Targa Resources Revenue History
TRGP / Energy|10 years of SEC 10-K data (FY2016-FY2025)
$17.0B in FY2025 with a 5-year CAGR of +15.6%. Top quartile in the Energy sector.
Improved from $16.1B to $17.0B over the past 2 years.
Targa Resources's revenue of $17.0B is higher than 80% of companies in the Energy sector (FY2025). Revenue has fluctuated over the past 10 years, ranging from $5.6B in FY2016 to $20.9B in FY2022.
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
- -6.6%
- 5-Year CAGR
- +15.6%
- 10-Year CAGR
- -
Revenue Trend
Top 20% in EnergyTop 20% of 94This company $17.0B Sector average $16.2B
▼
+4.9% above sector average
Key Insights
- 5-year CAGR of +15.6%, indicating consistent growth.
- In FY2025, revenue increased 3.9% year-over-year.
- Ranks #19 out of 94 companies in the Energy sector.
- Peak revenue was recorded in FY2022.
Annual Data
| Year | Revenue | YoY Growth |
|---|---|---|
| FY2025 | $17.0B | +3.9% |
| FY2024 | $16.4B | +2.0% |
| FY2023 | $16.1B | -23.3% |
| FY2022 | $20.9B | +23.5% |
| FY2021 | $16.9B | +105.2% |
| FY2020 | $8.3B | -4.7% |
| FY2019 | $8.7B | -17.3% |
| FY2018 | $10.5B | +18.9% |
| FY2017 | $8.8B | +57.8% |
| FY2016 | $5.6B | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026