Targa Resources Corp. (TRGP) Return on equity 2016–2025
Targa Resources Corp. (TRGP) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
62.7%FY2025 · since FY2016: -3.6% → 62.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 62.7% | +12.1 pp |
| FY2024 | 50.6% | +1.5 pp |
| FY2023 | 49.1% | +4.3 pp |
| FY2022 | 44.8% | +41.3 pp |
| FY2021 | 3.5% | +62.1 pp |
| FY2020 | -58.6% | -54.3 pp |
| FY2019 | -4.3% | -4.3 pp |
| FY2018 | 0.0% | -0.9 pp |
| FY2017 | 0.9% | +4.4 pp |
| FY2016 | -3.6% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More TRGP financial trends
TRGP RevenueTRGP Net incomeTRGP Net marginTRGP Gross profitTRGP Gross marginTRGP Operating incomeTRGP Operating marginTRGP Operating cash flowTRGP Free cash flowTRGP Capital expendituresTRGP Stock buybacksTRGP Dividends paidTRGP Total assetsTRGP Total liabilitiesTRGP Shareholders’ equityTRGP overview →