NGL Energy Partners (NGL-PB) Debt Ratio (2011 - 2026)
NGL Energy Partners (NGL-PB) posted Debt Ratio of 0.77 for Q1 2026, up 15.74% on a QoQ basis from 0.67 in Q4 2025, and up 20.21% year-over-year from 0.64 in Q1 2025.
NGL Energy Partners (NGL-PB) Debt Ratio (2011 - 2026) Analysis & Trends
NGL Energy Partners (NGL-PB) has reported Debt Ratio for 16 consecutive years, with 0.77 the latest figure, recorded in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.77, up 20.21% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.77 (up 20.21% YoY), and the FY2026 annual result was 0.77, up 20.21% from the prior year.
- Debt Ratio was 0.77 for Q1 2026 at NGL Energy Partners, up from 0.67 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.77 in Q1 2026 and troughed at 0.49 in Q4 2022.
- A 5-year average of 0.6 and a median of 0.57 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2023 — Debt Ratio slipped 12.41% — and 2024, when it gained 29.46%.
- Year by year, Debt Ratio stood at 0.49 in 2022, then grew by 1.33% to 0.5 in 2023, then rose by 27.24% to 0.64 in 2024, then gained by 5.1% to 0.67 in 2025, then rose by 15.74% to 0.77 in 2026.
- Per Business Quant, the three latest NGL-PB Debt Ratio figures stand at 0.77 (Q1 2026), 0.67 (Q4 2025), and 0.68 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 0.47 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 0.44 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 0.42 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 0.47 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 0.71 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.60 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 0.47 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 0.83 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 0.65 |
| 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 |