NGL Energy Partners LP (NGL.PC) stock
NGL.PCNYSENatural Gas TransmissionFiscal year ends March 31Also trades as NGL, NGL.PB
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026Score 3/3014% above fair value
$24.91−0.55 (-2.18%)
Close on Oct 30, 2026Market cap $3.11BP/E –Yield –
NGL Energy Partners LP gross margin
Gross margin is gross profit as a percentage of revenue.
NGL Energy Partners LP's gross margin for the twelve months ending Jun 30, 2026 was 29.5%. For fiscal 2026 it was 30.9%, against 27.7% the year before. The highest annual figure on record is 30.9% in fiscal 2026.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Mar 31, 2026 | 30.9% | +3.1 |
| FY2025 | Mar 31, 2025 | 27.7% | +4.4 |
| FY2024 | Mar 31, 2024 | 23.3% | +5.9 |
| FY2023 | Mar 31, 2023 | 17.4% | +7.3 |
| FY2022 | Mar 31, 2022 | 10.2% | −3.9 |
| FY2021 | Mar 31, 2021 | 14.0% | +1.1 |
| FY2020 | Mar 31, 2020 | 12.9% | +4.8 |
| FY2019 | Mar 31, 2019 | 8.1% | −1.8 |
| FY2018 | Mar 31, 2018 | 9.9% | +6.2 |
| FY2017 | Mar 31, 2017 | 3.8% | −3.9 |
| FY2016 | Mar 31, 2016 | 7.7% | +2.7 |
| FY2015 | Mar 31, 2015 | 5.0% | −0.8 |
| FY2014 | Mar 31, 2014 | 5.8% | −2.7 |
| FY2013 | Mar 31, 2013 | 8.6% | +1.4 |
| FY2012 | Mar 31, 2012 | 7.1% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q1 FY2027 | Jun 30, 2026 | 30.9% | −7.6 |
| Q4 FY2026 | Mar 31, 2026 | 22.9% | −4.1 |
| Q3 FY2026 | Dec 31, 2025 | 29.0% | +3.8 |
| Q2 FY2026 | Sep 30, 2025 | 37.6% | +6.7 |
| Q1 FY2026 | Jun 30, 2025 | 38.5% | +9.5 |
| Q4 FY2025 | Mar 31, 2025 | 26.9% | +5.1 |
| Q3 FY2025 | Dec 31, 2024 | 25.1% | +3.2 |
| Q2 FY2025 | Sep 30, 2024 | 30.9% | +5.5 |
| Q1 FY2025 | Jun 30, 2024 | 29.0% | +4.5 |
| Q4 FY2024 | Mar 31, 2024 | 21.8% | +8.3 |
| Q3 FY2024 | Dec 31, 2023 | 21.9% | +8.9 |
| Q2 FY2024 | Sep 30, 2023 | 25.4% | +13.2 |
| Q1 FY2024 | Jun 30, 2023 | 24.5% | +14.8 |
| Q4 FY2023 | Mar 31, 2023 | 13.6% | +5.9 |
| Q3 FY2023 | Dec 31, 2022 | 13.0% | +2.8 |
| Q2 FY2023 | Sep 30, 2022 | 12.2% | −0.8 |
| Q1 FY2023 | Jun 30, 2022 | 9.7% | −1.3 |
| Q4 FY2022 | Mar 31, 2022 | 7.7% | −2.6 |
| Q3 FY2022 | Dec 31, 2021 | 10.2% | −2.3 |
| Q2 FY2022 | Sep 30, 2021 | 13.0% | −4.4 |
| Q1 FY2022 | Jun 30, 2021 | 11.0% | −8.8 |
| Q4 FY2021 | Mar 31, 2021 | 10.2% | −7.1 |
| Q3 FY2021 | Dec 31, 2020 | 12.5% | −0.5 |
| Q2 FY2021 | Sep 30, 2020 | 17.4% | +5.5 |
| Q1 FY2021 | Jun 30, 2020 | 19.8% | +10.1 |
| Q4 FY2020 | Mar 31, 2020 | 17.3% | +8.5 |
| Q3 FY2020 | Dec 31, 2019 | 13.1% | +2.3 |
| Q2 FY2020 | Sep 30, 2019 | 11.9% | +4.5 |
| Q1 FY2020 | Jun 30, 2019 | 9.7% | +4.4 |
| Q4 FY2019 | Mar 31, 2019 | 8.8% | +5.7 |
| Q3 FY2019 | Dec 31, 2018 | 10.7% | +8.0 |
| Q2 FY2019 | Sep 30, 2018 | 7.4% | +4.3 |
| Q1 FY2019 | Jun 30, 2018 | 5.3% | +2.5 |
| Q4 FY2018 | Mar 31, 2018 | 3.1% | −3.3 |
| Q3 FY2018 | Dec 31, 2017 | 2.7% | −2.5 |
| Q2 FY2018 | Sep 30, 2017 | 3.1% | −0.8 |
| Q1 FY2018 | Jun 30, 2017 | 2.7% | – |
| Q4 FY2017 | Mar 31, 2017 | 6.5% | – |
| Q3 FY2017 | Dec 31, 2016 | 5.2% | – |
| Q2 FY2017 | Sep 30, 2016 | 3.8% | – |