NGL Energy Partners LP (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 LP (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 LP 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();