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Side-by-side financial comparison of NGL Energy Partners LP (NGL) and VALLEY NATIONAL BANCORP (VLY). Click either name above to swap in a different company.

NGL Energy Partners LP is the larger business by last-quarter revenue ($909.8M vs $540.4M, roughly 1.7× VALLEY NATIONAL BANCORP). VALLEY NATIONAL BANCORP runs the higher net margin — 30.3% vs 5.2%, a 25.1% gap on every dollar of revenue. On growth, VALLEY NATIONAL BANCORP posted the faster year-over-year revenue change (13.0% vs -41.3%). Over the past eight quarters, VALLEY NATIONAL BANCORP's revenue compounded faster (16.0% CAGR vs -6.4%).

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.

North Valley Bancorp was a bank holding company headquartered in Redding, California. The company operated 22 branches. The company was acquired by TriCo Bancshares in October 2014, in a merger valued at more than $178 million.

NGL vs VLY — Head-to-Head

Bigger by revenue
NGL
NGL
1.7× larger
NGL
$909.8M
$540.4M
VLY
Growing faster (revenue YoY)
VLY
VLY
+54.2% gap
VLY
13.0%
-41.3%
NGL
Higher net margin
VLY
VLY
25.1% more per $
VLY
30.3%
5.2%
NGL
Faster 2-yr revenue CAGR
VLY
VLY
Annualised
VLY
16.0%
-6.4%
NGL

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
NGL
NGL
VLY
VLY
Revenue
$909.8M
$540.4M
Net Profit
$47.2M
$163.9M
Gross Margin
29.0%
Operating Margin
12.1%
Net Margin
5.2%
30.3%
Revenue YoY
-41.3%
13.0%
Net Profit YoY
249.3%
54.6%
EPS (diluted)
$0.29

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
NGL
NGL
VLY
VLY
Q1 26
$540.4M
Q4 25
$909.8M
$464.9M
Q3 25
$674.7M
$446.2M
Q2 25
$622.2M
$432.4M
Q1 25
$971.1M
$420.1M
Q4 24
$982.4M
$423.0M
Q3 24
$756.5M
$410.5M
Q2 24
$759.2M
$401.7M
Net Profit
NGL
NGL
VLY
VLY
Q1 26
$163.9M
Q4 25
$47.2M
$195.4M
Q3 25
$29.3M
$163.4M
Q2 25
$68.9M
$133.2M
Q1 25
$13.7M
$106.1M
Q4 24
$13.5M
$115.7M
Q3 24
$2.5M
$97.9M
Q2 24
$9.7M
$70.4M
Gross Margin
NGL
NGL
VLY
VLY
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
NGL
NGL
VLY
VLY
Q1 26
Q4 25
12.1%
47.7%
Q3 25
14.0%
47.1%
Q2 25
15.7%
40.0%
Q1 25
8.4%
33.1%
Q4 24
8.6%
21.1%
Q3 24
10.8%
30.9%
Q2 24
10.8%
23.2%
Net Margin
NGL
NGL
VLY
VLY
Q1 26
30.3%
Q4 25
5.2%
42.0%
Q3 25
4.3%
36.6%
Q2 25
11.1%
30.8%
Q1 25
1.4%
25.2%
Q4 24
1.4%
27.4%
Q3 24
0.3%
23.8%
Q2 24
1.3%
17.5%
EPS (diluted)
NGL
NGL
VLY
VLY
Q1 26
$0.29
Q4 25
$0.33
Q3 25
$0.28
Q2 25
$0.22
Q1 25
$0.18
Q4 24
$0.20
Q3 24
$0.18
Q2 24
$0.13

Balance Sheet & Financial Strength

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

Metric
NGL
NGL
VLY
VLY
Cash + ST InvestmentsLiquidity on hand
$6.5M
Total DebtLower is stronger
$2.9B
$2.6B
Stockholders' EquityBook value
$7.9B
Total Assets
$4.4B
$64.5B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGL
NGL
VLY
VLY
Q1 26
Q4 25
$6.5M
Q3 25
$8.7M
Q2 25
$5.4M
Q1 25
$13.5M
Q4 24
$5.7M
Q3 24
$4.5M
Q2 24
$5.3M
Total Debt
NGL
NGL
VLY
VLY
Q1 26
$2.6B
Q4 25
$2.9B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$3.0B
Q4 24
$3.1B
Q3 24
$3.1B
Q2 24
$3.0B
Stockholders' Equity
NGL
NGL
VLY
VLY
Q1 26
$7.9B
Q4 25
$7.8B
Q3 25
$7.7B
Q2 25
$7.6B
Q1 25
$7.5B
Q4 24
$7.4B
Q3 24
$7.0B
Q2 24
$6.7B
Total Assets
NGL
NGL
VLY
VLY
Q1 26
$64.5B
Q4 25
$4.4B
$64.1B
Q3 25
$4.3B
$63.0B
Q2 25
$4.2B
$62.7B
Q1 25
$4.6B
$61.9B
Q4 24
$4.8B
$62.5B
Q3 24
$4.9B
$62.1B
Q2 24
$4.8B
$62.1B
Debt / Equity
NGL
NGL
VLY
VLY
Q1 26
0.33×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGL
NGL
VLY
VLY
Q1 26
Q4 25
$182.3M
$196.6M
Q3 25
$40.5M
$5.2M
Q2 25
$33.2M
$159.2M
Q1 25
$155.0M
$-17.1M
Q4 24
$153.8M
$392.2M
Q3 24
$6.7M
$-157.2M
Q2 24
$-18.1M
$214.0M
Free Cash Flow
NGL
NGL
VLY
VLY
Q1 26
Q4 25
$45.7M
$187.5M
Q3 25
$9.5M
$2.3M
Q2 25
$11.1M
$156.0M
Q1 25
$60.4M
$-20.2M
Q4 24
$152.1M
$385.8M
Q3 24
$-82.9M
$-160.5M
Q2 24
$-78.0M
$211.3M
FCF Margin
NGL
NGL
VLY
VLY
Q1 26
Q4 25
5.0%
40.3%
Q3 25
1.4%
0.5%
Q2 25
1.8%
36.1%
Q1 25
6.2%
-4.8%
Q4 24
15.5%
91.2%
Q3 24
-11.0%
-39.1%
Q2 24
-10.3%
52.6%
Capex Intensity
NGL
NGL
VLY
VLY
Q1 26
Q4 25
15.0%
2.0%
Q3 25
4.6%
0.6%
Q2 25
3.6%
0.7%
Q1 25
9.7%
0.7%
Q4 24
0.2%
1.5%
Q3 24
11.8%
0.8%
Q2 24
7.9%
0.7%
Cash Conversion
NGL
NGL
VLY
VLY
Q1 26
Q4 25
3.86×
1.01×
Q3 25
1.38×
0.03×
Q2 25
0.48×
1.20×
Q1 25
11.29×
-0.16×
Q4 24
11.39×
3.39×
Q3 24
2.74×
-1.61×
Q2 24
-1.87×
3.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

VLY
VLY

Segment breakdown not available.

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