NGL Energy Partners LP (NGL-PC) Gross Margin (2010 - 2026)
NGL Energy Partners' (NGL-PC) quarterly Gross Margin came in at 22.88% in Q1 2026, down 406.0% YoY from 7.48% in Q1 2025, and down 21.07% on a QoQ basis from 28.99% in Q4 2025.
NGL Energy Partners LP (NGL-PC) Gross Margin (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL-PC) has 17 years of Gross Margin data on file, last reported at 22.88% in Q1 2026.
- Quarterly Gross Margin fell 406.0% year-over-year to 22.88% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 30.86% (up 313.0% YoY) and the FY2026 annual result came in at 30.86%, up 313.0% from the prior year.
- Gross Margin declined to 22.88% in Q1 2026, from 28.99% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 38.47% in Q2 2025 to a low of 23.06% in Q1 2023.
- A 5-year average of 20.77% and a median of 24.49% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 3075 bps — and 2024, when it jumped 4491 bps.
- Tracing NGL-PC's Gross Margin over 5 years: stood at 13.04% in 2022, then jumped by 68 bps to 21.93% in 2023, then grew by 15 bps to 25.14% in 2024, then rose by 15 bps to 28.99% in 2025, then dropped by 21 bps to 22.88% in 2026.
- The last three Gross Margin figures came in at 22.88% (Q1 2026), 28.99% (Q4 2025), and 37.6% (Q3 2025), per Business Quant data.
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Historic Data
Download 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% |
| Mar 31, 2023 | -23.06% |
| 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% |