NGL Energy Partners (NGL) EBITDA Margin (2010 - 2026)
NGL Energy Partners' (NGL) quarterly EBITDA Margin came in at 19.58% in Q2 2026, down 467.0% on a YoY basis from 5.33% in Q2 2025, and up 217.45% quarter-over-quarter from 16.67% in Q1 2026.
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NGL Energy Partners (NGL) EBITDA Margin (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has reported EBITDA Margin for 17 consecutive years, with 19.58% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin fell 467.0% year-over-year to 19.58%; the trailing twelve-month figure through Jun 2026 stood at 9.59% (down 689.0% YoY), and the FY2026 full-year result was 9.34%, down 588.0% from the prior year.
- EBITDA Margin climbed to 19.58% in Q2 2026 per NGL's latest filing, from 16.67% in the prior quarter.
- Across five years, EBITDA Margin topped out at 24.25% in Q2 2025 and bottomed at 16.67% in Q1 2026.
- Historically, EBITDA Margin has averaged 10.03% across 5 years, with a median of 13.36% in 2023.
- The sharpest annual moves came in 2025 and 2026: EBITDA Margin surged 1812 bps in 2025, then slumped 3024 bps in 2026.
- Over 5 years, EBITDA Margin stood at 7.14% in 2022, then soared by 77 bps to 12.67% in 2023, then increased by 10 bps to 13.94% in 2024, then advanced by 24 bps to 17.3% in 2025, then grew by 13 bps to 19.58% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 19.58%, 16.67%, and 17.3% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 30.06% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 12.31% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 10.41% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 58.43% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 35.71% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 51.27% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 13.22% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 9.93% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 37.45% |
| 10 | NGL Energy Partners | 2.22 Bn | 2.21 Bn | 305.58 Mn | 19.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.58% |
| Mar 31, 2026 | -16.67% |
| Dec 31, 2025 | 17.30% |
| Sep 30, 2025 | 21.48% |
| Jun 30, 2025 | 24.25% |
| Mar 31, 2025 | 13.57% |
| Dec 31, 2024 | 13.94% |
| Sep 30, 2024 | 17.12% |
| Jun 30, 2024 | 17.12% |
| Mar 31, 2024 | -4.55% |
| Dec 31, 2023 | 12.67% |
| Sep 30, 2023 | 13.37% |
| Jun 30, 2023 | 13.35% |
| Mar 31, 2023 | -3.68% |
| Dec 31, 2022 | 7.14% |
| Sep 30, 2022 | 5.85% |
| Jun 30, 2022 | 5.38% |
| Mar 31, 2022 | 3.37% |
| Dec 31, 2021 | 4.49% |
| Sep 30, 2021 | 6.42% |