NGL Energy Partners (NGL) Return on Capital Employed [ROCE] (2011 - 2026)
NGL Energy Partners' Return on Capital Employed [ROCE] came in at 2.07% for fiscal Q2 2027 (quarter ended Sep 30, 2026), down 7.65 percentage points from 9.73% a year earlier and down 1.96 percentage points from the prior quarter.
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Analysis
NGL Energy Partners (NGL) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), NGL Energy Partners' Return on Capital Employed [ROCE] was 2.59%, down 5.49 percentage points from FY2025.
- Return on Capital Employed [ROCE] carries a five-year change of +9.95 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Return on Capital Employed [ROCE] was 8.08% in FY2025 (+4.28 pp), 3.80% in FY2024 (-1.44 pp), 5.24% in FY2023 (+3.49 pp) and 1.76% in FY2022 (+9.11 pp).
- The fiscal Q2 2027 figure represents the lowest quarterly Return on Capital Employed [ROCE] since fiscal Q4 2022.
- Year-over-year, Return on Capital Employed [ROCE] has declined for three consecutive quarters, with an average year-over-year change of +0.17 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in fiscal Q1 2023 (a gain of 14.17 percentage points), and the weakest in fiscal Q2 2027 (a drop of 7.65 percentage points).
- Business Quant data shows NGL's Return on Capital Employed [ROCE] at 4.04% (Q1 2027), 2.68% (Q4 2026) and 10.35% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 5.39% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 7.90% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 12.76% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 7.64% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 8.92% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 16.29% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 15.11% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 13.41% |
| 10 | NGL Energy Partners | 75.44 Mn | 48.44 Mn | 258.58 Mn | 2.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.07% |
| 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% |
API Access
NGL Energy Partners Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=NGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();