Targa Resources
TRGP
$268.37
Share price
-7.87%
Change (1 day)
51.98%
Change (1 year)
Operating Margin for Targa Resources (TRGP)
Operating Margin as of April 2025 (TTM): 11.83%
According to Targa Resources 's latest financial reports and stock price the company's current Operating Margin is 11.83%. At the end of 2024 the company had an Operating Margin of 11.83%.
Operating Margin history for Targa Resources from 2010 to 2024
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2024 | 11.83% | -2.19% |
| 2023 | 12.10% | 52.2% |
| 2022 | 7.95% | 208.29% |
| 2021 | 2.58% | -113.53% |
| 2020 | -19.04% | 3436.05% |
| 2019 | -0.54% | -185.68% |
| 2018 | 0.63% | -118.92% |
| 2017 | -3.32% | -14.39% |
| 2016 | -3.88% | 131.17% |
| 2015 | -1.68% | -129.47% |
| 2014 | 5.70% | 44.22% |
| 2013 | 3.95% | 14.36% |
| 2012 | 3.45% | -0.15% |
| 2011 | 3.46% | 120.82% |
| 2010 | 1.57% | -28.69% |
| 2009 | 2.20% | 14.34% |
| 2008 | 1.92% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 | 14.52% | 22.74% | 🇺🇸 USA |
 | 10.73% | -9.30% | 🇺🇸 USA |
 | 13.76% | 16.31% | 🇨🇦 Canada |
 | 8.41% | -28.91% | 🇮🇹 Italy |
 | 18.80% | 58.92% | 🇺🇸 USA |
 | 14.40% | 21.72% | 🇺🇸 USA |
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.