01—History
Gross Profit History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.
- $6.52B
02—Ledger
Gross Profit, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2025 | $6.52B | +14.8% | 10-K | |
| FY2024 | $5.68B | +5.5% | 10-K | |
| FY2023 | $5.38B | +33.0% | 10-K | |
| FY2022 | $4.05B | +25.7% | 10-K | |
| FY2021 | $3.22B | +4.8% | 10-K | |
| FY2020 | $3.07B | +20.4% | 10-K | |
| FY2019 | $2.55B | +13.7% | 10-K | |
| FY2018 | $2.25B | +17.7% | 10-K | |
| FY2017 | $1.91B | +8.0% | 10-K | |
| FY2016 | $1.77B | −2.9% | 10-K | |
| FY2015 | $1.82B | +16.0% | 10-K | |
| FY2014 | $1.57B | +33.3% | 10-K | |
| FY2013 | $1.18B | +17.0% | 10-K | |
| FY2012 | $1.01B | +5.4% | 10-K | |
| FY2011 | $955.5M | — | 10-K |
03—Questions
What is gross profit?
Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.
What is Targa Resources Corp.'s current gross profit?
Targa Resources Corp. (TRGP) annual gross profit for 2025 was $6.52B, a 14.83% increase from 2024. Targa Resources Corp. gross profit for the quarter ending March 31, 2026 was $1.70B.
What was Targa Resources Corp.'s gross profit in 2024?
Targa Resources Corp. annual gross profit for 2024 was $5.68B, a 5.47% increase from 2023.
What was Targa Resources Corp.'s gross profit in 2023?
Targa Resources Corp. annual gross profit for 2023 was $5.38B, a 33.01% increase from 2022.
What is Targa Resources Corp.'s 5-year gross profit CAGR?
Targa Resources Corp. gross profit grew at a compound annual growth rate (CAGR) of 16.23% from FY2020 to FY2025, going from $3.07B to $6.52B over 5 years.
- Company
- Targa Resources Corp.
- Ticker
- TRGP
- Sector
- Energy
- Industry
- Natural Gas Transmission