Targa Resources Corp (TRGP)
116.01
+2.20
(+1.93%)
USD |
NYSE |
Apr 23, 16:00
116.00
-0.01
(-0.01%)
After-Hours: 20:00
Targa Resources Profit Margin (Quarterly): 7.07% for Dec. 31, 2023
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 7.07% |
| September 30, 2023 | 5.65% |
| June 30, 2023 | 9.67% |
| March 31, 2023 | 10.99% |
| December 31, 2022 | 6.98% |
| September 30, 2022 | 3.60% |
| June 30, 2022 | 9.85% |
| March 31, 2022 | 1.77% |
| December 31, 2021 | -5.76% |
| September 30, 2021 | 4.09% |
| June 30, 2021 | 1.65% |
| March 31, 2021 | 4.03% |
| December 31, 2020 | 1.31% |
| September 30, 2020 | 3.28% |
| June 30, 2020 | 5.32% |
| March 31, 2020 | -84.82% |
| December 31, 2019 | -4.56% |
| September 30, 2019 | -2.49% |
| June 30, 2019 | -0.51% |
| March 31, 2019 | -1.69% |
| December 31, 2018 | -4.10% |
| September 30, 2018 | -0.79% |
| June 30, 2018 | 4.46% |
| March 31, 2018 | 0.93% |
| December 31, 2017 | 10.48% |
| Date | Value |
|---|---|
| September 30, 2017 | -7.86% |
| June 30, 2017 | 3.08% |
| March 31, 2017 | -5.65% |
| December 31, 2016 | -7.49% |
| September 30, 2016 | -0.65% |
| June 30, 2016 | -1.46% |
| March 31, 2016 | -0.19% |
| December 31, 2015 | 1.63% |
| September 30, 2015 | 0.78% |
| June 30, 2015 | 0.89% |
| March 31, 2015 | 0.19% |
| December 31, 2014 | 1.25% |
| September 30, 2014 | 1.34% |
| June 30, 2014 | 1.32% |
| March 31, 2014 | 0.85% |
| December 31, 2013 | 0.97% |
| September 30, 2013 | 1.11% |
| June 30, 2013 | 1.04% |
| March 31, 2013 | 0.96% |
| December 31, 2012 | 0.85% |
| September 30, 2012 | 0.62% |
| June 30, 2012 | 0.65% |
| March 31, 2012 | 0.58% |
| December 31, 2011 | 0.44% |
| September 30, 2011 | 0.29% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
-84.82%
Minimum
Mar 2020
10.99%
Maximum
Mar 2023
-1.20%
Average
3.60%
Median
Sep 2022
Profit Margin (Quarterly) Benchmarks
| Halliburton Co | 11.52% |
| Kinder Morgan Inc | 19.42% |
| MPLX LP | 42.39% |
| Western Midstream Partners LP | 33.60% |
| Baker Hughes Co | 6.44% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 29.36% |
| Return on Assets | 6.80% |
| Return on Invested Capital | 8.05% |
| Gross Profit Margin (Quarterly) | 23.58% |
| Operating Margin (Quarterly) | 14.99% |
| Return on Net Operating Assets | 7.05% |