NGL Energy Partners (NGL) FCF Margin (2010 - 2026)
NGL Energy Partners (NGL) reported FCF Margin of -3.20% for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 4.98 percentage points from 1.78% a year earlier and down 11.46 percentage points from the prior quarter.
NGL Energy Partners (NGL) FCF Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, NGL Energy Partners' FCF Margin came in at 2.89%, down 2.20 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).
- The fiscal Q1 2027 figure ranks as the lowest quarterly FCF Margin since fiscal Q2 2025.
- Year over year, FCF Margin has now declined in each of the last three quarters, with an average year-over-year change of -0.13 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 Q1 2027 came in at 8.25% (Q4 2026), 5.02% (Q3 2026) and 1.41% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 3.87% |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 11.07% |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 7.88% |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 21.84% |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | 92.82% |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 9.71% |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 26.48% |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 6.94% |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 11.95% |
| 10 | NGL Energy Partners | 1.85 Bn | 1.82 Bn | 305.58 Mn | -3.20% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -3.49% |
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();