NGL Energy Partners (NGL) Asset Utilization Ratio (2011 - 2026)
NGL Energy Partners (NGL) posted Asset Utilization Ratio of 0.74 for Q1 2026, up 0.78% on a QoQ basis from 0.73 in Q4 2025, and up 0.54% year-over-year from 0.73 in Q1 2025.
NGL Energy Partners (NGL) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has reported Asset Utilization Ratio for 16 consecutive years, with 0.74 the latest figure, recorded in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.74, up 0.54% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.74 (up 0.54% YoY), and the FY2026 annual result was 0.72, changed 0.28% from the prior year.
- Asset Utilization Ratio was 0.74 for Q1 2026 at NGL Energy Partners, up from 0.73 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.53 in Q4 2022 and troughed at 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 sank 74.4% — and 2024, when it jumped 85.92%.
- Year by year, Asset Utilization Ratio stood at 1.53 in 2022, then tumbled by 74.4% to 0.39 in 2023, then soared by 85.92% to 0.73 in 2024, then increased by 0.74% to 0.73 in 2025, then gained by 0.78% to 0.74 in 2026.
- Per Business Quant, the three latest NGL Asset Utilization Ratio figures stand at 0.74 (Q1 2026), 0.73 (Q4 2025), and 0.77 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 0.31 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 0.24 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 0.65 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 0.49 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 0.63 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.21 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 0.52 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 0.66 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 0.28 |
| 10 | NGL Energy Partners | 2.02 Bn | 2.02 Bn | 217.25 Mn | 0.74 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.99 |