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Targa Resources Corp. (TRGP) Gross Margin

Annual Gross Margin:

20.00%+3.77%(+23.23%)
December 31, 2024

Summary

  • As of today, TRGP annual gross profit margin is 20.00%, with the most recent change of +3.77% (+23.23%) on December 31, 2024.
  • During the last 3 years, TRGP annual gross margin has risen by +8.00% (+66.67%).
  • TRGP annual gross margin is now at all-time high.

Performance

TRGP Gross Margin Chart

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Range

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Quarterly Gross Margin:

23.28%+1.10%(+4.96%)
September 30, 2025

Summary

  • As of today, TRGP quarterly gross profit margin is 23.28%, with the most recent change of +1.10% (+4.96%) on September 30, 2025.
  • Over the past year, TRGP quarterly gross margin has increased by +1.03% (+4.63%).
  • TRGP quarterly gross margin is now -6.99% below its all-time high of 25.03%, reached on December 31, 2020.

Performance

TRGP Quarterly Gross Margin Chart

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Gross Margin Formula

Gross Margin =  Gross Profit
Revenue
✕ 100%

TRGP Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1Y1 Year+23.2%+4.6%
3Y3 Years+66.7%+74.3%
5Y5 Years+118.3%+47.3%

TRGP Gross Margin Highs & Lows

PeriodPeriodAnnual vs HighAnnual vs HighAnnual vs LowAnnual vs LowQuarter. vs HighQuarter. vs HighQuarter. vs LowQuarter. vs Low
3Y3-Yearat high+104.5%at high+1139.3%
5Y5-Yearat high+118.3%-7.0%+1139.3%
All-TimeAll-Timeat high+365.1%-7.0%+1139.3%

TRGP Gross Margin History

DateAnnualQuarterly
Sep 2025
-
23.28%(+5.0%)
Jun 2025
-
22.18%(+16.5%)
Mar 2025
-
19.04%(-6.2%)
Dec 2024
20.00%(+23.2%)
20.29%(-8.8%)
Sep 2024
-
22.25%(+3.0%)
Jun 2024
-
21.61%(+30.6%)
Mar 2024
-
16.55%(-3.0%)
Dec 2023
16.23%(+66.0%)
17.07%(+13.8%)
Sep 2023
-
15.00%(-10.1%)
Jun 2023
-
16.68%(+3.1%)
Mar 2023
-
16.18%(+822.3%)
Dec 2022
9.78%(-18.5%)
-2.24%(-116.8%)
Sep 2022
-
13.36%(+19.1%)
Jun 2022
-
11.22%(-13.5%)
Mar 2022
-
12.97%(+18.7%)
Dec 2021
12.00%(-34.8%)
10.93%(-3.9%)
Sep 2021
-
11.37%(-4.6%)
Jun 2021
-
11.92%(-17.4%)
Mar 2021
-
14.43%(-42.3%)
Dec 2020
18.40%(+100.9%)
25.03%(+58.3%)
Sep 2020
-
15.81%(+11.3%)
Jun 2020
-
14.20%(+0.5%)
Mar 2020
-
14.13%(+7.5%)
Dec 2019
9.16%(+24.1%)
13.15%(+34.7%)
Sep 2019
-
9.76%(+32.2%)
Jun 2019
-
7.38%(+25.9%)
Mar 2019
-
5.86%(-22.3%)
Dec 2018
7.38%(+24.5%)
7.54%(+0.1%)
Sep 2018
-
7.53%(+5.0%)
Jun 2018
-
7.17%(-1.1%)
Mar 2018
-
7.25%(-6.2%)
Dec 2017
5.93%
7.73%(+52.2%)
Sep 2017
-
5.08%(+13.9%)
DateAnnualQuarterly
Jun 2017
-
4.46%(-22.7%)
Mar 2017
-
5.77%(-13.9%)
Dec 2016
6.18%(-22.4%)
6.70%(+16.3%)
Sep 2016
-
5.76%(-5.4%)
Jun 2016
-
6.09%(-30.4%)
Mar 2016
-
8.75%(+43.7%)
Dec 2015
7.96%(-13.7%)
6.09%(-33.2%)
Sep 2015
-
9.11%(+2.9%)
Jun 2015
-
8.85%(-10.8%)
Mar 2015
-
9.92%(+9.5%)
Dec 2014
9.22%(+18.5%)
9.06%(-0.4%)
Sep 2014
-
9.10%(-4.1%)
Jun 2014
-
9.49%(+10.9%)
Mar 2014
-
8.56%(+1.8%)
Dec 2013
7.78%(+1.0%)
8.41%(+3.7%)
Sep 2013
-
8.11%(+19.4%)
Jun 2013
-
6.79%(-9.1%)
Mar 2013
-
7.47%(+5.8%)
Dec 2012
7.70%(+10.5%)
7.06%(-1.0%)
Sep 2012
-
7.13%(-10.9%)
Jun 2012
-
8.00%(-6.1%)
Mar 2012
-
8.52%(+12.7%)
Dec 2011
6.97%(-35.2%)
7.56%(+13.5%)
Sep 2011
-
6.66%(-7.6%)
Jun 2011
-
7.21%(-23.0%)
Mar 2011
-
9.36%(+31.5%)
Dec 2010
10.76%(+43.7%)
7.12%(-36.2%)
Sep 2010
-
11.16%(+0.1%)
Jun 2010
-
11.15%(+15.5%)
Mar 2010
-
9.65%(-26.1%)
Dec 2009
7.49%(+74.2%)
13.05%(+1.3%)
Sep 2009
-
12.88%
Dec 2008
4.30%(-16.7%)
-
Dec 2007
5.16%
-

FAQ

  • What is Targa Resources Corp. annual gross profit margin?
  • What is the all-time high annual gross margin for Targa Resources Corp.?
  • What is Targa Resources Corp. annual gross margin year-on-year change?
  • What is Targa Resources Corp. quarterly gross profit margin?
  • What is the all-time high quarterly gross margin for Targa Resources Corp.?
  • What is Targa Resources Corp. quarterly gross margin year-on-year change?

What is Targa Resources Corp. annual gross profit margin?

The current annual gross margin of TRGP is 20.00%

What is the all-time high annual gross margin for Targa Resources Corp.?

Targa Resources Corp. all-time high annual gross profit margin is 20.00%

What is Targa Resources Corp. annual gross margin year-on-year change?

Over the past year, TRGP annual gross profit margin has changed by +3.77% (+23.23%)

What is Targa Resources Corp. quarterly gross profit margin?

The current quarterly gross margin of TRGP is 23.28%

What is the all-time high quarterly gross margin for Targa Resources Corp.?

Targa Resources Corp. all-time high quarterly gross profit margin is 25.03%

What is Targa Resources Corp. quarterly gross margin year-on-year change?

Over the past year, TRGP quarterly gross profit margin has changed by +1.03% (+4.63%)
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