Targa Resources annual gross margin
2016
2017
2018
2019
Targa Resources Gross Margin Growth & History (TRGP)
Targa Resources's gross margin was 34.50% for fiscal 2019.
View full Targa Resources company overviewTarga Resources annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2019 | 2019-12-31 | 34.50% | +10.49 pp |
| 2018 | 2018-12-31 | 24.02% | −0.45 pp |
| 2017 | 2017-12-31 | 24.47% | −1.95 pp |
| 2016 | 2016-12-31 | 26.42% | — |
Targa Resources quarterly gross margin
No reported data
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|
Targa Resources gross margin trends
Across the available reported history, Targa Resources's gross margin increased from 24.02% to 34.50%, a change of +10.49 percentage points.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Targa Resources filings at SEC.gov ↗