TTM
13.0%
YoY change
+3.13pp
Trough year (2020)
-18.8%
Peak year (2025)
10.8%
Latest annual
10.8%
Net Profit Margin history chart for Targa Resources (TRGP) from 2008 to 2025
Latest: 10.8%
Net Profit Margin change chart for Targa Resources (TRGP) from 2008 to 2025
Latest: +3.13pp
Net Profit Margin history table for Targa Resources (TRGP) from 2008 to 2025
| 2025 | 10.8% | +3.13pp | ||
| 2024 | 7.6% | +2.33pp | ||
| 2023 | 5.3% | +0.03pp | ||
| 2022 | 5.3% | +4.86pp | ||
| 2021 | 0.4% | +19.19pp | ||
| 2020 | -18.8% | -16.37pp | ||
| 2019 | -2.4% | -2.43pp | ||
| 2018 | 0.0% | -0.59pp | ||
| 2017 | 0.6% | +3.43pp | ||
| 2016 | -2.8% | -3.70pp | ||
| 2015 | 0.9% | -0.30pp | ||
| 2014 | 1.2% | +0.19pp | ||
| 2013 | 1.0% | +0.34pp | ||
| 2012 | 0.7% | +0.21pp | ||
| 2011 | 0.4% | +0.71pp | ||
| 2010 | -0.3% | -0.92pp | ||
| 2009 | 0.6% | +0.18pp | ||
| 2008 | 0.5% | — |
- 202510.8%+3.13pp
- 20247.6%+2.33pp
- 20235.3%+0.03pp
- 20225.3%+4.86pp
- 20210.4%+19.19pp
- 2020-18.8%-16.37pp
- 2019-2.4%-2.43pp
- 20180.0%-0.59pp
- 20170.6%+3.43pp
- 2016-2.8%-3.70pp
- 20150.9%-0.30pp
- 20141.2%+0.19pp
- 20131.0%+0.34pp
- 20120.7%+0.21pp
- 20110.4%+0.71pp
- 2010-0.3%-0.92pp
- 20090.6%+0.18pp
- 20080.5%—
Net Profit Margin values are taken from Targa Resources's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Profit Margin at Targa Resources (TRGP)
According to Targa Resources's latest reported financial statements, the company's latest reported net margin is 13.0%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Targa Resources (TRGP) net margin totalled 10.76% – expanded 3.1 percentage points year-over-year.
The record annual net margin stands at 10.76%, reached in 2025; the historical low of -18.78% was recorded in 2020.
Targa Resources Net Profit Margin by Year
Targa Resources Net Profit Margin 2025: 10.8%
2025's net margin for Targa Resources came in at 10.76%, expanded 3.1 percentage points from 2024. This figure represents the highest annual value in the available history.
Targa Resources Net Profit Margin 2024: 7.6%
Targa Resources posted net margin of 7.64% in 2024, expanded 2.3 percentage points from 2023.
Targa Resources Net Profit Margin 2023: 5.3%
In 2023, Targa Resources reported net margin of 5.30%, expanded 0.0 percentage points from 2022.
Targa Resources Net Profit Margin 2022: 5.3%
Targa Resources net margin in 2022 was 5.27%, expanded 4.9 percentage points from 2021.
Targa Resources Net Profit Margin 2021: 0.4%
Targa Resources net margin in 2021 was 0.41%.
See more financial history for Targa Resources (TRGP).
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