NGL Energy Partners (NGL) FCF Margin (2010 - 2026)
NGL Energy Partners (NGL) posted FCF Margin of 12.87% for Q1 2026, down 46.08% on a QoQ basis from 23.88% in Q4 2025, and up 2167.0% year-over-year from 0.57% in Q1 2025.
NGL Energy Partners (NGL) FCF Margin (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has reported FCF Margin for 17 consecutive years, with 12.87% the latest figure, recorded in Q1 2026.
- FCF Margin for Q1 2026 came in at 12.87%, up 2167.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.92% (up 1016.0% YoY), and the FY2026 annual result was 10.92%, up 943.0% from the prior year.
- FCF Margin was 12.87% for Q1 2026 at NGL Energy Partners, down from 23.88% in the prior quarter.
- Over five years, FCF Margin peaked at 23.88% in Q4 2025 and troughed at 24.63% in Q1 2023.
- A 5-year average of 2.82% and a median of 1.95% in 2025 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2023 — FCF Margin sank 3032 bps — and 2024, when it soared 2422 bps.
- Year by year, FCF Margin stood at 15.2% in 2022, then decreased by 10 bps to 13.65% in 2023, then advanced by 13 bps to 15.48% in 2024, then jumped by 54 bps to 23.88% in 2025, then tumbled by 46 bps to 12.87% in 2026.
- Per Business Quant, the three latest NGL FCF Margin figures stand at 12.87% (Q1 2026), 23.88% (Q4 2025), and 1.05% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | -0.43% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 28.13% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 3.38% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 5.26% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | -3.91% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 25.41% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 0.73% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 24.42% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | -52.58% |
| 10 | NGL Energy Partners | 2.02 Bn | 2.02 Bn | 217.25 Mn | 12.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.87% |
| Dec 31, 2025 | 23.88% |
| Sep 30, 2025 | -1.05% |
| Jun 30, 2025 | 1.95% |
| Mar 31, 2025 | -8.80% |
| Dec 31, 2024 | 15.48% |
| Sep 30, 2024 | -2.71% |
| Jun 30, 2024 | -2.60% |
| Mar 31, 2024 | -0.41% |
| Dec 31, 2023 | 13.65% |
| Sep 30, 2023 | 3.11% |
| Jun 30, 2023 | 2.12% |
| Mar 31, 2023 | -24.63% |
| Dec 31, 2022 | 15.20% |
| Sep 30, 2022 | -4.34% |
| Jun 30, 2022 | -1.54% |
| Mar 31, 2022 | 5.69% |
| Dec 31, 2021 | 0.23% |
| Sep 30, 2021 | -4.19% |
| Jun 30, 2021 | -0.81% |