Enterprise Products Partners L.P. (EPD) vs National Grid Transco National Grid (NEW) (NGG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Enterprise Products Partners L.P. (EPD) has outperformed National Grid Transco National Grid (NEW) (NGG) over the past year, gaining 16.1% versus a gain of 3.0%. Over five years, EPD leads with a +51.5% price change compared with +23.5% for NGG. Enterprise Products Partners L.P. is the larger company by market cap ($79.36 billion vs $77.52 billion), about 1.0 times the size.
On valuation, Enterprise Products Partners L.P. trades at a lower forward P/E (11.6x vs 11.7x for National Grid Transco National Grid (NEW)). Enterprise Products Partners L.P. offers the higher dividend yield (6.00% vs 0.63%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EPD | NGG |
|---|---|---|
| Share price | $36.75 | $77.11 |
| Market cap | $79.36B | $77.52B |
| 1-day change | -0.43% | +1.31% |
| YTD return | +14.63% | -1.60% |
| 1-year return | +16.08% | +3.02% |
| 5-year return | +51.55% | +23.54% |
| P/E ratio (TTM) | 12.76 | 17.56 |
| Forward P/E | 11.55 | 11.69 |
| EPS (TTM) | $2.88 | $4.39 |
| Dividend yield | 6.00% | 0.63% |
| Annual dividend | $2.21 | $0.485 |
| Revenue (latest FY) | $52.60B | — |
| Revenue growth (YoY) | -6.44% | — |
| Net income (latest FY) | $5.81B | — |
| Gross margin | 26.68% | — |
| Operating margin | 13.81% | — |
| Net margin | 11.05% | — |
| 52-week high | $40.17 | $94.64 |
| 52-week low | $30.01 | $73.24 |
| Distance from 52-week high | -8.51% | -18.52% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +12.60% | +18.26% |
| Average volume | 3.03M | 833.18K |
| Shares outstanding | 2.16B | 1.01B |
| Employees | — | 33,026 |
| Sector | Utilities | Utilities |
| Industry | Natural Gas Distribution | Natural Gas Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- EPD has outperformed NGG by 13.1 percentage points over the past year.
- National Grid Transco National Grid (NEW) trades at a higher earnings multiple (17.6x vs 12.8x trailing P/E).
- Enterprise Products Partners L.P. offers a meaningfully higher dividend yield (6.00% vs 0.63%).
About Enterprise Products Partners L.P.
EPD stock →Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products.
Utilities · Natural Gas Distribution
About National Grid Transco National Grid (NEW)
NGG stock →National Grid plc engages in the transmission and distribution of electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments.
Utilities · Natural Gas Distribution · 33,026 employees
EPD vs NGG FAQ
Which is bigger, Enterprise Products Partners L.P. or National Grid Transco National Grid (NEW)?
Enterprise Products Partners L.P. (EPD) is larger, with a market capitalization of $79.36B compared with $77.52B for National Grid Transco National Grid (NEW) (NGG).
Which stock has performed better over the past year, EPD or NGG?
EPD returned +16.08% over the past 12 months, compared with +3.02% for NGG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EPD or NGG?
EPD has the lower trailing P/E at 12.8, versus 17.6 for NGG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Enterprise Products Partners L.P. or National Grid Transco National Grid (NEW)?
Enterprise Products Partners L.P. has the higher yield at 6.00%, compared with 0.63% for National Grid Transco National Grid (NEW).
Are Enterprise Products Partners L.P. and National Grid Transco National Grid (NEW) in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Utilities sector.