartered in Cambridge, Massachusetts. The company operates through three main segments: Power, which designs, manufactures, and services gas, nuclear, hydro, and steam technologies; Wind, which provides onshore and offshore wind turbines and blades; and Electrification, which offers grid solutions, power conversion, solar and storage solutions, and digital technologies for the transmission, distribution, and manag...
EPD vs GEV — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $14.4B | $9.3B |
| Net Profit | $1.5B | $4.8B |
| Gross Margin | — | — |
| Operating Margin | 13.2% | — |
| Net Margin | 10.4% | 50.9% |
| Revenue YoY | -6.7% | 16.3% |
| Net Profit YoY | 6.4% | 5.9% |
| EPS (diluted) | — | $17.44 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $14.4B | $9.3B | ||
| Q4 25 | $13.8B | $11.0B | ||
| Q3 25 | $12.0B | $10.0B | ||
| Q2 25 | $11.4B | $9.1B | ||
| Q1 25 | $15.4B | $8.0B | ||
| Q4 24 | $14.2B | $10.6B | ||
| Q3 24 | $13.8B | $8.9B | ||
| Q2 24 | $13.5B | $8.2B |
| Q1 26 | $1.5B | $4.8B | ||
| Q4 25 | $1.6B | $3.7B | ||
| Q3 25 | $1.3B | $452.0M | ||
| Q2 25 | $1.4B | $514.0M | ||
| Q1 25 | $1.4B | $254.0M | ||
| Q4 24 | $1.6B | $484.0M | ||
| Q3 24 | $1.4B | $-96.0M | ||
| Q2 24 | $1.4B | $1.3B |
| Q1 26 | — | — | ||
| Q4 25 | 27.0% | 21.2% | ||
| Q3 25 | 28.6% | 19.0% | ||
| Q2 25 | 30.5% | 20.3% | ||
| Q1 25 | 22.1% | 18.3% | ||
| Q4 24 | 25.3% | 20.1% | ||
| Q3 24 | 24.6% | 12.4% | ||
| Q2 24 | 24.5% | 20.7% |
| Q1 26 | 13.2% | — | ||
| Q4 25 | 14.7% | 5.5% | ||
| Q3 25 | 14.0% | 3.7% | ||
| Q2 25 | 15.8% | 4.1% | ||
| Q1 25 | 11.4% | 0.5% | ||
| Q4 24 | 13.9% | 5.6% | ||
| Q3 24 | 12.9% | -4.0% | ||
| Q2 24 | 13.1% | 6.4% |
| Q1 26 | 10.4% | 50.9% | ||
| Q4 25 | 11.9% | 33.4% | ||
| Q3 25 | 11.1% | 4.5% | ||
| Q2 25 | 12.6% | 5.6% | ||
| Q1 25 | 9.0% | 3.2% | ||
| Q4 24 | 11.4% | 4.6% | ||
| Q3 24 | 10.3% | -1.1% | ||
| Q2 24 | 10.4% | 15.8% |
| Q1 26 | — | $17.44 | ||
| Q4 25 | — | $13.28 | ||
| Q3 25 | — | $1.64 | ||
| Q2 25 | — | $1.86 | ||
| Q1 25 | — | $0.91 | ||
| Q4 24 | — | $1.75 | ||
| Q3 24 | — | $-0.35 | ||
| Q2 24 | — | $4.65 |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | — |
| Free Cash FlowOCF − Capex | $1.9B | $4.8B |
| FCF MarginFCF / Revenue | 13.4% | 51.3% |
| Capex IntensityCapex / Revenue | 1.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $7.5B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $2.5B | ||
| Q3 25 | $1.7B | $980.0M | ||
| Q2 25 | $2.1B | $367.0M | ||
| Q1 25 | $2.3B | $1.2B | ||
| Q4 24 | $2.4B | $921.0M | ||
| Q3 24 | $2.1B | $1.1B | ||
| Q2 24 | $1.6B | $979.0M |
| Q1 26 | $1.9B | $4.8B | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $733.0M | ||
| Q2 25 | $762.0M | $194.0M | ||
| Q1 25 | $1.3B | $975.0M | ||
| Q4 24 | $1.3B | $571.0M | ||
| Q3 24 | $898.0M | $968.0M | ||
| Q2 24 | $310.0M | $822.0M |
| Q1 26 | 13.4% | 51.3% | ||
| Q4 25 | — | 16.5% | ||
| Q3 25 | — | 7.4% | ||
| Q2 25 | 6.7% | 2.1% | ||
| Q1 25 | 8.1% | 12.1% | ||
| Q4 24 | 9.1% | 5.4% | ||
| Q3 24 | 6.5% | 10.9% | ||
| Q2 24 | 2.3% | 10.0% |
| Q1 26 | 1.4% | — | ||
| Q4 25 | — | 6.1% | ||
| Q3 25 | — | 2.5% | ||
| Q2 25 | 11.4% | 1.9% | ||
| Q1 25 | 6.9% | 2.3% | ||
| Q4 24 | 7.5% | 3.3% | ||
| Q3 24 | 8.5% | 1.8% | ||
| Q2 24 | 9.4% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 1.50× | 0.68× | ||
| Q3 25 | 1.30× | 2.17× | ||
| Q2 25 | 1.44× | 0.71× | ||
| Q1 25 | 1.66× | 4.57× | ||
| Q4 24 | 1.46× | 1.90× | ||
| Q3 24 | 1.46× | — | ||
| Q2 24 | 1.12× | 0.76× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
