Targa Resources Corp. Annual Operating Margin in % from 2016 to 2023

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/annual Operating Margin history and growth rate from 2016 to 2023.
  • Targa Resources Corp. Operating Margin for the quarter ending June 30, 2024 was 14.8 %, a 7.01% increase year-over-year.
  • Targa Resources Corp. annual Operating Margin for 2023 was 16.4 %, a 97.9% increase from 2022.
  • Targa Resources Corp. annual Operating Margin for 2022 was 8.26 %, a 61.9% increase from 2021.
  • Targa Resources Corp. annual Operating Margin for 2021 was 5.1 %.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 16.4 +8.09 +97.9% Jan 1, 2023 Dec 31, 2023
2022 8.26 +3.16 +61.9% Jan 1, 2022 Dec 31, 2022
2021 5.1 +20.9 Jan 1, 2021 Dec 31, 2021
2020 -15.8 -18 -810% Jan 1, 2020 Dec 31, 2020
2019 2.22 -0.04 -1.77% Jan 1, 2019 Dec 31, 2019
2018 2.27 +3.65 Jan 1, 2018 Dec 31, 2018
2017 -1.39 -2.39 -239% Jan 1, 2017 Dec 31, 2017
2016 1 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.