NGL Energy Partners NGL
NYSE NGL
$17.77 -0.40 (-2.20%)
At close: Sep 4, 2026 · 4:00 PM EDT

NGL Energy Partners (NGL) Debt Ratio (2011 - 2026)

NGL Energy Partners' (NGL) quarterly Debt Ratio came in at 0.79 in Q2 2026, up 14.03% on a YoY basis from 0.69 in Q2 2025, and up 1.16% quarter-over-quarter from 0.78 in Q1 2026.

Analysis

NGL Energy Partners (NGL) Debt Ratio (2011 - 2026) Analysis & Trends

NGL Energy Partners (NGL) has reported Debt Ratio for 16 consecutive years, with 0.79 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio rose 14.03% year-over-year to 0.79; the trailing twelve-month figure through Jun 2026 stood at 0.79 (up 14.03% YoY), and the FY2026 full-year result was 0.78, up 20.27% from the prior year.
  • Debt Ratio advanced to 0.79 in Q2 2026 per NGL's latest filing, from 0.78 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.79 in Q2 2026 and bottomed at 0.49 in Q3 2023.
  • Historically, Debt Ratio has averaged 0.61 across 5 years, with a median of 0.61 in 2024.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio decreased 16.91% in 2023, then advanced 29.78% in 2024.
  • Over 5 years, Debt Ratio stood at 0.6 in 2022, then fell by 16.91% to 0.5 in 2023, then advanced by 27.6% to 0.64 in 2024, then increased by 5.12% to 0.67 in 2025, then increased by 17.13% to 0.79 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.79, 0.78, and 0.67 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 0.44
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 0.41
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 0.46
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 0.69
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 0.60
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 0.50
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 0.48
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 0.03
10 NGL Energy Partners 2.22 Bn 2.21 Bn 305.58 Mn 0.79
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.79
Mar 31, 2026 0.78
Dec 31, 2025 0.67
Sep 30, 2025 0.68
Jun 30, 2025 0.69
Mar 31, 2025 0.65
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 0.60
Sep 30, 2022 0.57
Jun 30, 2022 0.55
Mar 31, 2022 0.55
Dec 31, 2021 0.57
Sep 30, 2021 0.58