NGL Energy Partners LP (NGL)

NGL Energy Partners LP Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	3,250	3,469	4,153	5,679	7,948	5,226
Other Revenue	-	-	-	-	-	1.26
Revenue	3,250	3,469	4,153	5,679	7,948	5,227
Revenue Growth (YoY)	46.95%	-16.47%	-26.87%	-28.55%	52.05%	-31.08%
Cost of Revenue	2,249	2,507	3,185	4,689	7,139	4,494
Gross Profit	1,002	962.11	967.87	989.61	808.6	733.2
Selling, General & Admin	351.57	353.28	421.23	376.07	349.08	325.03
Operating Expenses	612.84	608.01	687.34	649.18	637.8	642.26
Operating Income	388.78	354.1	280.53	340.43	170.8	90.94
Interest Expense	-263.41	-280.08	-269.8	-275.44	-271.64	-198.8
Earnings From Equity Investments	4.94	6.57	4.12	4.12	1.4	1.94
Other Non Operating Income (Expenses)	-1.04	4.26	2.78	30.41	2.25	-36.5
EBT Excluding Unusual Items	129.27	84.85	17.63	99.52	-97.18	-142.42
Impairment of Goodwill	-17.9	-17.9	-69.2	-	-	-237.8
Gain (Loss) on Sale of Assets	-5.3	5.8	-10.7	-33.1	-62.1	14
Asset Writedown	-18.3	-22.45	-39.94	-54.98	-29.95	-251.64
Legal Settlements	-3.4	-3.4	-	-	-	-
Other Unusual Items	8.2	6.71	-57.96	-4.29	6.11	-22.95
Pretax Income	99.47	60.1	-156.27	9.25	-183.13	-640.81
Income Tax Expense	-0.5	-4.89	1.46	0.22	0.97	-3.39
Earnings From Continuing Operations	99.97	64.99	-157.73	9.04	-184.1	-637.42
Earnings From Discontinued Operations	28.79	-21.83	14.6	43.46	-	-1.77
Net Income to Company	128.76	43.16	-143.12	52.49	-184.1	-639.19
Minority Interest in Earnings	-3.33	-3.8	-0.63	-1.11	-0.66	-0.63
Net Income	125.44	39.37	-143.76	51.39	-184.76	-639.82
Preferred Dividends & Other Adjustments	148.49	118.27	139.36	124.62	103.87	92.63
Net Income to Common	-23.06	-78.9	-283.12	-73.23	-288.63	-732.45
Shares Outstanding (Basic)	131	132	132	131	130	129
Shares Outstanding (Diluted)	131	132	132	131	130	129
Shares Change (YoY)	-1.22%	0.04%	0.87%	0.90%	0.67%	1.23%
EPS (Basic)	-0.18	-0.60	-2.14	-0.56	-2.22	-5.68
EPS (Diluted)	-0.18	-0.60	-2.14	-0.56	-2.22	-5.68
Free Cash Flow	233.12	51.65	223.87	297.42	63.49	117.19
Free Cash Flow Per Share	1.78	0.39	1.69	2.27	0.49	0.91
Dividend Per Share	-	-	-	-	-	0.300
Dividend Growth	-	-	-	-	-	-78.10%
Gross Margin	30.82%	27.73%	23.30%	17.43%	10.17%	14.03%
Operating Margin	11.96%	10.21%	6.75%	5.99%	2.15%	1.74%
Profit Margin	-0.71%	-2.27%	-6.82%	-1.29%	-3.63%	-14.01%
Free Cash Flow Margin	7.17%	1.49%	5.39%	5.24%	0.80%	2.24%
EBITDA	650.52	609.33	546.89	613.8	460.05	408.73
EBITDA Margin	20.01%	17.56%	13.17%	10.81%	5.79%	7.82%
D&A For EBITDA	261.74	255.24	266.36	273.37	289.25	317.78
EBIT	388.78	354.1	280.53	340.43	170.8	90.94
EBIT Margin	11.96%	10.21%	6.75%	5.99%	2.15%	1.74%
Effective Tax Rate	-	-	-	2.37%	-	-
Revenue as Reported	3,250	3,469	4,153	5,679	7,948	5,227

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q