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' Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.74 for 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 was 0.74 for Q1 2026 at NGL Energy Partners, up from 0.73 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 1.53 in Q4 2022 and bottomed 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 soared 85.92%.
  • NGL Energy Partners' Asset Utilization Ratio stood at 1.53 in 2022, then sank 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.
  • Business Quant data shows NGL's Asset Utilization Ratio at 0.74 in Q1 2026, 0.73 in Q4 2025, and 0.77 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 0.33
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 0.13
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 0.24
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 0.31
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 0.65
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 0.49
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 0.63
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 0.52
10 NGL Energy Partners 2.13 Bn 2.12 Bn 217.25 Mn 0.74

Historic Data

Download Data
DateValue
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