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

NGL Energy Partners has reported Gross Margin for 17 years, with the latest figure at 22.88% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 406.0% year-over-year to 22.88%; the trailing twelve-month figure through Mar 2026 stood at 30.86% (up 313.0% YoY), and the FY2026 full-year result was 30.86%, up 313.0% from the prior year.
• Gross Margin for Q1 2026 stood at 22.88%, down from 28.99% in the prior quarter.
• The five-year high for Gross Margin was 38.47% in Q2 2025, with the low at 23.06% in Q1 2023.
• Historically, Gross Margin has averaged 20.77% across 5 years, with a median of 24.49% in 2023.
• Annual changes were most pronounced in 2023 — Gross Margin plunged 3075 bps — and 2024, when it jumped 4491 bps.
• NGL Energy Partners' Gross Margin 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.