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
DateValue
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