NGL Energy Partners (NGL) Price to Book (2011 - 2025)
NGL Energy Partners' (NGL) Price to Book came in at 10.36 for fiscal Q3 2026 (quarter ended Dec 31, 2025), up 155.7% from 4.05 a year earlier and up 70.1% from the prior quarter.
NGL Energy Partners (NGL) Price to Book (2011 - 2025) Analysis & Trends
For FY2025 (ended Mar 31, 2025), NGL Energy Partners' Price to Book stood at 4.11, up 141.2% from FY2024.
- Annual Price to Book has increased for five consecutive fiscal years.
- In prior fiscal years, NGL Energy Partners' Price to Book was 1.70 in FY2024 (+241.7%), 0.50 in FY2023 (+22.8%), 0.41 in FY2022 (+45.6%) and 0.28 in FY2021 (+44.5%).
- The fiscal Q3 2026 figure stands as the highest quarterly Price to Book in data going back to fiscal Q1 2012.
- On a year-over-year basis, Price to Book has increased in each of the last 12 quarters, with growth averaging 227.0% over the last eight quarters.
- The strongest year-over-year quarter for Price to Book in the past five years was fiscal Q2 2025, with growth of 411.8%; the weakest was fiscal Q2 2023, with a decline of 43.1%.
- According to Business Quant data, Price to Book for the three prior fiscal quarters was 6.09 (Q2 2026), 3.83 (Q1 2026) and 4.11 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.05 Bn | 98.59 Bn | 4.84 Bn |
| 2 | Williams Companies | 84.68 Bn | 83.39 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 77.03 Bn | 75.46 Bn | - |
| 4 | Energy Transfer | 69.18 Bn | 62.61 Bn | 7.40 Bn |
| 5 | Kinder Morgan | 67.95 Bn | 68.90 Bn | 3.07 Bn |
| 6 | Tc Energy | 61.01 Bn | 64.08 Bn | 2.81 Bn |
| 7 | Targa Resources | 59.91 Bn | 59.53 Bn | 2.14 Bn |
| 8 | Mplx | 57.11 Bn | 50.67 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 56.26 Bn | 56.39 Bn | 5.29 Bn |
| 10 | NGL Energy Partners | 1.95 Bn | 1.92 Bn | 305.58 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 10.36 |
| Sep 30, 2025 | 6.09 |
| Jun 30, 2025 | 3.83 |
| Mar 31, 2025 | 4.11 |
| Dec 31, 2024 | 4.05 |
| Sep 30, 2024 | 3.21 |
| Jun 30, 2024 | 3.13 |
| Mar 31, 2024 | 1.70 |
| Dec 31, 2023 | 0.86 |
| Sep 30, 2023 | 0.63 |
| Jun 30, 2023 | 0.65 |
| Mar 31, 2023 | 0.50 |
| Dec 31, 2022 | 0.20 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 0.27 |
| Mar 31, 2022 | 0.41 |
| Dec 31, 2021 | 0.32 |
| Sep 30, 2021 | 0.40 |
| Jun 30, 2021 | 0.40 |
| Mar 31, 2021 | 0.28 |
NGL Energy Partners Price to Book 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=price-to-book&ticker=NGL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "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=price-to-book&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();