NGL Energy Partners (NGL) FCF Margin (2010 - 2026)
NGL Energy Partners' (NGL) quarterly FCF Margin came in at 30.93% in Q1 2026, up 4186.0% YoY from 0.72% in Q1 2025, and up 515.24% on a QoQ basis from 5.03% in Q4 2025.
NGL Energy Partners (NGL) FCF Margin (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has 17 years of FCF Margin data on file, last reported at 30.93% in Q1 2026.
- Quarterly FCF Margin rose 4186.0% year-over-year to 30.93% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.92% (up 1480.0% YoY) and the FY2026 annual result came in at 10.92%, up 1060.0% from the prior year.
- FCF Margin rose to 30.93% in Q1 2026, from 5.03% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 30.93% in Q1 2026 to a low of 14.65% in Q3 2024.
- A 5-year average of 3.93% and a median of 2.12% in 2023 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2025 — FCF Margin slumped 2563 bps — and 2026, when it surged 4186 bps.
- Tracing NGL's FCF Margin over 5 years: stood at 11.42% in 2022, then advanced by 20 bps to 13.65% in 2023, then decreased by 1 bps to 13.45% in 2024, then tumbled by 63 bps to 5.03% in 2025, then surged by 515 bps to 30.93% in 2026.
- The last three FCF Margin figures came in at 30.93% (Q1 2026), 5.03% (Q4 2025), and 1.48% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 21.84% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 3.87% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 11.07% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 7.88% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 146.27% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 26.48% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 11.95% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 9.71% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 6.94% |
| 10 | NGL Energy Partners | 2.35 Bn | 2.35 Bn | 305.58 Mn | -3.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -3.20% |
| Mar 31, 2026 | 30.93% |
| Dec 31, 2025 | 5.03% |
| Sep 30, 2025 | 1.48% |
| Jun 30, 2025 | -0.78% |
| Mar 31, 2025 | -10.93% |
| Dec 31, 2024 | 13.45% |
| Sep 30, 2024 | -14.65% |
| Jun 30, 2024 | -6.59% |
| Mar 31, 2024 | 14.70% |
| Dec 31, 2023 | 13.65% |
| Sep 30, 2023 | 3.11% |
| Jun 30, 2023 | 2.12% |
| Mar 31, 2023 | -0.87% |
| Dec 31, 2022 | 11.42% |
| Sep 30, 2022 | -1.34% |
| Jun 30, 2022 | -0.71% |
| Mar 31, 2022 | 6.88% |
| Dec 31, 2021 | 4.72% |
| Sep 30, 2021 | -1.92% |