NGL Energy Partners (NGL) FCF Margin (2010 - 2026)
NGL Energy Partners (NGL) reported FCF Margin of -2.37% for fiscal Q2 2027 (quarter ended Sep 30, 2026), down 3.78 percentage points from 1.41% a year earlier but up 0.84 percentage points from the prior quarter.
NGL Energy Partners (NGL) FCF Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, NGL Energy Partners' FCF Margin came in at 1.80%, down 7.85 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 4.58%, up 3.10 percentage points from FY2025.
- FCF Margin has a five-year change of +2.31 percentage points (FY2021 to FY2026).
- By fiscal year, FCF Margin came in at 1.49% in FY2025 (-3.90 pp), 5.39% in FY2024 (+0.15 pp), 5.24% in FY2023 (+4.44 pp) and 0.80% in FY2022 (-1.48 pp).
- Five-year quarterly FCF Margin spans a low of -17.81% in fiscal Q2 2025 and a high of 17.91% in fiscal Q3 2025.
- Year over year, FCF Margin has now declined in each of the last four quarters, with an average year-over-year change of +2.01 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was fiscal Q2 2026 (a gain of 19.22 percentage points); the low point was fiscal Q2 2025 (a drop of 20.92 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at -3.20% (Q1 2027), 8.25% (Q4 2026) and 5.02% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | -3.51% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | -30.53% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 6.28% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 12.03% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 5.76% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 2.15% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 28.09% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 18.92% |
| 10 | NGL Energy Partners | 75.44 Mn | 48.44 Mn | 258.58 Mn | -2.37% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -2.37% |
| Jun 30, 2026 | -3.20% |
| Mar 31, 2026 | 8.25% |
| Dec 31, 2025 | 5.02% |
| Sep 30, 2025 | 1.41% |
| Jun 30, 2025 | 1.78% |
| Mar 31, 2025 | 12.07% |
| Dec 31, 2024 | 17.91% |
| Sep 30, 2024 | -17.81% |
| Jun 30, 2024 | -6.59% |
| Mar 31, 2024 | 11.53% |
| Dec 31, 2023 | 4.47% |
| Sep 30, 2023 | 3.11% |
| Jun 30, 2023 | 2.12% |
| Dec 31, 2022 | 9.82% |
| Sep 30, 2022 | -4.34% |
| Jun 30, 2022 | -1.54% |
| Mar 31, 2022 | 5.69% |
| Dec 31, 2021 | 0.23% |
| Sep 30, 2021 | -1.92% |
NGL Energy Partners FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=NGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "NGL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();