Targa Resources (TRGP) Gross Margin (2016 - 2025)
Targa Resources (TRGP) has disclosed Gross Margin for 12 consecutive years, with 43.1% as the latest value for Q4 2025.
- On a quarterly basis, Gross Margin fell 6481.0% to 43.1% in Q4 2025 year-over-year; TTM through Dec 2025 was 38.29%, a 980.0% increase, with the full-year FY2025 number at 38.29%, up 980.0% from a year prior.
- Gross Margin was 43.1% for Q4 2025 at Targa Resources, up from 39.62% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 107.91% in Q4 2024 to a low of 30.27% in Q3 2024.
- A 5-year average of 21.18% and a median of 12.05% in 2023 define the central range for Gross Margin.
- Biggest YoY gain for Gross Margin was 6990bps in 2025; the steepest drop was -6481bps in 2025.
- Targa Resources' Gross Margin stood at 24.26% in 2021, then soared by 95bps to 47.26% in 2022, then surged by 32bps to 62.19% in 2023, then surged by 74bps to 107.91% in 2024, then plummeted by -60bps 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).