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NGL Energy Partners LP(NGL)Earnings, Financials & Key Ratios
NGL•NYSE
$16.41
$2.03B mkt cap·Price updated May 6, 2026
AboutNGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products / renewables, and water solutions. The company operates in three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production; aggregates and sells recovered crude oil; disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts; and sells produced water for reuse and recycle, and brackish non-potable water. The Crude Oil Logistics segment purchases crude oil from producers and marketers, and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs; and provides storage, terminaling, and transportation services through pipelines. The Liquids Logistics segment supplies natural gas liquids, refined petroleum products, and biodiesel to commercial, retail, and industrial customers in the United States and Canada through its 24 terminals, third-party storage and terminal facilities, and nine common carrier pipelines, as well as through fleet of leased railcars. This segment is also involved in the marine export of butane through its facility located in Chesapeake, Virginia. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.Show more
- Revenue$3.47B-16.5%
- EBITDA$597M+34.4%
- Net Income$39M+127.4%
- EPS (Diluted)-0.60+72.0%
- Gross Margin20.39%+20.7%
- EBITDA Margin17.2%+60.9%
- Operating Margin9.49%+143.5%
- Net Margin1.13%+132.8%
- ROE4.64%+137.4%
- ROIC6.41%+116.3%
- Debt/Equity4.42+49.0%
- Interest Coverage1.18+84.9%
NGL Key Insights
NGL Energy Partners LP (NGL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓Momentum leader: RS Rating 95 (top 5%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Trading near 52-week high
✗Weaknesses
- ✗High debt to equity ratio of 4.4x
- ✗Sales declining 14.5% over 5 years
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NGL Price & Volume
NGL Energy Partners LP (NGL) stock price & volume — 10-year historical chart
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NGL Growth Metrics
NGL Energy Partners LP (NGL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-14.59%
5 Years-14.48%
3 Years-24.14%
TTM-41.91%
Profit CAGR
10 Years8.98%
5 Years-
3 Years-
TTM306.4%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM112.88%
Return on Capital
10 Years1.71%
5 Years2.38%
3 Years5.84%
Last Year8.32%
NGL Recent Earnings
NGL Energy Partners LP (NGL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 1/12 qtrs (9%)●Beat Revenue 3/12 qtrs (25%)
Q1 2026Latest
Feb 3, 2026EPS
$0.10
Est $0.16
-37.5%
Revenue
$910M
Est $804M
+13.1%
Q4 2025
Nov 4, 2025EPS
$0.02
Revenue
$675M
Est $701M
-3.7%
Q3 2025
Aug 7, 2025EPS
$0.27
Est $0.11
-145.5%
Revenue
$622M
Est $512M
+21.4%
Q2 2025
May 29, 2025EPS
$0.07
Est $0.01
+600.0%
Revenue
$820M
Est $1.1B
-177.8%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 3, 2026 | $0.10vs $0.16-37.5% | $910Mvs $804M+13.1% |
| Q4 2025 | Nov 4, 2025 | $0.02 | $675Mvs $701M-3.7% |
| Q3 2025 | Aug 7, 2025 | $0.27vs $0.11-145.5% | $622Mvs $512M+21.4% |
| Q2 2025 | May 29, 2025 | $0.07vs $0.01+600.0% | $820Mvs $1.1B-177.8% |
Based on last 12 quarters of dataView full earnings history →
NGL Peer Comparison
NGL Energy Partners LP (NGL) competitors in Produced Water and Environmental Services — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CAPL | 795.57M | 20.87 | 19.15 | -100% | 0.76% | 7.01% | ||
 GEL | 2.06B | 16.84 | -23.07 | -45.03% | -27.01% | -61.3% | 4.28% | 4.30 |
 MMLP | 95.29M | 2.44 | -6.59 | 1.2% | -2.84% | 14.68% | ||
 WES | 17.45B | 42.77 | 14.07 | 6.61% | 30.73% | 27.43% | 8.39% | 0.10 |
 HESM | 8.16B | 39.18 | 13.70 | 8.67% | 21.79% | 74.89% | 8.92% | 8.61 |
 USAC | 3.3B | 27.35 | 32.18 | 5.01% | 11.91% | 8.39% | ||
 ET | 70.15B | 20.39 | 15.10 | -0.05% | 5.93% | 10.38% | 5.48% | 1.45 |
 EPD | 83.23B | 38.50 | 14.47 | -6.44% | 11.03% | 19.29% | 3.56% | 1.14 |
Compare NGL vs Peers
NGL Energy Partners LP (NGL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NGL Income Statement
NGL Energy Partners LP (NGL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 13.02B | 16.91B | 8.69B | 7.58B | 5.23B | 7.95B | 5.68B | 4.15B | 3.47B | 3.03B |
| Revenue Growth % | 10.9% | 29.83% | -48.61% | -12.72% | -31.08% | 52.05% | -28.55% | -26.87% | -16.47% | -41.91% |
| Cost of Goods Sold | 12.55B | 16.62B | 8.2B | 6.87B | 4.49B | 7.43B | 4.96B | 3.45B | 2.76B | 2.04B |
| COGS % of Revenue | 96.34% | 98.31% | 94.31% | 90.58% | 85.97% | 93.46% | 87.38% | 83.1% | 79.61% | - |
| Gross Profit | 477.11M▲ 0% | 285.63M▼ 40.1% | 494.12M▲ 73.0% | 714.3M▲ 44.6% | 733.2M▲ 2.6% | 519.88M▼ 29.1% | 716.5M▲ 37.8% | 701.76M▼ 2.1% | 707.38M▲ 0.8% | 1.42B▲ 0% |
| Gross Margin % | 3.66% | 1.69% | 5.69% | 9.42% | 14.03% | 6.54% | 12.62% | 16.9% | 20.39% | 46.77% |
| Gross Profit Growth % | -29.23% | -40.13% | 72.99% | 44.56% | 2.65% | -29.09% | 37.82% | -2.06% | 0.8% | - |
| Operating Expenses | 431.21M | 319.91M | 333.1M | 717.64M | 1.12B | 436.84M | 472.51M | 539.85M | 378.02M | 298.32M |
| OpEx % of Revenue | 3.31% | 1.89% | 3.83% | 9.46% | 21.5% | 5.5% | 8.32% | 13% | 10.9% | - |
| Selling, General & Admin | 116.57M | 98.13M | 107.41M | 113.66M | 325.03M | 63.55M | 71.48M | 121.63M | 55.59M | 57.42M |
| SG&A % of Revenue | 0.9% | 0.58% | 1.24% | 1.5% | 6.22% | 0.8% | 1.26% | 2.93% | 1.6% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 27.76M | 656K | -30.42M | 603.97M | 798.92M | 373.29M | 401.03M | 418.22M | 322.43M | 3M |
| Operating Income | 255.08M▲ 0% | -17.17M▼ 106.7% | 126.73M▲ 837.9% | -3.33M▼ 102.6% | -390.75M▼ 11627.3% | 83.04M▲ 121.3% | 243.99M▲ 193.8% | 161.91M▼ 33.6% | 329.36M▲ 103.4% | 402.53M▲ 0% |
| Operating Margin % | 1.96% | -0.1% | 1.46% | -0.04% | -7.48% | 1.04% | 4.3% | 3.9% | 9.49% | 13.3% |
| Operating Income Growth % | 343.86% | -106.73% | 837.91% | -102.63% | -11627.28% | 121.25% | 193.81% | -33.64% | 103.41% | - |
| EBITDA | 485.12M | 197.94M | 339.19M | 273.52M | -72.97M | 389.25M | 534.09M | 443.98M | 596.6M | 671.85M |
| EBITDA Margin % | 3.73% | 1.17% | 3.9% | 3.61% | -1.4% | 4.9% | 9.4% | 10.69% | 17.2% | 22.2% |
| EBITDA Growth % | 270.26% | -59.2% | 71.35% | -19.36% | -126.68% | 633.43% | 37.21% | -16.87% | 34.38% | 18.27% |
| D&A (Non-Cash Add-back) | 230.03M | 215.12M | 212.46M | 276.85M | 317.78M | 306.21M | 290.11M | 282.06M | 267.25M | 269.32M |
| EBIT | 296.29M | -25.88M | 86.5M | -9.92M | 90.94M | 71.55M | 267.95M | 98.35M | 327.75M | 284.19M |
| Net Interest Income | -142.44M | -192.85M | -160M | -181.18M | -198.8M | -254.68M | -258.7M | -254.62M | -279.65M | -196.14M |
| Interest Income | 8.61M | 6.3M | 4.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 150.48M | 199.15M | 164.72M | 181.18M | 198.8M | 254.68M | 258.7M | 254.62M | 280.08M | 132.3M |
| Other Income/Expense | -109.27M | -206.4M | -204.95M | -176.87M | -250.06M | -266.17M | -234.73M | -318.18M | -269.25M | -196.59M |
| Pretax Income | 145.81M▲ 0% | -225.03M▼ 254.3% | -78.22M▲ 65.2% | -180.2M▼ 130.4% | -640.81M▼ 255.6% | -183.13M▲ 71.4% | 9.25M▲ 105.1% | -156.27M▼ 1788.7% | 60.1M▲ 138.5% | 144.36M▲ 0% |
| Pretax Margin % | 1.12% | -1.33% | -0.9% | -2.38% | -12.26% | -2.3% | 0.16% | -3.76% | 1.73% | 4.77% |
| Income Tax | 1.94M | 1.35M | 1.23M | 345K | -3.39M | 971K | 219K | 1.46M | -4.88M | 559K |
| Effective Tax Rate % | 1.33% | -0.6% | -1.58% | -0.19% | 0.53% | -0.53% | 2.37% | -0.93% | -8.13% | 0.39% |
| Net Income | 137.04M▲ 0% | -70.88M▼ 151.7% | 360.05M▲ 608.0% | -397.01M▼ 210.3% | -639.82M▼ 61.2% | -184.76M▲ 71.1% | 51.39M▲ 127.8% | -143.75M▼ 379.8% | 39.37M▲ 127.4% | 159.11M▲ 0% |
| Net Margin % | 1.05% | -0.42% | 4.14% | -5.23% | -12.24% | -2.32% | 0.9% | -3.46% | 1.13% | 5.26% |
| Net Income Growth % | 167.86% | -151.72% | 608% | -210.27% | -61.16% | 71.12% | 127.81% | -379.76% | 127.39% | 306.4% |
| Net Income (Continuing) | 94.8M | -22.48M | -79.45M | -180.54M | -637.42M | -184.1M | 9.04M | -157.73M | 64.99M | 143.8M |
| Discontinued Operations | 49.07M | -47.13M | 418.85M | -218.24M | -1.77M | 0 | 43.46M | 14.6M | -21.83M | 1.01M |
| Minority Interest | 26.75M | 83.5M | 58.75M | 21.56M | 17.28M | -35.08M | -36.04M | -34.6M | 20.67M | 506K |
| EPS (Diluted) | 0.95▲ 0% | -0.59▼ 162.1% | 2.93▲ 596.6% | -1.42▼ 148.5% | -5.68▼ 300.0% | -2.22▲ 60.9% | -0.56▲ 74.8% | -2.14▼ 282.1% | -0.60▲ 72.0% | 1.27▲ 0% |
| EPS Growth % | 149.22% | -162.11% | 596.61% | -148.46% | -300% | 60.92% | 74.77% | -282.14% | 71.96% | 112.88% |
| EPS (Basic) | 0.99 | -0.59 | 2.93 | -1.42 | -5.68 | -2.22 | -0.56 | -2.14 | -0.60 | - |
| Diluted Shares Outstanding | 111.85M | 120.99M | 123.02M | 127.41M | 128.98M | 129.84M | 131.01M | 132.15M | 132.01M | 125.16M |
| Basic Shares Outstanding | 108.09M | 120.99M | 123.02M | 127.41M | 128.98M | 129.84M | 131.01M | 132.15M | 132.01M | 125.16M |
| Dividend Payout Ratio | 132.29% | - | 65.72% | - | - | - | - | - | - | - |
NGL Balance Sheet
NGL Energy Partners LP (NGL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 1.48B | 2.25B | 1.81B | 774.09M | 1.01B | 1.55B | 1.29B | 1.18B | 962.05M | 721.39M |
| Cash & Short-Term Investments | 12.26M | 22.09M | 18.57M | 22.7M | 4.83M | 3.82M | 5.43M | 38.91M | 13.55M | 6.48M |
| Cash Only | 12.26M | 22.09M | 18.57M | 22.7M | 4.83M | 3.82M | 5.43M | 38.91M | 5.65M | 6.48M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.9M | 0 |
| Accounts Receivable | 807.32M | 1.03B | 1.01B | 571.99M | 727.13M | 1.13B | 1.05B | 721.22M | 583.71M | 597.58M |
| Days Sales Outstanding | 22.63 | 22.27 | 42.47 | 27.53 | 50.78 | 51.97 | 67.25 | 63.38 | 61.41 | 66.63 |
| Inventory | 561.43M | 551.3M | 136.13M | 69.63M | 158.47M | 251.28M | 142.61M | 106.6M | 69.92M | 78.81M |
| Days Inventory Outstanding | 16.33 | 12.11 | 6.06 | 3.7 | 12.87 | 12.35 | 10.49 | 11.27 | 9.24 | 15.59 |
| Other Current Assets | 0 | 517.6M | 580.99M | 44.65M | 48.09M | 83.47M | 98.09M | 313.92M | 294.88M | 38.53M |
| Total Non-Current Assets | 4.84B | 3.9B | 4.09B | 5.72B | 4.94B | 4.52B | 4.16B | 3.84B | 3.65B | 3.66B |
| Property, Plant & Equipment | 1.79B | 1.52B | 1.83B | 3.03B | 2.86B | 2.58B | 2.31B | 2.19B | 2.18B | 2.22B |
| Fixed Asset Turnover | 7.27x | 11.13x | 4.75x | 2.50x | 1.83x | 3.08x | 2.45x | 1.90x | 1.59x | 1.39x |
| Goodwill | 1.45B | 1.2B | 1.11B | 993.59M | 744.44M | 744.44M | 712.36M | 617.23M | 599.35M | 599.35M |
| Intangible Assets | 1.16B | 913.15M | 800.89M | 1.6B | 1.25B | 1.12B | 1.04B | 914.85M | 834.25M | 820M |
| Long-Term Investments | 187.42M | 17.24M | 1.13M | 23.18M | 22.72M | 21.9M | 29.68M | 25.08M | 3.09M | 3.09M |
| Other Non-Current Assets | 239.6M | 246.24M | 348.41M | 72.2M | 59.88M | 62.95M | 65.06M | 91.41M | 33.98M | 100.92M |
| Total Assets | 6.32B▲ 0% | 6.15B▼ 2.7% | 5.9B▼ 4.0% | 6.5B▲ 10.1% | 5.95B▼ 8.5% | 6.07B▲ 2.1% | 5.46B▼ 10.1% | 5.02B▼ 8.0% | 4.61B▼ 8.2% | 4.38B▲ 0% |
| Asset Turnover | 2.06x | 2.75x | 1.47x | 1.17x | 0.88x | 1.31x | 1.04x | 0.83x | 0.75x | 0.69x |
| Asset Growth % | 13.67% | -2.68% | -4.04% | 10.1% | -8.48% | 2.07% | -10.12% | -7.99% | -8.18% | -43.28% |
| Total Current Liabilities | 938.6M | 1.13B | 1.25B | 845.82M | 910.8M | 1.28B | 1.11B | 977.35M | 739.23M | 646.78M |
| Accounts Payable | 665.94M | 854.09M | 907.53M | 532.77M | 679.99M | 1.08B | 927.66M | 638.8M | 462.08M | 451.66M |
| Days Payables Outstanding | 19.38 | 18.76 | 40.42 | 28.31 | 55.23 | 53.31 | 68.23 | 67.55 | 61.07 | 72.46 |
| Short-Term Debt | 29.59M | 646K | 648K | 4.68M | 2.18M | 2.38M | 34.17M | 36.39M | 8.8M | 42.26M |
| Deferred Revenue (Current) | 35.94M | 8.37M | 8.46M | 0 | 0 | 0 | 14.7M | 17.31M | 10.35M | 24.03M |
| Other Current Liabilities | 79.96M | 226.31M | 315.2M | 171.86M | 72.84M | 63.68M | 106.6M | 251.79M | 185M | 139.17M |
| Current Ratio | 1.58x | 1.99x | 1.45x | 0.92x | 1.11x | 1.21x | 1.16x | 1.21x | 1.30x | 1.30x |
| Quick Ratio | 0.98x | 1.51x | 1.34x | 0.83x | 0.93x | 1.01x | 1.04x | 1.10x | 1.21x | 1.21x |
| Cash Conversion Cycle | 19.59 | 15.62 | 8.11 | 2.92 | 8.42 | 11.01 | 9.51 | 7.1 | 9.58 | 9.77 |
| Total Non-Current Liabilities | 3.15B | 2.85B | 2.22B | 3.38B | 3.54B | 3.53B | 3.03B | 3.04B | 3.17B | 3.62B |
| Long-Term Debt | 2.96B | 2.68B | 2.16B | 3.14B | 3.32B | 3.35B | 2.86B | 2.84B | 2.96B | 88.6M |
| Capital Lease Obligations | 0 | 0 | 0 | 121.01M | 103.64M | 72.78M | 58.45M | 85.34M | 85.34M | 258.73M |
| Deferred Tax Liabilities | -139.3M | -109.2M | 0 | 0 | 0 | 0 | 0 | 38M | 0 | 29.9M |
| Other Non-Current Liabilities | 187.61M | 173.51M | 63.58M | 114.08M | 114.61M | 104.35M | 111.23M | 76.42M | 126.32M | 3.89B |
| Total Liabilities | 4.09B | 3.98B | 3.47B | 4.23B | 4.45B | 4.8B | 4.14B | 4.02B | 3.91B | 4.26B |
| Total Debt | 2.99B | 2.68B | 2.16B | 3.33B | 3.47B | 3.47B | 2.95B | 2.97B | 3.08B | 130.86M |
| Net Debt | 2.98B | 2.66B | 2.14B | 3.3B | 3.47B | 3.46B | 2.94B | 2.93B | 3.08B | 124.38M |
| Debt / Equity | 1.36x | 32.81x | 36.94x | 1.46x | 2.32x | 2.74x | 2.24x | 2.97x | 4.42x | 4.42x |
| Debt / EBITDA | 6.17x | 13.54x | 6.37x | 12.16x | - | 8.91x | 5.52x | 6.68x | 5.17x | 0.19x |
| Net Debt / EBITDA | 6.14x | 13.43x | 6.32x | 12.08x | - | 8.90x | 5.51x | 6.59x | 5.16x | 5.16x |
| Interest Coverage | 1.70x | -0.09x | 0.77x | -0.02x | -1.97x | 0.33x | 0.94x | 0.64x | 1.18x | 2.15x |
| Total Equity | 2.19B▲ 0% | 81.69M▼ 96.3% | 58.49M▼ 28.4% | 2.27B▲ 3785.9% | 1.5B▼ 34.0% | 1.27B▼ 15.6% | 1.32B▲ 4.2% | 999.17M▼ 24.2% | 697.37M▼ 30.2% | 120M▲ 0% |
| Equity Growth % | 26.42% | -96.28% | -28.39% | 3785.89% | -34.04% | -15.59% | 4.19% | -24.22% | -30.2% | -148.14% |
| Book Value per Share | 19.61 | 0.68 | 0.48 | 17.84 | 11.62 | 9.75 | 10.06 | 7.56 | 5.28 | 0.96 |
| Total Shareholders' Equity | 2.17B | -1.81M | -255K | 2.25B | 1.48B | 1.3B | 1.35B | 1.03B | 676.7M | 119.5M |
| Common Stock | 2.19B | 1.85B | 2.07B | 1.37B | 582.78M | 401.49M | 455.56M | 134.81M | -170.28M | 0 |
| Retained Earnings | -2.26B | -2.14B | -2.42B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.83M | -1.81M | -255K | -385K | -266K | -308K | -450K | -499K | 9K | 0 |
| Minority Interest | 26.75M | 83.5M | 58.75M | 21.56M | 17.28M | -35.08M | -36.04M | -34.6M | 20.67M | 506K |
NGL Cash Flow Statement
NGL Energy Partners LP (NGL) cash flow — operating, investing & free cash flow history
| Line item | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -26.82M | 137.97M | 337.25M | 464.06M | 303.99M | 205.85M | 445.19M | 297.46M | 297.46M | 297.46M |
| Operating CF Margin % | -0.21% | 0.82% | 3.88% | 6.12% | 5.82% | 2.59% | 7.84% | 7.16% | 8.57% | - |
| Operating CF Growth % | -107.63% | 614.34% | 144.44% | 37.6% | -34.49% | -32.29% | 116.27% | -33.18% | 0% | 2509.81% |
| Net Income | 143.87M | -69.61M | 339.39M | -398.78M | -639.19M | -184.1M | 52.49M | 43.16M | 43.16M | 159.11M |
| Depreciation & Amortization | 237.79M | 225.74M | 221.67M | 276.85M | 331.2M | 306.21M | 290.88M | 267.25M | 267.25M | 285M |
| Stock-Based Compensation | 53.1M | 35.24M | 41.37M | 26.51M | 6.73M | -1.05M | 2.72M | 0 | 0 | 0 |
| Deferred Taxes | -154.96M | 225.44M | 216.23M | 0 | 587.61M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -21.24M | -156.82M | -405.03M | 519.79M | 7.18M | 221.31M | 100.94M | 96.55M | 96.55M | 174.69M |
| Working Capital Changes | -285.4M | -122.02M | -76.38M | 39.69M | 10.46M | -136.52M | -1.84M | -109.49M | -109.49M | -81.44M |
| Change in Receivables | -269.43M | -272.99M | -185.72M | 436.35M | -162.03M | -397.61M | 86.63M | 114.42M | 114.42M | 247.82M |
| Change in Inventory | -192.19M | -7.65M | -10.09M | 29.78M | -92.73M | -119.81M | 85.05M | 9.94M | 9.94M | 65.41M |
| Change in Payables | 239.05M | 195.34M | 87.74M | -375.26M | 207.5M | 405.42M | -155.88M | -145.99M | -145.99M | -255.89M |
| Cash from Investing | -363.13M | 270.58M | 453.47M | -1.44B | -221.49M | -212.41M | 64.19M | -122.81M | -122.81M | 55.68M |
| Capital Expenditures | -363.87M | -133.76M | -455.59M | -555.71M | -186.8M | -142.36M | -147.76M | -245.82M | -245.82M | -234.4M |
| CapEx % of Revenue | 2.79% | 0.79% | 5.24% | 7.33% | 3.57% | 1.79% | 2.6% | 5.92% | 7.09% | - |
| Acquisitions | 9.43M | 281.99M | 34.81M | -1.29B | -62K | 63.14M | 111.55M | 72.14M | 72.14M | 94.73M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 19.06M | 23.09M | 865.82M | 319.95M | -141.06M | 18.87M | 46.07M | 51.11M | 51.11M | 195.34M |
| Cash from Financing | 371.45M | -394.28M | -794.25M | 978.83M | -100.38M | 5.55M | -507.76M | -207.91M | -207.91M | -583.64M |
| Debt Issued (Net) | 99.15M | -332.58M | -537.59M | 997.89M | 207.05M | 21.44M | -500.59M | 113.63M | 113.63M | -329.83M |
| Equity Issued (Net) | 1000K | 1000K | -297K | 1000K | -182K | -90K | -99K | -1000K | -1000K | -2M |
| Dividends Paid | -181.29M | -225.07M | -236.63M | -244.4M | -142.13M | 0 | 0 | -305.29M | -305.29M | -152.48M |
| Share Repurchases | 0 | -15.82M | -297K | -266.77M | -182K | -90K | -99K | -2.13M | -2.13M | -29.07M |
| Other Financing | -68.28M | -23.55M | -19.72M | -130.28M | -165.12M | -15.8M | -7.08M | -14.13M | -14.13M | 27.75M |
| Net Change in Cash | -15.91M▲ 0% | 14.27M▲ 189.7% | -3.52M▼ 124.7% | 4.13M▲ 217.3% | -17.88M▼ 532.6% | -1.01M▲ 94.4% | 1.61M▲ 259.8% | -33.26M▼ 2167.1% | -33.26M▲ 0.0% | -2.46M▲ 0% |
| Free Cash Flow | -390.69M▲ 0% | 4.21M▲ 101.1% | -118.34M▼ 2913.5% | -91.66M▲ 22.5% | 117.19M▲ 227.9% | 63.49M▼ 45.8% | 297.42M▲ 368.5% | 51.65M▼ 82.6% | 51.65M▲ 0.0% | 291.14M▲ 0% |
| FCF Margin % | -3% | 0.02% | -1.36% | -1.21% | 2.24% | 0.8% | 5.24% | 1.24% | 1.49% | 9.62% |
| FCF Growth % | -25.87% | 101.08% | -2913.5% | 22.54% | 227.86% | -45.83% | 368.48% | -82.64% | 0% | 463.71% |
| FCF per Share | -3.49 | 0.03 | -0.96 | -0.72 | 0.91 | 0.49 | 2.27 | 0.39 | 0.39 | 0.39 |
| FCF Conversion (FCF/Net Income) | -0.20x | -1.95x | 0.94x | -1.17x | -0.48x | -1.11x | 8.66x | -2.07x | 7.56x | 1.83x |
| Interest Paid | 117.91M | 192.94M | 170.63M | 155.44M | 168.64M | 254.81M | 265.42M | 298.98M | 298.98M | 188.28M |
| Taxes Paid | 2.02M | 1.84M | 2.42M | 4.93M | 2.59M | 2.48M | 3.35M | 6.17M | 6.17M | 2.09M |
NGL Key Ratios
NGL Energy Partners LP (NGL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 6.98% | -6.23% | 513.69% | -34.06% | -33.92% | -13.36% | 3.98% | -12.4% | 4.64% | 132.59% |
| Return on Invested Capital (ROIC) | 3.9% | -0.33% | 3.85% | -0.06% | -5.56% | 1.28% | 4.07% | 2.97% | 6.41% | 6.41% |
| Gross Margin | 3.66% | 1.69% | 5.69% | 9.42% | 14.03% | 6.54% | 12.62% | 16.9% | 20.39% | 46.77% |
| Net Margin | 1.05% | -0.42% | 4.14% | -5.23% | -12.24% | -2.32% | 0.9% | -3.46% | 1.13% | 5.26% |
| Debt / Equity | 1.36x | 32.81x | 36.94x | 1.46x | 2.32x | 2.74x | 2.24x | 2.97x | 4.42x | 4.42x |
| Interest Coverage | 1.70x | -0.09x | 0.77x | -0.02x | -1.97x | 0.33x | 0.94x | 0.64x | 1.18x | 2.15x |
| FCF Conversion | -0.20x | -1.95x | 0.94x | -1.17x | -0.48x | -1.11x | 8.66x | -2.07x | 7.56x | 1.83x |
| Revenue Growth | 10.9% | 29.83% | -48.61% | -12.72% | -31.08% | 52.05% | -28.55% | -26.87% | -16.47% | -41.91% |
NGL SEC Filings & Documents
NGL Energy Partners LP (NGL) SEC filings — annual & quarterly reports (10-K, 10-Q)
NGL Frequently Asked Questions
NGL Energy Partners LP (NGL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
NGL Energy Partners LP (NGL) reported $3.03B in revenue for fiscal year 2025. This represents a 312% increase from $735.0M in 2009.
NGL Energy Partners LP (NGL) saw revenue decline by 16.5% over the past year.
Yes, NGL Energy Partners LP (NGL) is profitable, generating $159.1M in net income for fiscal year 2025 (1.1% net margin).
Dividend & Returns
Yes, NGL Energy Partners LP (NGL) pays a dividend with a yield of 14.09%. This makes it attractive for income-focused investors.
NGL Energy Partners LP (NGL) has a return on equity (ROE) of 4.6%. This is below average, suggesting room for improvement.
NGL Energy Partners LP (NGL) generated $291.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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