NGL Historical Income Statement

NGL Stock

USD 4.44 0.01 0.22%

Historical analysis of NGL Energy income statement accounts such as Total Revenue of 8.3 B can show how well NGL Energy Partners performed in making a profits. Evaluating NGL Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NGL Energy's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining NGL Energy Partners latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NGL Energy Partners is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NGL Energy Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About NGL Income Statement Analysis

NGL Energy Partners Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NGL Energy shareholders. The income statement also shows NGL investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

NGL Energy Income Statement Chart

At this time, NGL Energy's Cost Of Revenue is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 852.8 M this year, although the value of Selling General Administrative will most likely fall to about 85.4 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Preferred Stock And Other Adjustments Non Operating Income Net Other

Total Revenue

Total revenue comprises all receipts NGL Energy Partners generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of NGL Energy Partners minus its cost of goods sold. It is profit before NGL Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NGL Energy Partners. It is also known as NGL Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from NGL Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NGL Energy Partners current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NGL Energy Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

	2021	2022	2023	2024 (projected)
Interest Expense	254.7M	258.7M	269.9M	139.2M
Depreciation And Amortization	289.0M	273.9M	282.7M	296.9M

Interest Expense Depreciation And Amortization

NGL Energy income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Operating Income Net Other	Minority Interest	Tax Provision	Interest Income	Discontinued Operations	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.51	0.02	-0.03	0.38	-0.04	0.32	-0.23	0.35	-0.05	0.52	-0.35	-0.45	-0.48	-0.29	-0.35	-0.44	-0.29	0.14	0.1	0.88	-0.18	-0.76	0.76
Interest Expense	0.51		0.46	0.37	0.71	0.36	0.5	0.28	0.56	0.34	0.56	-0.42	-0.53	-0.29	-0.14	-0.61	-0.43	0.0	0.02	0.71	0.38	-0.18	-0.74	0.36
Selling General Administrative	0.02	0.46		0.79	0.76	0.78	0.1	0.44	0.43	0.77	0.67	-0.06	-0.16	0.02	-0.34	-0.68	-0.1	0.64	-0.18	0.45	-0.16	0.01	-0.01	-0.18
Total Revenue	-0.03	0.37	0.79		0.47	1.0	0.03	0.28	0.25	1.0	0.41	0.06	0.19	0.14	-0.32	-0.59	0.12	0.69	-0.04	0.36	-0.26	-0.03	0.02	-0.17
Gross Profit	0.38	0.71	0.76	0.47		0.46	0.53	0.51	0.71	0.44	0.69	-0.08	-0.54	-0.1	-0.32	-0.69	-0.18	0.37	-0.18	0.46	0.25	-0.17	-0.42	0.11
Other Operating Expenses	-0.04	0.36	0.78	1.0	0.46		0.01	0.27	0.24	1.0	0.4	0.06	0.2	0.14	-0.31	-0.58	0.12	0.68	-0.03	0.36	-0.26	-0.02	0.03	-0.17
Operating Income	0.32	0.5	0.1	0.03	0.53	0.01		0.37	0.54	0.0	0.28	0.3	-0.16	0.22	0.11	-0.31	0.21	-0.08	0.45	0.38	0.21	-0.17	-0.46	0.12
Ebit	-0.23	0.28	0.44	0.28	0.51	0.27	0.37		0.83	0.26	0.42	0.37	-0.34	0.46	0.34	-0.24	0.37	0.52	-0.03	0.59	-0.09	-0.06	-0.23	-0.43
Ebitda	0.35	0.56	0.43	0.25	0.71	0.24	0.54	0.83		0.23	0.7	0.16	-0.58	0.17	0.16	-0.43	0.1	0.34	0.05	0.63	0.42	-0.16	-0.66	0.03
Cost Of Revenue	-0.05	0.34	0.77	1.0	0.44	1.0	0.0	0.26	0.23		0.39	0.07	0.22	0.15	-0.31	-0.57	0.13	0.68	-0.03	0.35	-0.28	-0.02	0.04	-0.18
Total Operating Expenses	0.52	0.56	0.67	0.41	0.69	0.4	0.28	0.42	0.7	0.39		-0.14	-0.47	-0.18	0.0	-0.61	-0.22	0.3	-0.07	0.64	0.49	-0.18	-0.59	0.3
Income Before Tax	-0.35	-0.42	-0.06	0.06	-0.08	0.06	0.3	0.37	0.16	0.07	-0.14		0.56	0.84	0.44	0.21	0.97	0.51	0.19	-0.05	-0.19	0.21	0.28	-0.59
Total Other Income Expense Net	-0.45	-0.53	-0.16	0.19	-0.54	0.2	-0.16	-0.34	-0.58	0.22	-0.47	0.56		0.56	0.12	0.28	0.63	0.22	0.31	-0.31	-0.51	0.39	0.63	-0.48
Net Income	-0.48	-0.29	0.02	0.14	-0.1	0.14	0.22	0.46	0.17	0.15	-0.18	0.84	0.56		0.44	0.12	0.86	0.42	0.36	0.11	-0.39	0.59	0.31	-0.83
Income Tax Expense	-0.29	-0.14	-0.34	-0.32	-0.32	-0.31	0.11	0.34	0.16	-0.31	0.0	0.44	0.12	0.44		0.13	0.48	0.0	0.05	0.41	0.05	0.08	-0.16	-0.27
Selling And Marketing Expenses	-0.35	-0.61	-0.68	-0.59	-0.69	-0.58	-0.31	-0.24	-0.43	-0.57	-0.61	0.21	0.28	0.12	0.13		0.27	-0.2	0.03	-0.46	-0.13	0.06	0.34	-0.17
Net Income From Continuing Ops	-0.44	-0.43	-0.1	0.12	-0.18	0.12	0.21	0.37	0.1	0.13	-0.22	0.97	0.63	0.86	0.48	0.27		0.51	0.2	-0.04	-0.29	0.19	0.32	-0.64
Non Operating Income Net Other	-0.29	0.0	0.64	0.69	0.37	0.68	-0.08	0.52	0.34	0.68	0.3	0.51	0.22	0.42	0.0	-0.2	0.51		-0.34	0.27	-0.21	0.05	0.2	-0.44
Minority Interest	0.14	0.02	-0.18	-0.04	-0.18	-0.03	0.45	-0.03	0.05	-0.03	-0.07	0.19	0.31	0.36	0.05	0.03	0.2	-0.34		-0.01	-0.11	0.22	-0.07	-0.12
Tax Provision	0.1	0.71	0.45	0.36	0.46	0.36	0.38	0.59	0.63	0.35	0.64	-0.05	-0.31	0.11	0.41	-0.46	-0.04	0.27	-0.01		0.18	-0.02	-0.61	0.03
Interest Income	0.88	0.38	-0.16	-0.26	0.25	-0.26	0.21	-0.09	0.42	-0.28	0.49	-0.19	-0.51	-0.39	0.05	-0.13	-0.29	-0.21	-0.11	0.18		-0.17	-0.81	0.69
Discontinued Operations	-0.18	-0.18	0.01	-0.03	-0.17	-0.02	-0.17	-0.06	-0.16	-0.02	-0.18	0.21	0.39	0.59	0.08	0.06	0.19	0.05	0.22	-0.02	-0.17		0.26	-0.56
Net Interest Income	-0.76	-0.74	-0.01	0.02	-0.42	0.03	-0.46	-0.23	-0.66	0.04	-0.59	0.28	0.63	0.31	-0.16	0.34	0.32	0.2	-0.07	-0.61	-0.81	0.26		-0.61
Reconciled Depreciation	0.76	0.36	-0.18	-0.17	0.11	-0.17	0.12	-0.43	0.03	-0.18	0.3	-0.59	-0.48	-0.83	-0.27	-0.17	-0.64	-0.44	-0.12	0.03	0.69	-0.56	-0.61

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NGL Energy Account Relationship Matchups

NGL Energy income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	206.3K	317.5M	289.0M	273.9M	282.7M	296.9M
Interest Expense	181.2M	198.8M	254.7M	258.7M	269.9M	139.2M
Selling General Administrative	113.7M	70.5M	63.5M	71.8M	121.9M	85.4M
Total Revenue	7.6B	5.2B	7.9B	8.7B	7.0B	8.3B
Gross Profit	714.3M	416.0M	519.9M	771.3M	723.3M	459.8M
Other Operating Expenses	7.3B	5.1B	7.8B	8.3B	6.8B	8.3B
Operating Income	261.4M	50.1M	164.0M	392.2M	177.6M	111.9M
Ebit	538.1M	(442.0M)	88.5M	328.2M	284.7M	299.0M
Ebitda	538.3M	(124.5M)	377.5M	602.1M	567.5M	595.8M
Cost Of Revenue	6.9B	4.8B	7.4B	7.9B	6.2B	7.9B
Total Operating Expenses	455.9M	331.3M	342.6M	395.2M	812.2M	852.8M
Income Before Tax	(180.2M)	(640.8M)	(183.1M)	52.8M	(140.7M)	(133.7M)
Total Other Income Expense Net	(441.6M)	(250.1M)	(266.2M)	(236.4M)	(318.3M)	(302.4M)
Net Income Applicable To Common Shares	(397.0M)	(639.8M)	(184.8M)	(73.2M)	(65.9M)	(69.2M)
Net Income	(180.5M)	(637.4M)	(184.1M)	51.4M	(143.8M)	(136.6M)
Income Tax Expense	345K	(3.4M)	971K	271K	2.4M	2.5M
Net Income From Continuing Ops	(180.5M)	(637.4M)	(184.1M)	52.5M	(143.1M)	(150.3M)
Non Operating Income Net Other	2.5M	1.3M	(51.3M)	5.5M	4.9M	8.1M
Minority Interest	1.8M	632K	655K	(1.1M)	(631K)	(662.6K)
Tax Provision	345K	(3.4M)	971K	271K	2.4M	2.5M
Interest Income	1.5M	191.3M	265.5M	266.5M	306.4M	321.7M
Discontinued Operations	(47.1M)	418.9M	(218.2M)	(1.8M)	(1.6M)	(1.5M)
Net Interest Income	(179.7M)	(198.8M)	(271.6M)	(275.4M)	(270.4M)	(284.0M)
Reconciled Depreciation	276.8M	331.2M	306.2M	290.9M	282.7M	311.9M

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When determining whether NGL Energy Partners is a strong investment it is important to analyze NGL Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NGL Energy's future performance. For an informed investment choice regarding NGL Stock, refer to the following important reports:

How To Invest In NGL

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Is NGL Stock a good investment?

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What is NGL Energy's Net Worth?

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You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NGL Energy. If investors know NGL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NGL Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.60)

Earnings Share

(2.34)

Revenue Per Share

50.855

Quarterly Revenue Growth

(0.14)

Return On Assets

0.0357

The market value of NGL Energy Partners is measured differently than its book value, which is the value of NGL that is recorded on the company's balance sheet. Investors also form their own opinion of NGL Energy's value that differs from its market value or its book value, called intrinsic value, which is NGL Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NGL Energy's market value can be influenced by many factors that don't directly affect NGL Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between NGL Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NGL Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NGL Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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NGL Historical Income Statement

About NGL Income Statement Analysis

NGL Energy Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

NGL Energy income statement Correlations

NGL Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NGL Energy income statement Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Net Income From Continuing Ops	+ 0.97	Income Before Tax
Interest Income	+ 0.88	Depreciation And Amortization
Net Income From Continuing Ops	+ 0.86	Net Income

Reconciled Depreciation	- 0.83	Net Income
Net Interest Income	- 0.81	Interest Income
Net Interest Income	- 0.76	Depreciation And Amortization
Net Interest Income	- 0.74	Interest Expense
Selling And Marketing Expenses	- 0.69	Gross Profit
Selling And Marketing Expenses	- 0.68	Selling General Administrative