NGL Energy Partners (NGL) Net Margin (2010 - 2026)
NGL Energy Partners' Net Margin came in at 6.18% for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 5.33 percentage points from 0.85% a year earlier and up 51.05 percentage points from the prior quarter.
NGL Energy Partners (NGL) Net Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, NGL Energy Partners reported Net Margin of -9.92%, down 8.29 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at -12.85%, down 10.58 percentage points from FY2025.
- Net Margin carries a five-year change of +1.16 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Net Margin was -2.27% in FY2025 (+4.54 pp), -6.82% in FY2024 (-5.53 pp), -1.29% in FY2023 (+2.34 pp) and -3.63% in FY2022 (+10.38 pp).
- The fiscal Q1 2027 figure represents the highest quarterly Net Margin since fiscal Q2 2019.
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of -1.05 percentage points.
- The fastest year-over-year change in Net Margin over five years came in fiscal Q3 2022 (a gain of 25.54 percentage points), and the weakest in fiscal Q4 2026 (a drop of 43.21 percentage points).
- Business Quant data shows NGL's Net Margin at -44.86% (Q4 2026), 1.32% (Q3 2026) and 0.47% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 4.76% |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 10.07% |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 5.90% |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 19.37% |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | 24.94% |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 17.22% |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 32.82% |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 53.52% |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 8.02% |
| 10 | NGL Energy Partners | 1.85 Bn | 1.82 Bn | 305.58 Mn | 6.18% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.18% |
| Mar 31, 2026 | -44.86% |
| Dec 31, 2025 | 1.32% |
| Sep 30, 2025 | 0.47% |
| Jun 30, 2025 | 0.85% |
| Mar 31, 2025 | -1.66% |
| Dec 31, 2024 | -1.57% |
| Sep 30, 2024 | -3.74% |
| Jun 30, 2024 | -2.52% |
| Mar 31, 2024 | -26.19% |
| Dec 31, 2023 | 0.86% |
| Sep 30, 2023 | -0.67% |
| Jun 30, 2023 | -1.59% |
| 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% |
NGL Energy Partners Net Margin 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=net-margin&ticker=NGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();