Targa Resources (TRGP) Net Margin (2010 - 2026)

Targa Resources (TRGP) has 17 years of Net Margin data on file, last reported at 11.71% in Q1 2026.

• On a quarterly basis, Net Margin rose 733.0% year-over-year to 11.71% in Q1 2026; TTM through Mar 2026 was 12.87%, a 552.0% increase from a year earlier, with the FY2025 full-year figure at 10.88%, up 307.0% from the prior year.
• Net Margin for Q1 2026 stood at 11.71%, down from 13.44% in the prior quarter.
• Over the last five years, Net Margin for TRGP reached as high as 14.77% in Q2 2025 and fell as low as 0.14% in Q1 2023.
• Historically, Net Margin has averaged 7.45% across 5 years, with a median of 6.98% in 2022.
• On a YoY basis, Net Margin climbed as much as 1314 bps in 2022 and fell as far as 317 bps in 2022.
• Year by year, Net Margin stood at 6.98% in 2022, then retreated by 5 bps to 6.61% in 2023, then increased by 9 bps to 7.22% in 2024, then jumped by 86 bps to 13.44% in 2025, then declined by 13 bps to 11.71% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 11.71% in Q1 2026, 13.44% in Q4 2025, and 11.52% in Q3 2025.