
Targa Resources Corp. TRGP
$ 236.83
-0.9%
Annual report 2025
added 02-19-2026
Targa Resources Corp. Gross Profit 2011-2026 | TRGP
Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.
Calculation formula:Importance for business:
Gross Profit = Revenue – Cost of Goods Sold (COGS)
Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:
- Raw materials and supplies
- Wages of production personnel
- Depreciation of equipment
- Transportation and warehousing costs (if directly related to production)
- Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales. - Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit. - Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry. - Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.
- Increase in raw material and supply costs
- Rising production expenses
- Price reductions due to competition
- Decrease in sales volume
- Currency exchange rate fluctuations (for imports/exports)
Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.
Annual Gross Profit Targa Resources Corp.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | 1.58 B | 1.43 B | 1.1 B | 1.01 B | 1.11 B | 1.22 B | 906 M | 809 M | 956 M |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 1.58 B | 809 M | 1.12 B |
Quarterly Gross Profit Targa Resources Corp.
| 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 771 M | 574 M | 634 M | 573 M | 589 M | 603 M | 539 M | 515 M | 535 M | 469 M | 447 M | 458 M | 469 M | 430 M | 438 M | 431 M | 460 M | 469 M | 471 M | 421 M | 412 M | 421 M | 398 M | 393 M | 355 M | 297 M | 265 M | 260 M | 260 M | 240 M | 244 M | 262 M | 260 M | 228 M | 250 M | 217 M |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 771 M | 217 M | 418 M |
Gross Profit of other stocks in the Oil gas midstream industry
| Issuer | Gross Profit | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
Brooge Energy Limited
BROG
|
46.5 M | - | 13.04 % | $ 478 M | ||
|
Euronav NV
EURN
|
567 M | - | - | $ 3.69 B | ||
|
Antero Midstream Corporation
AM
|
501 M | $ 22.87 | 0.04 % | $ 10.9 B | ||
|
GasLog Ltd.
GLOG
|
327 M | - | -0.17 % | $ 552 M | ||
|
Dynagas LNG Partners LP
DLNG
|
73.5 M | $ 4.22 | -1.06 % | $ 155 M | ||
|
Cheniere Energy Partners, L.P.
CQP
|
3.03 B | $ 63.0 | -1.51 % | $ 30.5 B | ||
|
Enbridge
ENB
|
15.7 B | $ 53.91 | 0.07 % | $ 118 B | ||
|
Noble Midstream Partners LP
NBLX
|
296 M | - | - | $ 1.37 B | ||
|
EnLink Midstream, LLC
ENLC
|
1.49 B | - | - | $ 6.52 B | ||
|
BP Midstream Partners LP
BPMP
|
103 M | - | - | $ 1.79 B | ||
|
Equitrans Midstream Corporation
ETRN
|
1.35 B | - | - | $ 5.39 B | ||
|
Altus Midstream Company
ALTM
|
129 M | - | -0.79 % | $ 1.07 B | ||
|
Diamond S Shipping Inc.
DSSI
|
596 M | - | 2.00 % | $ 394 M | ||
|
Enable Midstream Partners, LP
ENBL
|
1.08 B | - | 1.44 % | $ 3.07 B | ||
|
NavSight Holdings, Inc.
NSH
|
1.18 B | - | 7.58 % | $ 285 M | ||
|
Oasis Midstream Partners LP
OMP
|
275 M | - | 2.48 % | $ 1.08 B | ||
|
Phillips 66 Partners LP
PSXP
|
903 M | - | -2.33 % | $ 7.93 B | ||
|
GasLog Partners LP
GLOP
|
165 M | - | 61.31 % | $ 441 M | ||
|
TC PipeLines, LP
TCP
|
239 M | - | 1.65 % | $ 2.21 B | ||
|
Teekay LNG Partners L.P.
TGP
|
328 M | - | -0.12 % | $ 1.47 B | ||
|
Blueknight Energy Partners, L.P.
BKEP
|
11.1 | - | - | $ 195 M | ||
|
Holly Energy Partners, L.P.
HEP
|
371 M | - | - | $ 2.59 B | ||
|
Delek Logistics Partners, LP
DKL
|
149 M | $ 52.02 | -2.8 % | $ 2.79 B | ||
|
Höegh LNG Partners LP
HMLP
|
98.1 M | - | 0.05 % | $ 308 M | ||
|
Global Partners LP
GLP
|
1.1 B | $ 48.02 | -0.99 % | $ 1.64 B | ||
|
Green Plains Partners LP
GPP
|
10.3 M | - | - | $ 286 M | ||
|
Kinder Morgan
KMI
|
7.54 B | $ 33.42 | 0.06 % | $ 74.3 B | ||
|
Enterprise Products Partners L.P.
EPD
|
5.73 B | $ 37.48 | 0.56 % | $ 81.1 B | ||
|
Genesis Energy, L.P.
GEL
|
325 M | $ 18.08 | -2.11 % | $ 2.21 B | ||
|
Cheniere Energy
LNG
|
4.26 B | - | -0.73 % | $ 40.2 B | ||
|
Crestwood Equity Partners LP
CEQP
|
696 M | - | - | $ 2.97 B | ||
|
Magellan Midstream Partners, L.P.
MMP
|
1.86 B | - | - | $ 13.9 B | ||
|
Martin Midstream Partners L.P.
MMLP
|
294 M | $ 2.97 | 4.4 % | $ 111 M | ||
|
DCP Midstream, LP
DCP
|
2.1 B | - | -0.02 % | $ 8.7 B | ||
|
Pembina Pipeline Corporation
PBA
|
3.19 B | $ 44.55 | 0.6 % | $ 16.8 B | ||
|
Navigator Holdings Ltd.
NVGS
|
232 M | $ 20.77 | -0.1 % | $ 1.48 B | ||
|
Energy Transfer LP
ET
|
11.3 B | $ 18.67 | -0.13 % | $ 64.4 B | ||
|
Plains GP Holdings, L.P.
PAGP
|
2.2 B | $ 23.75 | 0.21 % | $ 4.7 B | ||
|
PBF Logistics LP
PBFX
|
307 M | - | -1.19 % | $ 1.35 B | ||
|
Overseas Shipholding Group
OSG
|
126 M | - | - | $ 666 M | ||
|
Hess Midstream LP
HESM
|
706 M | $ 39.06 | 0.51 % | $ 8.1 B | ||
|
Plains All American Pipeline, L.P.
PAA
|
1.13 B | $ 22.04 | 0.16 % | $ 15.6 B | ||
|
TORM plc
TRMD
|
398 M | $ 28.13 | -2.87 % | $ 2.12 B | ||
|
TC Energy Corporation
TRP
|
10.4 B | $ 63.52 | -0.45 % | $ 66.1 B | ||
|
Dorian LPG Ltd.
LPG
|
183 M | $ 33.95 | -4.5 % | $ 1.43 B | ||
|
Teekay Tankers Ltd.
TNK
|
251 M | $ 71.5 | -2.28 % | $ 2.46 B | ||
|
Viper Energy Partners LP
VNOM
|
279 M | $ 44.04 | 0.88 % | $ 4.14 B | ||
|
Scorpio Tankers
STNG
|
328 M | $ 76.53 | -2.17 % | $ 2.87 B | ||
|
The Williams Companies
WMB
|
4.42 B | $ 74.05 | -0.93 % | $ 90.4 B |