NGL Energy Partners (NGL) Asset Utilization Ratio (2011 - 2026)
NGL Energy Partners' (NGL) Asset Utilization Ratio came in at 0.84 for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 11.4% from 0.76 a year earlier and up 14.4% from the prior quarter.
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Analysis
NGL Energy Partners (NGL) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), NGL Energy Partners' Asset Utilization Ratio stood at 0.72, down 0.3% from FY2025.
- Annual Asset Utilization Ratio has declined for four consecutive fiscal years.
- In prior fiscal years, NGL Energy Partners' Asset Utilization Ratio was 0.72 in FY2025 (-9.1%), 0.79 in FY2024 (-19.5%), 0.99 in FY2023 (-25.5%) and 1.32 in FY2022 (+57.5%).
- The fiscal Q1 2027 figure stands as the highest quarterly Asset Utilization Ratio since fiscal Q4 2023.
- On a year-over-year basis, Asset Utilization Ratio has increased in each of the last three quarters, with growth averaging 14.9% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was fiscal Q3 2025, with growth of 85.9%; the weakest was fiscal Q3 2024, with a decline of 74.4%.
- According to Business Quant data, Asset Utilization Ratio for the three prior fiscal quarters was 0.74 (Q4 2026), 0.73 (Q3 2026) and 0.77 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 0.36 |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 0.72 |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 0.73 |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 0.24 |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 0.60 |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 0.31 |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 0.45 |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 0.58 |
| 10 | NGL Energy Partners | 1.85 Bn | 1.82 Bn | 305.58 Mn | 0.84 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.84 |
| Mar 31, 2026 | 0.74 |
| Dec 31, 2025 | 0.73 |
| Sep 30, 2025 | 0.77 |
| Jun 30, 2025 | 0.76 |
| Mar 31, 2025 | 0.73 |
| Dec 31, 2024 | 0.73 |
| Sep 30, 2024 | 0.77 |
| Jun 30, 2024 | 0.81 |
| Mar 31, 2024 | 0.80 |
| Dec 31, 2023 | 0.39 |
| Sep 30, 2023 | 0.57 |
| Jun 30, 2023 | 0.76 |
| Mar 31, 2023 | 1.00 |
| Dec 31, 2022 | 1.53 |
| Sep 30, 2022 | 1.49 |
| Jun 30, 2022 | 1.46 |
| Mar 31, 2022 | 1.31 |
| Dec 31, 2021 | 1.19 |
| Sep 30, 2021 | 1.09 |
API Access
NGL Energy Partners Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NGL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();