NGL Energy Partners (NGL) EBT Margin (2010 - 2026)
NGL Energy Partners' (NGL) quarterly EBT Margin came in at 8.06% in Q2 2026, up 322.0% on a YoY basis from 1.91% in Q2 2025, and up 126.68% quarter-over-quarter from 30.19% in Q1 2026.
Analysis
NGL Energy Partners (NGL) EBT Margin (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has reported EBT Margin for 17 consecutive years, with 8.06% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin rose 322.0% year-over-year to 8.06%; the trailing twelve-month figure through Jun 2026 stood at 3.66% (down 599.0% YoY), and the FY2026 full-year result was 5.66%, down 740.0% from the prior year.
- EBT Margin rose to 8.06% in Q2 2026 per NGL's latest filing, from 30.19% in the prior quarter.
- Across five years, EBT Margin topped out at 8.06% in Q2 2026 and bottomed at 30.19% in Q1 2026.
- Historically, EBT Margin has averaged 0.3% across 5 years, with a median of 2.28% in 2024.
- The sharpest annual moves came in 2024 and 2025: EBT Margin slumped 3202 bps in 2024, then soared 2577 bps in 2025.
- Over 5 years, EBT Margin stood at 2.75% in 2022, then jumped by 40 bps to 3.84% in 2023, then plunged by 38 bps to 2.39% in 2024, then soared by 121 bps to 5.28% in 2025, then soared by 52 bps to 8.06% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 8.06%, 30.19%, and 5.28% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 26.04% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 10.22% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.93% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 36.72% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.63% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 32.88% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 10.51% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 6.86% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 30.30% |
| 10 | NGL Energy Partners | 2.22 Bn | 2.21 Bn | 305.58 Mn | 8.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.06% |
| Mar 31, 2026 | -30.19% |
| Dec 31, 2025 | 5.28% |
| Sep 30, 2025 | 4.41% |
| Jun 30, 2025 | 4.84% |
| Mar 31, 2025 | 1.66% |
| Dec 31, 2024 | 2.39% |
| Sep 30, 2024 | 1.01% |
| Jun 30, 2024 | 1.69% |
| Mar 31, 2024 | -24.11% |
| Dec 31, 2023 | 3.84% |
| Sep 30, 2023 | 2.84% |
| Jun 30, 2023 | 2.16% |
| Mar 31, 2023 | 7.92% |
| Dec 31, 2022 | 2.75% |
| Sep 30, 2022 | 0.21% |
| Jun 30, 2022 | 0.92% |
| Mar 31, 2022 | -1.09% |
| Dec 31, 2021 | -0.88% |
| Sep 30, 2021 | -0.08% |