Targa Resources (TRGP) Gross Margin (2016 - 2025)
Historic Gross Margin for Targa Resources (TRGP) over the last 12 years, with Q3 2025 value amounting to 39.62%.
- Targa Resources' Gross Margin rose 235500.0% to 39.62% in Q3 2025 from the same period last year, while for Sep 2025 it was 44.46%, marking a year-over-year increase of 183600.0%. This contributed to the annual value of 28.49% for FY2024, which is 33900.0% up from last year.
- Per Targa Resources' latest filing, its Gross Margin stood at 39.62% for Q3 2025, which was up 235500.0% from 42.82% recorded in Q2 2025.
- In the past 5 years, Targa Resources' Gross Margin ranged from a high of 67.06% in Q4 2024 and a low of 7.11% during Q4 2021
- Its 5-year average for Gross Margin is 22.35%, with a median of 12.96% in 2023.
- Per our database at Business Quant, Targa Resources' Gross Margin crashed by -229100bps in 2021 and then skyrocketed by 368000bps in 2022.
- Over the past 5 years, Targa Resources' Gross Margin (Quarter) stood at 7.11% in 2021, then surged by 517bps to 43.92% in 2022, then surged by 33bps to 58.62% in 2023, then rose by 14bps to 67.06% in 2024, then tumbled by -41bps to 39.62% in 2025.
- Its Gross Margin stands at 39.62% for Q3 2025, versus 42.82% for Q2 2025 and 28.58% for Q1 2025.