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

Targa Resources (TRGP) has 17 years of EBIT Margin data on file, last reported at 20.68% in Q1 2026.

• On a quarterly basis, EBIT Margin rose 877.0% year-over-year to 20.68% in Q1 2026; TTM through Mar 2026 was 21.95%, a 608.0% increase from a year earlier, with the FY2025 full-year figure at 19.56%, up 311.0% from the prior year.
• EBIT Margin for Q1 2026 stood at 20.68%, down from 22.62% in the prior quarter.
• Over the last five years, EBIT Margin for TRGP reached as high as 24.26% in Q2 2025 and fell as low as 5.96% in Q1 2022.
• Historically, EBIT Margin has averaged 15.6% across 5 years, with a median of 15.9% in 2024.
• Across the five-year window, EBIT Margin soared 1379 bps in 2022 and plunged 449 bps in 2024, its largest moves.
• Year by year, EBIT Margin stood at 12.11% in 2022, then increased by 24 bps to 14.99% in 2023, then increased by 6 bps to 15.9% in 2024, then soared by 42 bps to 22.62% in 2025, then slipped by 9 bps to 20.68% in 2026.
• Per Business Quant data, the three most recent EBIT Margin figures were 20.68% in Q1 2026, 22.62% in Q4 2025, and 20.16% in Q3 2025.