NGL Energy Partners (NGL) Operating Leases (2019 - 2026)
NGL Energy Partners (NGL) posted Operating Leases of $115.6 million for Q1 2026, up 30.49% on a QoQ basis from $88.6 million in Q4 2025, and up 35.64% year-over-year from $85.2 million in Q1 2025.
NGL Energy Partners (NGL) Operating Leases (2019 - 2026) Analysis & Trends
NGL Energy Partners' Operating Leases history runs 8 years deep, the most recent figure standing at $115.6 million for Q1 2026.
- Quarterly Operating Leases rose 35.64% year-over-year to $115.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $115.6 million (up 35.64% YoY) and the FY2026 annual result came in at $115.6 million, up 35.64% from the prior year.
- Operating Leases was $115.6 million for Q1 2026 at NGL Energy Partners, up from $88.6 million in the prior quarter.
- Across five years, Operating Leases topped out at $117.6 million in Q2 2025 and bottomed at $58.4 million in Q1 2023.
- A 5-year average of $84.7 million and a median of $85.2 million in 2025 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2023 — Operating Leases tumbled 39.61% — and 2024, when it soared 46.62%.
- NGL Energy Partners' Operating Leases stood at $86.4 million in 2022, then climbed by 19.99% to $103.7 million in 2023, then fell by 16.05% to $87.0 million in 2024, then gained by 1.81% to $88.6 million in 2025, then surged by 30.49% to $115.6 million in 2026.
- Business Quant data shows NGL's Operating Leases at $115.6 million in Q1 2026, $88.6 million in Q4 2025, and $84.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | NGL Energy Partners | 2.13 Bn | 2.12 Bn | 217.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 115.62 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 | 87.03 Mn |
| Sep 30, 2024 | 74.12 Mn |
| Jun 30, 2024 | 95.30 Mn |
| Mar 31, 2024 | 70.57 Mn |
| Dec 31, 2023 | 103.67 Mn |
| Sep 30, 2023 | 63.98 Mn |
| Jun 30, 2023 | 65.00 Mn |
| Mar 31, 2023 | 58.45 Mn |
| Dec 31, 2022 | 86.40 Mn |
| Sep 30, 2022 | 62.09 Mn |
| Jun 30, 2022 | 107.63 Mn |
| Mar 31, 2022 | 72.80 Mn |
| Dec 31, 2021 | 122.45 Mn |
| Sep 30, 2021 | 87.39 Mn |
| Jun 30, 2021 | 96.91 Mn |