Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
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) Net Margin (2016 - 2026)

Targa Resources has reported Net Margin over the past 12 years, most recently at 13.44% for Q4 2025.

  • Quarterly Net Margin rose 622.0% to 13.44% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 10.88% through Dec 2025, up 307.0% year-over-year, with the annual reading at 10.88% for FY2025, 307.0% up from the prior year.
  • Net Margin was 13.44% for Q4 2025 at Targa Resources, up from 11.52% in the prior quarter.
  • Over five years, Net Margin peaked at 14.77% in Q2 2025 and troughed at 6.16% in Q4 2021.
  • The 5-year median for Net Margin is 6.09% (2022), against an average of 5.84%.
  • The largest YoY upside for Net Margin was 8980bps in 2021 against a maximum downside of -613bps in 2021.
  • A 5-year view of Net Margin shows it stood at 6.16% in 2021, then skyrocketed by 213bps to 6.98% in 2022, then dropped by -5bps to 6.61% in 2023, then increased by 9bps to 7.22% in 2024, then skyrocketed by 86bps to 13.44% in 2025.
  • Per Business Quant, the three most recent readings for TRGP's Net Margin are 13.44% (Q4 2025), 11.52% (Q3 2025), and 14.77% (Q2 2025).