NGL Energy Partners (NGL-PB) Debt Ratio (2011 - 2026)
NGL Energy Partners (NGL-PB) reported Debt Ratio of 0.77 for Q1 2026, up 20.21% on a YoY basis from 0.64 in Q1 2025, and up 15.74% quarter-over-quarter from 0.67 in Q4 2025.
NGL Energy Partners (NGL-PB) Debt Ratio (2011 - 2026) Analysis & Trends
NGL Energy Partners has reported Debt Ratio for 16 years, with the latest figure at 0.77 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio rose 20.21% year-over-year to 0.77; the trailing twelve-month figure through Mar 2026 stood at 0.77 (up 20.21% YoY), and the FY2026 full-year result was 0.77, up 20.21% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.77, up from 0.67 in the prior quarter.
- The five-year high for Debt Ratio was 0.77 in Q1 2026, with the low at 0.49 in Q4 2022.
- Historically, Debt Ratio has averaged 0.6 across 5 years, with a median of 0.57 in 2024.
- Annual changes were most pronounced in 2023 — Debt Ratio decreased 12.41% — and 2024, when it rose 29.46%.
- NGL Energy Partners' Debt Ratio stood at 0.49 in 2022, then advanced by 1.33% to 0.5 in 2023, then grew by 27.24% to 0.64 in 2024, then increased by 5.1% to 0.67 in 2025, then grew by 15.74% to 0.77 in 2026.
- The last three Debt Ratio figures came in at 0.77 (Q1 2026), 0.67 (Q4 2025), and 0.68 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 0.47 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.42 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.44 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.47 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 0.14 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.60 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 0.71 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.47 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 0.39 |
| 10 | NGL Energy Partners | - | - | 217.25 Mn | 0.77 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.77 |
| Dec 31, 2025 | 0.67 |
| Sep 30, 2025 | 0.68 |
| Jun 30, 2025 | 0.69 |
| Mar 31, 2025 | 0.64 |
| Dec 31, 2024 | 0.64 |
| Sep 30, 2024 | 0.64 |
| Jun 30, 2024 | 0.63 |
| Mar 31, 2024 | 0.57 |
| Dec 31, 2023 | 0.50 |
| Sep 30, 2023 | 0.49 |
| Jun 30, 2023 | 0.53 |
| Mar 31, 2023 | 0.52 |
| Dec 31, 2022 | 0.49 |
| Sep 30, 2022 | 0.56 |
| Jun 30, 2022 | 0.54 |
| Mar 31, 2022 | 0.55 |
| Dec 31, 2021 | 0.56 |
| Sep 30, 2021 | 0.57 |
| Jun 30, 2021 | 0.57 |