NGL Energy Partners LP (NGL.PB) stock
NGL.PBNYSENatural Gas TransmissionFiscal year ends March 31Also trades as NGL, NGL.PC
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026Score 3/3014% above fair value
$23.74−1.34 (-5.34%)
Close on Oct 30, 2026Market cap $2.96BP/E –Yield –
NGL Energy Partners LP operating margin
Operating margin is operating income as a percentage of revenue.
NGL Energy Partners LP's operating margin for the twelve months ending Jun 30, 2026 was 4.0%. For fiscal 2026 it was 3.0%, against 9.5% the year before. The highest annual figure on record is 9.5% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Mar 31, 2026 | 3.0% | −6.5 |
| FY2025 | Mar 31, 2025 | 9.5% | +5.6 |
| FY2024 | Mar 31, 2024 | 3.9% | −0.4 |
| FY2023 | Mar 31, 2023 | 4.3% | +3.3 |
| FY2022 | Mar 31, 2022 | 1.0% | +8.5 |
| FY2021 | Mar 31, 2021 | -7.5% | −7.4 |
| FY2020 | Mar 31, 2020 | -0.0% | −1.5 |
| FY2019 | Mar 31, 2019 | 1.5% | −1.2 |
| FY2018 | Mar 31, 2018 | 2.7% | +1.1 |
| FY2017 | Mar 31, 2017 | 1.6% | +2.5 |
| FY2016 | Mar 31, 2016 | -0.9% | −1.5 |
| FY2015 | Mar 31, 2015 | 0.6% | −0.5 |
| FY2014 | Mar 31, 2014 | 1.1% | −0.9 |
| FY2013 | Mar 31, 2013 | 2.0% | +0.8 |
| FY2012 | Mar 31, 2012 | 1.1% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2027 | Jun 30, 2026 | 14.7% | −1.0 |
| Q4 FY2026 | Mar 31, 2026 | -21.8% | −30.1 |
| Q3 FY2026 | Dec 31, 2025 | 12.1% | +3.4 |
| Q2 FY2026 | Sep 30, 2025 | 14.0% | +3.2 |
| Q1 FY2026 | Jun 30, 2025 | 15.7% | +4.9 |
| Q4 FY2025 | Mar 31, 2025 | 8.4% | +17.8 |
| Q3 FY2025 | Dec 31, 2024 | 8.6% | +0.1 |
| Q2 FY2025 | Sep 30, 2024 | 10.8% | +2.2 |
| Q1 FY2025 | Jun 30, 2024 | 10.8% | +2.9 |
| Q4 FY2024 | Mar 31, 2024 | -9.4% | −8.7 |
| Q3 FY2024 | Dec 31, 2023 | 8.5% | +3.7 |
| Q2 FY2024 | Sep 30, 2023 | 8.5% | +5.1 |
| Q1 FY2024 | Jun 30, 2023 | 7.9% | +4.4 |
| Q4 FY2023 | Mar 31, 2023 | -0.7% | −2.2 |
| Q3 FY2023 | Dec 31, 2022 | 4.8% | +2.5 |
| Q2 FY2023 | Sep 30, 2022 | 3.4% | −0.3 |
| Q1 FY2023 | Jun 30, 2022 | 3.5% | +8.2 |
| Q4 FY2022 | Mar 31, 2022 | 1.5% | +5.5 |
| Q3 FY2022 | Dec 31, 2021 | 2.3% | +25.9 |
| Q2 FY2022 | Sep 30, 2021 | 3.7% | +0.6 |
| Q1 FY2022 | Jun 30, 2021 | -4.7% | −3.4 |
| Q4 FY2021 | Mar 31, 2021 | -4.0% | +6.6 |
| Q3 FY2021 | Dec 31, 2020 | -23.7% | −28.0 |
| Q2 FY2021 | Sep 30, 2020 | 3.1% | +1.4 |
| Q1 FY2021 | Jun 30, 2020 | -1.3% | −3.8 |
| Q4 FY2020 | Mar 31, 2020 | -10.5% | −15.1 |
| Q3 FY2020 | Dec 31, 2019 | 4.3% | −2.0 |
| Q2 FY2020 | Sep 30, 2019 | 1.7% | +1.0 |
| Q1 FY2020 | Jun 30, 2019 | 2.5% | +6.7 |
| Q4 FY2019 | Mar 31, 2019 | 4.5% | +0.2 |
| Q3 FY2019 | Dec 31, 2018 | 6.3% | +4.0 |
| Q2 FY2019 | Sep 30, 2018 | 0.6% | +3.7 |
| Q1 FY2019 | Jun 30, 2018 | -4.1% | −3.9 |
| Q4 FY2018 | Mar 31, 2018 | 4.4% | +3.7 |
| Q3 FY2018 | Dec 31, 2017 | 2.3% | +1.6 |
| Q2 FY2018 | Sep 30, 2017 | -3.1% | −1.9 |
| Q1 FY2018 | Jun 30, 2017 | -0.2% | – |
| Q4 FY2017 | Mar 31, 2017 | 0.7% | – |
| Q3 FY2017 | Dec 31, 2016 | 0.7% | – |
| Q2 FY2017 | Sep 30, 2016 | -1.2% | – |