NGL Energy Partners (NGL) Tax Rate (2010 - 2026)
NGL Energy Partners' (NGL) quarterly Tax Rate came in at 0.37% in Q2 2026, up 23.0% on a YoY basis from 0.3% in Q2 2025, and down 1149.88% quarter-over-quarter from 0.03% in Q1 2026.
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NGL Energy Partners (NGL) Tax Rate (2010 - 2026) Analysis & Trends
NGL Energy Partners (NGL) has reported Tax Rate for 17 consecutive years, with 0.37% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 23.0% year-over-year to 0.37%; the trailing twelve-month figure through Jun 2026 stood at 0.3% (up 65.0% YoY), and the FY2026 full-year result was 0.15%, up 828.0% from the prior year.
- Tax Rate slipped to 0.37% in Q2 2026 per NGL's latest filing, from 0.03% 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.
- Historically, Tax Rate has averaged 1.7% across 5 years, with a median of 0.23% in 2025.
- The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 3819 bps in 2024, then surged 3688 bps in 2025.
- Over 5 years, 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 sank by 51 bps to 0.37% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 0.37%, 0.03%, and 0.25% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 23.33% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.64% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.12% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 5.85% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.61% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 0.18% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 23.62% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 21.97% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 21.47% |
| 10 | NGL Energy Partners | 2.22 Bn | 2.21 Bn | 305.58 Mn | -0.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.37% |
| Mar 31, 2026 | -0.03% |
| Dec 31, 2025 | -0.25% |
| Sep 30, 2025 | -0.21% |
| Jun 30, 2025 | -0.60% |
| Mar 31, 2025 | 0.09% |
| Dec 31, 2024 | -1.17% |
| Sep 30, 2024 | 2.27% |
| Jun 30, 2024 | -37.48% |
| Mar 31, 2024 | -0.33% |
| Dec 31, 2023 | 0.34% |
| Sep 30, 2023 | 1.19% |
| Jun 30, 2023 | 0.71% |
| Mar 31, 2023 | -0.14% |
| Dec 31, 2022 | -0.43% |
| Sep 30, 2022 | 12.96% |
| Jun 30, 2022 | -0.75% |
| Mar 31, 2022 | -6.48% |
| Dec 31, 2021 | 0.71% |
| Sep 30, 2021 | 16.30% |