Basis: Trailing twelve months (TTM net income over TTM revenue). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 13.49% is 74% above its 5-year average of 7.77%, near the high end of its 5-year range (-5.76%–17.22%).
2.55% below its 12-month average of 13.84%.
Reported quarterly profit margin; no daily interpolation. Q2 FY2026 (2026-06-30): 17.22%.
NET PROFIT MARGIN
13.49%
NET PROFIT MARGIN AVG TTM
13.84%
NET PROFIT MARGIN AVG 3Y
9.82%
NET PROFIT MARGIN AVG 5Y
7.77%
NET PROFIT MARGIN AVG 10Y
3.63%
NET PROFIT MARGIN AVG 15Y
2.22%
NET PROFIT MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-2.55%
CURRENT VS 3Y AVG
+37.31%
CURRENT VS 5Y AVG
+73.62%
CURRENT VS 10Y AVG
+271.41%
CURRENT VS 15Y AVG
+508.99%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
11.68%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+15.50%
vs the sector median at left
Targa Resources Corp.
Market Cap
$62.24B
Net Profit Margin
13.49%
TTM Avg
13.84%
3Y Avg
9.82%
5Y Avg
7.77%
Market Cap
$62.73B
Net Profit Margin
22.46%
TTM Avg
28.63%
3Y Avg
21.34%
5Y Avg
22.58%
Market Cap
$56.64B
Net Profit Margin
11.17%
TTM Avg
10.02%
3Y Avg
6.20%
5Y Avg
-4.05%
Market Cap
$56.48B
Net Profit Margin
28.79%
TTM Avg
11.10%
3Y Avg
18.79%
5Y Avg
-0.41%
Market Cap
$70.50B
Net Profit Margin
19.31%
TTM Avg
17.69%
3Y Avg
16.05%
5Y Avg
12.57%
Market Cap
$71.78B
Net Profit Margin
5.57%
TTM Avg
5.88%
3Y Avg
5.51%
5Y Avg
4.75%
Market Cap
$52.32B
Net Profit Margin
9.27%
TTM Avg
20.68%
3Y Avg
31.22%
5Y Avg
-0.56%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Targa Resources Corp. (TRGP) | $62.24B | 13.49% | 13.84% | 9.82% | 7.77% |
| TC Energy Corporation (TRP)vs › | $62.73B | 22.46% | 28.63% | 21.34% | 22.58% |
| MPLX Lp (MPLX)vs › | $60.49B | 36.75% | 40.58% | 39.06% | 29.97% |
| ONEOK, Inc. (OKE)vs › | $57.82B | 9.29% | 12.06% | 11.68% | 10.44% |
| Baker Hughes Company (BKR)vs › | $56.64B | 11.17% | 10.02% | 6.20% | -4.05% |
| Occidental Petroleum Corporation (OXY)vs › | $56.48B | 28.79% | 11.10% | 18.79% | -0.41% |
| Kinder Morgan, Inc. (KMI)vs › | $70.50B | 19.31% | 17.69% | 16.05% | 12.57% |
| Energy Transfer LP (ET)vs › | $71.78B | 5.57% | 5.88% | 5.51% | 4.75% |
| Diamondback Energy, Inc. (FANG)vs › | $52.32B | 9.27% | 20.68% | 31.22% | -0.56% |
| Devon Energy Corporation (DVN)vs › | $51.95B | 16.67% | 16.75% | 22.36% | 9.50% |
Operating Margin
23.1%
Net Profit Margin
13.5%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 17.22% |
| 2026-03-31 | 11.71% |
| 2025-12-31 | 13.44% |
| 2025-09-30 | 11.32% |
| 2025-06-30 | 15.53% |
| 2025-03-31 | 4.10% |
| 2024-12-31 | 7.97% |
| 2024-09-30 | 9.89% |
| 2024-06-30 | 8.19% |
| 2024-03-31 | 6.03% |
| 2023-12-31 | 6.56% |
| 2023-09-30 | 5.61% |
| 2023-06-30 | 10.15% |
| 2023-03-31 | 0.15% |
| 2022-12-31 | 6.98% |
| 2022-09-30 | 3.60% |
| 2022-06-30 | 9.57% |
| 2022-03-31 | 1.77% |
| 2021-12-31 | -5.76% |
| 2021-09-30 | 4.01% |
| 2021-06-30 | 1.59% |
| 2021-03-31 | 3.89% |
| 2020-12-31 | 1.15% |
| 2020-09-30 | 3.45% |
| 2020-06-30 | 5.57% |
| 2020-03-31 | -92.00% |
| 2019-12-31 | -4.56% |
| 2019-09-30 | -2.41% |
| 2019-06-30 | -0.52% |
| 2019-03-31 | -1.70% |
| 2018-12-31 | -4.10% |
| 2018-09-30 | -0.79% |
| 2018-06-30 | 4.45% |
| 2018-03-31 | 0.92% |
| 2017-12-31 | 10.30% |
| 2017-09-30 | -7.85% |
| 2017-06-30 | 3.09% |
| 2017-03-31 | -5.63% |
| 2016-12-31 | -7.49% |
| 2016-09-30 | -0.65% |
| 2016-06-30 | -1.47% |
| 2016-03-31 | -0.19% |
| 2015-12-31 | 1.63% |
| 2015-09-30 | 0.78% |
| 2015-06-30 | 0.89% |
| 2015-03-31 | 0.19% |
| 2014-12-31 | 1.26% |
| 2014-09-30 | 1.34% |
| 2014-06-30 | 1.28% |
| 2014-03-31 | 0.83% |
| 2013-12-31 | 0.94% |
| 2013-09-30 | 1.05% |
| 2013-06-30 | 1.04% |
| 2013-03-31 | 0.96% |
| 2012-12-31 | 0.73% |
| 2012-09-30 | 0.62% |
| 2012-06-30 | 0.65% |
| 2012-03-31 | 0.58% |
| 2011-12-31 | 0.44% |
| 2011-09-30 | 0.29% |
| 2011-06-30 | 0.61% |
| 2011-03-31 | 0.42% |
| 2010-12-31 | -0.51% |
| 2010-09-30 | -1.43% |
| 2010-06-30 | -0.94% |
| 2010-03-31 | 1.48% |
| 2009-12-31 | 1.17% |
| 2009-09-30 | -0.04% |