NGL Energy Partners (NGL-PB) Asset Utilization Ratio (2011 - 2026)

NGL Energy Partners (NGL-PB) reported Asset Utilization Ratio of 0.74 for Q1 2026, up 0.54% on a YoY basis from 0.73 in Q1 2025, and up 0.78% quarter-over-quarter from 0.73 in Q4 2025.

NGL Energy Partners (NGL-PB) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

NGL Energy Partners has reported Asset Utilization Ratio for 16 years, with the latest figure at 0.74 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio rose 0.54% year-over-year to 0.74; the trailing twelve-month figure through Mar 2026 stood at 0.74 (up 0.54% YoY), and the FY2026 full-year result was 0.72, changed 0.28% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.74, up from 0.73 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.53 in Q4 2022, with the low at 0.39 in Q4 2023.
  • Historically, Asset Utilization Ratio has averaged 0.9 across 5 years, with a median of 0.77 in 2025.
  • Annual changes were most pronounced in 2023 — Asset Utilization Ratio slumped 74.4% — and 2024, when it soared 85.92%.
  • NGL Energy Partners' Asset Utilization Ratio stood at 1.53 in 2022, then tumbled by 74.4% to 0.39 in 2023, then jumped by 85.92% to 0.73 in 2024, then climbed by 0.74% to 0.73 in 2025, then increased by 0.78% to 0.74 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.74 (Q1 2026), 0.73 (Q4 2025), and 0.77 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.31
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.65
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.24
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.49
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.21
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.63
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.52
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -
10 NGL Energy Partners - - 217.25 Mn 0.74

Historic Data

Download Data
DateValue
Mar 31, 2026 0.74
Dec 31, 2025 0.73
Sep 30, 2025 0.77
Jun 30, 2025 0.76
Mar 31, 2025 0.73
Dec 31, 2024 0.73
Sep 30, 2024 0.77
Jun 30, 2024 0.81
Mar 31, 2024 0.80
Dec 31, 2023 0.39
Sep 30, 2023 0.57
Jun 30, 2023 0.76
Mar 31, 2023 1.00
Dec 31, 2022 1.53
Sep 30, 2022 1.49
Jun 30, 2022 1.46
Mar 31, 2022 1.31
Dec 31, 2021 1.19
Sep 30, 2021 1.09
Jun 30, 2021 0.99