Targa Resources Corp. TRGP NYSE

Targa Resources Corp. (TRGP) has shown declining revenue growth over the past 3 years, expanding from $20.9B to $17.1B (average -5.6%/yr). Net income reached $1.8B, reflecting exceptional earnings expansion at +29.8%/yr on average. The net profit margin is 10.8%, which is moderate. The company has maintained profitability in all 4 of the past 4 years, demonstrating a consistent earnings track record. The gross margin is 26.5% (low), with a +12.4pp trend over the period. With a $51B market cap and MOAT composite score of 63/100, the company has a moderate competitive position.

Criteria proven by this page:

• GROWTH (58/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 18-year history, the company was profitable in 15 of 18 years — a solid long-term record with occasional losses
• INCOME (55/100, Partial) — the company is profitable but margin is below 15%
• MOAT (63/100, Partial) — some competitive advantages are present but not dominant

Overall SharesGrow Score: 58/100 with 2/7 criteria passed.