Targa Resources Net Income History
TRGP / Energy|10 years of SEC 10-K data (FY2016-FY2025)
$1.9B in FY2025 with a 3-year CAGR of +17.2%. Top quartile in the Energy sector.
Improved from $1.3B to $1.9B over the past 2 years.
Targa Resources's net income of $1.9B is higher than 83% of companies in the Energy sector (FY2025). Net Income has fluctuated over the past 10 years, ranging from -$1.6B in FY2020 to $1.9B in FY2025.
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
- +17.2%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Net Income Trend
Top 17% in EnergyTop 17% of 102This company $1.9B Sector average $1.1B
▼
+71.3% above sector average
Key Insights
- 3-year CAGR of +17.2%, indicating consistent growth.
- In FY2025, net income increased 46.6% year-over-year.
- Ranks #17 out of 102 companies in the Energy sector.
- Lowest net income in the period was in FY2020.
Annual Data
| Year | Net Income | YoY Growth |
|---|---|---|
| FY2025 | $1.9B | +46.6% |
| FY2024 | $1.3B | -2.5% |
| FY2023 | $1.3B | +12.6% |
| FY2022 | $1.2B | +1579.1% |
| FY2021 | $71.2M | +104.6% |
| FY2020 | -$1.6B | -642.8% |
| FY2019 | -$209.2M | -13175.0% |
| FY2018 | $1.6M | -97.0% |
| FY2017 | $54.0M | +128.8% |
| FY2016 | -$187.3M | -421.3% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026