Targa Resources Corp.
Close on Nov 2, 2026Market cap $63.20BP/E 28.1Yield 1.27%
Targa Resources G&P Segment Adjusted Operating Margin by Quarter
G&P Segment Adjusted Operating Margin (Before Operating Expenses) ($M)
Targa Resources G&P Segment Adjusted Operating Margin: $974M in Q2 2026, up 20.6% from a year earlier. That is the highest of the 26 quarters on record here.
Where the Q2 2026 figure comes from
“|| Adjusted operating margin | $ | 973.5 | $ | 807.0 | $ | 166.5 | 21 | % | $ | 1,910.6 | $ | 1,617.4 | $ | 293.2 | 18 | %”
Revenues less product purchases and fuel (equals G&P Operating Margin plus G&P Operating Expenses). Previously termed Gross Margin in 2021.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
Cite this data
StockData. (2026). Targa Resources G&P Segment Adjusted Operating Margin ($M), quarterly Q1 2020–Q2 2026 [Data set]. Compiled from Targa Resources SEC filings and investor materials. https://stockdatahq.com/stocks/trgp/kpis/gp-adjusted-operating-margin
See every metric in the Targa Resources KPI table. Data updated Nov 3, 2026.