NGL Energy Partners (NGL) Return on Capital Employed (2011 - 2026)
NGL Energy Partners (NGL) posted Return on Capital Employed of 2.68% for Q1 2026, down 74.14% on a QoQ basis from 10.35% in Q4 2025, and down 558.0% year-over-year from 0.58% in Q1 2025.
NGL Energy Partners (NGL) Return on Capital Employed (2011 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has reported Return on Capital Employed for 16 consecutive years, with 2.68% the latest figure, recorded in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 2.68%, down 558.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.68% (down 558.0% YoY), and the FY2026 annual result was 2.59%, down 549.0% from the prior year.
- Return on Capital Employed was 2.68% for Q1 2026 at NGL Energy Partners, down from 10.35% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 10.35% in Q4 2025 and troughed at 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 soared 1417 bps — and 2026, when it plunged 558 bps.
- Year by year, Return on Capital Employed stood at 6.56% in 2022, then fell by 15 bps to 5.56% in 2023, then tumbled by 33 bps to 3.74% in 2024, then surged by 177 bps to 10.35% in 2025, then sank by 74 bps to 2.68% in 2026.
- Per Business Quant, the three latest NGL Return on Capital Employed figures stand at 2.68% (Q1 2026), 10.35% (Q4 2025), and 9.73% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 5.26% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 7.42% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 11.93% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 7.59% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 3.63% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 14.56% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 9.98% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 22.68% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 10.22% |
| 10 | NGL Energy Partners | 2.02 Bn | 2.02 Bn | 217.25 Mn | 2.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -9.14% |