NGL Energy Partners price to free cash flow NGL

Market value divided by free cash flow over the last twelve months, since 2012.

Today, Oct 23, 2026: 19.0×
6-year median: 5.1×
Against its 6-year history: 87th; percentile: 0 is its lowest day, 100 its highest
6-year range: 1.1× to 116×
Peer median: 26.3×

NGL Energy Partners' price to free cash flow is 19.0× as of Oct 23, 2026.

That is above its 6-year median of 5.1×, higher than on 87% of days in the last 6 years.

Over that time it ranged from 1.1× in Nov 2023 to 116× in Mar 2022.

The median for 10 oil and gas pipeline stocks of a similar size is 26.3×.

Price to free cash flow over time

median 5.1×

The dashed line is the 6-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	19.0×	5.2×	22.1×
2025	5.1×	4.1×	59.1×
2024	50.8×	1.4×	51.6×
2023	1.6×	1.1×	9.6×
2022	6.7×	2.1×	116×
2021	11.7×	1.9×	14.4×
2020	1.7×	1.6×	2.0×
2019	n/m a value too high to mean anything
2018	n/m a value too high to mean anything
2017	n/m a value too high to mean anything
2016	7.2×	7.0×	9.2×
2015	7.6×	6.3×	61.0×
2014	55.5×	51.6×	230×
2013	213×	17.6×	213×
2012	16.9×	8.0×	28.2×

Against its peers

Companies in Oil & Gas Midstream nearest NGL Energy Partners' size, closest first, today.

Company	Price to free cash flow
NGLNGL Energy Partners	19.0×
CTRICenturi	n/m
GELGenesis Energy	5.1×
CPKChesapeake Utilities	n/m
KGSKodiak Gas Services	n/m
AROCArchrock	17.5×
SWXSouthwest Gas	n/m
KNTKKinetik	57.7×
AMAntero Midstream	n/m
DTMDT Midstream	26.3×
RGCORGC Resources	118×
Peer median	26.3×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on NGL Energy Partners

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.