Operating Margin of Targa Resources Corp. from 31 Dec 2016 to 30 Sep 2025

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Targa Resources Corp. quarterly and annual Operating Margin in % history and change rate from 31 Dec 2016 to 30 Sep 2025.
  • Targa Resources Corp. Operating Margin for the quarter ending 30 Sep 2025 was 18%, a 10% increase year-over-year.
  • Targa Resources Corp. annual Operating Margin for 2024 was 16%, a 0.61% increase from 2023.
  • Targa Resources Corp. annual Operating Margin for 2023 was 16%, a 98% increase from 2022.
  • Targa Resources Corp. annual Operating Margin for 2022 was 8.3%, a 62% increase from 2021.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Change (%)
Operating Margin, Annual (%)
Operating Margin, YoY Annual Change (%)

Targa Resources Corp. Quarterly Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
Q3 2025 18% +1.7% +10% 01 Jul 2025 30 Sep 2025
Q2 2025 18% +2.8% +19% 01 Apr 2025 30 Jun 2025
Q1 2025 16% +0.78% +5.2% 01 Jan 2025 31 Mar 2025
Q4 2024 16% +0.1% +0.61% 01 Oct 2024 31 Dec 2024
Q3 2024 16% +0.7% +4.5% 01 Jul 2024 30 Sep 2024
Q2 2024 15% +0.97% +7% 01 Apr 2024 30 Jun 2024
Q1 2024 15% +4% +36% 01 Jan 2024 31 Mar 2024
Q4 2023 16% +8.1% +98% 01 Oct 2023 31 Dec 2023
Q3 2023 16% +11% +212% 01 Jul 2023 30 Sep 2023
Q2 2023 14% +8.9% +183% 01 Apr 2023 30 Jun 2023
Q1 2023 11% +6.6% +148% 01 Jan 2023 31 Mar 2023
Q4 2022 8.3% +3.2% +62% 01 Oct 2022 31 Dec 2022
Q3 2022 5% -3.7% -43% 01 Jul 2022 30 Sep 2022
Q2 2022 4.9% -4.9% -50% 01 Apr 2022 30 Jun 2022
Q1 2022 4.5% -6.9% -61% 01 Jan 2022 31 Mar 2022
Q4 2021 5.1% +21% 01 Oct 2021 31 Dec 2021
Q3 2021 8.7% +28% 01 Jul 2021 30 Sep 2021
Q2 2021 9.8% +33% 01 Apr 2021 30 Jun 2021
Q1 2021 11% +34% 01 Jan 2021 31 Mar 2021
Q4 2020 -16% -18% -810% 01 Oct 2020 31 Dec 2020
Q3 2020 -20% -21% -1365% 01 Jul 2020 30 Sep 2020
Q2 2020 -23% -25% -1444% 01 Apr 2020 30 Jun 2020
Q1 2020 -23% -25% -1223% 01 Jan 2020 31 Mar 2020
Q4 2019 2.2% -0.04% -1.8% 01 Oct 2019 31 Dec 2019
Q3 2019 1.5% 01 Jul 2019 30 Sep 2019
Q2 2019 1.7% 01 Apr 2019 30 Jun 2019
Q1 2019 2.1% 01 Jan 2019 31 Mar 2019
Q4 2018 2.3% 01 Oct 2018 31 Dec 2018

Targa Resources Corp. Annual Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
2024 16% +0.1% +0.61% 01 Jan 2024 31 Dec 2024
2023 16% +8.1% +98% 01 Jan 2023 31 Dec 2023
2022 8.3% +3.2% +62% 01 Jan 2022 31 Dec 2022
2021 5.1% +21% 01 Jan 2021 31 Dec 2021
2020 -16% -18% -810% 01 Jan 2020 31 Dec 2020
2019 2.2% -0.04% -1.8% 01 Jan 2019 31 Dec 2019
2018 2.3% +3.6% 01 Jan 2018 31 Dec 2018
2017 -1.4% -2.4% -239% 01 Jan 2017 31 Dec 2017
2016 1% 01 Jan 2016 31 Dec 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.