Growth Metrics

Targa Resources (TRGP) Operating Margin (2016 - 2025)

Historic Operating Margin for Targa Resources (TRGP) over the last 13 years, with Q3 2025 value amounting to 20.16%.

  • Targa Resources' Operating Margin rose 12500.0% to 20.16% in Q3 2025 from the same period last year, while for Sep 2025 it was 17.92%, marking a year-over-year increase of 17000.0%. This contributed to the annual value of 16.45% for FY2024, which is 1000.0% up from last year.
  • According to the latest figures from Q3 2025, Targa Resources' Operating Margin is 20.16%, which was up 12500.0% from 24.26% recorded in Q2 2025.
  • In the past 5 years, Targa Resources' Operating Margin registered a high of 24.26% during Q2 2025, and its lowest value of 1.68% during Q4 2021.
  • For the 5-year period, Targa Resources' Operating Margin averaged around 12.9%, with its median value being 12.96% (2023).
  • Within the past 5 years, the most significant YoY rise in Targa Resources' Operating Margin was 1108700bps (2021), while the steepest drop was -119900bps (2021).
  • Targa Resources' Operating Margin (Quarter) stood at 1.68% in 2021, then skyrocketed by 819bps to 12.11% in 2022, then grew by 24bps to 14.99% in 2023, then increased by 6bps to 15.9% in 2024, then grew by 27bps to 20.16% in 2025.
  • Its Operating Margin stands at 20.16% for Q3 2025, versus 24.26% for Q2 2025 and 11.91% for Q1 2025.