NGL Energy Partners LP (NGL-PB) Operating Margin (2010 - 2026)
NGL Energy Partners (NGL-PB) posted Operating Margin of 14.68% for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 0.98 percentage points from 15.66% a year earlier but up 36.44 percentage points from the prior quarter.
NGL Energy Partners LP (NGL-PB) Operating Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at NGL Energy Partners was 4.05%, down 6.30 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 3.00%, down 6.49 percentage points from FY2025.
- Annual Operating Margin shows a five-year change of +10.48 percentage points (FY2021 to FY2026).
- In prior fiscal years, NGL Energy Partners' Operating Margin was 9.49% in FY2025 (+5.60 pp), 3.90% in FY2024 (-0.40 pp), 4.30% in FY2023 (+3.25 pp) and 1.04% in FY2022 (+8.52 pp).
- Quarterly Operating Margin has run from a low of -21.76% in fiscal Q4 2026 to a high of 15.66% in fiscal Q1 2026 over five years.
- On a year-over-year basis, Operating Margin increased in six of the last eight quarters, with an average year-over-year change of +0.06 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was fiscal Q3 2022, with a gain of 25.95 percentage points; the weakest was fiscal Q4 2026, with a drop of 30.11 percentage points.
- According to Business Quant data, Operating Margin for the three prior fiscal quarters was -21.76% (Q4 2026), 12.05% (Q3 2026) and 13.97% (Q2 2026).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.68% |
| Mar 31, 2026 | -21.76% |
| Dec 31, 2025 | 12.05% |
| Sep 30, 2025 | 13.97% |
| Jun 30, 2025 | 15.66% |
| Mar 31, 2025 | 8.35% |
| Dec 31, 2024 | 8.62% |
| Sep 30, 2024 | 10.77% |
| Jun 30, 2024 | 10.81% |
| Mar 31, 2024 | -9.42% |
| Dec 31, 2023 | 8.52% |
| Sep 30, 2023 | 8.54% |
| Jun 30, 2023 | 7.90% |
| Dec 31, 2022 | 4.80% |
| Sep 30, 2022 | 3.42% |
| Jun 30, 2022 | 3.49% |
| Mar 31, 2022 | 1.52% |
| Dec 31, 2021 | 2.26% |
| Sep 30, 2021 | 3.70% |
| Jun 30, 2021 | -4.66% |
NGL Energy Partners LP Operating 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=operating-margin&ticker=NGL-PB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=NGL-PB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();