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NGL Energy Partners NGL Water Solutions — Other noncurrent assets

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PNRWater Solutions — Total Assets
$3.25B+25.5%
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PNRWater Solutions — Depreciation
$5.6M+40.0%
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PNRWater Solutions — Goodwill
$1.73B+22.6%
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PNRWater Solutions — CapEx
$5.9M+103%
AWR
AWRWater: — Other assets
$234.09M-0.9%
WBI
WBIWater Solutions — Revenue
$8.43M+79.9%

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:DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets.

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 itemWater SolutionsCrude Oil LogisticsLiquids LogisticsTotal
Intangible assets, net29,5579,71839,275
Investments in unconsolidated entities18,2215118,272
Operating lease right-of-use assets3,9623,962
Other noncurrent assets1,2373,1424,379
Valuation allowance on assets held for sale(7,974)(7,974)
Total assets held for sale$40,216$2,587$132,404$175,207
Liabilities Held for Sale
Accounts payable$32,072$32,072

Item 16. Form 10-K Summary

FAQ

What is NGL Energy Partners's water solutions — other noncurrent assets?
NGL Energy Partners (NGL) reported water solutions — other noncurrent assets of $0 in Q1 2025.
What does water solutions — other noncurrent assets mean?
Includes long-term assets specific to the Water Solutions segment that do not fall into standard categories like property or intangibles, such as long-term deposits or deferred charges. Monitoring this helps identify non-core asset accumulation or long-term resource commitments.

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