Kinetik vs Targa Resources: revenue, profit, margins and growth compared
Kinetik brought in $1.8B of revenue in fiscal 2025, Targa Resources $17B in fiscal 2025. Revenue changed by +19.0% at Kinetik and +3.9% at Targa Resources on the year before, so Kinetik grew faster. Kinetik kept 10.1% of its revenue as net profit, Targa Resources 11.3%. Free cash flow was $111.6M at Kinetik and $584.1M at Targa Resources.
Fiscal years as each company reports them; the two may end in different months.
Questions about Kinetik and Targa Resources
Which is bigger by revenue, Kinetik or Targa Resources?
Targa Resources is bigger by revenue: $17B in fiscal 2025, against $1.8B for Kinetik in fiscal 2025.
Which keeps more of its revenue as profit, Kinetik or Targa Resources?
Kinetik had a net margin of 10.1% in fiscal 2025; Targa Resources had 11.3% in fiscal 2025.
Which grew revenue faster, Kinetik or Targa Resources?
In their latest fiscal years revenue changed by +19.0% at Kinetik and +3.9% at Targa Resources.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.