Growth Metrics

Targa Resources (TRGP) EBT Margin (2016 - 2025)

Targa Resources (TRGP) has disclosed EBT Margin for 13 consecutive years, with 17.07% as the latest value for Q4 2025.

  • On a quarterly basis, EBT Margin rose 516.0% to 17.07% in Q4 2025 year-over-year; TTM through Dec 2025 was 14.6%, a 277.0% increase, with the full-year FY2025 number at 14.6%, up 277.0% from a year prior.
  • EBT Margin was 17.07% for Q4 2025 at Targa Resources, up from 14.96% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 19.28% in Q2 2025 to a low of 4.74% in Q4 2021.
  • A 5-year average of 9.97% and a median of 9.98% in 2023 define the central range for EBT Margin.
  • Biggest YoY gain for EBT Margin was 10994bps in 2021; the steepest drop was -1874bps in 2021.
  • Targa Resources' EBT Margin stood at 4.74% in 2021, then skyrocketed by 288bps to 8.9% in 2022, then increased by 22bps to 10.85% in 2023, then rose by 10bps to 11.9% in 2024, then soared by 43bps to 17.07% in 2025.
  • Per Business Quant, the three most recent readings for TRGP's EBT Margin are 17.07% (Q4 2025), 14.96% (Q3 2025), and 19.28% (Q2 2025).