NGL Energy Partners (NGL-PC) FCF Margin (2010 - 2026)

NGL Energy Partners (NGL-PC) reported FCF Margin of 12.87% for Q1 2026, up 2167.0% on a YoY basis from 0.57% in Q1 2025, and down 46.08% quarter-over-quarter from 23.88% in Q4 2025.

NGL Energy Partners (NGL-PC) FCF Margin (2010 - 2026) Analysis & Trends

NGL Energy Partners has reported FCF Margin for 17 years, with the latest figure at 12.87% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 2167.0% year-over-year to 12.87%; the trailing twelve-month figure through Mar 2026 stood at 10.92% (up 1016.0% YoY), and the FY2026 full-year result was 10.92%, up 943.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 12.87%, down from 23.88% in the prior quarter.
  • The five-year high for FCF Margin was 23.88% in Q4 2025, with the low at 24.63% in Q1 2023.
  • Historically, FCF Margin has averaged 2.82% across 5 years, with a median of 1.95% in 2025.
  • Annual changes were most pronounced in 2023 — FCF Margin slumped 3032 bps — and 2024, when it surged 2422 bps.
  • NGL Energy Partners' FCF Margin stood at 15.2% in 2022, then fell by 10 bps to 13.65% in 2023, then rose by 13 bps to 15.48% in 2024, then surged by 54 bps to 23.88% in 2025, then tumbled by 46 bps to 12.87% in 2026.
  • The last three FCF Margin figures came in at 12.87% (Q1 2026), 23.88% (Q4 2025), and 1.05% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -0.43%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 3.38%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 28.13%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 5.26%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 25.41%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -3.91%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.73%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 13.15%
10 NGL Energy Partners - - 217.25 Mn 12.87%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.87%
Dec 31, 2025 23.88%
Sep 30, 2025 -1.05%
Jun 30, 2025 1.95%
Mar 31, 2025 -8.80%
Dec 31, 2024 15.48%
Sep 30, 2024 -2.71%
Jun 30, 2024 -2.60%
Mar 31, 2024 -0.41%
Dec 31, 2023 13.65%
Sep 30, 2023 3.11%
Jun 30, 2023 2.12%
Mar 31, 2023 -24.63%
Dec 31, 2022 15.20%
Sep 30, 2022 -4.34%
Jun 30, 2022 -1.54%
Mar 31, 2022 5.69%
Dec 31, 2021 0.23%
Sep 30, 2021 -4.19%
Jun 30, 2021 -0.81%