NGL Energy Partners (NGL) Invested Capital (2010 - 2026)
NGL Energy Partners (NGL) posted Invested Capital of $3.05 billion for fiscal Q2 2027 (quarter ended Sep 30, 2026), up 0.4% from $3.04 billion a year earlier and up 0.3% from the prior quarter.
NGL Energy Partners (NGL) Invested Capital (2010 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), NGL Energy Partners' Invested Capital came in at $2.94 billion, down 5.7% from FY2025.
- Annual Invested Capital has declined for six consecutive fiscal years, with a five-year compound annual growth rate of -7.2% (FY2021 to FY2026).
- In prior fiscal years, NGL Energy Partners' Invested Capital was $3.12 billion in FY2025 (-5.5%), $3.3 billion in FY2024 (-9.0%), $3.63 billion in FY2023 (-10.9%) and $4.07 billion in FY2022 (-4.7%).
- Quarterly Invested Capital has run from a low of $2.94 billion in fiscal Q4 2026 to a high of $4.19 billion in fiscal Q2 2023 over five years.
- On a year-over-year basis, Invested Capital increased in two of the last eight quarters, with an average decline of 5.0%.
- The strongest year-over-year quarter for Invested Capital in the past five years was fiscal Q1 2027, with growth of 0.6%; the weakest was fiscal Q2 2024, with a decline of 14.2%.
- According to Business Quant data, Invested Capital for the three prior fiscal quarters was $3.04 billion (Q1 2027), $2.94 billion (Q4 2026) and $3.05 billion (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 130.05 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 22.36 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 64.63 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 65.90 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 61.79 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 118.50 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 23.81 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 35.90 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 41.30 Bn |
| 10 | NGL Energy Partners | 75.44 Mn | 48.44 Mn | 258.58 Mn | 3.05 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.05 Bn |
| Jun 30, 2026 | 3.04 Bn |
| Mar 31, 2026 | 2.94 Bn |
| Dec 31, 2025 | 3.05 Bn |
| Sep 30, 2025 | 3.04 Bn |
| Jun 30, 2025 | 3.02 Bn |
| Mar 31, 2025 | 3.12 Bn |
| Dec 31, 2024 | 3.25 Bn |
| Sep 30, 2024 | 3.31 Bn |
| Jun 30, 2024 | 3.24 Bn |
| Mar 31, 2024 | 3.30 Bn |
| Dec 31, 2023 | 3.54 Bn |
| Sep 30, 2023 | 3.60 Bn |
| Jun 30, 2023 | 3.59 Bn |
| Mar 31, 2023 | 3.63 Bn |
| Dec 31, 2022 | 4.03 Bn |
| Sep 30, 2022 | 4.19 Bn |
| Jun 30, 2022 | 4.12 Bn |
| Mar 31, 2022 | 4.07 Bn |
| Dec 31, 2021 | 4.16 Bn |
NGL Energy Partners Invested Capital 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=invested-capital&ticker=NGL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();