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| Date | Value |
|---|---|
| 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% |