NGL Energy Partners (NGL-PC) Interest Coverage Ratio (2010 - 2026)

NGL Energy Partners (NGL-PC) reported Interest Coverage Ratio of 3.26 for Q1 2026, down 381.6% on a YoY basis from 1.16 in Q1 2025, and down 289.72% quarter-over-quarter from 1.72 in Q4 2025.

NGL Energy Partners (NGL-PC) Interest Coverage Ratio (2010 - 2026) Analysis & Trends

NGL Energy Partners has reported Interest Coverage Ratio for 17 years, with the latest figure at 3.26 in Q1 2026.

  • For the quarter ending Q1 2026, Interest Coverage Ratio fell 381.6% year-over-year to 3.26; the trailing twelve-month figure through Mar 2026 stood at 0.37 (down 68.71% YoY), and the FY2026 full-year result was 0.37, down 68.71% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 3.26, down from 1.72 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 1.78 in Q4 2023, with the low at 3.26 in Q1 2026.
  • Historically, Interest Coverage Ratio has averaged 0.8 across 5 years, with a median of 1.21 in 2023.
  • Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 225.52% — and 2026, when it sank 381.6%.
  • NGL Energy Partners' Interest Coverage Ratio stood at 1.35 in 2022, then jumped by 31.54% to 1.78 in 2023, then slipped by 24.53% to 1.34 in 2024, then grew by 27.94% to 1.72 in 2025, then tumbled by 289.72% to 3.26 in 2026.
  • The last three Interest Coverage Ratio figures came in at 3.26 (Q1 2026), 1.72 (Q4 2025), and 1.46 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 2.64
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 4.92
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 3.15
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -17.95
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 4.17
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn -
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 3.25
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 3.25
10 NGL Energy Partners - - 217.25 Mn -3.26

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.26
Dec 31, 2025 1.72
Sep 30, 2025 1.46
Jun 30, 2025 1.49
Mar 31, 2025 1.16
Dec 31, 2024 1.34
Sep 30, 2024 1.06
Jun 30, 2024 1.18
Mar 31, 2024 -1.04
Dec 31, 2023 1.78
Sep 30, 2023 1.47
Jun 30, 2023 1.21
Mar 31, 2023 -0.23
Dec 31, 2022 1.35
Sep 30, 2022 1.01
Jun 30, 2022 1.30
Mar 31, 2022 0.57
Dec 31, 2021 0.72
Sep 30, 2021 0.95
Jun 30, 2021 -1.03