NGL Energy Partners (NGL-PB) Gross Margin (2010 - 2026)
NGL Energy Partners (NGL-PB) posted Gross Margin of 30.87% for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 7.60 percentage points from 38.47% a year earlier but up 7.99 percentage points from the prior quarter.
NGL Energy Partners (NGL-PB) Gross Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at NGL Energy Partners was 29.52%, up 0.06 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 30.86%, up 3.13 percentage points from FY2025.
- Annual Gross Margin has increased for four consecutive fiscal years, with a five-year change of +16.83 percentage points (FY2021 to FY2026).
- In prior fiscal years, NGL Energy Partners' Gross Margin was 27.73% in FY2025 (+4.43 pp), 23.30% in FY2024 (+5.88 pp), 17.43% in FY2023 (+7.25 pp) and 10.17% in FY2022 (-3.85 pp).
- Quarterly Gross Margin has run from a low of 7.68% in fiscal Q4 2022 to a high of 38.47% in fiscal Q1 2026 over five years.
- On a year-over-year basis, Gross Margin increased in six of the last eight quarters, with an average year-over-year change of +2.78 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q1 2024, with a gain of 14.78 percentage points; the weakest was fiscal Q1 2027, with a drop of 7.60 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 22.88% (Q4 2026), 28.99% (Q3 2026) and 37.60% (Q2 2026).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.87% |
| Mar 31, 2026 | 22.88% |
| Dec 31, 2025 | 28.99% |
| Sep 30, 2025 | 37.60% |
| Jun 30, 2025 | 38.47% |
| Mar 31, 2025 | 26.94% |
| Dec 31, 2024 | 25.14% |
| Sep 30, 2024 | 30.87% |
| Jun 30, 2024 | 28.97% |
| Mar 31, 2024 | 21.85% |
| Dec 31, 2023 | 21.93% |
| Sep 30, 2023 | 25.36% |
| Jun 30, 2023 | 24.49% |
| Dec 31, 2022 | 13.04% |
| Sep 30, 2022 | 12.21% |
| Jun 30, 2022 | 9.71% |
| Mar 31, 2022 | 7.68% |
| Dec 31, 2021 | 10.20% |
| Sep 30, 2021 | 13.03% |
| Jun 30, 2021 | 11.01% |
NGL Energy Partners Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NGL-PB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NGL-PB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NGL-PB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();