Targa Resources, Inc. TRGP

277.84 (5.31) (1.88%) as of 25 Sep
Market cap
$60.7B
P/E
26.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Targa Resources, Inc. (TRGP) Revenue growth

Targa Resources, Inc.'s revenue growth over the twelve months to 30 June 2026 was −1.97%, down 5.9 percentage points from fiscal 2025 (3.95%). Over the past ten years it has ranged from −23.3% (fiscal 2023) to 105.2% (fiscal 2021); the current reading is higher than 64% of that period. That is below the Oil & Gas Midstream industry median of 15.4% and below the Energy sector median of 9.87%.

Revenue growth, annual

Annual

Period Revenue growth Change (points)
FY2025 3.95% 1.95
FY2024 2.00% 25.27
FY2023 −23.3% (46.75)
FY2022 23.5% (81.72)
FY2021 105.2% 109.94
FY2020 −4.74% 12.55
FY2019 −17.3% (36.22)
FY2018 18.9% (12.81)
FY2017 31.7% 31.25
FY2016 0.49% 23.21

Quarterly

Period Revenue growth Change (points)
Jun 2026 4.23% 14.46
Mar 2026 −10.2% (2.29)
Dec 2025 −7.94% (15.71)
Sep 2025 7.77% (11.83)
42 more quarters

Against its own ten years

Low −23.3% High 105.2%
Ten-year median 2.00%
Current reading's percentile 64

Revenue growth against peers

Company Revenue growth
OKE ONEOK, Inc. compare 40.8%
ET Energy Transfer LP compare 33.3%
TRP TC Energy Corporation compare 24.0%
LNG Cheniere Energy, Inc. compare 17.5%
KMI Kinder Morgan, Inc. compare 12.5%
WMB Williams Companies, Inc. (The) compare 8.72%
MPLX MPLX LP compare 8.71%
EPD Enterprise Products Partners L.P. compare 6.78%
TRGP Targa Resources, Inc. −1.97%
Oil & Gas Midstream industry median 15.4%
Energy sector median 9.87%
Market median 7.41%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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