NGL Energy Partners (NGL-PC) Net Margin (2010 - 2026)
NGL Energy Partners (NGL-PC) posted Net Margin of 49.0% for Q1 2026, down 3824.0% on a QoQ basis from 1.32% in Q4 2025, and down 4734.0% year-over-year from 1.06% in Q1 2025.
NGL Energy Partners (NGL-PC) Net Margin (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL-PC) has reported Net Margin for 17 consecutive years, with 49.0% the latest figure, recorded in Q1 2026.
- Net Margin for Q1 2026 came in at 49.0%, down 4734.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.1% (down 1194.0% YoY), and the FY2026 annual result was 14.09%, down 1182.0% from the prior year.
- Net Margin was 49.0% for Q1 2026 at NGL Energy Partners, down from 1.32% in the prior quarter.
- Over five years, Net Margin peaked at 11.49% in Q1 2023 and troughed at 49.0% in Q1 2026.
- A 5-year average of 4.43% and a median of 1.34% in 2022 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2025 — Net Margin surged 2594 bps — and 2026, when it plunged 4734 bps.
- Year by year, Net Margin stood at 1.22% in 2022, then fell by 29 bps to 0.86% in 2023, then sank by 283 bps to 1.57% in 2024, then jumped by 184 bps to 1.32% in 2025, then tumbled by 3824 bps to 49.0% in 2026.
- Per Business Quant, the three latest NGL-PC Net Margin figures stand at 49.0% (Q1 2026), 1.32% (Q4 2025), and 0.46% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 7.47% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 20.73% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 10.39% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 4.30% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 11.71% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 30.35% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 8.07% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 5.08% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 10.61% |
| 10 | NGL Energy Partners | - | - | 217.25 Mn | -49.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -49.00% |
| Dec 31, 2025 | 1.32% |
| Sep 30, 2025 | 0.46% |
| Jun 30, 2025 | 0.85% |
| Mar 31, 2025 | -1.66% |
| Dec 31, 2024 | -1.57% |
| Sep 30, 2024 | -3.20% |
| Jun 30, 2024 | -2.52% |
| Mar 31, 2024 | -27.60% |
| Dec 31, 2023 | 0.86% |
| Sep 30, 2023 | -0.67% |
| Jun 30, 2023 | -1.59% |
| Mar 31, 2023 | 11.49% |
| Dec 31, 2022 | 1.22% |
| Sep 30, 2022 | -1.34% |
| Jun 30, 2022 | -0.19% |
| Mar 31, 2022 | -2.22% |
| Dec 31, 2021 | -2.08% |
| Sep 30, 2021 | -1.55% |
| Jun 30, 2021 | -10.70% |