NGL Energy Partners (NGL) Debt Ratio (2011 - 2026)
NGL Energy Partners' Debt Ratio was 0.78 in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 14.0% from 0.69 a year earlier and up 1.2% from the prior quarter.
NGL Energy Partners (NGL) Debt Ratio (2011 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Debt Ratio at NGL Energy Partners came in at 0.77, up 20.2% from FY2025.
- Debt Ratio has now increased for three consecutive fiscal years.
- In earlier fiscal years, Debt Ratio was 0.64 in FY2025 (+13.5%), 0.57 in FY2024 (+8.4%), 0.52 in FY2023 (-5.2%) and 0.55 in FY2022 (-1.1%).
- The fiscal Q1 2027 figure marks the highest quarterly Debt Ratio in data going back to fiscal Q4 2011.
- Compared with a year earlier, Debt Ratio has increased for ten straight quarters, with growth averaging 15.7% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was fiscal Q2 2025 (growth of 29.5%); the worst was fiscal Q2 2024 (a decline of 12.4%).
- Per Business Quant data, NGL's Debt Ratio in the three fiscal quarters before Q1 2027 was 0.77 (Q4 2026), 0.67 (Q3 2026) and 0.68 (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 0.48 |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 0.41 |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 0.46 |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 0.44 |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 0.69 |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 0.60 |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 0.50 |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 0.48 |
| 10 | NGL Energy Partners | 1.85 Bn | 1.82 Bn | 305.58 Mn | 0.78 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.78 |
| Mar 31, 2026 | 0.77 |
| Dec 31, 2025 | 0.67 |
| Sep 30, 2025 | 0.68 |
| Jun 30, 2025 | 0.69 |
| Mar 31, 2025 | 0.64 |
| Dec 31, 2024 | 0.64 |
| Sep 30, 2024 | 0.64 |
| Jun 30, 2024 | 0.63 |
| Mar 31, 2024 | 0.57 |
| Dec 31, 2023 | 0.50 |
| Sep 30, 2023 | 0.49 |
| Jun 30, 2023 | 0.53 |
| Mar 31, 2023 | 0.52 |
| Dec 31, 2022 | 0.55 |
| Sep 30, 2022 | 0.56 |
| Jun 30, 2022 | 0.54 |
| Mar 31, 2022 | 0.55 |
| Dec 31, 2021 | 0.56 |
| Sep 30, 2021 | 0.57 |
NGL Energy Partners Debt 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=debt-ratio&ticker=NGL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();