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Targa Resources Corp. (TRGP)

NYSE: TRGP · Real-Time Price · USD

166.31

-2.27 (-1.35%)

At close: May 15, 2025, 3:59 PM

166.45

0.09%

After-hours: May 15, 2025, 07:52 PM EDT

Targa Resources Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	16.38B	16.06B	20.93B	16.95B	8.26B	8.67B	10.48B	8.81B	6.69B
Cost of Revenue	12.13B	12.01B	17.98B	14.6B	5.97B	7.09B	9.05B	7.72B	5.68B
Gross Profit	4.26B	4.05B	2.95B	2.35B	2.29B	1.58B	1.43B	1.1B	1.01B
Operating Income	2.7B	2.63B	1.73B	1.29B	3.81B	618.7M	237.5M	-122.4M	55.8M
Interest Income	-800K	n/a	446.1M	387.9M	391.3M	337.8M	n/a	n/a	n/a
Pretax Income	1.94B	1.94B	1.66B	436.9M	-1.57B	-46.7M	65.9M	-292.9M	-259.7M
Net Income	1.28B	1.35B	896.8M	422.1M	-1.32B	41.2M	1.6M	54M	-187.3M
Selling & General & Admin	384.9M	348.7M	309.7M	273.2M	254.6M	280.7M	256.9M	203.4M	187.2M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	1.18B	1.08B	912.8M	747.1M	782.4M	864.2M	100K	-2.6M	1.2M
Operating Expenses	1.56B	1.43B	1.22B	1.02B	1.04B	1.14B	982.5M	827.8M	747.5M
Interest Expense	767.2M	687.8M	446.1M	387.9M	391.3M	337.8M	185.8M	233.7M	254.2M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	13.69B	13.43B	19.2B	15.62B	7.01B	8.23B	10.04B	8.54B	6.43B
Income Tax Expense	384.5M	363.2M	131.8M	14.8M	-248.1M	-87.9M	5.5M	-397.1M	-100.6M
Shares Outstanding (Basic)	220.2M	224.6M	227.3M	228.6M	232.2M	232.5M	224.2M	204.52M	184.72M
Shares Outstanding (Diluted)	221.3M	226M	231.1M	228.6M	232.2M	232.5M	224.2M	206.9M	184.72M
EPS (Basic)	5.77	3.69	3.95	1.85	-5.71	0.18	0.01	-0.31	-1.01
EPS (Diluted)	5.74	3.66	3.88	1.85	-5.71	0.18	0.01	-0.31	-1.01
EBITDA	4.14B	3.97B	2.83B	1.7B	-313.1M	1.27B	1.27B	754.2M	1.03B
EBIT	2.71B	2.63B	2.11B	824.8M	-1.18B	291.1M	447.4M	-59.2M	268.9M
Depreciation & Amortization	1.42B	1.34B	1.1B	874.6M	868.7M	976.3M	819.6M	813.4M	762.3M