NGL Energy Partners (NGL) Operating Leases (2019 - 2026)
NGL Energy Partners (NGL) reported Operating Leases of $82.2 million for Q1 2026, down 3.61% on a YoY basis from $85.2 million in Q1 2025, and down 7.27% quarter-over-quarter from $88.6 million in Q4 2025.
NGL Energy Partners (NGL) Operating Leases (2019 - 2026) Analysis & Trends
NGL Energy Partners has reported Operating Leases for 8 years, with the latest figure at $82.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases fell 3.61% year-over-year to $82.2 million; the trailing twelve-month figure through Mar 2026 stood at $82.2 million (down 3.61% YoY), and the FY2026 full-year result was $82.2 million, down 3.61% from the prior year.
- Operating Leases for Q1 2026 stood at $82.2 million, down from $88.6 million in the prior quarter.
- The five-year high for Operating Leases was $117.6 million in Q2 2025, with the low at $53.5 million in Q4 2022.
- Historically, Operating Leases has averaged $82.3 million across 5 years, with a median of $82.2 million in 2026.
- Annual changes were most pronounced in 2022 — Operating Leases slumped 56.29% — and 2024, when it soared 64.09%.
- NGL Energy Partners' Operating Leases stood at $53.5 million in 2022, then jumped by 32.35% to $70.8 million in 2023, then soared by 64.09% to $116.2 million in 2024, then declined by 23.76% to $88.6 million in 2025, then declined by 7.27% to $82.2 million in 2026.
- The last three Operating Leases figures came in at $82.2 million (Q1 2026), $88.6 million (Q4 2025), and $84.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | NGL Energy Partners | 2.00 Bn | 1.99 Bn | 217.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 82.16 Mn |
| Dec 31, 2025 | 88.60 Mn |
| Sep 30, 2025 | 84.94 Mn |
| Jun 30, 2025 | 117.64 Mn |
| Mar 31, 2025 | 85.24 Mn |
| Dec 31, 2024 | 116.22 Mn |
| Sep 30, 2024 | 74.12 Mn |
| Jun 30, 2024 | 95.30 Mn |
| Mar 31, 2024 | 70.57 Mn |
| Dec 31, 2023 | 70.83 Mn |
| Sep 30, 2023 | 97.35 Mn |
| Jun 30, 2023 | 65.00 Mn |
| Mar 31, 2023 | 58.45 Mn |
| Dec 31, 2022 | 53.52 Mn |
| Sep 30, 2022 | 97.35 Mn |
| Jun 30, 2022 | 68.96 Mn |
| Mar 31, 2022 | 72.78 Mn |
| Dec 31, 2021 | 122.45 Mn |
| Sep 30, 2021 | 87.39 Mn |
| Jun 30, 2021 | 142.77 Mn |