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Targa Resources TRGP All Other Segments — Segment Operating Margin

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Other financials

Income statement

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Revenue$4.1B-10.2%
Gross profit$1.7B+30.4%
Operating income$846.9M+55.9%
Net income$479.6M+77.3%
EPS (diluted)$2.21+143%

Balance sheet

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Cash & equivalents$100.1M-33.9%
Total debt$346.5M+17.0%
Total equity$3.1B+27.9%
Total assets$27.1B+18.9%

Cash flow

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Operating cash flow$739.5M-22.5%
CapEx$899.5M+13.5%
Free cash flow-$160.0M-199%

Valuation

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Market cap$58.69B+58.5%
Enterprise value$58.94B+58.6%
P/E27.5×-0.8×
P/S3.5×+1.3×

Profitability

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Gross margin41.8%+7.3pp
Operating margin21.9%+6.1pp
Net margin12.9%+4.9pp
FCF margin4.8%-3.1pp

Returns & leverage

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Return on equity76.3%+25.6pp
Debt / equity0.1×0.0×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by Targa Resources in its filing.

Tagged under the XBRL concept trgp:SegmentOperatingMargin.

The official record: Targa Resources’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Targa Resources's all other segments — segment operating margin?
Targa Resources (TRGP) reported all other segments — segment operating margin of -$110.3M in Q1 2026.
How has Targa Resources's all other segments — segment operating margin changed year-over-year?
Targa Resources's all other segments — segment operating margin increased by 55.7% year-over-year, from -$248.8M to -$110.3M.
What is the long-term trend for Targa Resources's all other segments — segment operating margin?
Over 2 years (2023 to 2025), Targa Resources's all other segments — segment operating margin has grown at a -86.1% compound annual growth rate (CAGR), from $275.5M to -$5.3M.
What does all other segments — segment operating margin mean?
This metric measures the profitability of the company's non-core business segments after accounting for direct operating expenses. It reflects the efficiency and cost-management performance of activities that fall outside the primary reporting segments. Investors use this to assess whether these miscellaneous operations are contributing positively to the company's overall bottom line or acting as a drag on profitability.