Targa Resources (NYSE: TRGP) revenue
Targa Resources reported revenue of $17,028m for fiscal 2025, 3.9% more than in fiscal 2024 ($16,382m). Since fiscal 2016 its revenue has grown by 154.5%, an average growth of 10.9% a year.
Revenue by fiscal year
| Fiscal year | Revenue | Change | Operating profit | Operating margin |
|---|---|---|---|---|
| 2025 | $17,028m | +3.9% | $3,331m | 19.6% |
| 2024 | $16,382m | +2.0% | $2,695m | 16.5% |
| 2023 | $16,060m | −23.3% | $2,626m | 16.4% |
| 2022 | $20,930m | +23.5% | $1,729m | 8.3% |
| 2021 | $16,950m | +105.2% | $864.8m | 5.1% |
| 2020 | $8,260m | −4.7% | −$1,304m | −15.8% |
| 2019 | $8,671m | −17.3% | $192.9m | 2.2% |
| 2018 | $10,484m | +18.9% | $237.5m | 2.3% |
| 2017 | $8,815m | +31.7% | −$122.4m | −1.4% |
| 2016 | $6,691m | — | $55.8m | 0.8% |
The change compares each fiscal year with the one before. Operating margin is operating profit over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the revenue of Targa Resources
- How much revenue did Targa Resources make in fiscal 2025?
- Targa Resources reported revenue of $17,028m for fiscal 2025, compared with $16,382m in fiscal 2024.
- How much has the revenue of Targa Resources grown?
- Between fiscal 2016 and fiscal 2025 it went from $6,691m to $17,028m: 154.5% more, an average growth of 10.9% a year.
- What was the best year for revenue at Targa Resources?
- Of its last 10 fiscal years, fiscal 2022, with $20,930m.
- 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 · net income · 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.