Companies: 10,795·Total market cap: $144.5T
Targa Resources Corp.

Targa Resources Corp.

TRGPNYSEEnergy● Active
$264.13
+$0.04(+0.02%)
Market Cap$56.7B
P/E Ratio—
52W High$280
52W Low$144.14
Overview

Targa Resources Corp. (TRGP) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

TRGP · net income · updated Jun 9, 2026

Core profitability metrics

Net income was $1.84B for FY2025 (fiscal year ending 2025-12-31), up 45.3% year-over-year. Net profit margin was 10.8%. Based on available data, Targa Resources Corp. has been profitable since at least 2011.

FY2025 Net Income$1.84B▲ +45.3% YoY
Trailing 12M (TTM)$2.13Btrailing 4 quarters sum
Net Profit Margin10.8%$1.84B ÷ $17.14B
YoY Change+45.3%—
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 9, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · TRGP net income history · TRGP profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$1.84B▲ +45.3%10.8%
FY2024$1.27B▲ +53.3%7.6%
FY2023$828.2M▼ 27.5%5.3%
FY2022$1.14B▲ +1504.4%5.3%
FY2021$71.2M▲ +104.6%0.4%

Net income vs peers (Energy)

#CompanyNet IncomeYoY
#1
Targa Resources Corp.
Targa Resources Corp.YOU
TRGP
$1.84B+45.3%
#2
Exxon Mobil Corporation
Exxon Mobil Corporation
XOM
$28.84B-14.4%#3
Shell plc
Shell plc
SHEL
$17.84B+10.8%#4
TotalEnergies SE
TotalEnergies SE
TTE
$13.13B-16.7%#5
Chevron Corporation
Chevron Corporation
CVX
$12.30B-30.4%#6
Enbridge Inc.
Enbridge Inc.
ENB.TO
$7.49B+37.7%
Energy · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Targa Resources Corp. (TRGP) reported net income of $1.84B for FY2025 (fiscal year ending 2025-12-31), up 45.3% year-over-year. The net profit margin was 10.8% — meaning the company kept $0.11 of every dollar of revenue as profit.

Based on available data, Targa Resources Corp. has been profitable since at least 2011. Net income reached a peak of $1.84B in FY2025. Data available for 15 fiscal years.

Targa Resources Corp.'s net profit margin was 10.8% for FY2025, based on the latest annual results.

Investors sometimes search for "Targa Resources Corp. net worth" — the company's market capitalization is a separate figure from TRGP net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.
RevenueFinancial statementsEarningsForecastPrice historyMarket capFree cash flow

Frequently asked questions

TRGP net income · 5 questions

Targa Resources Corp. is profitable. The company reported net income of $1.84B for FY2025, a net profit margin of 10.8%. Net income was up 45.3% year-over-year. Based on available data, Targa Resources Corp. has been profitable since at least 2011.

is TRGP profitabledoes TRGP make a profitTRGP profitabilityTRGP profitable company

▸ Source: FMP /income-statement · GAAP · Targa Resources Corp. · Targa Resources Corp. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026