NGL Energy Partners (NGL) Return on Invested Capital [ROIC] (2012 - 2026)
NGL Energy Partners (NGL) recorded Return on Invested Capital [ROIC] of 2.37% in fiscal Q2 2027 (quarter ended Sep 30, 2026), down 9.43 percentage points from 11.80% a year earlier and down 2.38 percentage points from the prior quarter.
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Analysis
NGL Energy Partners (NGL) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), NGL Energy Partners reported Return on Invested Capital [ROIC] of 3.12%, down 7.14 percentage points from FY2025.
- Annual Return on Invested Capital [ROIC] has a five-year change of +11.62 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Return on Invested Capital [ROIC] came in at 10.27% in FY2025 (+5.59 pp), 4.68% in FY2024 (-1.52 pp), 6.19% in FY2023 (+4.20 pp) and 1.99% in FY2022 (+10.48 pp).
- The fiscal Q2 2027 figure is the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q4 2022.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of +0.17 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 16.49 percentage points in fiscal Q1 2023, against a drop of 9.43 percentage points in fiscal Q2 2027 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 4.76% (Q1 2027), 3.16% (Q4 2026) and 12.56% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 4.91% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 16.19% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 12.57% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 6.34% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 10.22% |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 8.84% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 13.71% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 15.49% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 13.59% |
| 10 | NGL Energy Partners | 75.44 Mn | 48.44 Mn | 258.58 Mn | 2.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.37% |
| Jun 30, 2026 | 4.76% |
| Mar 31, 2026 | 3.16% |
| Dec 31, 2025 | 12.56% |
| Sep 30, 2025 | 11.80% |
| Jun 30, 2025 | 11.23% |
| Mar 31, 2025 | 10.35% |
| Dec 31, 2024 | 4.49% |
| Sep 30, 2024 | 5.01% |
| Jun 30, 2024 | 5.15% |
| Mar 31, 2024 | 4.73% |
| Dec 31, 2023 | 6.58% |
| Sep 30, 2023 | 6.77% |
| Jun 30, 2023 | 5.78% |
| Mar 31, 2023 | 6.23% |
| Dec 31, 2022 | 7.00% |
| Sep 30, 2022 | 5.86% |
| Jun 30, 2022 | 5.85% |
| Mar 31, 2022 | 2.02% |
| Dec 31, 2021 | -0.61% |
API Access
NGL Energy Partners Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=NGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();