Evaluating EPD Stock's Actual Performance

Core Viewpoint - Enterprise Products Partners (EPD) is recognized for its high and sustainable distribution yield, appealing to dividend investors, but its stock performance has not consistently matched market growth [1][2]. Performance Analysis - One-Year Performance: Over the past year, Enterprise's stock has underperformed, with a loss of 0.7% compared to the S&P 500's gain of 12.9%. A significant drop of 15% occurred in early April due to investor concerns over new tariffs [4][6]. - Three-Year Performance: Over three years, Enterprise's total return has fluctuated, at times outperforming the S&P 500, but ultimately lagging behind with a total return of 63% compared to the S&P 500's 75.9% [7][8]. - Five-Year Performance: In contrast, over five years, Enterprise has shown strong performance with a total return of 127.4%, surpassing the S&P 500's 99.5%. This success is attributed to better performance during a challenging 2022 for the overall market and the compounding effect of reinvested dividends [9][10]. Key Financial Metrics - Current Price: $32.61 with a market capitalization of $71 billion [5][6]. - Dividend Yield: The current dividend yield stands at 6.62%, which is a significant part of the investment thesis for Enterprise [6]. - Gross Margin: The company has a gross margin of 12.74% [6].