NGL Energy Partners (NGL) Equity Ratio (2011 - 2026)
NGL Energy Partners (NGL) reported Equity Ratio of 0.07 for Q1 2026, down 324.47% on a YoY basis from 0.03 in Q1 2025, and down 360.49% quarter-over-quarter from 0.03 in Q4 2025.
NGL Energy Partners (NGL) Equity Ratio (2011 - 2026) Analysis & Trends
NGL Energy Partners has reported Equity Ratio for 16 years, with the latest figure at 0.07 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio fell 324.47% year-over-year to 0.07; the trailing twelve-month figure through Mar 2026 stood at 0.07 (down 324.47% YoY), and the FY2026 full-year result was 0.07, down 324.47% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.07, down from 0.03 in the prior quarter.
- The five-year high for Equity Ratio was 0.16 in Q4 2023, with the low at 0.07 in Q1 2026.
- Historically, Equity Ratio has averaged 0.08 across 5 years, with a median of 0.09 in 2024.
- Annual changes were most pronounced in 2023 — Equity Ratio gained 25.55% — and 2026, when it plunged 324.47%.
- NGL Energy Partners' Equity Ratio stood at 0.14 in 2022, then climbed by 18.62% to 0.16 in 2023, then tumbled by 79.11% to 0.03 in 2024, then slipped by 18.69% to 0.03 in 2025, then plunged by 360.49% to 0.07 in 2026.
- The last three Equity Ratio figures came in at 0.07 (Q1 2026), 0.03 (Q4 2025), and 0.03 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 0.28 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.38 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.43 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.23 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.33 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 0.12 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.33 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 0.23 |
| 10 | NGL Energy Partners | 2.00 Bn | 1.99 Bn | 217.25 Mn | -0.07 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.07 |
| Dec 31, 2025 | 0.03 |
| Sep 30, 2025 | 0.03 |
| Jun 30, 2025 | 0.03 |
| Mar 31, 2025 | 0.03 |
| Dec 31, 2024 | 0.03 |
| Sep 30, 2024 | 0.04 |
| Jun 30, 2024 | 0.04 |
| Mar 31, 2024 | 0.09 |
| Dec 31, 2023 | 0.16 |
| Sep 30, 2023 | 0.14 |
| Jun 30, 2023 | 0.15 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.14 |
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | 0.12 |
| Mar 31, 2022 | 0.12 |
| Dec 31, 2021 | 0.12 |
| Sep 30, 2021 | 0.13 |
| Jun 30, 2021 | 0.13 |