KPIs & Operating Metrics(New)
Growth Metrics

NGL Energy Partners (NGL) Gross Margin (2016 - 2025)

NGL Energy Partners filings provide 16 years of Gross Margin readings, the most recent being 28.99% for Q4 2025.

  • On a quarterly basis, Gross Margin rose 385.0% to 28.99% in Q4 2025 year-over-year; TTM through Dec 2025 was 32.05%, a 583.0% increase, with the full-year FY2025 number at 27.73%, up 443.0% from a year prior.
  • Gross Margin hit 28.99% in Q4 2025 for NGL Energy Partners, down from 37.6% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 38.47% in Q2 2025 to a low of 23.06% in Q1 2023.
  • Median Gross Margin over the past 5 years was 21.89% (2023), compared with a mean of 18.73%.
  • Biggest five-year swings in Gross Margin: surged 15628bps in 2021 and later crashed -3075bps in 2023.
  • NGL Energy Partners' Gross Margin stood at 10.2% in 2021, then grew by 28bps to 13.04% in 2022, then soared by 68bps to 21.93% in 2023, then rose by 15bps to 25.14% in 2024, then increased by 15bps to 28.99% in 2025.
  • The last three reported values for Gross Margin were 28.99% (Q4 2025), 37.6% (Q3 2025), and 38.47% (Q2 2025) per Business Quant data.