NGL Energy Partners (NGL) Net Margin (2010 - 2026)
NGL Energy Partners' (NGL) quarterly Net Margin came in at 6.05% in Q2 2026, up 1152.0% on a YoY basis from 0.48% in Q2 2025, and up 112.34% quarter-over-quarter from 49.0% in Q1 2026.
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NGL Energy Partners (NGL) Net Margin (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has reported Net Margin for 17 consecutive years, with 6.05% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 1152.0% year-over-year to 6.05%; the trailing twelve-month figure through Jun 2026 stood at 11.08% (down 826.0% YoY), and the FY2026 full-year result was 14.09%, down 1182.0% from the prior year.
- Net Margin rose to 6.05% in Q2 2026 per NGL's latest filing, from 49.0% in the prior quarter.
- Across five years, Net Margin topped out at 11.49% in Q1 2023 and bottomed at 49.0% in Q1 2026.
- Historically, Net Margin has averaged 4.23% across 5 years, with a median of 1.45% in 2024.
- The sharpest annual moves came in 2025 and 2026: Net Margin surged 2594 bps in 2025, then slumped 4734 bps in 2026.
- Over 5 years, Net Margin stood at 1.22% in 2022, then fell by 29 bps to 0.86% in 2023, then tumbled by 283 bps to 1.57% in 2024, then jumped by 184 bps to 1.32% in 2025, then jumped by 360 bps to 6.05% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 6.05%, 49.0%, and 1.32% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 19.97% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 10.16% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 5.90% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 24.94% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 17.22% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 32.82% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 8.03% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 4.76% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 23.70% |
| 10 | NGL Energy Partners | 2.22 Bn | 2.21 Bn | 305.58 Mn | 6.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.05% |
| Mar 31, 2026 | -49.00% |
| Dec 31, 2025 | 1.32% |
| Sep 30, 2025 | 0.47% |
| Jun 30, 2025 | -5.47% |
| Mar 31, 2025 | -1.66% |
| Dec 31, 2024 | -1.57% |
| Sep 30, 2024 | -3.74% |
| Jun 30, 2024 | -2.52% |
| Mar 31, 2024 | -27.60% |
| Dec 31, 2023 | 0.86% |
| Sep 30, 2023 | -0.67% |
| Jun 30, 2023 | -1.59% |
| Mar 31, 2023 | 11.49% |
| Dec 31, 2022 | 1.22% |
| Sep 30, 2022 | -1.34% |
| Jun 30, 2022 | -0.19% |
| Mar 31, 2022 | -2.22% |
| Dec 31, 2021 | -2.08% |
| Sep 30, 2021 | -1.55% |