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Side-by-side financial comparison of ENTERPRISE PRODUCTS PARTNERS L.P. (EPD) and Wells Fargo (WFC). Click either name above to swap in a different company.

Wells Fargo is the larger business by last-quarter revenue ($21.3B vs $14.4B, roughly 1.5× ENTERPRISE PRODUCTS PARTNERS L.P.). Wells Fargo runs the higher net margin — 25.2% vs 10.4%, a 14.8% gap on every dollar of revenue. On growth, Wells Fargo posted the faster year-over-year revenue change (4.5% vs -72.1%). Over the past eight quarters, ENTERPRISE PRODUCTS PARTNERS L.P.'s revenue compounded faster (3.3% CAGR vs 1.0%).

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.

Wells Fargo & Company is an American multinational financial services company. The company operates in 35 countries and serves more than 70 million customers worldwide. It is a systemically important financial institution according to the Financial Stability Board, and is considered one of the "Big Four Banks" in the United States, alongside JPMorgan Chase, Bank of America, and Citigroup.

EPD vs WFC — Head-to-Head

Bigger by revenue
WFC
WFC
1.5× larger
WFC
$21.3B
$14.4B
EPD
Growing faster (revenue YoY)
WFC
WFC
+76.6% gap
WFC
4.5%
-72.1%
EPD
Higher net margin
WFC
WFC
14.8% more per $
WFC
25.2%
10.4%
EPD
Faster 2-yr revenue CAGR
EPD
EPD
Annualised
EPD
3.3%
1.0%
WFC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EPD
EPD
WFC
WFC
Revenue
$14.4B
$21.3B
Net Profit
$1.5B
$5.4B
Gross Margin
Operating Margin
13.2%
30.7%
Net Margin
10.4%
25.2%
Revenue YoY
-72.1%
4.5%
Net Profit YoY
6.4%
5.6%
EPS (diluted)
$1.61

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.

Revenue
EPD
EPD
WFC
WFC
Q1 26
$14.4B
Q4 25
$13.8B
$21.3B
Q3 25
$12.0B
$21.4B
Q2 25
$11.4B
$20.8B
Q1 25
$15.4B
$20.1B
Q4 24
$14.2B
$20.4B
Q3 24
$13.8B
$20.4B
Q2 24
$13.5B
$20.7B
Net Profit
EPD
EPD
WFC
WFC
Q1 26
$1.5B
Q4 25
$1.6B
$5.4B
Q3 25
$1.3B
$5.6B
Q2 25
$1.4B
$5.5B
Q1 25
$1.4B
$4.9B
Q4 24
$1.6B
$5.1B
Q3 24
$1.4B
$5.1B
Q2 24
$1.4B
$4.9B
Gross Margin
EPD
EPD
WFC
WFC
Q1 26
Q4 25
27.0%
Q3 25
28.6%
Q2 25
30.5%
Q1 25
22.1%
Q4 24
25.3%
Q3 24
24.6%
Q2 24
24.5%
Operating Margin
EPD
EPD
WFC
WFC
Q1 26
13.2%
Q4 25
14.7%
30.7%
Q3 25
14.0%
32.2%
Q2 25
15.8%
30.9%
Q1 25
11.4%
26.4%
Q4 24
13.9%
26.4%
Q3 24
12.9%
30.6%
Q2 24
13.1%
29.8%
Net Margin
EPD
EPD
WFC
WFC
Q1 26
10.4%
Q4 25
11.9%
25.2%
Q3 25
11.1%
26.1%
Q2 25
12.6%
26.4%
Q1 25
9.0%
24.3%
Q4 24
11.4%
24.9%
Q3 24
10.3%
25.1%
Q2 24
10.4%
23.7%
EPS (diluted)
EPD
EPD
WFC
WFC
Q1 26
Q4 25
$1.61
Q3 25
$1.66
Q2 25
$1.60
Q1 25
$1.39
Q4 24
$1.42
Q3 24
$1.42
Q2 24
$1.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EPD
EPD
WFC
WFC
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$174.7B
Stockholders' EquityBook value
$181.1B
Total Assets
$2148.6B
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPD
EPD
WFC
WFC
Q1 26
Q4 25
$969.0M
Q3 25
$206.0M
Q2 25
$870.0M
Q1 25
$220.0M
Q4 24
$583.0M
Q3 24
$1.4B
Q2 24
$138.0M
Total Debt
EPD
EPD
WFC
WFC
Q1 26
Q4 25
$174.7B
Q3 25
$177.8B
Q2 25
$176.2B
Q1 25
$173.7B
Q4 24
$173.1B
Q3 24
$182.0B
Q2 24
$179.1B
Stockholders' Equity
EPD
EPD
WFC
WFC
Q1 26
Q4 25
$181.1B
Q3 25
$181.2B
Q2 25
$181.1B
Q1 25
$181.1B
Q4 24
$179.1B
Q3 24
$183.3B
Q2 24
$176.4B
Total Assets
EPD
EPD
WFC
WFC
Q1 26
Q4 25
$77.9B
$2148.6B
Q3 25
$77.8B
$2062.9B
Q2 25
$77.4B
$1981.3B
Q1 25
$75.4B
$1950.3B
Q4 24
$77.2B
$1929.8B
Q3 24
$75.1B
$1922.1B
Q2 24
$73.6B
$1940.1B
Debt / Equity
EPD
EPD
WFC
WFC
Q1 26
Q4 25
0.96×
Q3 25
0.98×
Q2 25
0.97×
Q1 25
0.96×
Q4 24
0.97×
Q3 24
0.99×
Q2 24
1.02×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EPD
EPD
WFC
WFC
Operating Cash FlowLast quarter
$4.1B
Free Cash FlowOCF − Capex
$1.9B
FCF MarginFCF / Revenue
13.4%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
0.77×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPD
EPD
WFC
WFC
Q1 26
Q4 25
$2.5B
$4.1B
Q3 25
$1.7B
$-869.0M
Q2 25
$2.1B
$-11.2B
Q1 25
$2.3B
$-11.0B
Q4 24
$2.4B
$8.9B
Q3 24
$2.1B
$4.2B
Q2 24
$1.6B
$2.0B
Free Cash Flow
EPD
EPD
WFC
WFC
Q1 26
$1.9B
Q4 25
Q3 25
Q2 25
$762.0M
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$898.0M
Q2 24
$310.0M
FCF Margin
EPD
EPD
WFC
WFC
Q1 26
13.4%
Q4 25
Q3 25
Q2 25
6.7%
Q1 25
8.1%
Q4 24
9.1%
Q3 24
6.5%
Q2 24
2.3%
Capex Intensity
EPD
EPD
WFC
WFC
Q1 26
1.4%
Q4 25
Q3 25
Q2 25
11.4%
Q1 25
6.9%
Q4 24
7.5%
Q3 24
8.5%
Q2 24
9.4%
Cash Conversion
EPD
EPD
WFC
WFC
Q1 26
Q4 25
1.50×
0.77×
Q3 25
1.30×
-0.16×
Q2 25
1.44×
-2.04×
Q1 25
1.66×
-2.26×
Q4 24
1.46×
1.75×
Q3 24
1.46×
0.82×
Q2 24
1.12×
0.42×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EPD
EPD

Segment breakdown not available.

WFC
WFC

Other$5.2B24%
Wealth And Investment Management$3.4B16%
Investment Advisory Management And Administrative Service$2.8B13%
Corporate And Investment Banking$2.5B12%
Consumer Banking And Lending$2.0B10%
Commercial Portfolio Segment$1.1B5%
Commercial Banking$1.1B5%
Credit Card Rewards And Rebates$859.0M4%
Investment Advice$716.0M3%
Deposit Account$692.0M3%
Commissions And Brokerage Service Fees$657.0M3%
Trailing Commission$250.0M1%

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