NGLNYSENatural Gas TransmissionFiscal year ends March 31Also trades as NGL.PB, NGL.PC
NGL Energy Partners LP
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$15.47+0.27 (+1.78%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
30.9%+16.8 pts over 5 years
Operating margin
3.0%+10.5 pts over 5 years
Net margin
-4.5%+7.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -9.0% | -17.8% | -9.6% | -12.3% | |
| Gross profit | +1.2% | -0.5% | +5.8% | +0.8% | |
| Operating income | -71.2% | -27.0% | – | – | |
| Free cash flow | +180.1% | -21.4% | +4.3% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on assets | 2.3% | -10.3% | -3.2% | |
| Current ratio | 1.58 | 1.11 | 1.05 | |
| Net debt to EBITDA | 7.45× | -55.69× | 8.88× | |
| Interest coverage | 1.4× | -2.0× | 0.4× | |
| Inventory turnover | 26.3× | 39.4× | 31.8× | |
| Capex to revenue | 2.7% | 3.6% | 7.0% |
Where the cash went
Fiscal 2022 to 2026, five years combined
NGL Energy Partners LP generated $1.69B from operations and spent $959.56M on capital expenditure, dividends and share buybacks. 95% of that went back into the business.
Generated
$1.69B
Used
$959.56M
Capital expenditure$909.51M95%Dividends$00%Share buybacks$50.05M5%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
3of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$142.30M
- Cash generatingOperating cash flow above zero$365.95M
- Return on assets improvedROA up on the prior year0.8% → -3.1%
- Earnings backed by cashOperating cash flow above net income$365.95M vs -$142.30M
- Less leverageLong-term debt to assets fell64.3% → 77.2%
- Better liquidityCurrent ratio rose1.30 → 1.05
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year27.73% → 30.86%
- More efficientAsset turnover rose0.69 → 0.68