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NGL Energy Partners NGL Return on invested capital

Return on invested capital at other companies

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12.4%+0.5pp
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4.3%+0.1pp
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19.7%+12.8pp
WBI
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6.1%
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7.6%-0.8pp
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OneokOKE
8.6%-0.2pp

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 trailing twelve months.

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 return on invested capital?
NGL Energy Partners (NGL) reported return on invested capital of 11.7% in Q4 2025.
How has NGL Energy Partners's return on invested capital changed year-over-year?
NGL Energy Partners's return on invested capital increased by 35.1% year-over-year, from 8.7% to 11.7%.
What is the long-term trend for NGL Energy Partners's return on invested capital?
Over 4 years (2021 to 2025), NGL Energy Partners's return on invested capital has grown at a 4.9% compound annual growth rate (CAGR), from -8.3% to 10%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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