• Targa Resources average net profit margin for 2023 was 4.88%, a 243.66% increase from 2022.
• Targa Resources average net profit margin for 2022 was 1.42%, a 4.7% increase from 2021.
• Targa Resources average net profit margin for 2021 was 1.49%, a 106.52% decline from 2020.

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