Targa Resources Profit Margin History
TRGP / Energy|10 years of SEC 10-K data (FY2016-FY2025)
11.3% in FY2025 with a 5-year CAGR of +30.1%.
Improved from 8.4% to 11.3% over the past 2 years.
At 11.3%, Targa Resources's profit margin ranks #36 of 93 in the Energy sector. Profit Margin has fluctuated over the past 10 years, ranging from -18.8% in FY2020 to 11.3% 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 Change
- +5.6pp
- 5-Year Change
- +30.1pp
- 10-Year Change
- -
Profit Margin Trend
#36 of 93 in EnergyTop 39% of 93This company 11.3% Sector average 9.9%
▼
+14.5% above sector average
Key Insights
- In FY2025, profit margin increased 40.9% year-over-year.
- Currently 1.4pp above the Energy sector average.
- Lowest profit margin in the period was in FY2020.
Annual Data
| Year | Profit Margin | YoY Growth |
|---|---|---|
| FY2025 | 11.3% | +40.9% |
| FY2024 | 8.0% | -4.4% |
| FY2023 | 8.4% | +46.8% |
| FY2022 | 5.7% | +1259.5% |
| FY2021 | 0.4% | +102.2% |
| FY2020 | -18.8% | -680.5% |
| FY2019 | -2.4% | -12150.0% |
| FY2018 | 0.0% | -96.7% |
| FY2017 | 0.6% | +118.2% |
| FY2016 | -3.4% | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026