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NGL Energy Partners NGL Service — Total revenues

Other product segments

Crude oil sales
$375.97M+119%
Other product sales
$360.21M-12.5%
Disposal service fees
$177.44M+3.2%
Propane
$148.98M-57.2%
Butane sales
$147.5M-8.4%
Crude oil transportation and other
$8.13M-49.9%
Sale of water
$2.65M-16.5%
Other revenues
$2.17M+83.3%

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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:Revenues.

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
REVENUES:
Product$2,396,188$2,742,953$3,467,925
Service and other759,971726,233685,382
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

Item 16. Form 10-K Summary

FAQ

What is NGL Energy Partners's service — total revenues?
NGL Energy Partners (NGL) reported service — total revenues of $190.47M in Q1 2026.
How has NGL Energy Partners's service — total revenues changed year-over-year?
NGL Energy Partners's service — total revenues decreased by 1.0% year-over-year, from $192.47M to $190.47M.
What is the long-term trend for NGL Energy Partners's service — total revenues?
Over 3 years (2023 to 2026), NGL Energy Partners's service — total revenues has grown at a 4.3% compound annual growth rate (CAGR), from $670.02M to $759.97M.
What does service — total revenues mean?
This metric represents the total gross inflows of economic benefits arising from the provision of services within a specific business segment. It reflects the aggregate value of service-based activities performed for customers, excluding any pass-through taxes. This figure serves as a primary indicator of the segment's market demand and its contribution to the overall top-line performance of the enterprise.

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