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NGL Energy Partners LP (NGL) operating margin by quarter

NGL Energy Partners LP's operating margin was 14.7% in Q1 FY27 (first quarter fiscal 2027), +2.6 pts from Q3 FY26. Over the last 5 quarters it ranged from 10.4% (Q4 FY25) to 15.7% (Q1 FY26).

NGL Energy Partners LP operating margin by quarterNGL Energy Partners LP operating margin by quarter10.4%Q4 FY2515.7%Q1 FY2614.0%Q2 FY2612.1%Q3 FY2614.7%Q1 FY27
QuarterOperating marginQ/QY/Y
Q1 FY2714.7%+2.6 pts-1.0 pts
Q3 FY2612.1%-1.9 pts—
Q2 FY2614.0%-1.7 pts—
Q1 FY2615.7%+5.2 pts—
Q4 FY2510.4%——

Q1 FY27 at a glance

NGL Energy Partners LP, Q1 FY27: revenue $990M (+59% year over year), operating margin 14.7%, net earnings $78.7M, operating cash flow $77.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is NGL Energy Partners LP's operating margin?

NGL Energy Partners LP's operating margin was 14.7% in Q1 FY27 (first quarter fiscal 2027), +2.6 pts from Q3 FY26.

How has NGL Energy Partners LP's operating margin changed?

Over the last 5 quarters it ranged from 10.4% (Q4 FY25) to 15.7% (Q1 FY26).

Q1 FY27 results → · How NGL Energy Partners LP makes money →