NGL Energy Partners (NGL-PB) Return on Capital Employed (2011 - 2026)
NGL Energy Partners (NGL-PB) reported Return on Capital Employed of 2.68% for Q1 2026, down 558.0% on a YoY basis from 0.58% in Q1 2025, and down 74.14% quarter-over-quarter from 10.35% in Q4 2025.
NGL Energy Partners (NGL-PB) Return on Capital Employed (2011 - 2026) Analysis & Trends
NGL Energy Partners has reported Return on Capital Employed for 16 years, with the latest figure at 2.68% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 558.0% year-over-year to 2.68%; the trailing twelve-month figure through Mar 2026 stood at 2.68% (down 558.0% YoY), and the FY2026 full-year result was 2.59%, down 549.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 2.68%, down from 10.35% in the prior quarter.
- The five-year high for Return on Capital Employed was 10.35% in Q4 2025, with the low at 1.73% in Q1 2022.
- Historically, Return on Capital Employed has averaged 5.65% across 5 years, with a median of 5.21% in 2023.
- Annual changes were most pronounced in 2022 — Return on Capital Employed surged 1417 bps — and 2026, when it sank 558 bps.
- NGL Energy Partners' Return on Capital Employed stood at 6.56% in 2022, then dropped by 15 bps to 5.56% in 2023, then tumbled by 33 bps to 3.74% in 2024, then soared by 177 bps to 10.35% in 2025, then sank by 74 bps to 2.68% in 2026.
- The last three Return on Capital Employed figures came in at 2.68% (Q1 2026), 10.35% (Q4 2025), and 9.73% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 5.26% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 11.93% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 7.42% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 7.59% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 13.21% |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 14.56% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 3.63% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 9.98% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | NGL Energy Partners | - | - | 217.25 Mn | 2.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.68% |
| Dec 31, 2025 | 10.35% |
| Sep 30, 2025 | 9.73% |
| Jun 30, 2025 | 8.77% |
| Mar 31, 2025 | 8.26% |
| Dec 31, 2024 | 3.74% |
| Sep 30, 2024 | 4.15% |
| Jun 30, 2024 | 4.23% |
| Mar 31, 2024 | 3.84% |
| Dec 31, 2023 | 5.56% |
| Sep 30, 2023 | 5.91% |
| Jun 30, 2023 | 5.21% |
| Mar 31, 2023 | 5.33% |
| Dec 31, 2022 | 6.56% |
| Sep 30, 2022 | 4.90% |
| Jun 30, 2022 | 5.03% |
| Mar 31, 2022 | 1.73% |
| Dec 31, 2021 | -0.52% |
| Sep 30, 2021 | -8.60% |
| Jun 30, 2021 | -9.14% |