NGL Energy Partners (NGL) FCF Margin (2010 - 2026)
NGL Energy Partners (NGL) reported FCF Margin of 12.87% for Q1 2026, up 2167.0% on a YoY basis from 0.57% in Q1 2025, and down 46.08% quarter-over-quarter from 23.88% in Q4 2025.
NGL Energy Partners (NGL) FCF Margin (2010 - 2026) Analysis & Trends
NGL Energy Partners has reported FCF Margin for 17 years, with the latest figure at 12.87% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 2167.0% year-over-year to 12.87%; the trailing twelve-month figure through Mar 2026 stood at 10.92% (up 1016.0% YoY), and the FY2026 full-year result was 10.92%, up 943.0% from the prior year.
- FCF Margin for Q1 2026 stood at 12.87%, down from 23.88% in the prior quarter.
- The five-year high for FCF Margin was 23.88% in Q4 2025, with the low at 24.63% in Q1 2023.
- Historically, FCF Margin has averaged 2.82% across 5 years, with a median of 1.95% in 2025.
- Annual changes were most pronounced in 2023 — FCF Margin slumped 3032 bps — and 2024, when it surged 2422 bps.
- NGL Energy Partners' FCF Margin stood at 15.2% in 2022, then fell by 10 bps to 13.65% in 2023, then rose by 13 bps to 15.48% in 2024, then surged by 54 bps to 23.88% in 2025, then tumbled by 46 bps to 12.87% in 2026.
- The last three FCF Margin figures came in at 12.87% (Q1 2026), 23.88% (Q4 2025), and 1.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | -0.43% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 3.38% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 28.13% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 5.26% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 25.41% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | -3.91% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.73% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 13.15% |
| 10 | NGL Energy Partners | 2.00 Bn | 1.99 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% |