NGL Energy Partners (NGL) Debt Ratio (2011 - 2026)
NGL Energy Partners' (NGL) quarterly Debt Ratio came in at 0.77 in Q1 2026, up 20.21% YoY from 0.64 in Q1 2025, and up 15.74% on a QoQ basis from 0.67 in Q4 2025.
NGL Energy Partners (NGL) Debt Ratio (2011 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has 16 years of Debt Ratio data on file, last reported at 0.77 in Q1 2026.
- Quarterly Debt Ratio rose 20.21% year-over-year to 0.77 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.77 (up 20.21% YoY) and the FY2026 annual result came in at 0.77, up 20.21% from the prior year.
- Debt Ratio improved to 0.77 in Q1 2026, from 0.67 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.77 in Q1 2026 to a low of 0.49 in Q3 2023.
- A 5-year average of 0.6 and a median of 0.57 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2023 — Debt Ratio decreased 12.41% — and 2024, when it rose 29.46%.
- Tracing NGL's Debt Ratio over 5 years: stood at 0.55 in 2022, then slipped by 8.22% to 0.5 in 2023, then rose by 27.6% to 0.64 in 2024, then gained by 4.8% to 0.67 in 2025, then grew by 15.74% to 0.77 in 2026.
- The last three Debt Ratio figures came in at 0.77 (Q1 2026), 0.67 (Q4 2025), and 0.68 (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.44 |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 0.48 |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | 0.41 |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 0.46 |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | - |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 0.48 |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | 0.60 |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 0.69 |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 0.50 |
| 10 | NGL Energy Partners | 2.35 Bn | 2.35 Bn | 305.58 Mn | 0.79 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.79 |
| 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 | 0.58 |