Targa Resources (TRGP) EBITDA Margin (2014 - 2026)

Targa Resources (TRGP) has 13 years of EBITDA Margin data on file, last reported at 28.57% in Q1 2026.

• EBITDA Margin for Q1 2026 came in at 28.57%, up 1038.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.39% (down 1013.0% YoY), and the FY2025 annual result was 10.05%, down 1281.0% from the prior year.
• EBITDA Margin advanced to 28.57% in Q1 2026 per TRGP's latest filing, from 39.03% in the prior quarter.
• Over five years, EBITDA Margin peaked at 31.12% in Q2 2025 and troughed at 39.03% in Q4 2025.
• A 5-year average of 14.45% and a median of 19.43% in 2024 frame the typical range for EBITDA Margin.
• The sharpest annual moves came in 2024 and 2025: EBITDA Margin jumped 5393 bps in 2024, then plunged 6140 bps in 2025.
• A 5-year view of EBITDA Margin shows it stood at 17.03% in 2022, then slumped by 285 bps to 31.55% in 2023, then surged by 171 bps to 22.38% in 2024, then slumped by 274 bps to 39.03% in 2025, then surged by 173 bps to 28.57% in 2026.
• Business Quant data shows TRGP's EBITDA Margin at 28.57% in Q1 2026, 39.03% in Q4 2025, and 27.44% in Q3 2025.