Growth Metrics

Targa Resources (TRGP) EBITDA Margin (2016 - 2026)

Targa Resources has reported EBITDA Margin over the past 12 years, most recently at 39.03% for Q4 2025.

  • Quarterly EBITDA Margin fell 6140.0% to 39.03% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 10.05% through Dec 2025, down 1281.0% year-over-year, with the annual reading at 10.05% for FY2025, 1281.0% down from the prior year.
  • EBITDA Margin was 39.03% for Q4 2025 at Targa Resources, down from 27.44% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 31.12% in Q2 2025 and troughed at 39.03% in Q4 2025.
  • The 5-year median for EBITDA Margin is 17.61% (2025), against an average of 12.13%.
  • Year-over-year, EBITDA Margin soared 10612bps in 2021 and then plummeted -6140bps in 2025.
  • A 5-year view of EBITDA Margin shows it stood at 13.81% in 2021, then skyrocketed by 223bps to 17.03% in 2022, then plummeted by -285bps to 31.55% in 2023, then surged by 171bps to 22.38% in 2024, then crashed by -274bps to 39.03% in 2025.
  • Per Business Quant, the three most recent readings for TRGP's EBITDA Margin are 39.03% (Q4 2025), 27.44% (Q3 2025), and 31.12% (Q2 2025).