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Targa Resources (TRGP) Net Margin

Annual Net Margin

8.38%
+2.67%+46.76%

December 31, 2023

Summary

Performance

1-Year Change

+46.76%

3-Year Change

+144.55%

5-Year Change

+41800%

15-Year Change

+1273.77%

TRGP Net Margin Chart

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Highlights

Sector Rank

44.92%
TRGP annual net profit margin is higher than 44.92% of companies in Energy sector

High & Low

All-time High

8.38%
TRGP annual net profit margin is currently at an all-time high

3-Year Low

0.42%
TRGP annual net profit margin is currently +1895.24% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
TRGP previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

Feb 20, 2025
TRGP next annual earnings announcement is scheduled for Feb 20, 2025

OtherTRGPprofitabilitymetrics:

Annual Net Income

$1.35 B
TRGP annual net profit is $1.35 billion

Annual Revenue

$16.06 B
TRGP annual revenue is $16.06 billion

Annual Gross Margin

25.24%
TRGP annual gross profit margin is 25.24%

Annual EPS

$3.66
TRGP annual earnings per share is $3.66

Quarterly Net Margin

10.06%
+1.68%+20.05%

September 30, 2024

Summary

Performance

3-Month Change

+20.05%

1-Year Change

+42.29%

3-Year Change

+42.29%

5-Year Change

+42.29%

TRGP Quarterly Net Margin Chart

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Highlights

Sector Rank

53.68%
TRGP quarterly net profit margin is higher than 53.68% of companies in Energy sector

High & Low

All-time High

10.99%
TRGP quarterly net profit margin is currently -8.46% below its historical high of 10.99%

3-Year Low

-5.76%

Earnings dates

Last Quarterly Earnings Report Date

Sep 30, 2024
TRGP previous earnings announcement was published on Sep 30, 2024

Next Quarterly Earnings Report Date

Feb 20, 2025
TRGP next earnings announcement is scheduled for Feb 20, 2025

OtherTRGPprofitabilitymetrics:

Quarterly Net Income

$387.40 M
TRGP quarterly net profit is $387.40 million

Quarterly Revenue

$3.85 B
TRGP quarterly revenue is $3.85 billion

Quarterly Gross Margin

29.37%
TRGP quarterly gross profit margin is 29.37%

Quarterly EPS

$1.75
TRGP quarterly earnings per share is $1.75

Net Margin Formula

Net Margin =  Net Income
Revenue ✕ 100%

Annual Net Margin

8.38%
TRGP annual net profit margin is 8.38%

Annual Net Income

$1.35 B
TRGP annual net profit is $1.35 billion

Annual Revenue

$16.06 B
TRGP annual revenue is $16.06 billion

TRGP Net Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+46.8%+42.3%
3 y3 years+144.6%+42.3%
5 y5 years+10000.0%+42.3%

TRGP Net Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-yearat high+1895.2%-8.5%+274.6%
5 y5-yearat high+144.6%-8.5%+111.9%
alltimeall timeat high+144.6%-8.5%+111.9%

Targa Resources Net Margin History

DateAnnualQuarterly
Sep 2024
-
10.06%(+20.0%)
Jun 2024
-
8.38%(+39.0%)
Mar 2024
-
6.03%(-14.7%)
Dec 2023
8.38%(+46.8%)
7.07%(+25.1%)
Sep 2023
-
5.65%(-41.6%)
Jun 2023
-
9.67%(-12.0%)
Mar 2023
-
10.99%(+57.4%)
Dec 2022
5.71%(+1259.5%)
6.98%(+93.9%)
Sep 2022
-
3.60%(-63.5%)
Jun 2022
-
9.85%(+456.5%)
Mar 2022
-
1.77%(-130.7%)
Dec 2021
0.42%(-102.2%)
-5.76%(-240.8%)
Sep 2021
-
4.09%(+147.9%)
Jun 2021
-
1.65%(-59.1%)
Mar 2021
-
4.03%(+207.6%)
Dec 2020
-18.81%(+680.5%)
1.31%(-60.1%)
Sep 2020
-
3.28%(-38.3%)
Jun 2020
-
5.32%(-106.3%)
Mar 2020
-
-84.82%(+1760.1%)
Dec 2019
-2.41%(<-9900.0%)
-4.56%(+83.1%)
Sep 2019
-
-2.49%(+388.2%)
Jun 2019
-
-0.51%(-69.8%)
Mar 2019
-
-1.69%(-58.8%)
Dec 2018
0.02%(-96.7%)
-4.10%(+419.0%)
Sep 2018
-
-0.79%(-117.7%)
Jun 2018
-
4.46%(+379.6%)
Mar 2018
-
0.93%(-91.1%)
Dec 2017
0.61%(-121.8%)
10.48%(-233.3%)
Sep 2017
-
-7.86%(-355.2%)
Jun 2017
-
3.08%(-154.5%)
Mar 2017
-
-5.65%(-24.6%)
DateAnnualQuarterly
Dec 2016
-2.80%(-418.2%)
-7.49%(+1052.3%)
Sep 2016
-
-0.65%(-55.8%)
Jun 2016
-
-1.47%(+673.7%)
Mar 2016
-
-0.19%(-111.7%)
Dec 2015
0.88%(-26.1%)
1.63%(+109.0%)
Sep 2015
-
0.78%(-12.4%)
Jun 2015
-
0.89%(+368.4%)
Mar 2015
-
0.19%(-84.8%)
Dec 2014
1.19%(+15.5%)
1.25%(-6.7%)
Sep 2014
-
1.34%(+1.5%)
Jun 2014
-
1.32%(+55.3%)
Mar 2014
-
0.85%(-12.4%)
Dec 2013
1.03%(+53.7%)
0.97%(-12.6%)
Sep 2013
-
1.11%(+6.7%)
Jun 2013
-
1.04%(+8.3%)
Mar 2013
-
0.96%(+12.9%)
Dec 2012
0.67%(+52.3%)
0.85%(+37.1%)
Sep 2012
-
0.62%(-4.6%)
Jun 2012
-
0.65%(+12.1%)
Mar 2012
-
0.58%(+31.8%)
Dec 2011
0.44%(-263.0%)
0.44%(+51.7%)
Sep 2011
-
0.29%(-52.5%)
Jun 2011
-
0.61%(+45.2%)
Mar 2011
-
0.42%(-182.4%)
Dec 2010
-0.27%(-141.5%)
-0.51%(-64.3%)
Sep 2010
-
-1.43%(+52.1%)
Jun 2010
-
-0.94%(-163.5%)
Mar 2010
-
1.48%(+26.5%)
Dec 2009
0.65%(+38.3%)
1.17%(-3025.0%)
Sep 2009
-
-0.04%
Dec 2008
0.47%
-

FAQ

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

What is Targa Resources annual net profit margin?

The current annual net margin of TRGP is 8.38%

What is the all time high annual net margin for Targa Resources?

Targa Resources all-time high annual net profit margin is 8.38%

What is Targa Resources annual net margin year-on-year change?

Over the past year, TRGP annual net profit margin has changed by +2.67% (+46.76%)

What is Targa Resources quarterly net profit margin?

The current quarterly net margin of TRGP is 10.06%

What is the all time high quarterly net margin for Targa Resources?

Targa Resources all-time high quarterly net profit margin is 10.99%

What is Targa Resources quarterly net margin year-on-year change?

Over the past year, TRGP quarterly net profit margin has changed by +2.99% (+42.29%)