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
DateValue
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%