TickerFacts.

Targa Resources Corp. (TRGP): Gross Profit

Revenue minus cost of revenue for the same annual period and currency, computed by TickerFacts from the filed figures. The issuer may report gross profit or margin on a different basis.

Computed by TickerFacts from revenue minus cost of revenue. This may differ from the issuer's reported gross profit or margin; check the revenue and cost definitions.

Restated years: each year's figure is from the latest filing that reports it. The company later restated the years ended 2017-12-31, 2019-12-31 (for example after a spin-off or a discontinued operation), while the year before each was last reported on the old basis. Changes across those points are marked n/c (not comparable), and growth rates are not computed across them.

$6.52B
Year ended 2025-12-31
$7.23B
Trailing 12 months to 2026-06-30
+17.2%
3-year compound annual growth
+16.2%
5-year compound annual growth
2016-12-31: $663.80M2017-12-31: $1.91B2018-12-31: $2.25B2019-12-31: $2.46B2020-12-31: $3.07B2021-12-31: $3.22B2022-12-31: $4.05B2023-12-31: $5.38B2024-12-31: $5.68B2025-12-31: $6.52B$6.52B
2016-12-31 Gross Profit (USD) 2025-12-31
Period endedGross ProfitChange YoYSource filing
2025-12-31$6.52B+14.8%2026-02-19, From 2025-01-01
2024-12-31$5.68B+5.5%2026-02-19, From 2024-01-01
2023-12-31$5.38B+33.0%2026-02-19, From 2023-01-01
2022-12-31$4.05B+25.7%2025-02-20, From 2022-01-01
2021-12-31$3.22B+4.8%2024-02-15, From 2021-01-01
2020-12-31$3.07B+24.8%2023-02-22, From 2020-01-01
2019-12-31$2.46Bn/c2022-02-24, From 2019-01-01
2018-12-31$2.25B+17.7%2021-02-18, From 2018-01-01
2017-12-31$1.91Bn/c2020-02-20, From 2017-01-01
2016-12-31$663.80Mn/a2019-03-01, From 2016-01-01

Gross Profit at similar companies

Companies with the same SEC industry code (Natural Gas Transmission), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedGross ProfitChange YoY
Targa Resources Corp. (TRGP)2025-12-31$6.52B+14.8%
Enterprise Products Partners L.P. (EPD)2025-12-31$14.03B+2.9%
Energy Transfer LP (ET)2025-12-31$22.04B+6.5%
Archrock, Inc. (AROC)2025-12-31$723.63M+43.0%
Summit Midstream Corp (SMC)2025-12-31$412.95M+31.3%

Compare TRGP, EPD, ET, AROC side by side · Screen every company in Natural Gas Transmission ↗