NGL Energy Partners (NGL) Operating Margin (2010 - 2026)

NGL Energy Partners (NGL) has reported Operating Margin for 17 consecutive years, with 14.68% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Margin fell 98.0% year-over-year to 14.68%; the trailing twelve-month figure through Jun 2026 stood at 4.05% (down 630.0% YoY), and the FY2026 full-year result was 3.0%, down 649.0% from the prior year.
• Operating Margin rose to 14.68% in Q2 2026 per NGL's latest filing, from 21.76% in the prior quarter.
• Across five years, Operating Margin topped out at 15.66% in Q2 2025 and bottomed at 21.76% in Q1 2026.
• Historically, Operating Margin has averaged 5.75% across 5 years, with a median of 8.44% in 2023.
• The sharpest annual moves came in 2025 and 2026: Operating Margin jumped 1778 bps in 2025, then slumped 3011 bps in 2026.
• Over 5 years, Operating Margin stood at 4.8% in 2022, then soared by 77 bps to 8.52% in 2023, then climbed by 1 bps to 8.62% in 2024, then soared by 40 bps to 12.05% in 2025, then increased by 22 bps to 14.68% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 14.68%, 21.76%, and 12.05% for Q2 2026, Q1 2026, and Q4 2025 respectively.