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Targa Resources's gross profit for the
three
months ended in Jun. 2026 was MXN29,402 Mil. Targa Resources's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was MXN99,957 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Targa Resources's gross profit for the
three
months ended in Jun. 2026 was MXN29,402 Mil. Targa Resources's Revenue for the
three
months ended in Jun. 2026 was MXN77,475 Mil. Therefore, Targa Resources's Gross Margin % for the quarter that ended in Jun. 2026 was 37.95%.
Targa Resources had a gross margin of 37.95% for the quarter that ended in Jun. 2026 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Targa Resources was 33.32%. The lowest was 12.47%. And the median was 16.15%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Targa Resources had a gross margin of 37.95% for the quarter that ended in Jun. 2026 => Competition eroding margins
Targa Resources Gross Profit Related Terms
Targa Resources Gross Profit Historical Data
* Premium members only.
The historical data trend for Targa Resources's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:TRGP vs MPLX, OKE, LNG: Gross Profit Comparison
For the Oil & Gas Midstream subindustry, Targa Resources's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Targa Resources Gross Profit vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Targa Resources's Gross Profit distribution charts can be found below:
* The bar in red indicates where Targa Resources's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN99,957 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Targa Resources (MEX:TRGP) has a Gross Profit of MXN99,957 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Targa Resources and its competitors.
Is Targa Resources' Gross Profit too high?
Targa Resources' current Gross Profit is MXN99,957 Mil. Overall, Targa Resources has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Targa Resources' Gross Profit compare to MPLX and OKE?
Targa Resources' Gross Profit of MXN99,957 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for an Oil & Gas company?
A good Gross Profit depends on the Oil & Gas industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Targa Resources and its competitors. Targa Resources's current Gross Profit is MXN99,957 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Targa Resources stock overvalued right now?
Based on GuruFocus' analysis, Targa Resources (MEX:TRGP) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,777.05, compared to a current price of MXN4,599.18 — trading 65.6% above its estimated fair value. The current Gross Profit is MXN99,957 Mil. Targa Resources' overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Targa Resources (MEX:TRGP), the current Gross Profit is MXN99,957 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Targa Resources (MEX:TRGP) Overvalued in 2026?
Based on GuruFocus' analysis, Targa Resources stock appears to be overvalued.
The current stock price of MXN4,599.18 is trading 65.6% above its estimated GF Value™ of MXN2,777.05.
GuruFocus considers Targa Resources to be Significantly Overvalued.
Key valuation signals for MEX:TRGP:
Gross Profit: MXN99,957 Mil
GF Value™: MXN2,777.05 vs. price of MXN4,599.18 (65.6% above fair value)
No single metric tells the full story. See the MEX:TRGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).
69GF Score
Get the complete analysis for MEX:TRGP
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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