NGL · NGL Energy Partners LP · Financials
Market Cap
$2.19B
Shares
124.81M
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Revenue
$3.16B
-9%
FY2026
Net Income
-$142.3M
-461.4%
FY2026
Gross Margin
7.13%
FY2012
Operating Margin
3%
-6.5pp
FY2026
Operating Cash Flow
$365.95M
+23%
FY2026
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $3.52B | $3.16B | $3.47B | $4.15B | $5.68B | $7.95B | $5.23B | $7.58B | $8.69B | $6.95B | $12.71B | $11.74B | $16.8B | $9.7B | $4.42B | $1.31B | |
| $13.6M | $13.3M | $15M | $17.8M | $13.9M | $14.4M | $15.9M | — | — | — | — | — | — | — | — | — | |
| $2.48B | $2.18B | $2.51B | $3.19B | $4.69B | $7.14B | $4.49B | $6.6B | $7.98B | $6.26B | $12.23B | $10.84B | $15.96B | $9.13B | $4.04B | $1.22B | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $93.45M | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 7.13% | |
| $73.94M | $70.11M | $55.59M | $121.63M | $71.48M | $63.55M | $70.47M | $113.66M | $107.41M | $97.98M | $105.81M | $139.54M | $149.43M | $75.86M | $52.7M | $16.01M | |
| $62.46M | $60.57M | $60.52M | $73.36M | $82.12M | $90.24M | $133.15M | $138.62M | $115.87M | $113.98M | $101.06M | $107.63M | $101.75M | $71.83M | $44.09M | $6.62M | |
| $265.68M | $268.73M | $267.25M | $282.06M | $290.11M | $306.21M | $331.2M | $276.85M | $221.67M | $219.98M | $194.83M | $249.21M | $210.48M | $132.65M | $77.51M | $17.19M | |
| $133.54M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $47.3M | |
| $142.6M | $94.73M | $329.36M | $161.91M | $243.99M | $83.04M | -$390.75M | -$3.33M | $126.73M | $187.34M | $205.93M | -$104.6M | $107.42M | $106.57M | $87.31M | $15.03M | |
| — | 3% | 9.49% | 3.9% | 4.3% | 1.04% | -7.48% | -0.04% | 1.46% | 2.69% | 1.62% | -0.89% | 0.64% | 1.1% | 1.98% | 1.15% | |
| $408.28M | $363.46M | $596.6M | $443.98M | $534.09M | $389.25M | -$59.55M | $273.52M | $348.4M | $407.32M | $400.75M | $144.61M | $317.9M | $239.22M | $164.82M | $32.22M | |
| $259.01M | $257.49M | $280.08M | $269.8M | $275.44M | $271.64M | $198.8M | $181.18M | $164.73M | $199.15M | $149.99M | $133.09M | $110.12M | $58.85M | $32.99M | $7.62M | |
| $5.54M | $526K | $4.26M | $2.78M | $30.41M | $2.25M | -$36.5M | $1.68M | -$30.42M | $6.35M | $26.61M | $5.58M | $37.17M | $86K | $1.52M | $1.06M | |
| $0 | $201K | $6.57M | $4.12M | $4.12M | $1.4M | $1.94M | $1.29M | $2.53M | $7.54M | $3.83M | $16.12M | $12.1M | $1.9M | — | — | |
| -$129.12M | -$178.78M | $60.1M | -$156.27M | $9.25M | -$183.13M | -$640.81M | -$180.2M | -$78.22M | -$21.12M | $96.74M | -$187.46M | $46.57M | $49.7M | $50.07M | $8.47M | |
| -$393K | -$276K | -$4.89M | $1.46M | $219K | $971K | -$3.39M | $345K | $1.23M | $1.35M | $1.93M | -$367K | -$3.62M | $937K | $1.88M | $601K | |
| -$132.49M | -$142.3M | $39.37M | -$143.76M | $51.39M | -$184.76M | -$639.82M | -$397.01M | $360.05M | -$70.88M | $137.04M | -$198.93M | $37.31M | $48.76M | — | $7.86M | |
| — | -4.51% | 1.13% | -3.46% | 0.9% | -2.32% | -12.24% | -5.23% | 4.14% | -1.02% | 1.08% | -1.69% | 0.22% | 0.5% | — | 0.6% | |
| $1.16M | — | — | $631K | $1.11M | $655K | $632K | -$1.77M | -$20.21M | $240K | $6.83M | $11.83M | $12.89M | -$1.1M | -$250K | $12K | |
| — | — | — | — | -$73.23M | -$288.63M | -$732.45M | — | — | — | — | — | — | — | — | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2023–FY2026: $49.96M in buybacks.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Debt data is being processed. Please check back later.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
1.55×
Peer median 4.32×
EV/EBIT
38.32×
Peer median 16.08×
P/E (TTM)
—
Peer median 27.26×
Peer medians compare against the 22 similar-size Oil & Gas Midstream companies (of 39 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Liquids Logistics Segment | $1,262,196,000 | $1,833,612,000 | $1,766,425,000 | $2,517,160,000 | $4,897,553,000 | $3,133,146,000 | $4,611,136,000 | $5,249,474,000 |
| Crude Oil Logistics Segment | $1,054,631,000 | $879,902,000 | $1,656,611,000 | $2,473,412,000 | $2,505,496,000 | $1,721,636,000 | $2,549,767,000 | $3,136,635,000 |
| Water Solutions Segment | $838,914,000 | $755,687,000 | $730,818,000 | $697,038,000 | $544,866,000 | $370,986,000 | $422,059,000 | $301,686,000 |
| Corporate And Other | — | — | — | — | — | $1,255,000 | $1,038,000 | $1,362,000 |
By Geography (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Non Us | $138,600,000 | $128,200,000 | $132,100,000 | $211,000,000 | $238,000,000 |
By Product & Service (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Product | $2,396,188,000 | $2,742,953,000 | $3,467,925,000 | $5,008,999,000 | — | — | — | — |
| Service | $759,971,000 | $726,233,000 | $685,382,000 | $670,021,000 | — | — | — | — |
| Brackish Non-Potable Water Revenues | — | — | — | — | — | $10,554,000 | $11,676,000 | $2,404,000 |
| Butane | — | — | — | — | $861,998,000 | $516,358,000 | $1,124,106,000 | $1,256,126,000 |
| Crude Oil Transportation and Other | — | — | — | — | $75,484,000 | $142,233,000 | $170,138,000 | $148,738,000 |
| Non Topic 606 Revenues | — | — | — | — | — | — | $304,742,000 | $334,800,000 |
| Other Products or Services | — | — | — | — | $551,841,000 | $373,707,000 | $968,746,000 | $1,185,778,000 |
| Other Revenues | — | — | — | — | $23,625,000 | $29,628,000 | $95,232,000 | $62,327,000 |
| Propane | — | — | — | — | — | $1,023,479,000 | $1,684,800,000 | $2,338,234,000 |
| Recovered Crude Oil | — | — | — | — | $77,203,000 | $28,599,000 | $59,445,000 | $72,678,000 |
| Refined Products | — | — | — | — | $1,899,898,000 | $1,124,087,000 | $4,799,284,000 | $5,070,486,000 |
| Service Fees | — | — | — | — | $413,301,000 | $321,460,000 | $330,877,000 | $217,545,000 |
| Water Revenues | — | — | — | — | $39,518,000 | $13,569,000 | $12,381,000 | — |
| Crude Oil | — | — | — | — | $2,509,596,000 | $1,603,298,000 | $2,383,812,000 | $3,011,355,000 |
| Public Utilities Inventory Propane | — | — | — | — | $1,322,210,000 | $1,023,479,000 | $842,400,000 | — |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|
| Water Solutions Segment | $231,256,000 | $198,924,000 | $94,851,000 | -$92,720,000 | -$173,064,000 | $210,525,000 | -$24,231,000 |
| Crude Oil Logistics Segment | $52,074,000 | $81,524,000 | $45,033,000 | -$304,330,000 | $117,768,000 | -$7,379,000 | $122,904,000 |
| Liquids Logistics Segment | $2,481,000 | $66,624,000 | -$8,441,000 | $70,441,000 | $142,411,000 | $9,288,000 | — |
| Liquids and Marketing Segment | — | — | — | — | $142,411,000 | $9,288,000 | $168,136,000 |
Operating Margin by Segment (%)
| Component | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|
| Liquids Logistics Segment | 0.1% | 2.6% | -0.2% | 2.2% | 3.1% | 0.2% |
| Crude Oil Logistics Segment | 3.1% | 3.3% | 1.8% | -17.7% | 4.6% | -0.2% |
| Water Solutions Segment | 31.6% | 28.5% | 17.4% | -25% | -41% | 69.8% |
Key facts
CIK
1504461
CUSIP
62913M107
13F (30d)
25 filings
25 filers
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