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 2,929.10 Bn 2,928.98 Bn 167.16 Mn -0.08%
2 Flex LNG 1,639.54 Bn 1,639.15 Bn 61.79 Mn -0.12%
3 Enbridge 121.23 Bn 119.90 Bn 6.70 Bn 24.82%
4 Kinder Morgan 112.45 Bn 112.33 Bn 3.07 Bn 23.33%
5 Enterprise Products Partners 82.86 Bn 81.67 Bn - 1.45%
6 Tc Energy 71.30 Bn 65.61 Bn 1.36 Bn 10.04%
7 Energy Transfer 69.01 Bn 68.04 Bn 6.62 Bn 6.40%
8 Mplx 59.53 Bn 58.02 Bn 1.95 Bn 0.11%
9 Targa Resources 58.19 Bn 58.09 Bn 1.70 Bn 20.27%
10 NGL Energy Partners 2.00 Bn 1.99 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%