Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

Targa Resources (TRGP) EBIT Margin (2010 - 2026)

Targa Resources' (TRGP) quarterly EBIT Margin came in at 27.8% in Q2 2026, up 354.0% year-over-year from 6.12% in Q2 2025, and up 34.43% quarter-over-quarter from 20.68% in Q1 2026.

Analysis

Targa Resources (TRGP) EBIT Margin (2010 - 2026) Analysis & Trends

Targa Resources (TRGP) has reported EBIT Margin for 17 consecutive years, with 27.8% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBIT Margin rose 354.0% year-over-year to 27.8% in Q2 2026; TTM through Jun 2026 was 22.91%, a 531.0% increase from a year earlier, with the FY2025 full-year figure at 19.56%, up 311.0% from the prior year.
  • EBIT Margin was 27.8% for Q2 2026 at Targa Resources, up from 20.68% in the prior quarter.
  • Over five years, EBIT Margin peaked at 27.8% in Q2 2026 and troughed at 5.96% in Q1 2022.
  • A 5-year average of 16.28% and a median of 16.75% in 2024 frame the typical range for EBIT Margin.
  • Across the five-year window, EBIT Margin jumped 1379 bps in 2022 and tumbled 449 bps in 2024, its largest moves.
  • Over 5 years, EBIT Margin stood at 12.11% in 2022, then gained by 24 bps to 14.99% in 2023, then gained by 6 bps to 15.9% in 2024, then surged by 42 bps to 22.62% in 2025, then climbed by 23 bps to 27.8% in 2026.
  • The last three EBIT Margin figures came in at 27.8% (Q2 2026), 20.68% (Q1 2026), and 22.62% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 30.06%
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 12.31%
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 10.41%
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 58.43%
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 27.80%
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 41.61%
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 13.22%
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 9.93%
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 37.45%
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 27.80%
Mar 31, 2026 20.68%
Dec 31, 2025 22.62%
Sep 30, 2025 20.16%
Jun 30, 2025 24.26%
Mar 31, 2025 11.91%
Dec 31, 2024 15.90%
Sep 30, 2024 18.91%
Jun 30, 2024 17.61%
Mar 31, 2024 14.01%
Dec 31, 2023 14.99%
Sep 30, 2023 12.96%
Jun 30, 2023 19.07%
Mar 31, 2023 18.51%
Dec 31, 2022 12.11%
Sep 30, 2022 8.02%
Jun 30, 2022 7.46%
Mar 31, 2022 5.96%
Dec 31, 2021 -1.68%
Sep 30, 2021 8.22%