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Side-by-side financial comparison of Genpact LTD (G) and NGL Energy Partners LP (NGL). Click either name above to swap in a different company.

Genpact LTD is the larger business by last-quarter revenue ($1.3B vs $909.8M, roughly 1.5× NGL Energy Partners LP). Genpact LTD runs the higher net margin — 10.8% vs 5.2%, a 5.7% gap on every dollar of revenue. On growth, Genpact LTD posted the faster year-over-year revenue change (5.6% vs -41.3%). Genpact LTD produced more free cash flow last quarter ($269.0M vs $45.7M). Over the past eight quarters, Genpact LTD's revenue compounded faster (8.0% CAGR vs -6.4%).

Genpact Ltd. is an American information technology services, consulting, and outsourcing company headquartered in New York City, New York. Founded in Gurgaon, India, and legally domiciled in Bermuda, Genpact employs more than 125,000 people and provides services to clients in over 30 countries worldwide. Genpact is listed on the NYSE and generated revenues of US$4.48 billion in 2023.

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.

G vs NGL — Head-to-Head

Bigger by revenue
G
G
1.5× larger
G
$1.3B
$909.8M
NGL
Growing faster (revenue YoY)
G
G
+46.9% gap
G
5.6%
-41.3%
NGL
Higher net margin
G
G
5.7% more per $
G
10.8%
5.2%
NGL
More free cash flow
G
G
$223.3M more FCF
G
$269.0M
$45.7M
NGL
Faster 2-yr revenue CAGR
G
G
Annualised
G
8.0%
-6.4%
NGL

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
G
G
NGL
NGL
Revenue
$1.3B
$909.8M
Net Profit
$143.1M
$47.2M
Gross Margin
36.6%
29.0%
Operating Margin
14.8%
12.1%
Net Margin
10.8%
5.2%
Revenue YoY
5.6%
-41.3%
Net Profit YoY
0.8%
249.3%
EPS (diluted)
$0.82

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
G
G
NGL
NGL
Q4 25
$1.3B
$909.8M
Q3 25
$1.3B
$674.7M
Q2 25
$1.3B
$622.2M
Q1 25
$1.2B
$971.1M
Q4 24
$1.2B
$982.4M
Q3 24
$1.2B
$756.5M
Q2 24
$1.2B
$759.2M
Q1 24
$1.1B
$1.0B
Net Profit
G
G
NGL
NGL
Q4 25
$143.1M
$47.2M
Q3 25
$145.8M
$29.3M
Q2 25
$132.7M
$68.9M
Q1 25
$130.9M
$13.7M
Q4 24
$141.9M
$13.5M
Q3 24
$132.8M
$2.5M
Q2 24
$122.0M
$9.7M
Q1 24
$116.9M
$-236.8M
Gross Margin
G
G
NGL
NGL
Q4 25
36.6%
29.0%
Q3 25
36.4%
37.6%
Q2 25
35.9%
38.5%
Q1 25
35.3%
26.9%
Q4 24
35.7%
25.1%
Q3 24
35.6%
30.9%
Q2 24
35.4%
29.0%
Q1 24
35.0%
21.8%
Operating Margin
G
G
NGL
NGL
Q4 25
14.8%
12.1%
Q3 25
14.8%
14.0%
Q2 25
14.3%
15.7%
Q1 25
15.1%
8.4%
Q4 24
15.2%
8.6%
Q3 24
15.0%
10.8%
Q2 24
14.5%
10.8%
Q1 24
14.1%
-9.4%
Net Margin
G
G
NGL
NGL
Q4 25
10.8%
5.2%
Q3 25
11.3%
4.3%
Q2 25
10.6%
11.1%
Q1 25
10.8%
1.4%
Q4 24
11.4%
1.4%
Q3 24
11.0%
0.3%
Q2 24
10.4%
1.3%
Q1 24
10.3%
-22.8%
EPS (diluted)
G
G
NGL
NGL
Q4 25
$0.82
Q3 25
$0.83
Q2 25
$0.75
Q1 25
$0.73
Q4 24
$0.80
Q3 24
$0.74
Q2 24
$0.67
Q1 24
$0.64

Balance Sheet & Financial Strength

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

Metric
G
G
NGL
NGL
Cash + ST InvestmentsLiquidity on hand
$1.2B
$6.5M
Total DebtLower is stronger
$1.5B
$2.9B
Stockholders' EquityBook value
$2.5B
Total Assets
$5.8B
$4.4B
Debt / EquityLower = less leverage
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
G
G
NGL
NGL
Q4 25
$1.2B
$6.5M
Q3 25
$740.8M
$8.7M
Q2 25
$663.3M
$5.4M
Q1 25
$561.6M
$13.5M
Q4 24
$671.6M
$5.7M
Q3 24
$1.0B
$4.5M
Q2 24
$914.2M
$5.3M
Q1 24
$478.4M
$38.9M
Total Debt
G
G
NGL
NGL
Q4 25
$1.5B
$2.9B
Q3 25
$1.2B
$2.9B
Q2 25
$1.2B
$2.9B
Q1 25
$1.2B
$3.0B
Q4 24
$1.2B
$3.1B
Q3 24
$1.6B
$3.1B
Q2 24
$1.6B
$3.0B
Q1 24
$1.2B
$2.9B
Stockholders' Equity
G
G
NGL
NGL
Q4 25
$2.5B
Q3 25
$2.5B
Q2 25
$2.6B
Q1 25
$2.5B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.3B
Q1 24
$2.3B
Total Assets
G
G
NGL
NGL
Q4 25
$5.8B
$4.4B
Q3 25
$5.4B
$4.3B
Q2 25
$5.3B
$4.2B
Q1 25
$4.9B
$4.6B
Q4 24
$5.0B
$4.8B
Q3 24
$5.3B
$4.9B
Q2 24
$5.2B
$4.8B
Q1 24
$4.7B
$5.0B
Debt / Equity
G
G
NGL
NGL
Q4 25
0.60×
Q3 25
0.47×
Q2 25
0.47×
Q1 25
0.50×
Q4 24
0.51×
Q3 24
0.68×
Q2 24
0.70×
Q1 24
0.54×

Cash Flow & Capital Efficiency

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

Metric
G
G
NGL
NGL
Operating Cash FlowLast quarter
$286.7M
$182.3M
Free Cash FlowOCF − Capex
$269.0M
$45.7M
FCF MarginFCF / Revenue
20.4%
5.0%
Capex IntensityCapex / Revenue
1.3%
15.0%
Cash ConversionOCF / Net Profit
2.00×
3.86×
TTM Free Cash FlowTrailing 4 quarters
$734.7M
$126.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
G
G
NGL
NGL
Q4 25
$286.7M
$182.3M
Q3 25
$308.4M
$40.5M
Q2 25
$177.4M
$33.2M
Q1 25
$40.4M
$155.0M
Q4 24
$203.2M
$153.8M
Q3 24
$228.5M
$6.7M
Q2 24
$209.3M
$-18.1M
Q1 24
$-25.6M
$152.2M
Free Cash Flow
G
G
NGL
NGL
Q4 25
$269.0M
$45.7M
Q3 25
$292.0M
$9.5M
Q2 25
$155.1M
$11.1M
Q1 25
$18.5M
$60.4M
Q4 24
$183.5M
$152.1M
Q3 24
$208.7M
$-82.9M
Q2 24
$190.0M
$-78.0M
Q1 24
$-49.6M
$119.8M
FCF Margin
G
G
NGL
NGL
Q4 25
20.4%
5.0%
Q3 25
22.6%
1.4%
Q2 25
12.4%
1.8%
Q1 25
1.5%
6.2%
Q4 24
14.7%
15.5%
Q3 24
17.2%
-11.0%
Q2 24
16.2%
-10.3%
Q1 24
-4.4%
11.5%
Capex Intensity
G
G
NGL
NGL
Q4 25
1.3%
15.0%
Q3 25
1.3%
4.6%
Q2 25
1.8%
3.6%
Q1 25
1.8%
9.7%
Q4 24
1.6%
0.2%
Q3 24
1.6%
11.8%
Q2 24
1.6%
7.9%
Q1 24
2.1%
3.1%
Cash Conversion
G
G
NGL
NGL
Q4 25
2.00×
3.86×
Q3 25
2.11×
1.38×
Q2 25
1.34×
0.48×
Q1 25
0.31×
11.29×
Q4 24
1.43×
11.39×
Q3 24
1.72×
2.74×
Q2 24
1.72×
-1.87×
Q1 24
-0.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

G
G

High Tech And Manufacturing$525.3M40%
Consumer And Healthcare$445.8M34%
Financial Services$348.2M26%

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%

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