Targa Resources (TRGP) Return on Sales [ROS] (2014 - 2026)
Targa Resources (TRGP) posted Return on Sales [ROS] of 27.80% for Q2 2026, up 3.54 percentage points from 24.26% a year earlier and up 7.12 percentage points from the prior quarter.
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Analysis
Targa Resources (TRGP) Return on Sales [ROS] (2014 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Return on Sales [ROS] at Targa Resources was 22.91%, up 5.31 percentage points year-over-year; for FY2025, it was 19.56%, up 3.11 percentage points from FY2024.
- Annual Return on Sales [ROS] has increased for five consecutive years, with a five-year change of +35.35 percentage points (FY2020 to FY2025).
- In prior years, Targa Resources' Return on Sales [ROS] was 16.45% in FY2024 (+0.10 pp), 16.35% in FY2023 (+8.09 pp), 8.26% in FY2022 (+3.16 pp) and 5.10% in FY2021 (+20.88 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Sales [ROS] in data going back to Q1 2014.
- On a year-over-year basis, Return on Sales [ROS] has increased in each of the last five quarters, with an average year-over-year change of +3.96 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Sales [ROS] in the past five years was Q4 2022, with a gain of 13.79 percentage points; the weakest was Q4 2021, with a drop of 11.99 percentage points.
- According to Business Quant data, Return on Sales [ROS] for the three prior quarters was 20.68% (Q1 2026), 22.62% (Q4 2025) and 20.16% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.05 Bn | 98.59 Bn | 4.84 Bn | 9.93% |
| 2 | Williams Companies | 84.68 Bn | 83.39 Bn | 2.54 Bn | 38.72% |
| 3 | Enterprise Products Partners | 77.03 Bn | 75.46 Bn | - | 12.31% |
| 4 | Energy Transfer | 69.18 Bn | 62.61 Bn | 7.40 Bn | 10.41% |
| 5 | Kinder Morgan | 67.95 Bn | 68.90 Bn | 3.07 Bn | 30.06% |
| 6 | Tc Energy | 61.01 Bn | 64.08 Bn | 2.81 Bn | 135.28% |
| 7 | Targa Resources | 59.91 Bn | 59.53 Bn | 2.14 Bn | 27.80% |
| 8 | Mplx | 57.11 Bn | 50.67 Bn | 2.91 Bn | 41.61% |
| 9 | Cheniere Energy | 56.26 Bn | 56.39 Bn | 5.29 Bn | 74.84% |
| 10 | Oneok | 54.95 Bn | 53.44 Bn | 2.81 Bn | 13.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.80% |
| Mar 31, 2026 | 20.68% |
| Dec 31, 2025 | 22.62% |
| Sep 30, 2025 | 20.16% |
| Jun 30, 2025 | 24.26% |
| Mar 31, 2025 | 11.91% |
| Dec 31, 2024 | 15.90% |
| Sep 30, 2024 | 18.91% |
| Jun 30, 2024 | 17.61% |
| Mar 31, 2024 | 14.01% |
| Dec 31, 2023 | 14.99% |
| Sep 30, 2023 | 12.96% |
| Jun 30, 2023 | 19.07% |
| Mar 31, 2023 | 18.51% |
| Dec 31, 2022 | 12.11% |
| Sep 30, 2022 | 8.02% |
| Jun 30, 2022 | 7.46% |
| Mar 31, 2022 | 5.96% |
| Dec 31, 2021 | -1.68% |
| Sep 30, 2021 | 8.22% |
API Access
Targa Resources Return on Sales [ROS] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();