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Other financials

Income statement

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Revenue$949.5M-2.2%
Gross profit$217.3M-17.0%
Operating income$109.7M+29.5%
Net income-$287.7M-2,196%
EPS (diluted)-$0.54

Balance sheet

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Cash & equivalents$8.5M+50.6%
Total debt$3.4B+8.9%
Total equity$119.5M-26.5%
Total assets$4.2B-9.4%

Cash flow

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Operating cash flow$110.0M-29.0%
Free cash flow$78.4M-33.1%

Valuation

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Market cap$2.17B+305%
Enterprise value$5.51B+56.1%
P/S0.7×+0.5×

Profitability

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Gross margin30.9%+3.1pp
Operating margin12%
Net margin-4.5%-5.6pp
FCF margin4.6%+3.1pp

Returns & leverage

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Return on equity112.8%+89.0pp
Debt / equity25.6×+5.9×
Current ratio-0.3×

Where this comes from

Reported directly by NGL Energy Partners in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The source filing: NGL Energy Partners’s 10-K, filed May 28, 2026.

Filed
May 28, 2026, 4:25 PM EDT
Fiscal year
FY2026
Accession
0001504461-26-000012
Line itemYear Ended March 31, 2026Year Ended March 31, 2025Year Ended March 31, 2024
Net cash provided by operating activities-discontinued operations15,63640,61314,346
Net cash provided by operating activities365,953297,463376,164
INVESTING ACTIVITIES:
Capital expenditures(221,278)(245,816)(152,295)
Net settlements of derivatives(24,226)(246)(6,185)
Proceeds from sales of assets72,67242,81953,246
Proceeds from divestitures of businesses and investments, net88,63972,24616,000
Investments in unconsolidated entities(106)(258)

Item 16. Form 10-K Summary

FAQ

What is NGL Energy Partners's capex?
NGL Energy Partners (NGL) reported capex of $31.64M in Q1 2026.
How has NGL Energy Partners's capex changed year-over-year?
NGL Energy Partners's capex decreased by 16.4% year-over-year, from $37.85M to $31.64M.
What is the long-term trend for NGL Energy Partners's capex?
Over 4 years (2022 to 2026), NGL Energy Partners's capex has grown at a 11.7% compound annual growth rate (CAGR), from $142.36M to $221.28M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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