Targa Resources Inc. (TRGP) Revenue-to-Profit Sankey Flow & SEC XBRL Financials
Targa Resources Inc. (TRGP) carries a Roarable Rating of C (Hold) with 63/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.
How TRGP Turns Every Dollar of Sales Into Real Bottom-Line Profit
Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory
| Fiscal Year | Revenue | Gross Margin | Op Margin | Net Profit | Free Cash Flow | ROIC % |
|---|---|---|---|---|---|---|
| FY 2025 | $17.03B | 38.3% | 19.6% | $1.92B | $584.1M | 29.9% |
| FY 2024 | $14.14B | 24.3% | 19.1% | $1.31B | $683.9M | 27.5% |
| FY 2023 | $13.52B | 44% | 19.4% | $1.35B | $2.60B | 9.3% |
Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring TRGP)
- ✓Live walkthrough of TRGP's RQD Radar, SEC cash-conversion gap & downside levels
- ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
- ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
TRGP Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +20.5% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on TRGP today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for TRGP. Explore sector supply chains on /butterfly.
TRGP Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDHow profitable is Targa Resources Inc. (TRGP)?
In FY 2025 (10-K), TRGP converted $17.0B of revenue into a 38.3% gross margin, 19.6% operating margin, and $584.1M in free cash flow (3.4% FCF margin).