NGL Energy Partners (NGL) Interest Coverage Ratio (2010 - 2026)
NGL Energy Partners (NGL) posted Interest Coverage Ratio of 3.26 for Q1 2026, down 676.83% on a QoQ basis from 0.56 in Q4 2025, and down 282.31% year-over-year from 1.79 in Q1 2025.
NGL Energy Partners (NGL) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
NGL Energy Partners' Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 3.26 for Q1 2026.
- Quarterly Interest Coverage Ratio fell 282.31% year-over-year to 3.26 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.31 (down 68.45% YoY) and the FY2026 annual result came in at 0.37, down 66.6% from the prior year.
- Interest Coverage Ratio was 3.26 for Q1 2026 at NGL Energy Partners, down from 0.56 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 1.79 in Q1 2025 and bottomed at 3.26 in Q1 2026.
- A 5-year average of 0.49 and a median of 0.58 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio slumped 350.29% — and 2025, when it jumped 272.37%.
- NGL Energy Partners' Interest Coverage Ratio stood at 1.35 in 2022, then sank by 57.08% to 0.58 in 2023, then sank by 30.53% to 0.4 in 2024, then jumped by 40.12% to 0.56 in 2025, then plunged by 676.83% to 3.26 in 2026.
- Business Quant data shows NGL's Interest Coverage Ratio at 3.26 in Q1 2026, 0.56 in Q4 2025, and 0.72 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 29.67 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -4.16 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 5.26 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.88 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.70 |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 3.15 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 2.21 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 3.25 |
| 10 | NGL Energy Partners | 2.13 Bn | 2.12 Bn | 217.25 Mn | -3.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.26 |
| 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 | -1.04 |
| 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 | 0.57 |
| Dec 31, 2021 | 0.72 |
| Sep 30, 2021 | 0.48 |
| Jun 30, 2021 | -1.03 |