Targa Resources (NYSE: TRGP) net income
Targa Resources reported a net profit of $1,923m for fiscal 2025, 46.6% more than in fiscal 2024 ($1,312m). Its net margin was 11.3%. Earnings per share were $8.52.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2025 | $1,923m | +46.6% | 11.3% | $8.52 |
| 2024 | $1,312m | −2.5% | 8.0% | $5.77 |
| 2023 | $1,346m | +12.6% | 8.4% | $3.69 |
| 2022 | $1,196m | +1,579.1% | 5.7% | $3.95 |
| 2021 | $71.2m | — | 0.4% | — |
| 2020 | −$1,554m | — | −18.8% | −$7.26 |
| 2019 | −$209.2m | −13,175.0% | −2.4% | −$1.44 |
| 2018 | $1.6m | −97.0% | 0.0% | — |
| 2017 | $54.0m | — | 0.6% | — |
| 2016 | −$187.3m | — | −2.8% | −$1.80 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of Targa Resources
- How much did Targa Resources earn in fiscal 2025?
- Targa Resources reported a net profit of $1,923m for fiscal 2025. In fiscal 2024 it reported a net profit of $1,312m.
- What are the earnings per share of Targa Resources?
- They were $8.52 in fiscal 2025, compared with $5.77 in fiscal 2024.
- What is the net margin of Targa Resources?
- In fiscal 2025 its net profit was 11.3% of its revenue.
- What was the most profitable year for Targa Resources?
- Of its last 10 fiscal years, fiscal 2025, with $1,923m.
- Where do the figures for Targa Resources come from?
- From the annual report (Form 10-K) that Targa Resources files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Targa Resources files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Targa Resources: the Targa Resources page · annual accounts · revenue · insider transactions.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.