NGL Energy Partners (NGL) Intangibles (2010 - 2026)
NGL Energy Partners' Intangibles came in at $773.4 million for fiscal Q2 2027 (quarter ended Sep 30, 2026), down 6.2% from $824.52 million a year earlier and down 2.6% from the prior quarter.
NGL Energy Partners (NGL) Intangibles (2010 - 2026) Analysis & Trends
At the end of FY2026 (ended Mar 31, 2026), NGL Energy Partners' Intangibles was $805.11 million, down 5.4% from FY2025.
- Intangibles has declined in each of the last six fiscal years, with a five-year compound annual growth rate of -8.6% (FY2021 to FY2026).
- Going back by fiscal year, Intangibles was $851.35 million in FY2025 (-8.7%), $932.71 million in FY2024 (-11.9%), $1.06 billion in FY2023 (-6.8%) and $1.14 billion in FY2022 (-10.1%).
- The fiscal Q2 2027 figure represents the lowest quarterly Intangibles since fiscal Q1 2015.
- Year-over-year, Intangibles has declined for 24 consecutive quarters, with an average decline of 8.0% over the last eight quarters.
- Across the past five years, year-over-year decline in Intangibles ran from 5.3% in fiscal Q1 2027 to 12.9% in fiscal Q3 2022.
- Business Quant data shows NGL's Intangibles at $794.18 million (Q1 2027), $805.11 million (Q4 2026) and $820 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 2.76 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | - |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 3.99 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 1.82 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 7.06 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 2.00 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | - |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 1.28 Bn |
| 10 | NGL Energy Partners | 75.44 Mn | 48.44 Mn | 258.58 Mn | 773.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 773.40 Mn |
| Jun 30, 2026 | 794.18 Mn |
| Mar 31, 2026 | 805.11 Mn |
| Dec 31, 2025 | 820.00 Mn |
| Sep 30, 2025 | 824.52 Mn |
| Jun 30, 2025 | 838.50 Mn |
| Mar 31, 2025 | 851.35 Mn |
| Dec 31, 2024 | 905.04 Mn |
| Sep 30, 2024 | 915.87 Mn |
| Jun 30, 2024 | 928.69 Mn |
| Mar 31, 2024 | 932.71 Mn |
| Dec 31, 2023 | 999.64 Mn |
| Sep 30, 2023 | 1.02 Bn |
| Jun 30, 2023 | 1.04 Bn |
| Mar 31, 2023 | 1.06 Bn |
| Dec 31, 2022 | 1.08 Bn |
| Sep 30, 2022 | 1.10 Bn |
| Jun 30, 2022 | 1.12 Bn |
| Mar 31, 2022 | 1.14 Bn |
| Dec 31, 2021 | 1.15 Bn |
NGL Energy Partners Intangibles 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=intangibles&ticker=NGL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();