NGL Energy Partners (NGL) Net Margin (2010 - 2026)
NGL Energy Partners (NGL) posted Net Margin of 44.86% for Q1 2026, down 3510.87% on a QoQ basis from 1.32% in Q4 2025, and down 4321.0% year-over-year from 1.06% in Q1 2025.
NGL Energy Partners (NGL) Net Margin (2010 - 2026) Analysis & Trends
NGL Energy Partners' Net Margin history runs 17 years deep, the most recent figure standing at 44.86% for Q1 2026.
- Quarterly Net Margin fell 4321.0% year-over-year to 44.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 14.1% (down 1220.0% YoY) and the FY2026 annual result came in at 12.85%, down 1058.0% from the prior year.
- Net Margin was 44.86% for Q1 2026 at NGL Energy Partners, down from 1.32% in the prior quarter.
- Across five years, Net Margin topped out at 11.49% in Q1 2023 and bottomed at 44.86% in Q1 2026.
- A 5-year average of 4.51% and a median of 1.34% in 2022 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2025 — Net Margin jumped 2594 bps — and 2026, when it plunged 4321 bps.
- NGL Energy Partners' Net Margin stood at 1.22% in 2022, then fell by 29 bps to 0.86% in 2023, then plunged by 174 bps to 0.64% in 2024, then soared by 307 bps to 1.32% in 2025, then plunged by 3511 bps to 44.86% in 2026.
- Business Quant data shows NGL's Net Margin at 44.86% in Q1 2026, 1.32% in Q4 2025, and 0.46% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 88.32% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 21.07% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 19.97% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 7.47% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 10.40% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.05% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.30% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 11.71% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 8.07% |
| 10 | NGL Energy Partners | 2.13 Bn | 2.12 Bn | 217.25 Mn | -44.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -44.86% |
| Dec 31, 2025 | 1.32% |
| Sep 30, 2025 | 0.46% |
| Jun 30, 2025 | -5.47% |
| Mar 31, 2025 | -1.66% |
| Dec 31, 2024 | -0.64% |
| 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% |