Targa Resources Gross Margin History
TRGP / Energy|4 years of SEC 10-K data (FY2016-FY2019)
29.4% in FY2019 with a 3-year CAGR of -2.2%. Ranks 2nd among 10 companies in Energy.
Improved from 21.7% to 29.4% over the past 2 years.
Targa Resources's gross margin of 29.4% is higher than 80% of companies in the Energy sector (FY2019). Gross Margin returned to growth in FY2019 after 2 years of decline, reaching 29.4%.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 1.19 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 63.9%
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year Change
- -2.2pp
- 5-Year Change
- -
- 10-Year Change
- -
Gross Margin Trend
Top 20% in EnergyTop 20% of 10This company 29.4% Sector average 16.5%
▼
+78.6% above sector average
Key Insights
- In FY2019, gross margin increased 37.4% year-over-year.
- Currently 13.0pp above the Energy sector average.
Annual Data
| Year | Gross Margin | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | - | - |
| FY2019 | 29.4% | +37.4% |
| FY2018 | 21.4% | -1.1% |
| FY2017 | 21.7% | -31.6% |
| FY2016 | 31.6% | - |
As of FY2019 · SEC 10-K · Updated Feb 28, 2026