vs

Side-by-side financial comparison of APTARGROUP, INC. (ATR) and NGL Energy Partners LP (NGL). Click either name above to swap in a different company.

APTARGROUP, INC. is the larger business by last-quarter revenue ($982.9M vs $909.8M, roughly 1.1× NGL Energy Partners LP). APTARGROUP, INC. runs the higher net margin — 7.4% vs 5.2%, a 2.2% gap on every dollar of revenue. On growth, APTARGROUP, INC. posted the faster year-over-year revenue change (10.8% vs -41.3%). APTARGROUP, INC. produced more free cash flow last quarter ($53.3M vs $45.7M). Over the past eight quarters, APTARGROUP, INC.'s revenue compounded faster (3.9% CAGR vs -6.4%).

AptarGroup, Inc., also known as Aptar, is a United States–based global manufacturer of consumer dispensing packaging and drug delivery devices. The group has manufacturing operations in 18 countries.

NGL Energy Partners LP is a U.S.-based midstream energy services firm. It offers transportation, storage, and logistics solutions for crude oil, natural gas liquids, and renewable fuels, plus water management services for upstream energy producers, operating primarily across North American markets.

ATR vs NGL — Head-to-Head

Bigger by revenue
ATR
ATR
1.1× larger
ATR
$982.9M
$909.8M
NGL
Growing faster (revenue YoY)
ATR
ATR
+52.0% gap
ATR
10.8%
-41.3%
NGL
Higher net margin
ATR
ATR
2.2% more per $
ATR
7.4%
5.2%
NGL
More free cash flow
ATR
ATR
$7.6M more FCF
ATR
$53.3M
$45.7M
NGL
Faster 2-yr revenue CAGR
ATR
ATR
Annualised
ATR
3.9%
-6.4%
NGL

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
ATR
ATR
NGL
NGL
Revenue
$982.9M
$909.8M
Net Profit
$72.8M
$47.2M
Gross Margin
29.0%
Operating Margin
10.9%
12.1%
Net Margin
7.4%
5.2%
Revenue YoY
10.8%
-41.3%
Net Profit YoY
-7.5%
249.3%
EPS (diluted)
$1.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATR
ATR
NGL
NGL
Q1 26
$982.9M
Q4 25
$962.7M
$909.8M
Q3 25
$961.1M
$674.7M
Q2 25
$966.0M
$622.2M
Q1 25
$887.3M
$971.1M
Q4 24
$848.1M
$982.4M
Q3 24
$909.3M
$756.5M
Q2 24
$910.1M
$759.2M
Net Profit
ATR
ATR
NGL
NGL
Q1 26
$72.8M
Q4 25
$74.3M
$47.2M
Q3 25
$127.9M
$29.3M
Q2 25
$111.7M
$68.9M
Q1 25
$78.8M
$13.7M
Q4 24
$100.9M
$13.5M
Q3 24
$100.0M
$2.5M
Q2 24
$90.5M
$9.7M
Gross Margin
ATR
ATR
NGL
NGL
Q1 26
Q4 25
29.0%
Q3 25
37.6%
Q2 25
38.5%
Q1 25
26.9%
Q4 24
25.1%
Q3 24
30.9%
Q2 24
29.0%
Operating Margin
ATR
ATR
NGL
NGL
Q1 26
10.9%
Q4 25
11.0%
12.1%
Q3 25
14.2%
14.0%
Q2 25
14.9%
15.7%
Q1 25
12.8%
8.4%
Q4 24
14.2%
8.6%
Q3 24
15.2%
10.8%
Q2 24
13.8%
10.8%
Net Margin
ATR
ATR
NGL
NGL
Q1 26
7.4%
Q4 25
7.7%
5.2%
Q3 25
13.3%
4.3%
Q2 25
11.6%
11.1%
Q1 25
8.9%
1.4%
Q4 24
11.9%
1.4%
Q3 24
11.0%
0.3%
Q2 24
9.9%
1.3%
EPS (diluted)
ATR
ATR
NGL
NGL
Q1 26
$1.12
Q4 25
$1.13
Q3 25
$1.92
Q2 25
$1.67
Q1 25
$1.17
Q4 24
$1.48
Q3 24
$1.48
Q2 24
$1.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATR
ATR
NGL
NGL
Cash + ST InvestmentsLiquidity on hand
$229.5M
$6.5M
Total DebtLower is stronger
$2.9B
Stockholders' EquityBook value
$2.6B
Total Assets
$5.1B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATR
ATR
NGL
NGL
Q1 26
$229.5M
Q4 25
$409.5M
$6.5M
Q3 25
$264.8M
$8.7M
Q2 25
$169.8M
$5.4M
Q1 25
$136.8M
$13.5M
Q4 24
$226.2M
$5.7M
Q3 24
$327.9M
$4.5M
Q2 24
$223.9M
$5.3M
Total Debt
ATR
ATR
NGL
NGL
Q1 26
Q4 25
$1.1B
$2.9B
Q3 25
$546.0M
$2.9B
Q2 25
$535.1M
$2.9B
Q1 25
$561.2M
$3.0B
Q4 24
$688.1M
$3.1B
Q3 24
$822.7M
$3.1B
Q2 24
$681.5M
$3.0B
Stockholders' Equity
ATR
ATR
NGL
NGL
Q1 26
$2.6B
Q4 25
$2.7B
Q3 25
$2.8B
Q2 25
$2.7B
Q1 25
$2.5B
Q4 24
$2.5B
Q3 24
$2.5B
Q2 24
$2.4B
Total Assets
ATR
ATR
NGL
NGL
Q1 26
$5.1B
Q4 25
$5.3B
$4.4B
Q3 25
$5.1B
$4.3B
Q2 25
$4.9B
$4.2B
Q1 25
$4.5B
$4.6B
Q4 24
$4.4B
$4.8B
Q3 24
$4.6B
$4.9B
Q2 24
$4.5B
$4.8B
Debt / Equity
ATR
ATR
NGL
NGL
Q1 26
Q4 25
0.43×
Q3 25
0.20×
Q2 25
0.20×
Q1 25
0.22×
Q4 24
0.28×
Q3 24
0.32×
Q2 24
0.28×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATR
ATR
NGL
NGL
Operating Cash FlowLast quarter
$182.3M
Free Cash FlowOCF − Capex
$53.3M
$45.7M
FCF MarginFCF / Revenue
5.4%
5.0%
Capex IntensityCapex / Revenue
6.7%
15.0%
Cash ConversionOCF / Net Profit
3.86×
TTM Free Cash FlowTrailing 4 quarters
$327.0M
$126.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATR
ATR
NGL
NGL
Q1 26
Q4 25
$183.7M
$182.3M
Q3 25
$177.6M
$40.5M
Q2 25
$126.0M
$33.2M
Q1 25
$82.7M
$155.0M
Q4 24
$178.2M
$153.8M
Q3 24
$229.3M
$6.7M
Q2 24
$143.6M
$-18.1M
Free Cash Flow
ATR
ATR
NGL
NGL
Q1 26
$53.3M
Q4 25
$96.9M
$45.7M
Q3 25
$114.3M
$9.5M
Q2 25
$62.5M
$11.1M
Q1 25
$25.9M
$60.4M
Q4 24
$112.2M
$152.1M
Q3 24
$162.7M
$-82.9M
Q2 24
$75.4M
$-78.0M
FCF Margin
ATR
ATR
NGL
NGL
Q1 26
5.4%
Q4 25
10.1%
5.0%
Q3 25
11.9%
1.4%
Q2 25
6.5%
1.8%
Q1 25
2.9%
6.2%
Q4 24
13.2%
15.5%
Q3 24
17.9%
-11.0%
Q2 24
8.3%
-10.3%
Capex Intensity
ATR
ATR
NGL
NGL
Q1 26
6.7%
Q4 25
9.0%
15.0%
Q3 25
6.6%
4.6%
Q2 25
6.6%
3.6%
Q1 25
6.4%
9.7%
Q4 24
7.8%
0.2%
Q3 24
7.3%
11.8%
Q2 24
7.5%
7.9%
Cash Conversion
ATR
ATR
NGL
NGL
Q1 26
Q4 25
2.47×
3.86×
Q3 25
1.39×
1.38×
Q2 25
1.13×
0.48×
Q1 25
1.05×
11.29×
Q4 24
1.77×
11.39×
Q3 24
2.29×
2.74×
Q2 24
1.59×
-1.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATR
ATR

Segment breakdown not available.

NGL
NGL

Water Solutions Segment$208.6M23%
Services$193.3M21%
Butane$192.5M21%
Service Fees$182.8M20%
Public Utilities Inventory Propane$93.9M10%
Crude Oil$23.3M3%
Crude Oil Transportation And Other$6.5M1%
Liquids Logistics Segment$2.5M0%
Crude Oil Logistics Segment$1.2M0%

Related Comparisons