NGL Energy Partners (NGL) Interest Coverage Ratio (2010 - 2026)
NGL Energy Partners' (NGL) quarterly Interest Coverage Ratio came in at 2.85 in Q1 2026, down 259.3% YoY from 1.79 in Q1 2025, and down 604.0% on a QoQ basis from 0.56 in Q4 2025.
NGL Energy Partners (NGL) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has 17 years of Interest Coverage Ratio data on file, last reported at 2.85 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 259.3% year-over-year to 2.85 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.34 (down 62.12% YoY) and the FY2026 annual result came in at 0.37, down 66.6% from the prior year.
- Interest Coverage Ratio fell to 2.85 in Q1 2026, from 0.56 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 1.79 in Q1 2025 to a low of 2.85 in Q1 2026.
- A 5-year average of 0.52 and a median of 0.58 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2025 — Interest Coverage Ratio jumped 345.49% — and 2026, when it tumbled 259.3%.
- Tracing NGL's Interest Coverage Ratio over 5 years: stood at 1.35 in 2022, then tumbled by 57.08% to 0.58 in 2023, then tumbled by 30.53% to 0.4 in 2024, then surged by 40.12% to 0.56 in 2025, then slumped by 604.0% to 2.85 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.85 (Q1 2026), 0.56 (Q4 2025), and 0.72 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 5.26 |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 2.09 |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | 2.31 |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 3.83 |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | 0.31 |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 3.67 |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | 4.28 |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 1.29 |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 1.41 |
| 10 | NGL Energy Partners | 2.35 Bn | 2.35 Bn | 305.58 Mn | 0.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| Mar 31, 2026 | -2.85 |
| Dec 31, 2025 | 0.56 |
| Sep 30, 2025 | 0.72 |
| Jun 30, 2025 | 1.49 |
| Mar 31, 2025 | 1.79 |
| Dec 31, 2024 | 0.40 |
| Sep 30, 2024 | 0.55 |
| Jun 30, 2024 | 0.84 |
| Mar 31, 2024 | -0.73 |
| Dec 31, 2023 | 0.58 |
| Sep 30, 2023 | 0.93 |
| Jun 30, 2023 | 1.21 |
| Mar 31, 2023 | -0.23 |
| Dec 31, 2022 | 1.35 |
| Sep 30, 2022 | 0.51 |
| Jun 30, 2022 | 1.30 |
| Mar 31, 2022 | 0.41 |
| Dec 31, 2021 | 0.72 |
| Sep 30, 2021 | 0.48 |