Targa Resources Corp. (TRGP) Profit Margins
Over the twelve months to 2026-06-30, Targa Resources Corp. (TRGP) had gross margin 43.2%, operating margin 22.9%, net margin 13.5%, free cash flow margin 4.4%, according to EquiReason's reading of its SEC filings.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
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- Market cap
- 64.8B
- P/E TTM
- 28.9
- Dividend yield
- 1.4%
- 52-week
- —
- Next earnings
- 5 Nov, in 12 days
| Line | FY2018 Dec 18 | FY2019 Dec 19 | FY2020 Dec 20 | FY2021 Dec 21 | FY2022 Dec 22 | FY2023 Dec 23 | FY2024 Dec 24 | FY2025 Dec 25 | TTM Jun 26 | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 21.4% | 29.4% | 37.2% | 19.0% | 19.3% | 33.5% | 34.7% | 38.3% | 43.2% | |
| Operating margin | 2.3% | 2.2% | -15.8% | 5.1% | 8.3% | 16.4% | 16.5% | 19.6% | 22.9% | |
| Net margin | 0.0% | -2.4% | -18.8% | 0.4% | 5.7% | 8.4% | 8.0% | 11.3% | 13.5% | |
| FCF margin | -18.8% | -17.2% | 9.6% | 10.6% | 5.0% | 5.1% | 4.2% | 3.4% | 4.4% |
USD billions · SEC XBRL
Targa Resources Corp. — questions
- What is Targa Resources Corp.'s gross margin?
- 43.2% over the twelve months to 2026-06-30.
- What is Targa Resources Corp.'s operating margin?
- 22.9% over the twelve months to 2026-06-30.
- What is Targa Resources Corp.'s net profit margin?
- 13.5% over the twelve months to 2026-06-30.
Every figure on this page comes from Targa Resources Corp.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.