NGL Energy Partners (NGL) FCF Margin (2010 - 2026)

NGL Energy Partners (NGL) posted FCF Margin of 30.93% for Q1 2026, up 515.24% on a QoQ basis from 5.03% in Q4 2025, and up 4186.0% year-over-year from 0.72% in Q1 2025.

NGL Energy Partners (NGL) FCF Margin (2010 - 2026) Analysis & Trends

NGL Energy Partners' FCF Margin history runs 17 years deep, the most recent figure standing at 30.93% for 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 was 30.93% for Q1 2026 at NGL Energy Partners, up from 5.03% in the prior quarter.
  • Across five years, FCF Margin topped out at 30.93% in Q1 2026 and bottomed at 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 sank 2563 bps — and 2026, when it surged 4186 bps.
  • NGL Energy Partners' FCF Margin stood at 11.42% in 2022, then grew by 20 bps to 13.65% in 2023, then dropped by 1 bps to 13.45% in 2024, then sank by 63 bps to 5.03% in 2025, then jumped by 515 bps to 30.93% in 2026.
  • Business Quant data shows NGL's FCF Margin at 30.93% in Q1 2026, 5.03% in Q4 2025, and 1.48% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 53.09%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 15.79%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 21.84%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn -0.43%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 3.38%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 97.53%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 5.26%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn -3.91%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 0.73%
10 NGL Energy Partners 2.13 Bn 2.12 Bn 217.25 Mn 30.93%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 -3.49%