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Targa Resources Corp. logo

Targa Resources Corp. (TRGP) Gross Margin

Annual Gross Margin

21.77%1.77%+8.85%

Summary

Current Value
As of today, TRGP annual gross margin is 21.77%, up +8.85% on
Historical Performance
TRGP annual gross margin is up +122.60% over the past 3 years, up +18.32% over the past 5 years
All-Time High Comparison
TRGP annual gross margin is currently at its all-time high
3-Year Low Comparison
TRGP annual gross margin is +122.60% above its 3-year low of 9.78% reached on an earlier date
Sector Comparison
TRGP annual gross margin is higher than 47.11% of companies in Energy sector

Gross Margin Chart

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SUGGESTED SERIES

Performance

TRGP Performance
MetricDateValue1Y3Y5Y15Y
Annual Gross Margin21.77%+8.8%+122.6%+18.3%+102.3%
Quarterly Gross Margin25.15%+23.9%+1222.8%+0.5%+253.2%
Price$234.74+31.6%+219.2%+582.4%+629.0%
PE Ratio27.58-11.1%+46.6%
Annual Revenue$17.19B+3.4%-17.9%+107.8%+214.8%
Annual Gross Profit$3.71B+11.5%+81.0%+143.5%+530.9%
Annual Operating Margin19.56%+10.4%+135.7%+27.8%+468.6%
Annual Net Margin11.49%+23.7%+57.2%+171.7%+890.5%

Gross Margin Highs

TRGP Annual Gross Margin Highs Comparison
PeriodHighDateCurrent
3Y21.77%at high
5Y21.77%at high
All21.77%at high

Gross Margin Lows

TRGP Annual Gross Margin Lows Comparison
PeriodLowDateCurrent
3Y9.78%N/A+122.6%
5Y9.78%+122.6%
All4.30%+406.3%

Gross Margin History

YearValueChange
21.77%+8.9%
20.00%+23.2%
16.23%+66.0%
9.78%-18.5%
12.00%-34.8%
18.40%+100.9%
9.16%+24.1%
7.38%+24.5%
5.93%-4.0%
6.18%-22.4%
YearValueChange
7.96%-13.7%
9.22%+18.5%
7.78%+1.0%
7.70%+10.5%
6.97%-35.2%
10.76%+43.7%
7.49%+74.2%
4.30%-16.7%
5.16%-

FAQ

  • What is the current annual gross margin of TRGP?

    As of today, TRGP annual gross margin is 21.77%

  • What is 1-year change in TRGP annual gross margin?

    TRGP annual gross margin is up +8.85% year-over-year

  • What is 3-year change in TRGP annual gross margin?

    TRGP annual gross margin is up +122.60% over the past 3 years

  • How far is TRGP annual gross margin from its all-time high?

    TRGP annual gross margin is currently at its all-time high

  • How does TRGP annual gross margin rank versus sector peers?

    TRGP annual gross margin is higher than 47.11% of companies in Energy sector

  • When is TRGP next annual earnings release?

    As of today, the next annual earnings release for TRGP has not been scheduled

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue
× 100%

Data Sources & References

  1. TRGP Official Website www.targaresources.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1389170/000119312526059296/0001193125-26-059296-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1389170/000119312526059296/0001193125-26-059296-index.htm
  4. TRGP Profile on Yahoo Finance finance.yahoo.com/quote/TRGP
  5. TRGP Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/trgp