Business Segments · Segment Operating Margin

Logistics And Transportation — Segment Operating Margin

Targa Resources Logistics And Transportation — Segment Operating Margin decreased by 3.2% to $773.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.6%, from $646.70M to $773.30M. Over 2 years (FY 2023 to FY 2025), Logistics And Transportation — Segment Operating Margin shows an upward trend with a 19.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026

How to read this metric

An increase indicates improved pricing power or better cost management, while a decrease suggests margin compression due to competition or rising costs.

Detailed definition

This metric measures the profitability of the logistics and transportation segment by calculating the difference between...

Peer comparison

A standard profitability ratio used to compare the efficiency of midstream assets across the industry.

Metric ID: trgp_segment_logistics_and_transportation_segment_operating_margin

Historical Data

13 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$487.18M$487.18M$487.18M$487.18M$532.10M$547.70M$619.20M$656.10M$646.70M$632.40M$710.20M$799.00M$773.30M
QoQ Change+0.0%+0.0%+0.0%+9.2%+2.9%+13.1%+6.0%-1.4%-2.2%+12.3%+12.5%-3.2%
YoY Change+9.2%+12.4%+27.1%+34.7%+21.5%+15.5%+14.7%+21.8%+19.6%
Range$487.18M$799.00M
CAGR+16.7%
Avg YoY Growth+19.6%
Median YoY Growth+19.6%

Frequently Asked Questions

What is Targa Resources's logistics and transportation — segment operating margin?
Targa Resources (TRGP) reported logistics and transportation — segment operating margin of $773.30M in Q1 2026.
How has Targa Resources's logistics and transportation — segment operating margin changed year-over-year?
Targa Resources's logistics and transportation — segment operating margin increased by 19.6% year-over-year, from $646.70M to $773.30M.
What is the long-term trend for Targa Resources's logistics and transportation — segment operating margin?
Over 2 years (2023 to 2025), Targa Resources's logistics and transportation — segment operating margin has grown at a 19.6% compound annual growth rate (CAGR), from $1.95B to $2.79B.
What does logistics and transportation — segment operating margin mean?
The percentage of revenue remaining after covering the operating costs of the logistics and transportation segment.