NGL Energy Partners (NGL) Tax Rate (2010 - 2026)

NGL Energy Partners (NGL) posted Tax Rate of 0.03% for Q1 2026, up 87.88% on a QoQ basis from 0.25% in Q4 2025, and down 12.0% year-over-year from 0.03% in Q1 2025.

NGL Energy Partners (NGL) Tax Rate (2010 - 2026) Analysis & Trends

NGL Energy Partners' Tax Rate history runs 17 years deep, the most recent figure standing at 0.03% for Q1 2026.

  • Quarterly Tax Rate fell 12.0% year-over-year to 0.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.15% (up 828.0% YoY) and the FY2026 annual result came in at 0.15%, up 828.0% from the prior year.
  • Tax Rate was 0.03% for Q1 2026 at NGL Energy Partners, up from 0.25% in the prior quarter.
  • Across five years, Tax Rate topped out at 12.96% in Q3 2022 and bottomed at 37.48% in Q2 2024.
  • A 5-year average of 1.78% and a median of 0.21% in 2025 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2024 — Tax Rate slumped 3819 bps — and 2025, when it jumped 3688 bps.
  • NGL Energy Partners' Tax Rate stood at 0.43% in 2022, then jumped by 178 bps to 0.34% in 2023, then tumbled by 448 bps to 1.17% in 2024, then jumped by 79 bps to 0.25% in 2025, then soared by 88 bps to 0.03% in 2026.
  • Business Quant data shows NGL's Tax Rate at 0.03% in Q1 2026, 0.25% in Q4 2025, and 0.21% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -0.08%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -0.12%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 23.33%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 24.82%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.45%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 10.04%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 6.40%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 20.27%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 24.00%
10 NGL Energy Partners 2.13 Bn 2.12 Bn 217.25 Mn -0.03%

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.03%
Mar 31, 2026 -0.03%
Mar 31, 2026 -0.03%
Dec 31, 2025 -0.25%
Dec 31, 2025 -0.25%
Dec 31, 2025 -0.25%
Sep 30, 2025 -0.21%
Sep 30, 2025 -0.21%
Sep 30, 2025 -0.21%
Jun 30, 2025 -0.60%
Jun 30, 2025 -0.60%
Jun 30, 2025 -0.60%
Mar 31, 2025 0.09%
Mar 31, 2025 0.09%
Mar 31, 2025 0.09%
Dec 31, 2024 -1.17%
Dec 31, 2024 -1.17%
Dec 31, 2024 -1.17%
Sep 30, 2024 2.27%
Sep 30, 2024 2.27%