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

Targa Resources' EBT Margin history runs 13 years deep, the most recent figure standing at 14.93% for Q1 2026.

• In Q1 2026, EBT Margin rose 721.0% year-over-year to 14.93%; the TTM figure through Mar 2026 stood at 16.58% (up 513.0% YoY), while the FY2025 annual figure was 14.6%, up 277.0% from the prior year.
• EBT Margin came in at 14.93% for Q1 2026 at Targa Resources, down from 17.07% in the prior quarter.
• Over five years, EBT Margin peaked at 19.28% in Q2 2025 and troughed at 3.86% in Q1 2022.
• The 5-year median for EBT Margin is 12.72% (2024), against an average of 11.83%.
• The widest annual swing landed in 2022, when EBT Margin jumped 1365 bps; it then plunged 562 bps in 2024.
• A 5-year view of EBT Margin shows it stood at 8.91% in 2022, then advanced by 22 bps to 10.85% in 2023, then rose by 10 bps to 11.9% in 2024, then soared by 43 bps to 17.07% in 2025, then slipped by 13 bps to 14.93% in 2026.
• Per Business Quant data, the three most recent EBT Margin figures were 14.93% in Q1 2026, 17.07% in Q4 2025, and 14.96% in Q3 2025.