Data as of:
brimindinvest.com / compare / epd-vs-wmbLIVE
EPD
Enterprise Products Partners L.P. · Energy / Midstream
$36.75
-6.11% this month
VERSUS
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WMB
The Williams Companies, Inc. · Energy / Midstream
$69.26
-6.92% this month
Comparison scoreboard
WMB LEADS 3/5
AI Scorei
EPD 44.6
WMB ✓51.8
1Y Returni
EPD ✓+24.10%
WMB +10.18%
Fwd P/Ei
EPD ✓11.55
WMB 28.13
Target Up.i
EPD +12.86%
WMB ✓+15.62%
Op. Margini
EPD 11.76%
WMB ✓39.54%
Metrics last refreshed: 9/27/2026
Quick take

EPD vs WMB Stock Comparison: AI Score, Valuation, Performance and Upside

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EPD and WMB are both high-quality midstream businesses with different commodity focus and structure. Enterprise is a partnership centred on natural gas liquids and Gulf Coast exports, with a long distribution growth record and conservative finances. Williams is a corporation centred on natural gas transmission, anchored by Transco, benefiting from rising gas demand for power and liquefied natural gas exports.

Use this EPD vs WMB comparison to combine the tax question with the commodity question. Enterprise offers natural gas liquids and export exposure with K-1 complexity. Williams offers natural gas transmission exposure with simple dividend reporting, and its growth case rests on electricity demand and gas exports rather than on liquids volumes.

Live analysis · updated 9/27/2026

WMB holds the edge across 3 of 5 key metrics in this comparison. EPD leads on both 1-year return (+24.10%) and forward P/E quality (11.55x vs 28.13x for WMB), a relatively favorable combination of momentum and valuation. On fundamentals, EPD is growing revenue faster (60.80%), while WMB maintains the higher operating margin (39.54%) — a classic growth-versus-profitability split. Analyst consensus implies similar upside for both: +12.86% for EPD and +15.62% for WMB.

Want a full valuation workup? 46-section report — AI Score, Monte Carlo forecast, bull/bear case, DCF, and more.
Normalized 1Y performance
EPD
WMB
Recent returns
EPD
WMB
Analyst price targets & sentiment

Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.

EPD · 21 analysts
STRONG BUYHOLDSTRONG SELL
Buy (2.3/5.0)
10 Buy / 12 Hold / 1 Sell
Price target range
analyst low$38.00
analyst high$46.00
analyst mean$41.48
current price$36.75
+12.9% upside to analyst mean
WMB · 20 analysts
STRONG BUYHOLDSTRONG SELL
Buy (2.3/5.0)
22 Buy / 2 Hold / 0 Sell
Price target range
analyst low$43.00
analyst mean$85.25
current price$69.26
+15.6% upside to analyst mean
Who should consider this stock?
EPD may suit investors who:
  • Want natural gas liquids and export exposure with a high distribution
  • Value a long distribution growth record and conservative leverage
  • Hold in a taxable account and accept K-1 reporting
  • Are comfortable with dependence on producer volumes and petrochemical demand
WMB may suit investors who:
  • Want natural gas transmission exposure anchored by a premier pipeline system
  • Believe power demand and liquefied natural gas exports will drive gas growth
  • Prefer simple 1099 dividend reporting and retirement account suitability
  • Accept permitting risk and concentration in natural gas
Performance & AI score
Performance & AI score
MetricEPDWMB
AI scorei44.651.8
AI ranki#742#381
Latest closei$36.75$69.26
1M returni-6.11%-6.92%
6M returni-3.68%-5.87%
1Y returni+24.10%+10.18%
$10,000 invested — hypothetical growth (dividends reinvested)

How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?

$10,000 invested — hypothetical growth (dividends reinvested)
PeriodEPDWMB
1Y ago$13.23K (+32.3%)
started 2025-09-25
$10.94K (+9.4%)
started 2025-09-25
5Y ago$36.58K (+265.8%)
started 2021-09-27
$38.21K (+282.1%)
started 2021-09-27
10Y ago$76.09K (+660.9%)
started 2016-09-26
$65.56K (+555.6%)
started 2016-09-26

Hypothetical — past performance does not guarantee future results.

Valuation & upside potential
Valuation & upside potential
MetricEPDWMB
Market capi$79.36B$90.18B
Trailing P/Ei12.7229.37
Forward P/Ei11.5528.13
Price/Salesi1.366.67
EV/Revenuei1.959.98
Analyst targeti$41.48$85.25
Target upsidei+12.86%+15.62%
Growth, profitability & risk
Growth, profitability & risk
MetricEPDWMB
Revenue growthi60.80%7.80%
Earnings growthi28.50%51.20%
EPS growthi+28.50%+51.20%
FCF margini+1.84%-12.31%
Operating margini11.76%39.54%
Profit margini10.79%24.94%
ROIC proxyi20.85%21.50%
Return on equityi20.85%21.50%
Dividend yieldi6.00%2.83%
Payout ratioi75.78%81.67%
Dividend growth streaki11 yrsNo increase yet
Betai0.480.61
Debt/equityi109.97200.37
Current ratioi0.930.48
Quick ratioi0.560.31
Correlation

Over the past year, EPD and WMB have moved moderately in the same direction (correlation of 0.48), based on daily returns.

1Y
0.48
-1.0+1.0
5Y
0.62
-1.0+1.0
10Y
0.67
-1.0+1.0
Drawdown & downside risk

Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.

1Y risk snapshot
EPD max drawdowni9.32%
WMB max drawdowni12.77%
EPD max wkly dropi6.79%
WMB max wkly dropi10.74%
5Y risk snapshot
EPD max drawdowni18.06%
WMB max drawdowni23.01%
EPD max wkly dropi15.10%
WMB max wkly dropi14.76%
10Y risk snapshot
EPD max drawdowni58.04%
WMB max drawdowni68.08%
EPD max wkly dropi39.75%
WMB max wkly dropi40.78%
Performance metrics by period
Performance metrics by period
PeriodMetricEPDWMB
1YGrowthi+24.10%+9.40%
CAGRi+24.12%+9.41%
Volatilityi17.68%24.12%
Sharpe ratioi1.060.31
Sortino ratioi1.630.44
Max drawdowni9.32%12.77%
Current drawdowni6.63%12.77%
Avg drawdowni2.45%5.48%
Ulcer Indexi3.32%6.49%
Max daily dropi3.17%5.20%
Max wkly dropi6.79%10.74%
5YGrowthi+140.07%+216.18%
CAGRi+19.17%+25.92%
Volatilityi17.09%23.92%
Sharpe ratioi0.850.90
Sortino ratioi1.211.28
Max drawdowni18.06%23.01%
Current drawdowni6.63%12.77%
Avg drawdowni3.84%6.12%
Ulcer Indexi5.38%8.12%
Max daily dropi7.83%8.43%
Max wkly dropi15.10%14.76%
10YGrowthi+175.49%+262.16%
CAGRi+10.67%+13.74%
Volatilityi24.05%30.19%
Sharpe ratioi0.360.43
Sortino ratioi0.500.61
Max drawdowni58.04%68.08%
Current drawdowni6.63%12.77%
Avg drawdowni8.11%11.03%
Ulcer Indexi12.86%14.77%
Max daily dropi18.60%23.74%
Max wkly dropi39.75%40.78%
AI Prediction Signali
Members only
Next 5 trading days
EPD
+2.8%BUY
WMB
+1.1%HOLD
Next 30 trading days
EPD
+6.4%BUY
WMB
+3.2%HOLD

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Business comparison
Business comparison
CategoryEPDWMB
CompanyEnterprise Products Partners L.P.The Williams Companies, Inc.
SectorEnergy / MidstreamEnergy
IndustryOil & Gas MidstreamOil & Gas Midstream
Core businessLarge midstream partnership focused on natural gas liquids, with extensive pipelines, fractionation facilities, storage, and Gulf Coast export terminals, plus crude oil, natural gas, and petrochemical assets. Units issue a K-1.Natural gas focused midstream corporation whose central asset is the Transco pipeline system serving the eastern United States, alongside gathering, processing, and storage assets. Structured as a corporation issuing a 1099.
Investor focusDistributable cash flow coverage, natural gas liquids export volumes, growth project completions, leverage, and the distribution growth record.Transco expansion projects, natural gas demand from power generation and LNG exports, contracted cash flow, leverage, and dividend growth.
EPD strengths
  • Long unbroken record of annual distribution increases, unusual in the sector
  • Conservative leverage and high distribution coverage relative to peers
  • Leading Gulf Coast natural gas liquids export position serving international petrochemical demand
WMB strengths
  • Transco is among the most valuable pipeline systems in the country, serving dense demand markets
  • Natural gas demand growth from power generation and liquefied natural gas exports supports expansion projects
  • Corporate structure with straightforward 1099 dividend reporting
Risks to watch — EPD
  • Partnership structure brings K-1 reporting and retirement account complications
  • Volume growth depends on producer drilling and global petrochemical demand
  • Large growth projects require sustained capital spending
Risks to watch — WMB
  • Pipeline expansion requires permits that face legal and political opposition in some regions
  • Concentrated in natural gas, so it lacks liquids and crude diversification
  • Growth depends on securing contracted capacity for new projects
Frequently asked questions
It runs from the Gulf Coast to the densely populated eastern United States, connecting abundant supply to markets where building new pipeline capacity is extremely difficult. That combination of essential route and high barriers to replication gives it durable pricing power and makes expansion projects on the existing corridor among the most attractive investments in midstream.
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Volatility, Sharpe and Sortino ratios, maximum, current, and average drawdown, Ulcer Index, and worst single-day and single-week drops across every timeframe.

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Pairwise daily-return correlation for every combination, so you can see whether two holdings actually diversify each other or just move together.

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