Targa Resources Operating Margin vs. Net Income
| TRGP Stock | USD 244.04 4.43 1.85% |
Targa Resources Operating Profit Margin |
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.28 | 0.2651 |
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| Operating Profit Margin | 0.21 | 0.2011 |
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For Targa Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Targa Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Targa Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Targa Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Targa Resources over time as well as its relative position and ranking within its peers.
Targa Resources' Revenue Breakdown by Earning Segment
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Targa Resources Revenue Breakdown by Earning Segment
By analyzing Targa Resources' earnings estimates, investors can diagnose different trends across Targa Resources' analyst sentiment over time as well as compare current estimates against different timeframes.
Can Oil & Gas Storage & Transportation industry sustain growth momentum? Does Targa have expansion opportunities? Factors like these will boost the valuation of Targa Resources. If investors know Targa will grow in the future, the company's valuation will be higher. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Targa Resources demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth 0.745 | Dividend Share 4 | Earnings Share 8.48 | Revenue Per Share | Quarterly Revenue Growth (0.08) |
Investors evaluate Targa Resources using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Targa Resources' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Targa Resources' market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Targa Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Targa Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Targa Resources' market price signifies the transaction level at which participants voluntarily complete trades.
Targa Resources Net Income vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Targa Resources's current stock value. Our valuation model uses many indicators to compare Targa Resources value to that of its competitors to determine the firm's financial worth. Targa Resources is currently regarded as top stock in operating margin category among its peers. It also is currently regarded as top stock in net income category among its peers making up about 8,140,583,554 of Net Income per Operating Margin. At this time, Targa Resources' Operating Profit Margin is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Targa Resources by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Targa Net Income vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Targa Resources |
| = | 0.23 % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Targa Resources |
| = | 1.84 B |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Targa Net Income Comparison
Targa Resources is currently under evaluation in net income category among its peers.
Targa Resources Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Targa Resources, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Targa Resources will eventually generate negative long term returns. The profitability progress is the general direction of Targa Resources' change in net profit over the period of time. It can combine multiple indicators of Targa Resources, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 113.8 M | 119.5 M | |
| Operating Income | 3.4 B | 3.6 B | |
| Income Before Tax | 2.5 B | 2.6 B | |
| Total Other Income Expense Net | -960.4 M | -912.4 M | |
| Net Income Applicable To Common Shares | 807.1 M | 847.5 M | |
| Net Income | 1.8 B | 1.9 B | |
| Income Tax Expense | 529.7 M | 556.2 M | |
| Net Income From Continuing Ops | 2 B | 2.1 B | |
| Non Operating Income Net Other | 494.4 M | 519.1 M | |
| Interest Income | 343.6 M | 270.8 M | |
| Net Interest Income | -852.8 M | -810.2 M | |
| Change To Netincome | 106.1 M | 100.8 M | |
| Net Income Per Share | 8.58 | 9.01 | |
| Income Quality | 2.13 | 3.58 | |
| Net Income Per E B T | 0.74 | 0.42 |
Targa Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Targa Resources. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Targa Resources position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Targa Resources' important profitability drivers and their relationship over time.
Targa Resources Earnings Estimation Breakdown
The calculation of Targa Resources' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Targa Resources is estimated to be 2.2537 with the future projection ranging from a low of 2.1373 to a high of 2.37. Please be aware that this consensus of annual earnings estimates for Targa Resources is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
2.14 Lowest | Expected EPS | 2.37 Highest |
Targa Resources Earnings Projection Consensus
Suppose the current estimates of Targa Resources' value are higher than the current market price of the Targa Resources stock. In this case, investors may conclude that Targa Resources is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Targa Resources' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2026 | Current EPS (TTM) | |
| 21 | 83.28% | 0.0 | 2.2537 | 8.48 |
Targa Resources Earnings per Share Projection vs Actual
Actual Earning per Share of Targa Resources refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Targa Resources predict the company's earnings will be in the future. The higher the earnings per share of Targa Resources, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Targa Resources Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Targa Resources, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Targa Resources should always be considered in relation to other companies to make a more educated investment decision.Targa Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Targa Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
null | null | null | null | null | 0 | ||
2026-02-19 | 2025-12-31 | 2.32 | 2.6855 | 0.3655 | 15 | ||
2025-11-05 | 2025-09-30 | 2.11 | 2.13 | 0.02 | 0 | ||
2025-08-07 | 2025-06-30 | 1.88 | 1.9 | 0.02 | 1 | ||
2025-04-30 | 2025-03-31 | 2.0525 | 1.8882 | -0.1643 | 8 | ||
2025-02-13 | 2024-12-31 | 1.8293 | 1.8173 | -0.012 | 0 | ||
2024-11-05 | 2024-09-30 | 1.55 | 1.74 | 0.19 | 12 | ||
2024-08-01 | 2024-06-30 | 1.27 | 1.33 | 0.06 | 4 | ||
2024-05-02 | 2024-03-31 | 1.3 | 1.22 | -0.08 | 6 | ||
2024-02-15 | 2023-12-31 | 1.46 | 1.26 | -0.2 | 13 | ||
2023-11-02 | 2023-09-30 | 1.2 | 0.97 | -0.23 | 19 | ||
2023-08-03 | 2023-06-30 | 1.24 | 1.44 | 0.2 | 16 | ||
2023-05-04 | 2023-03-31 | 1.4 | 0.03 | -1.37 | 97 | ||
2023-02-22 | 2022-12-31 | 1.38 | 1.38 | 0.0 | 0 | ||
2022-11-03 | 2022-09-30 | 1.2 | 0.84 | -0.36 | 30 | ||
2022-08-04 | 2022-06-30 | 1.22 | 1.61 | 0.39 | 31 | ||
2022-05-05 | 2022-03-31 | 0.86 | 0.06 | -0.8 | 93 | ||
2022-02-24 | 2021-12-31 | 0.66 | 0.51 | -0.15 | 22 | ||
2021-11-04 | 2021-09-30 | 0.53 | 0.66 | 0.13 | 24 | ||
2021-08-05 | 2021-06-30 | 0.27 | 0.15 | -0.12 | 44 | ||
2021-05-06 | 2021-03-31 | 0.17 | 0.53 | 0.36 | 211 | ||
2021-02-18 | 2020-12-31 | 0.25 | -0.04 | -0.29 | 116 | ||
2020-11-05 | 2020-09-30 | 0.1 | 0.16 | 0.06 | 60 | ||
2020-08-06 | 2020-06-30 | -0.24 | 0.21 | 0.45 | 187 | ||
2020-05-07 | 2020-03-31 | -0.07 | 2.89 | 2.96 | 4228 | ||
2020-02-20 | 2019-12-31 | -0.07 | -0.62 | -0.55 | 785 | ||
2019-11-07 | 2019-09-30 | -0.21 | -0.62 | -0.41 | 195 | ||
2019-08-08 | 2019-06-30 | -0.29 | -0.18 | 0.11 | 37 | ||
2019-05-07 | 2019-03-31 | -0.1 | -0.3 | -0.2 | 200 | ||
2019-02-20 | 2018-12-31 | 0.01 | 0.32 | 0.31 | 3100 | ||
2018-11-08 | 2018-09-30 | 0.06 | -0.24 | -0.3 | 500 | ||
2018-08-09 | 2018-06-30 | -0.03 | -0.02 | 0.01 | 33 | ||
2018-05-03 | 2018-03-31 | -0.01 | -0.03 | -0.02 | 200 | ||
2018-02-15 | 2017-12-31 | 0.01 | -0.08 | -0.09 | 900 | ||
2017-11-02 | 2017-09-30 | -0.11 | -0.16 | -0.05 | 45 | ||
2017-08-03 | 2017-06-30 | -0.14 | 0.14 | 0.28 | 200 | ||
2017-05-04 | 2017-03-31 | 0.01 | -0.77 | -0.78 | 7800 | ||
2017-02-15 | 2016-12-31 | 0.06 | -1.18 | -1.24 | 2066 | ||
2016-11-02 | 2016-09-30 | -0.06 | -0.23 | -0.17 | 283 | ||
2016-08-03 | 2016-06-30 | -0.08 | -0.14 | -0.06 | 75 | ||
2016-04-29 | 2016-03-31 | -0.1 | -0.02 | 0.08 | 80 | ||
2016-02-25 | 2015-12-31 | 0.49 | 0.48 | -0.01 | 2 | ||
2015-11-03 | 2015-09-30 | 0.57 | 0.23 | -0.34 | 59 | ||
2015-08-04 | 2015-06-30 | 0.63 | 0.29 | -0.34 | 53 | ||
2015-05-05 | 2015-03-31 | 0.65 | 0.58 | -0.07 | 10 | ||
2015-02-13 | 2014-12-31 | 0.63 | 0.61 | -0.02 | 3 | ||
2014-11-04 | 2014-09-30 | 0.65 | 0.73 | 0.08 | 12 | ||
2014-08-01 | 2014-06-30 | 0.6 | 0.63 | 0.03 | 5 | ||
2014-05-01 | 2014-03-31 | 0.62 | 0.47 | -0.15 | 24 | ||
2014-02-13 | 2013-12-31 | 0.52 | 0.48 | -0.04 | 7 | ||
2013-11-04 | 2013-09-30 | 0.44 | 0.39 | -0.05 | 11 | ||
2013-08-01 | 2013-06-30 | 0.27 | 0.49 | 0.22 | 81 | ||
2013-05-03 | 2013-03-31 | 0.23 | 0.32 | 0.09 | 39 | ||
2013-02-14 | 2012-12-31 | 0.21 | 0.48 | 0.27 | 128 | ||
2012-11-01 | 2012-09-30 | 0.17 | 0.21 | 0.04 | 23 | ||
2012-08-06 | 2012-06-30 | 0.24 | 0.21 | -0.03 | 12 | ||
2012-05-03 | 2012-03-31 | 0.26 | 0.23 | -0.03 | 11 | ||
2012-02-23 | 2011-12-31 | 0.22 | 0.2 | -0.02 | 9 | ||
2011-11-07 | 2011-09-30 | 0.27 | 0.12 | -0.15 | 55 | ||
2011-08-08 | 2011-06-30 | 0.2 | 0.25 | 0.05 | 25 | ||
2011-05-05 | 2011-03-31 | 0.21 | 0.16 | -0.05 | 23 | ||
2011-02-24 | 2010-12-31 | 0.26 | -0.68 | -0.94 | 361 |
Use Targa Resources in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Targa Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Targa Resources will appreciate offsetting losses from the drop in the long position's value.Targa Resources Pair Trading
Targa Resources Pair Trading Analysis
The ability to find closely correlated positions to Targa Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Targa Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Targa Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Targa Resources to buy it.
The correlation of Targa Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Targa Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Targa Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Targa Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Targa Resources position
In addition to having Targa Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Targa Stock Analysis
When running Targa Resources' price analysis, check to measure Targa Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Targa Resources is operating at the current time. Most of Targa Resources' value examination focuses on studying past and present price action to predict the probability of Targa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Targa Resources' price. Additionally, you may evaluate how the addition of Targa Resources to your portfolios can decrease your overall portfolio volatility.