• Targa Resources average net profit margin for 2023 was 5.28%, a 140% increase from 2022.
• Targa Resources average net profit margin for 2022 was 2.2%, a 59.42% increase from 2021.
• Targa Resources average net profit margin for 2021 was 1.38%, a 106.22% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.