Company / Gross Profit
Targa Resources Gross Profit History
FY2016-FY2019 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$2.6B
FY2019
5-year range
-
FY2016-FY2019
Trend
+33.7%
vs FY2018
Sector context
#1 of 12
Energy
What the data says
Among 12 Energy companies, Targa Resources is in the top 8% for gross profit. Improved from $1.9B to $2.6B over the past 2 years.
Based on SEC 10-K filings.
$2.6B in FY2019 with a 3-year CAGR of +13.0%. Ranks 1st among 12 companies in Energy.
Improved from $1.9B to $2.6B over the past 2 years.
Energy sector context is included.
Gross Profit over time
Growth rates
- 3-Year CAGR
- +13.0%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 8% in EnergyTop 8% of 12This company $2.6B Sector average $465.5M
▼
+448.3% above sector average
Key checks
Key Insights
- 3-year CAGR of +13.0%, indicating consistent growth.
- In FY2019, gross profit increased 33.7% year-over-year.
- Ranks #1 out of 12 companies in the Energy sector.
Company context
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.
Annual data
| Year | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | - | - |
| FY2019 | $2.6B | +33.7% |
| FY2018 | $1.9B | +0.0% |
| FY2017 | $1.9B | +8.0% |
| FY2016 | $1.8B | -2.9% |
As of FY2019 · SEC 10-K · Updated Jun 30, 2026