Targa Resources Gross Profit History
TRGP / Energy|4 years of SEC 10-K data (FY2016-FY2019)
$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.
Among 12 Energy companies, Targa Resources is in the top 8% for gross profit. Gross Profit has increased for 3 consecutive years, from $1.8B in FY2016 to $2.6B in FY2019.
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 CAGR
- +13.0%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Gross Profit Trend
Top 8% in EnergyTop 8% of 12This company $2.6B Sector average $465.0M
▼
+449.0% above sector average
Key Insights
- Targa Resources's gross profit has grown for 3 consecutive years.
- 3-year CAGR of +13.0%, indicating consistent growth.
- In FY2019, gross profit increased 13.7% year-over-year.
- Ranks #1 out of 12 companies in the Energy sector.
Annual Data
| Year | Gross Profit | YoY Growth |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | - | - |
| FY2019 | $2.6B | +13.7% |
| FY2018 | $2.2B | +17.7% |
| FY2017 | $1.9B | +8.0% |
| FY2016 | $1.8B | -2.9% |
As of FY2019 · SEC 10-K · Updated Feb 28, 2026