Targa Resources, Inc. TRGP
277.84
(5.31)
(1.88%)
as of 25 Sep
- Market cap
- $60.7B
- P/E
- 26.5×
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Targa Resources, Inc. (TRGP) Net margin
Targa Resources, Inc.'s net margin over the twelve months to 30 June 2026 was 13.5%, up 2.7 percentage points from fiscal 2025 (10.8%). Over the past ten years it has ranged from −20.4% (fiscal 2020) to 10.8% (fiscal 2025) — the current reading is the highest in ten years. That is below the Oil & Gas Midstream industry median of 21.2% and above the Energy sector median of 7.06%.
Net margin, annual
Annual
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 10.8% | 3.06 |
| FY2024 | 7.75% | 2.59 |
| FY2023 | 5.16% | 0.88 |
| FY2022 | 4.28% | 4.37 |
| FY2021 | −0.09% | 20.31 |
| FY2020 | −20.4% | (16.55) |
| FY2019 | −3.85% | (2.71) |
| FY2018 | −1.14% | (0.42) |
| FY2017 | −0.72% | 3.44 |
| FY2016 | −4.16% | (5.04) |
Quarterly
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | 17.1% | 5.48 |
| Mar 2026 | 11.7% | (1.64) |
| Dec 2025 | 13.3% | 1.77 |
| Sep 2025 | 11.5% | (3.15) |
| 42 more quarters | Free account |
Against its own ten years
Low −20.4%
High 10.8%
Ten-year median
−0.09%
Current reading's percentile
100
Net margin against peers
| Company | Net margin |
|---|---|
| MPLX MPLX LP compare | 35.8% |
| WMB Williams Companies, Inc. (The) compare | 25.2% |
| TRP TC Energy Corporation compare | 22.2% |
| KMI Kinder Morgan, Inc. compare | 19.3% |
| LNG Cheniere Energy, Inc. compare | 13.5% |
| TRGP Targa Resources, Inc. | 13.5% |
| EPD Enterprise Products Partners L.P. compare | 10.7% |
| OKE ONEOK, Inc. compare | 9.29% |
| ET Energy Transfer LP compare | 4.70% |
| Oil & Gas Midstream industry median | 21.2% |
| Energy sector median | 7.06% |
| Market median | 0.55% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on TRGP
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement