Targa Resources Corp. (TRGP) Net Profit Margin: 12.98%
Is Targa Resources Corp.’s net profit margin high or low?
Targa Resources Corp.'s net profit margin of 12.98% is 635% above its 5-year average of 1.77%, near the high end of its 5-year range (-18.78%–12.98%).
As of Tuesday, June 23, 2026. 41.09% above its 12-month average of 9.20%.
TRGP Net Profit Margin Chart
TRGP Average Net Profit Margin Chart
TRGP Current vs Average Net Profit Margin Chart
TRGP Net Profit Margin Metrics
NET PROFIT MARGIN
12.98%
NET PROFIT MARGIN AVG TTM
9.20%
NET PROFIT MARGIN AVG 3Y
7.24%
NET PROFIT MARGIN AVG 5Y
1.77%
NET PROFIT MARGIN AVG 10Y
0.63%
NET PROFIT MARGIN AVG 15Y
0.79%
NET PROFIT MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+41.09%
CURRENT VS 3Y AVG
+79.22%
CURRENT VS 5Y AVG
+634.72%
CURRENT VS 10Y AVG
+1972.28%
CURRENT VS 15Y AVG
+1541.44%
CURRENT VS 20Y AVG
N/A
TRGP Competitors' Net Profit Margin
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Targa Resources Corp. (TRGP) | $56.78B | 12.98% | 9.20% | 7.24% | 1.77% |
| ONEOK, Inc. (OKE)vs › | $54.37B | 10.04% | 12.06% | 11.68% | 10.44% |
| Occidental Petroleum Corporation (OXY)vs › | $51.72B | 20.31% | 11.10% | 18.79% | -0.41% |
| Cameco Corporation (CCJ)vs › | $47.48B | 18.49% | 11.21% | 10.28% | 5.21% |
| Suncor Energy Inc. (SU)vs › | $66.39B | 12.16% | 11.98% | 14.11% | 8.24% |
| Phillips 66 (PSX)vs › | $67.52B | 3.04% | 2.41% | 4.01% | 1.83% |
| EOG Resources, Inc. (EOG)vs › | $70.52B | 23.41% | 24.73% | 27.13% | 21.02% |
| SLB N.V. (SLB)vs › | $71.69B | 9.20% | 10.84% | 11.65% | 1.73% |
| Kinder Morgan, Inc. (KMI)vs › | $71.75B | 18.92% | 17.69% | 16.05% | 12.57% |
| Marathon Petroleum Corporation (MPC)vs › | $72.19B | 3.41% | 2.76% | 5.06% | 2.38% |
Margin Comparison
Operating Margin
21.1%
Net Profit Margin
13.0%
Targa Resources Corp. Net Profit Margin Formula & Definition
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
Targa Resources Corp. Net Profit Margin FAQ
- What is the net profit margin for Targa Resources Corp. (TRGP)?
- The net profit margin for TRGP stock is 12.98%.
- Is Targa Resources Corp.'s net profit margin high or low?
- Targa Resources Corp.'s net profit margin of 12.98% is 635% above its 5-year average of 1.77%, near the high end of its 5-year range (-18.78%–12.98%).
- What is the TTM average net profit margin for Targa Resources Corp. (TRGP)?
- The TTM average net profit margin for TRGP stock is 9.20%.
- What is the 3Y average net profit margin for Targa Resources Corp. (TRGP)?
- The 3Y average net profit margin for TRGP stock is 7.24%.
- What is the 5Y average net profit margin for Targa Resources Corp. (TRGP)?
- The 5Y average net profit margin for TRGP stock is 1.77%.
- What is the 10Y average net profit margin for Targa Resources Corp. (TRGP)?
- The 10Y average net profit margin for TRGP stock is 0.63%.
- What is the 15Y average net profit margin for Targa Resources Corp. (TRGP)?
- The 15Y average net profit margin for TRGP stock is 0.79%.
Targa Resources Corp. Net Profit Margin History
| DATE | NET PROFIT MARGIN |
|---|---|
| 2025-12-31 | 10.76% |
| 2024-12-31 | 7.64% |
| 2023-12-31 | 5.30% |
| 2022-12-31 | 5.27% |
| 2021-12-31 | 0.41% |
| 2020-12-31 | -18.78% |
| 2019-12-31 | -2.41% |
| 2018-12-31 | 0.02% |
| 2017-12-31 | 0.61% |
| 2016-12-31 | -2.82% |
| 2015-12-31 | 0.89% |
| 2014-12-31 | 1.19% |
| 2013-12-31 | 1.00% |
| 2012-12-31 | 0.65% |
| 2011-12-31 | 0.44% |
| 2010-12-31 | -0.27% |
| 2009-12-31 | 0.65% |
| 2008-12-31 | 0.47% |
Related Metrics
About Targa Resources Corp.
Targa Resources Corp., alongside its subsidiary Targa Resources Partners LP, is a significant entity in the North American midstream energy sector, focusing on the ownership, operation, acquisition, and development of crucial energy infrastructure assets. Its business is structured into two main divisions: "Gathering and Processing" and "Logistics and Transportation." Within these segments, the company undertakes a broad range of activities, including the collection, compression, treatment, processing, transport, and sale of natural gas. It also manages the storage, fractionation, treatment, transportation, and distribution of natural gas liquids (NGLs) and their associated products, providing services even to liquefied petroleum gas (LPG) exporters. Furthermore, Targa handles the gathering, storage, terminaling, purchasing, and selling of crude oil. Beyond these core operations, the company is involved in the procurement and resale of NGL products, wholesale propane distribution, and providing related logistics support to a diverse clientele, including multi-state retailers, independent businesses, and end-users. It also offers NGL balancing services and transportation solutions for refineries and petrochemical companies situated in the Gulf Coast region, while actively purchasing, marketing, and reselling natural gas. The company's extensive asset base features approximately 28,400 miles of natural gas pipelines, including 42 owned and managed processing plants, and it operates 34 storage wells with a substantial gross capacity of about 76 million barrels. As of December 31, 2021, its transportation fleet comprised approximately 648 leased and managed railcars, 119 transport tractors, and two company-owned pressurized NGL barges. Targa Resources Corp. was established in 2005 and is headquartered in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- CEO
- Matthew J. Meloy