NGL Energy Partners (NGL) EBT Margin (2010 - 2026)
NGL Energy Partners (NGL) recorded EBT Margin of -4.30% in fiscal Q2 2027 (quarter ended Sep 30, 2026), down 8.71 percentage points from 4.41% a year earlier and down 12.36 percentage points from the prior quarter.
NGL Energy Partners (NGL) EBT Margin (2010 - 2026) Analysis & Trends
On a TTM basis, NGL Energy Partners' EBT Margin came in at -5.25% as of Sep 30, 2026, down 8.31 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at -5.66%, down 7.40 percentage points from FY2025.
- Annual EBT Margin has a five-year change of +6.60 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, EBT Margin came in at 1.73% in FY2025 (+5.50 pp), -3.76% in FY2024 (-3.93 pp), 0.16% in FY2023 (+2.47 pp) and -2.30% in FY2022 (+9.96 pp).
- Quarterly EBT Margin has ranged from -30.19% in fiscal Q4 2026 to 8.06% in fiscal Q1 2027 over the past five years.
- On a year-over-year basis, EBT Margin rose in five of the last eight quarters, with an average year-over-year change of -0.45 percentage points.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 25.77 percentage points in fiscal Q4 2025, against a drop of 31.86 percentage points in fiscal Q4 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 8.06% (Q1 2027), -30.19% (Q4 2026) and 5.28% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 8.91% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 30.65% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 9.22% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 21.63% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 5.39% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 15.20% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 26.79% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 32.62% |
| 10 | NGL Energy Partners | 75.44 Mn | 48.44 Mn | 258.58 Mn | -4.30% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -4.30% |
| 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% |
| 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% |
NGL Energy Partners EBT Margin 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=ebt-margin&ticker=NGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();