NGL Energy Partners (NGL) Asset Utilization Ratio (2011 - 2026)
NGL Energy Partners' (NGL) quarterly Asset Utilization Ratio came in at 0.74 in Q1 2026, up 0.54% YoY from 0.73 in Q1 2025, and up 0.78% on a QoQ basis from 0.73 in Q4 2025.
NGL Energy Partners (NGL) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has 16 years of Asset Utilization Ratio data on file, last reported at 0.74 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 0.54% year-over-year to 0.74 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.74 (up 0.54% YoY) and the FY2026 annual result came in at 0.72, changed 0.28% from the prior year.
- Asset Utilization Ratio advanced to 0.74 in Q1 2026, from 0.73 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.53 in Q4 2022 to a low of 0.39 in Q4 2023.
- A 5-year average of 0.9 and a median of 0.77 in 2025 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio slumped 74.4% — and 2024, when it soared 85.92%.
- Tracing NGL's Asset Utilization Ratio over 5 years: stood at 1.53 in 2022, then tumbled by 74.4% to 0.39 in 2023, then jumped by 85.92% to 0.73 in 2024, then climbed by 0.74% to 0.73 in 2025, then increased by 0.78% to 0.74 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.74 (Q1 2026), 0.73 (Q4 2025), and 0.77 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.24 |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 0.36 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.72 |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 0.58 |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 0.31 |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 0.58 |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 0.60 |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 0.45 |
| 10 | NGL Energy Partners | 2.35 Bn | 2.35 Bn | 305.58 Mn | 0.84 |
Historic Data
Download 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 |