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NGL Energy Partners NGL Intangible assets — net

Intangible assets — net at other companies

TRG
Targa ResourcesTRGP
$2.2B+16.1%
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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$1.96B+155%
Enterprise value$5.31B+32.6%
P/S0.6×+0.4×

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:FiniteLivedIntangibleAssetsNet.

The official record: NGL Energy Partners’s 10-Q, filed February 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NGL Energy Partners's intangible assets — net?
NGL Energy Partners (NGL) reported intangible assets — net of $820M in Q4 2025.
How has NGL Energy Partners's intangible assets — net changed year-over-year?
NGL Energy Partners's intangible assets — net decreased by 9.4% year-over-year, from $905.04M to $820M.
What is the long-term trend for NGL Energy Partners's intangible assets — net?
Over 4 years (2021 to 2025), NGL Energy Partners's intangible assets — net has grown at a -9.4% compound annual growth rate (CAGR), from $1.26B to $851.35M.