NGL
NGL Energy Partners LP
NYSE: NGL · ENERGY · OIL & GAS MIDSTREAM
$16.20
-0.43% today
Updated 2026-04-30
Market cap
$2.01B
P/E ratio
—
P/S ratio
0.57x
EPS (TTM)
$-0.26
Dividend yield
—
52W range
$3 – $16
Volume
0.3M
NGL Energy Partners LP (NGL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $734.99M | $809.63M | $735.51M | $1.31B | $4.42B | $9.70B | $16.80B | $11.74B | $13.02B | $16.91B | $8.69B | $7.58B | $5.23B | $7.95B | $5.68B | $4.15B | $3.47B |
| Revenue growth (YoY) | — | +10.2% | -9.2% | +78.2% | +237.1% | +119.6% | +73.2% | -30.1% | +10.9% | +29.8% | -48.6% | -12.7% | -31.1% | +52.1% | -28.5% | -26.9% | -16.5% |
| Cost of revenue | $706.42M | $752.15M | $708.22M | $1.22B | $4.11B | $9.25B | $16.15B | $11.07B | $12.55B | $16.62B | $8.20B | $6.87B | $4.49B | $7.43B | $4.96B | $3.45B | $2.76B |
| Gross profit | $28.57M | $57.48M | $27.29M | $93.45M | $309.80M | $445.82M | $649.90M | $674.15M | $477.11M | $285.63M | $494.12M | $714.30M | $733.20M | $519.88M | $716.50M | $701.76M | $707.38M |
| Gross margin | 3.9% | 7.1% | 3.7% | 7.1% | 7.0% | 4.6% | 3.9% | 5.7% | 3.7% | 1.7% | 5.7% | 9.4% | 14.0% | 6.5% | 12.6% | 16.9% | 20.4% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $16.65M | $17.85M | $6.33M | $16.01M | $52.70M | $79.86M | $149.43M | $139.54M | $116.57M | $98.13M | $107.41M | $113.66M | $70.47M | $63.55M | $71.48M | $121.63M | $55.59M |
| Operating income | $9.43M | $9.77M | $6.66M | $15.03M | $87.31M | $106.56M | $87.11M | $-104.60M | $255.08M | $-17.17M | $126.73M | $-3.33M | $-390.75M | $83.04M | $243.99M | $161.91M | $329.36M |
| Operating margin | 1.3% | 1.2% | 0.9% | 1.1% | 2.0% | 1.1% | 0.5% | -0.9% | 2.0% | -0.1% | 1.5% | -0.0% | -7.5% | 1.0% | 4.3% | 3.9% | 9.5% |
| EBITDA | $13.04M | $17.03M | $16.39M | $31.70M | $166.53M | $235.47M | $358.41M | $181.25M | $526.32M | $189.24M | $298.96M | $266.93M | $408.73M | $377.76M | $558.06M | $380.41M | $594.99M |
| EBITDA margin | 1.8% | 2.1% | 2.2% | 2.4% | 3.8% | 2.4% | 2.1% | 1.5% | 4.0% | 1.1% | 3.4% | 3.5% | 7.8% | 4.8% | 9.8% | 9.2% | 17.2% |
| EBIT | $9.74M | $13.28M | $13.61M | $14.52M | $89.02M | $102.82M | $147.94M | $-54.38M | $296.29M | $-25.88M | $86.50M | $-9.92M | $90.94M | $71.55M | $267.95M | $98.35M | $327.75M |
| Interest expense | $1.62M | $2.23M | $2.85M | $7.62M | $32.99M | $58.85M | $110.12M | $133.09M | $150.48M | $199.15M | $164.72M | $181.18M | $198.80M | $254.68M | $258.70M | $254.62M | $280.08M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $4.95M | $8.04M | $3.64M | $7.88M | $47.94M | $47.66M | $16.66M | $-201.95M | $137.04M | $-70.88M | $360.05M | $-397.01M | $-639.82M | $-184.76M | $51.39M | $-143.75M | $39.37M |
| Net income growth (YoY) | — | +62.5% | -54.8% | +116.6% | +508.7% | -0.6% | -65.0% | -1312.1% | +167.9% | -151.7% | +608.0% | -210.3% | -61.2% | +71.1% | +127.8% | -379.8% | +127.4% |
| Profit margin | 0.7% | 1.0% | 0.5% | 0.6% | 1.1% | 0.5% | 0.1% | -1.7% | 1.1% | -0.4% | 4.1% | -5.2% | -12.2% | -2.3% | 0.9% | -3.5% | 1.1% |