NGL Energy Partners
NGL
Operating Margin for NGL Energy Partners (NGL)
Operating Margin as of May 2024 (TTM): 3.35%
According to NGL Energy Partners 's latest financial reports and stock price the company's current Operating Margin is 3.35%. At the end of 2022 the company had an Operating Margin of -2.30%.
Operating Margin history for NGL Energy Partners from 2010 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -2.30% | -81.21% |
| 2021 | -12.26% | 415.96% |
| 2020 | -2.38% | 813.19% |
| 2019 | -0.26% | -34.01% |
| 2018 | -0.39% | -135.21% |
| 2017 | 1.12% | -170.14% |
| 2016 | -1.60% | -1121.42% |
| 2015 | 0.16% | -69.49% |
| 2014 | 0.51% | -54.79% |
| 2013 | 1.13% | 75.44% |
| 2012 | 0.65% | |
| 2010 | 0.99% | -10.12% |
| 2009 | 1.11% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Martin Midstream Partners MMLP | 0.35% | -89.55% | 🇺🇸 USA |
 Blueknight Energy Partners BKEP | 30.14% | 799.70% | 🇺🇸 USA |
 Cheniere Energy
LNG | 43.58% | 1,200.90% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.