Enterprise Products Partners L.P. (EPD) vs TC Energy (TRP)
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 TC Energy (TRP) over the past year, gaining 16.4% versus a gain of 7.8%. Over five years, EPD leads with a +52.2% price change compared with +9.8% for TRP. Enterprise Products Partners L.P. is the larger company by market cap ($79.71 billion vs $61.40 billion), about 1.3 times the size.
On valuation, Enterprise Products Partners L.P. trades at a lower forward P/E (11.6x vs 21.4x for TC Energy). Enterprise Products Partners L.P. offers the higher dividend yield (5.97% vs 5.86%).
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 | TRP |
|---|---|---|
| Share price | $36.91 | $58.94 |
| Market cap | $79.71B | $61.40B |
| 1-day change | -0.94% | -2.14% |
| YTD return | +15.13% | +7.14% |
| 1-year return | +16.40% | +7.85% |
| 5-year return | +52.21% | +9.80% |
| P/E ratio (TTM) | 12.95 | 23.67 |
| Forward P/E | 11.60 | 21.37 |
| EPS (TTM) | $2.85 | $2.49 |
| Dividend yield | 5.97% | 5.86% |
| Annual dividend | $2.21 | $3.46 |
| 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 | $71.47 |
| 52-week low | $30.01 | $49.27 |
| Distance from 52-week high | -8.12% | -17.53% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +12.11% | +13.05% |
| Average volume | 3.04M | 2.71M |
| Shares outstanding | 2.16B | 1.04B |
| Employees | — | 6,574 |
| Sector | Energy | Utilities |
| Industry | Oil & Gas Midstream | 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
- TC Energy trades at a higher earnings multiple (23.7x vs 13.0x trailing P/E).
- The two companies sit in different sectors: Enterprise Products Partners L.P. in Energy and TC Energy in Utilities.
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.
Energy · Oil & Gas Midstream
About TC Energy
TRP stock →TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S.
Utilities · Natural Gas Distribution · 6,574 employees
EPD vs TRP FAQ
Which is bigger, Enterprise Products Partners L.P. or TC Energy?
Enterprise Products Partners L.P. (EPD) is larger, with a market capitalization of $79.71B compared with $61.40B for TC Energy (TRP).
Which stock has performed better over the past year, EPD or TRP?
EPD returned +16.40% over the past 12 months, compared with +7.85% for TRP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EPD or TRP?
EPD has the lower trailing P/E at 13.0, versus 23.7 for TRP. 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 TC Energy?
Enterprise Products Partners L.P. has the higher yield at 5.97%, compared with 5.86% for TC Energy.
Are Enterprise Products Partners L.P. and TC Energy in the same industry?
No. Enterprise Products Partners L.P. is in the Energy sector, while TC Energy is in Utilities.