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NGL Energy Partners NGL Finance Lease Liabilities

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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%
CapEx$31.6M-16.4%
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:FinanceLeaseLiabilityNoncurrent.

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

(1) At March 31, 2026, the short-term finance lease obligation of $2.7 million is included in accrued expenses and other payables and the long-term finance lease obligation of $4.5 million is included in other noncurrent liabilities in our consolidated balance sheet.

Item 16. Form 10-K Summary

FAQ

What is NGL Energy Partners's finance lease liabilities?
NGL Energy Partners (NGL) reported finance lease liabilities of $4.5M in Q1 2026.
How has NGL Energy Partners's finance lease liabilities changed year-over-year?
NGL Energy Partners's finance lease liabilities increased by 4400.0% year-over-year, from $100K to $4.5M.
What is the long-term trend for NGL Energy Partners's finance lease liabilities?
Over 3 years (2023 to 2026), NGL Energy Partners's finance lease liabilities has grown at a 255.7% compound annual growth rate (CAGR), from $100K to $4.5M.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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