NGL Energy Partners (NGL) Return on Capital Employed (2011 - 2026)
NGL Energy Partners' (NGL) quarterly Return on Capital Employed came in at 2.68% in Q1 2026, down 558.0% YoY from 0.58% in Q1 2025, and down 74.14% on a QoQ basis from 10.35% in Q4 2025.
NGL Energy Partners (NGL) Return on Capital Employed (2011 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has 16 years of Return on Capital Employed data on file, last reported at 2.68% in Q1 2026.
- Quarterly Return on Capital Employed fell 558.0% year-over-year to 2.68% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.68% (down 558.0% YoY) and the FY2026 annual result came in at 2.59%, down 549.0% from the prior year.
- Return on Capital Employed eased to 2.68% in Q1 2026, from 10.35% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 10.35% in Q4 2025 to a low of 1.73% in Q1 2022.
- A 5-year average of 5.65% and a median of 5.21% in 2023 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2022 — Return on Capital Employed surged 1417 bps — and 2026, when it sank 558 bps.
- Tracing NGL's Return on Capital Employed over 5 years: stood at 6.56% in 2022, then dropped by 15 bps to 5.56% in 2023, then tumbled by 33 bps to 3.74% in 2024, then soared by 177 bps to 10.35% in 2025, then sank by 74 bps to 2.68% in 2026.
- The last three Return on Capital Employed figures came in at 2.68% (Q1 2026), 10.35% (Q4 2025), and 9.73% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 7.68% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 5.40% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 12.27% |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 8.43% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 14.79% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 9.99% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 15.72% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 15.05% |
| 10 | NGL Energy Partners | 2.35 Bn | 2.35 Bn | 305.58 Mn | 4.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.04% |
| Mar 31, 2026 | 2.68% |
| Dec 31, 2025 | 10.35% |
| Sep 30, 2025 | 9.73% |
| Jun 30, 2025 | 8.77% |
| Mar 31, 2025 | 8.26% |
| Dec 31, 2024 | 3.74% |
| Sep 30, 2024 | 4.15% |
| Jun 30, 2024 | 4.23% |
| Mar 31, 2024 | 3.84% |
| Dec 31, 2023 | 5.56% |
| Sep 30, 2023 | 5.91% |
| Jun 30, 2023 | 5.21% |
| Mar 31, 2023 | 5.33% |
| Dec 31, 2022 | 6.56% |
| Sep 30, 2022 | 4.90% |
| Jun 30, 2022 | 5.03% |
| Mar 31, 2022 | 1.73% |
| Dec 31, 2021 | -0.52% |
| Sep 30, 2021 | -8.60% |