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NGL Energy Partners NGL Service — Total cost of sales

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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$2.11B+244%
Enterprise value$5.46B+51.1%
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:CostOfGoodsAndServicesSold.

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
Total Revenues3,156,1593,469,1864,153,307
COST OF SALES:
Product2,160,3532,437,3313,103,710
Service and other21,81069,74681,724
Total Cost of Sales2,182,1632,507,0773,185,434
OPERATING COSTS AND EXPENSES:
Operating293,587297,686299,605
General and administrative70,10855,593121,625

Item 16. Form 10-K Summary

FAQ

What is NGL Energy Partners's service — total cost of sales?
NGL Energy Partners (NGL) reported service — total cost of sales of $5.43M in Q1 2026.
How has NGL Energy Partners's service — total cost of sales changed year-over-year?
NGL Energy Partners's service — total cost of sales decreased by 61.9% year-over-year, from $14.27M to $5.43M.
What is the long-term trend for NGL Energy Partners's service — total cost of sales?
Over 3 years (2023 to 2026), NGL Energy Partners's service — total cost of sales has grown at a -36.5% compound annual growth rate (CAGR), from $113.59M to $29.06M.
What does service — total cost of sales mean?
This metric captures the direct costs and expenses incurred to generate service-based revenues within a specific business segment. It includes labor, materials, and overhead directly attributable to the delivery of these services. Monitoring this metric helps evaluate the operational efficiency and direct profitability of the segment's service offerings.

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