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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

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

Targa Resources has reported Gross Margin over the past 12 years, most recently at 43.1% for Q4 2025.

  • Quarterly Gross Margin fell 1232.0% to 43.1% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 38.29% through Dec 2025, up 1671.0% year-over-year, with the annual reading at 38.29% for FY2025, 2392.0% up from the prior year.
  • Gross Margin was 43.1% for Q4 2025 at Targa Resources, up from 39.62% in the prior quarter.
  • Over five years, Gross Margin peaked at 55.42% in Q4 2024 and troughed at 1.31% in Q2 2024.
  • The 5-year median for Gross Margin is 12.09% (2024), against an average of 16.99%.
  • Year-over-year, Gross Margin plummeted -3246bps in 2021 and then soared 4413bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 7.11% in 2021, then surged by 198bps to 21.22% in 2022, then crashed by -40bps to 12.65% in 2023, then surged by 338bps to 55.42% in 2024, then dropped by -22bps to 43.1% in 2025.
  • Per Business Quant, the three most recent readings for TRGP's Gross Margin are 43.1% (Q4 2025), 39.62% (Q3 2025), and 42.82% (Q2 2025).