InsiderClue
Stocks · Energy · Natural Gas Transmission

NGL Energy Partners LP

NGL Clue Score24
United States Fiscal year ends March CIK 0001504461
$14.74 -3.47% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $14.74 +504.10% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Operating income205.9Net income137.0Fiscal year 2018Revenue6,953.9Operating income187.3Net income−70.9 −151.7%Fiscal year 2019Revenue8,689.2 +25.0%Operating income126.7Net income360.0Fiscal year 2020Revenue7,584.0 −12.7%Operating income−3.3Net income−397.0 −210.3%Fiscal year 2021Revenue5,227.0 −31.1%Operating income−390.8Net income−639.8Fiscal year 2022Revenue7,947.9 +52.1%Operating income83.0Net income−184.8Fiscal year 2023Revenue5,679.0 −28.5%Operating income244.0Net income51.4Fiscal year 2024Revenue4,153.3 −26.9%Operating income161.9Net income−143.8 −379.8%Fiscal year 2025Revenue3,469.2 −16.5%Operating income329.4Net income39.4Fiscal year 2026Revenue3,156.2 −9.0%Operating income94.7Net income−142.3 −461.4%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue n/a 6,953.9 8,689.2 7,584.0 5,227.0 7,947.9 5,679.0 4,153.3 3,469.2 3,156.2
Growth +25.0% −12.7% −31.1% +52.1% −28.5% −26.9% −16.5% −9.0%
Operating income 205.9 187.3 126.7 −3.3 −390.8 83.0 244.0 161.9 329.4 94.7
Net income 137.0 −70.9 360.0 −397.0 −639.8 −184.8 51.4 −143.8 39.4 −142.3
Growth −151.7% −210.3% −379.8% −461.4%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2017Fiscal year 2018Operating margin2.7%Net margin−1.0%Free cash flow margin0.1%Fiscal year 2019Operating margin1.5%Net margin4.1%Free cash flow margin−1.4%Fiscal year 2020Operating margin−0.0%Net margin−5.2%Free cash flow margin−1.2%Fiscal year 2021Operating margin−7.5%Net margin−12.2%Free cash flow margin2.2%Fiscal year 2022Operating margin1.0%Net margin−2.3%Free cash flow margin0.8%Fiscal year 2023Operating margin4.3%Net margin0.9%Free cash flow margin5.2%Fiscal year 2024Operating margin3.9%Net margin−3.5%Free cash flow margin5.4%Fiscal year 2025Operating margin9.5%Net margin1.1%Free cash flow margin1.5%Fiscal year 2026Operating margin3.0%Net margin−4.5%Free cash flow margin4.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating margin n/a 2.7% 1.5% −0.0% −7.5% 1.0% 4.3% 3.9% 9.5% 3.0%
Net margin n/a −1.0% 4.1% −5.2% −12.2% −2.3% 0.9% −3.5% 1.1% −4.5%
Free cash flow margin n/a 0.1% −1.4% −1.2% 2.2% 0.8% 5.2% 5.4% 1.5% 4.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow−25.0Capital expenditure−344.9Free cash flow−370.0Fiscal year 2018Operating cash flow138.0Capital expenditure−133.8Free cash flow4.2Fiscal year 2019Operating cash flow337.3Capital expenditure−455.6Free cash flow−118.3 −2,913.5%Fiscal year 2020Operating cash flow464.1Capital expenditure−555.7Free cash flow−91.7Fiscal year 2021Operating cash flow304.0Capital expenditure−186.8Free cash flow117.2Fiscal year 2022Operating cash flow205.8Capital expenditure−142.4Free cash flow63.5 −45.8%Fiscal year 2023Operating cash flow445.2Capital expenditure−147.8Free cash flow297.4 +368.5%Buybacks−0.1Fiscal year 2024Operating cash flow376.2Capital expenditure−152.3Free cash flow223.9 −24.7%Buybacks−0.1Fiscal year 2025Operating cash flow297.5Capital expenditure−245.8Free cash flow51.6 −76.9%Buybacks−2.1Fiscal year 2026Operating cash flow366.0Capital expenditure−221.3Free cash flow144.7 +180.1%Buybacks−47.6
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow −25.0 138.0 337.3 464.1 304.0 205.8 445.2 376.2 297.5 366.0
Capital expenditure −344.9 −133.8 −455.6 −555.7 −186.8 −142.4 −147.8 −152.3 −245.8 −221.3
Free cash flow −370.0 4.2 −118.3 −91.7 117.2 63.5 297.4 223.9 51.6 144.7
Growth −2,913.5% −45.8% +368.5% −24.7% −76.9% +180.1%
Buybacks n/a n/a n/a n/a n/a n/a −0.1 −0.1 −2.1 −47.6

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash7.8Total debt3,026.5Net cash (debt)−3,018.7Fiscal year 2018Cash22.1Total debt2,706.5Net cash (debt)−2,684.4Fiscal year 2019Cash18.6Total debt2,172.8Net cash (debt)−2,154.2Fiscal year 2020Cash22.7Total debt3,169.3Net cash (debt)−3,146.6Fiscal year 2021Cash4.8Total debt3,379.0Net cash (debt)−3,374.1Fiscal year 2022Cash3.8Total debt3,352.8Net cash (debt)−3,349.0Fiscal year 2023Cash5.4Total debt2,857.8Net cash (debt)−2,852.4Fiscal year 2024Cash38.9Total debt2,850.8Net cash (debt)−2,811.9Fiscal year 2025Cash5.6Total debt2,970.5Net cash (debt)−2,964.9Fiscal year 2026Cash8.5Total debt3,234.6Net cash (debt)−3,226.1
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 7.8 22.1 18.6 22.7 4.8 3.8 5.4 38.9 5.6 8.5
Total debt 3,026.5 2,706.5 2,172.8 3,169.3 3,379.0 3,352.8 2,857.8 2,850.8 2,970.5 3,234.6
Net cash (debt) −3,018.7 −2,684.4 −2,154.2 −3,146.6 −3,374.1 −3,349.0 −2,852.4 −2,811.9 −2,964.9 −3,226.1

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Mar 2017 FY2018 31 Mar 2018 FY2019 31 Mar 2019 FY2020 31 Mar 2020 FY2021 31 Mar 2021 FY2022 31 Mar 2022 FY2023 31 Mar 2023 FY2024 31 Mar 2024 FY2025 31 Mar 2025 FY2026 31 Mar 2026
Operations
−25.0 138.0 337.3 464.1 304.0 205.8 445.2 376.2 297.5 366.0
Growth +144.4% +37.6% −34.5% −32.3% +116.3% −15.5% −20.9% +23.0%
194.8 220.0 221.7 276.8 331.2 306.2 290.1 282.1 267.2 268.7
Investment
−344.9 −133.8 −455.6 −555.7 −186.8 −142.4 −147.8 −152.3 −245.8 −221.3
calc −370.0 4.2 −118.3 −91.7 117.2 63.5 297.4 223.9 51.6 144.7
Growth −2,913.5% −45.8% +368.5% −24.7% −76.9% +180.1%
−363.1 270.6 453.5 −1,438.8 −221.5 −212.4 64.2 −83.8 −122.8 −16.5
Financing
371.5 −394.3 −794.2 978.8 −100.4 5.6 −507.8 −258.9 −207.9 −346.6
n/a n/a n/a n/a n/a n/a −0.1 −0.1 −2.1 −47.6

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.