NGL Energy Partners (NGL) Net Margin (2010 - 2026)

NGL Energy Partners (NGL) reported Net Margin of 49.0% for Q1 2026, down 4734.0% on a YoY basis from 1.06% in Q1 2025, and down 3824.0% quarter-over-quarter from 1.32% in Q4 2025.

NGL Energy Partners (NGL) Net Margin (2010 - 2026) Analysis & Trends

NGL Energy Partners has reported Net Margin for 17 years, with the latest figure at 49.0% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 4734.0% year-over-year to 49.0%; the trailing twelve-month figure through Mar 2026 stood at 14.1% (down 1194.0% YoY), and the FY2026 full-year result was 14.09%, down 1182.0% from the prior year.
  • Net Margin for Q1 2026 stood at 49.0%, down from 1.32% in the prior quarter.
  • The five-year high for Net Margin was 11.49% in Q1 2023, with the low at 49.0% in Q1 2026.
  • Historically, Net Margin has averaged 4.43% across 5 years, with a median of 1.34% in 2022.
  • Annual changes were most pronounced in 2025 — Net Margin jumped 2594 bps — and 2026, when it sank 4734 bps.
  • NGL Energy Partners' Net Margin stood at 1.22% in 2022, then dropped by 29 bps to 0.86% in 2023, then sank by 283 bps to 1.57% in 2024, then surged by 184 bps to 1.32% in 2025, then tumbled by 3824 bps to 49.0% in 2026.
  • The last three Net Margin figures came in at 49.0% (Q1 2026), 1.32% (Q4 2025), and 0.46% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 7.47%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 10.39%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 20.73%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 4.30%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 30.35%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 11.71%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 8.07%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 23.51%
10 NGL Energy Partners 2.00 Bn 1.99 Bn 217.25 Mn -49.00%

Historic Data

Download Data
DateValue
Mar 31, 2026 -49.00%
Dec 31, 2025 1.32%
Sep 30, 2025 0.46%
Jun 30, 2025 0.85%
Mar 31, 2025 -1.66%
Dec 31, 2024 -1.57%
Sep 30, 2024 -3.20%
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%
Jun 30, 2021 -10.70%