NGL Energy Partners LP Debt-to-EBITDA Ratio Growth & History (NGL)
NGL Energy Partners LP's debt-to-ebitda ratio was 9.24 for fiscal 2026.
View full NGL Energy Partners LP company overviewNGL Energy Partners LP annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 9.24 | 4.07 | +78.71% |
| 2025 | 2025-03-31 | 5.17 | −1.48 | −22.28% |
| 2024 | 2024-03-31 | 6.65 | 1.07 | +19.16% |
| 2023 | 2023-03-31 | 5.58 | −3.33 | −37.34% |
| 2022 | 2022-03-31 | 8.91 | — | — |
| 2020 | 2020-03-31 | 12.16 | 5.96 | +96.15% |
| 2019 | 2019-03-31 | 6.20 | −0.38 | −5.75% |
| 2018 | 2018-03-31 | 6.58 | −0.89 | −11.89% |
| 2017 | 2017-03-31 | 7.47 | −12.73 | −63.02% |
| 2016 | 2016-03-31 | 20.20 | 11.60 | +135.03% |
| 2015 | 2015-03-31 | 8.59 | 1.75 | +25.59% |
| 2014 | 2014-03-31 | 6.84 | 2.30 | +50.57% |
| 2013 | 2013-03-31 | 4.54 | −2.24 | −33.05% |
| 2012 | 2012-03-31 | 6.79 | — | — |
NGL Energy Partners LP quarterly debt-to-ebitda ratio
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 8.33 | 3.46 | +71.10% |
| Q4 2026 | 2026-03-31 | 9.24 | 4.07 | +78.71% |
| Q3 2026 | 2025-12-31 | 4.74 | −2.90 | −37.98% |
| Q2 2026 | 2025-09-30 | 4.83 | −2.58 | −34.80% |
| Q1 2026 | 2025-06-30 | 4.87 | −2.13 | −30.44% |
| Q4 2025 | 2025-03-31 | 5.17 | −1.48 | −22.28% |
| Q3 2025 | 2024-12-31 | 7.64 | 2.40 | +45.63% |
| Q2 2025 | 2024-09-30 | 7.40 | 2.03 | +37.69% |
| Q1 2025 | 2024-06-30 | 7.00 | 1.43 | +25.65% |
| Q4 2024 | 2024-03-31 | 6.65 | 1.07 | +19.16% |
| Q3 2024 | 2023-12-31 | 5.25 | −0.41 | −7.27% |
| Q2 2024 | 2023-09-30 | 5.38 | −1.31 | −19.59% |
| Q1 2024 | 2023-06-30 | 5.57 | −1.04 | −15.69% |
| Q4 2023 | 2023-03-31 | 5.58 | −3.33 | −37.34% |
| Q3 2023 | 2022-12-31 | 5.66 | −6.92 | −55.01% |
| Q2 2023 | 2022-09-30 | 6.68 | — | — |
| Q1 2023 | 2022-06-30 | 6.61 | — | — |
| Q4 2022 | 2022-03-31 | 8.91 | — | — |
| Q3 2022 | 2021-12-31 | 12.58 | — | — |
| Q2 2021 | 2020-09-30 | 12.41 | 6.55 | +111.56% |
| Q1 2021 | 2020-06-30 | 14.02 | 7.57 | +117.17% |
| Q4 2020 | 2020-03-31 | 12.16 | 5.96 | +96.15% |
| Q3 2020 | 2019-12-31 | 6.78 | 2.46 | +57.00% |
| Q2 2020 | 2019-09-30 | 5.87 | 0.44 | +8.12% |
| Q1 2020 | 2019-06-30 | 6.46 | −2.71 | −29.58% |
| Q4 2019 | 2019-03-31 | 6.20 | −0.38 | −5.75% |
| Q3 2019 | 2018-12-31 | 4.32 | −11.07 | −71.95% |
| Q2 2019 | 2018-09-30 | 5.43 | −19.74 | −78.43% |
| Q1 2019 | 2018-06-30 | 9.17 | −5.09 | −35.71% |
| Q4 2018 | 2018-03-31 | 6.58 | −0.89 | −11.89% |
| Q3 2018 | 2017-12-31 | 15.39 | −1.36 | −8.15% |
| Q2 2018 | 2017-09-30 | 25.16 | 13.00 | +106.81% |
| Q1 2018 | 2017-06-30 | 14.26 | 5.07 | +55.15% |
| Q4 2017 | 2017-03-31 | 7.47 | −15.30 | −67.19% |
| Q3 2017 | 2016-12-31 | 16.75 | 9.00 | +116.17% |
| Q2 2017 | 2016-09-30 | 12.17 | 3.53 | +40.89% |
| Q1 2017 | 2016-06-30 | 9.19 | 0.55 | +6.36% |
| Q4 2016 | 2016-03-31 | 22.76 | 13.82 | +154.49% |
| Q3 2016 | 2015-12-31 | 7.75 | −2.65 | −25.49% |
| Q2 2016 | 2015-09-30 | 8.64 | −0.37 | −4.11% |
| Q1 2016 | 2015-06-30 | 8.64 | 2.76 | +46.87% |
| Q4 2015 | 2015-03-31 | 8.94 | 2.10 | +30.72% |
| Q3 2015 | 2014-12-31 | 10.40 | 2.70 | +35.10% |
| Q2 2015 | 2014-09-30 | 9.01 | 4.20 | +87.58% |
| Q1 2015 | 2014-06-30 | 5.89 | 1.67 | +39.50% |
| Q4 2014 | 2014-03-31 | 6.84 | 2.30 | +50.57% |
| Q3 2014 | 2013-12-31 | 7.70 | 0.76 | +10.97% |
| Q2 2014 | 2013-09-30 | 4.80 | −5.08 | −51.39% |
| Q1 2014 | 2013-06-30 | 4.22 | −15.34 | −78.43% |
| Q4 2013 | 2013-03-31 | 4.54 | −2.24 | −33.05% |
| Q3 2013 | 2012-12-31 | 6.94 | — | — |
| Q2 2013 | 2012-09-30 | 9.88 | — | — |
| Q1 2013 | 2012-06-30 | 19.56 | — | — |
| Q4 2012 | 2012-03-31 | 6.79 | — | — |
NGL Energy Partners LP debt-to-ebitda ratio trends
Between the periods ended 2012-03-31 and 2026-03-31, NGL Energy Partners LP's debt-to-ebitda ratio increased from 6.79 to 9.24, a change of 2.45. The latest reported quarter, Q1 2027, shows 8.33.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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