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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›NGL›Financials
Annual statements · SEC XBRL · FY2017 – FY2026

NGL Energy Partners LP (NGL) financials

Income statement

NGL Energy Partners LP (NGL) income statement, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue$12.7B$6.95B$8.69B$7.58B$5.23B$7.95B$5.68B$4.15B$3.47B$3.16B
Revenue growth—-45.3%25.0%-12.7%-31.1%52.1%-28.5%-26.9%-16.5%-9.0%
Operating income$206M$187M$127M-$3.33M-$391M$83.0M$244M$162M$329M$94.7M
Operating margin1.6%2.7%1.5%-0.0%-7.5%1.0%4.3%3.9%9.5%3.0%
Net income$137M-$70.9M$360M-$397M-$640M-$185M$51.4M-$144M$39.4M-$142M
Net margin1.1%-1.0%4.1%-5.2%-12.2%-2.3%0.9%-3.5%1.1%-4.5%

Cash flow

NGL Energy Partners LP (NGL) cash flow, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow-$25.0M$138M$337M$464M$304M$206M$445M$376M$297M$366M
Capital expenditures$345M$134M$456M$556M$187M$142M$148M$152M$246M$221M
Free cash flow-$370M$4.21M-$118M-$91.7M$117M$63.5M$297M$224M$51.6M$145M
Share buybacks——————$99.0K$84.0K$2.13M$47.6M

Balance sheet

NGL Energy Partners LP (NGL) balance sheet, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash & equivalents$7.83M$22.1M$18.6M$22.7M$4.83M$3.82M$5.43M$38.9M$5.65M$8.51M
Total assets$6.32B$6.15B$5.90B$6.50B$5.95B$6.07B$5.46B$5.02B$4.61B$4.18B
Long-term debt$3.03B$2.71B$2.17B$3.17B$3.38B$3.35B$2.86B$2.84B$2.96B$3.22B

Every figure is extracted from NGL Energy Partners LP’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is NGL Energy Partners LP's annual revenue?
NGL Energy Partners LP (NGL) reported $3.16B of revenue for fiscal year 2026 — down 9.0% from $3.47B in FY2025, per its annual report filed with the SEC.
Is NGL Energy Partners LP profitable?
Not in FY2026 — NGL reported a net loss of $142M, per SEC filings.
What is NGL Energy Partners LP's free cash flow?
$145M in FY2026 (operating cash flow $366M minus $221M of capital expenditures), from the SEC cash-flow statement.
Does NGL pay a dividend?
NGL Energy Partners LP reported no cash dividends paid in FY2026, per its SEC cash-flow statement.
Full NGL analysis — verdict, score & filings →Is NGL a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.