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Price / book at other companies

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Enterprise Products PartnersEPD
2.6×+0.3×
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2.4×+1.2×
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Delek US HoldingsDK
7.4×+3.1×
WBI
WaterBridge InfrastructureWBI
2.1×
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2.5×-0.4×
TRG
Targa ResourcesTRGP
15.7×+1.7×

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

Calculated from NGL Energy Partners’s reported figures.

Based on the most recent quarter.

The source filing: NGL Energy Partners’s 10-Q, filed February 3, 2026. Open the filing →

Filed
Feb 3, 2026, 4:23 PM EST
Fiscal quarter
Q3 FY2026
Calendar quarter
Q4 2025
Accession
0001504461-26-000003

FAQ

What is NGL Energy Partners's price / book?
NGL Energy Partners (NGL) reported price / book of 10.5× in Q4 2025.
How has NGL Energy Partners's price / book changed year-over-year?
NGL Energy Partners's price / book increased by 159.7% year-over-year, from 4.1× to 10.5×.
What is the long-term trend for NGL Energy Partners's price / book?
Over 4 years (2021 to 2025), NGL Energy Partners's price / book has grown at a 95.9% compound annual growth rate (CAGR), from 0.3× to 4.1×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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