NGL Energy Partners (NGL-PC) Debt Ratio (2011 - 2026)

NGL Energy Partners (NGL-PC) reported Debt Ratio of 0.77 for Q1 2026, up 20.21% on a YoY basis from 0.64 in Q1 2025, and up 15.74% quarter-over-quarter from 0.67 in Q4 2025.

NGL Energy Partners (NGL-PC) Debt Ratio (2011 - 2026) Analysis & Trends

NGL Energy Partners has reported Debt Ratio for 16 years, with the latest figure at 0.77 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 20.21% year-over-year to 0.77; the trailing twelve-month figure through Mar 2026 stood at 0.77 (up 20.21% YoY), and the FY2026 full-year result was 0.77, up 20.21% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.77, up from 0.67 in the prior quarter.
  • The five-year high for Debt Ratio was 0.77 in Q1 2026, with the low at 0.49 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.6 across 5 years, with a median of 0.57 in 2024.
  • Annual changes were most pronounced in 2023 — Debt Ratio decreased 12.41% — and 2024, when it rose 29.46%.
  • NGL Energy Partners' Debt Ratio stood at 0.49 in 2022, then advanced by 1.33% to 0.5 in 2023, then grew by 27.24% to 0.64 in 2024, then increased by 5.1% to 0.67 in 2025, then grew by 15.74% to 0.77 in 2026.
  • The last three Debt Ratio figures came in at 0.77 (Q1 2026), 0.67 (Q4 2025), and 0.68 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.47
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.42
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.44
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.47
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 0.14
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.60
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.71
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.47
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 0.39
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