NGL Energy Partners LP (NGL-PC) Operating Margin (2010 - 2026)
NGL Energy Partners' (NGL-PC) quarterly Operating Margin came in at 21.76% in Q1 2026, down 3011.0% YoY from 0.75% in Q1 2025, and down 280.56% on a QoQ basis from 12.05% in Q4 2025.
NGL Energy Partners LP (NGL-PC) Operating Margin (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL-PC) has 17 years of Operating Margin data on file, last reported at 21.76% in Q1 2026.
- Quarterly Operating Margin fell 3011.0% year-over-year to 21.76% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.0% (down 649.0% YoY) and the FY2026 annual result came in at 3.0%, down 649.0% from the prior year.
- Operating Margin eased to 21.76% in Q1 2026, from 12.05% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 15.66% in Q2 2025 to a low of 21.76% in Q1 2026.
- A 5-year average of 5.22% and a median of 8.35% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2025 — Operating Margin soared 1778 bps — and 2026, when it sank 3011 bps.
- Tracing NGL-PC's Operating Margin over 5 years: stood at 4.8% in 2022, then jumped by 77 bps to 8.52% in 2023, then gained by 1 bps to 8.62% in 2024, then jumped by 40 bps to 12.05% in 2025, then plunged by 281 bps to 21.76% in 2026.
- The last three Operating Margin figures came in at 21.76% (Q1 2026), 12.05% (Q4 2025), and 13.97% (Q3 2025), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.68% |
| Mar 31, 2026 | -21.76% |
| Dec 31, 2025 | 12.05% |
| Sep 30, 2025 | 13.97% |
| Jun 30, 2025 | 15.66% |
| Mar 31, 2025 | 8.35% |
| Dec 31, 2024 | 8.62% |
| Sep 30, 2024 | 10.77% |
| Jun 30, 2024 | 10.81% |
| Mar 31, 2024 | -9.42% |
| Dec 31, 2023 | 8.52% |
| Sep 30, 2023 | 8.54% |
| Jun 30, 2023 | 7.90% |
| Mar 31, 2023 | 1.52% |
| Dec 31, 2022 | 4.80% |
| Sep 30, 2022 | 3.42% |
| Jun 30, 2022 | 3.49% |
| Mar 31, 2022 | 1.52% |
| Dec 31, 2021 | 2.26% |
| Sep 30, 2021 | 3.70% |