Targa Resources Corp. (TRGP) Gross margin 2016–2025
Targa Resources Corp. (TRGP) gross margin by fiscal year — reported gross profit divided by reported revenue.
38.3%FY2025 · since FY2016: 26.4% → 38.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 38.3% | +14.0 pp |
| FY2024 | 24.3% | +3.3 pp |
| FY2023 | 21.0% | +6.2 pp |
| FY2022 | 14.8% | +0.1 pp |
| FY2021 | 14.7% | -9.9 pp |
| FY2020 | 24.6% | -10.0 pp |
| FY2019 | 34.5% | +10.5 pp |
| FY2018 | 24.0% | -0.5 pp |
| FY2017 | 24.5% | -2.0 pp |
| FY2016 | 26.4% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice
More TRGP financial trends
TRGP RevenueTRGP Net incomeTRGP Net marginTRGP Gross profitTRGP Operating incomeTRGP Operating marginTRGP Operating cash flowTRGP Free cash flowTRGP Capital expendituresTRGP Return on equityTRGP Stock buybacksTRGP Dividends paidTRGP Total assetsTRGP Total liabilitiesTRGP Shareholders’ equityTRGP overview →