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.
An increase indicates improved pricing power or better cost management, while a decrease suggests margin compression due to competition or rising costs.
This metric measures the profitability of the logistics and transportation segment by calculating the difference between...
A standard profitability ratio used to compare the efficiency of midstream assets across the industry.
trgp_segment_logistics_and_transportation_segment_operating_margin| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |