Targa Resources Corp. (TRGP)

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177.55

0.55 (0.31%)

At close: Apr 25, 2025, 3:59 PM

177.62

0.04%

After-hours: Apr 25, 2025, 05:29 PM EDT

Targa Resources Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	16.47B	16.3B	16.34B	16.13B	16.05B	16.38B	17.84B	20.49B	20.93B	21.82B	20.92B	18.28B	16.95B	14.08B	11.74B	9.84B	8.26B	8.16B	7.95B	8.42B	8.67B	8.79B	9.88B	10.33B	10.48B	10.59B	9.73B	9.16B	8.81B	8.12B	7.65B	7.36B	6.69B	6.33B	6.31B	6.42B
Cost of Revenue	13B	13.2B	13.2B	12.77B	12.28B	12.42B	13.99B	16.91B	17.98B	19.11B	18.36B	15.96B	14.6B	11.79B	9.46B	7.6B	5.98B	5.95B	6.02B	6.55B	7.09B	7.35B	8.37B	8.88B	9.05B	9.21B	8.49B	8.01B	7.72B	7.08B	6.61B	6.32B	5.68B	5.37B	5.3B	5.37B
Gross Profit	3.48B	3.1B	3.14B	3.36B	3.78B	3.96B	3.85B	3.58B	2.95B	2.7B	2.56B	2.32B	2.35B	2.29B	2.28B	2.24B	2.28B	2.21B	1.93B	1.87B	1.58B	1.44B	1.51B	1.45B	1.43B	1.38B	1.24B	1.15B	1.1B	1.05B	1.03B	1.04B	1.01B	959.1M	1.01B	1.05B
Operating Income	2.79B	2.71B	2.49B	2.46B	2.62B	2.54B	2.47B	2.27B	1.73B	1.09B	1.02B	816.5M	864.8M	1.22B	1.15B	1.12B	-1.3B	-1.59B	-1.85B	-1.95B	192.9M	135.9M	171M	212.7M	237.7M	431.9M	31.6M	-86.6M	-122.4M	-333.5M	41.7M	70.8M	55.8M	-53.5M	10.2M	56.3M
Interest Income	n/a	n/a	175.1M	341.7M	341.7M	341.7M	292.4M	125.8M	125.8M	125.8M	n/a	n/a	n/a	n/a	n/a	21.8M	61.1M	61.1M	61.1M	39.3M	n/a	n/a	n/a	900K	900K	900K	900K	n/a	n/a	n/a	n/a	n/a	24.7M	24.7M	24.7M	24.7M
Pretax Income	1.94B	1.87B	1.66B	1.69B	1.94B	1.89B	1.85B	2.14B	1.66B	999.6M	998.3M	385.6M	437M	879.4M	793.5M	785.4M	-1.57B	-1.85B	-2.03B	-2.13B	-46.7M	-74.1M	-117.5M	-9.2M	66.2M	221M	-16.4M	-205.7M	-292.9M	-564.7M	-324.1M	-301.6M	-259.8M	-268.9M	-212.2M	-160.7M
Net Income	1.31B	1.26B	1.09B	1.12B	1.35B	1.36B	1.42B	1.69B	1.36B	730.7M	633.6M	93.4M	71.2M	418.4M	305.5M	330.3M	-1.55B	-1.7B	-1.82B	-1.91B	-209.2M	-203M	-179.4M	-60.1M	1.7M	391.6M	247.7M	196.2M	54M	-380.1M	-223.2M	-304M	-187.4M	-9.7M	13.7M	52.1M
Selling & General & Admin	384.9M	382.7M	370.1M	352.8M	348.7M	345.9M	335M	325M	309.7M	298M	286.2M	278.9M	273.2M	266.4M	257.7M	255.5M	254.6M	237.8M	249.1M	260.4M	281M	303.8M	297.1M	281.3M	256.9M	230.8M	217.5M	211.5M	203.5M	198.5M	194.7M	190.7M	187.3M	163.5M	162.3M	164.5M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	308.1M	4M	1.8M	-100K	257.6M	512.3M	769.9M	987.6M	913M	656.5M	399.2M	183.6M	700K	1.6M	2.8M	3.5M	199.1M	198M	396.8M	396.8M	191.4M	212.3M	-4.5M	55.3M	8.9M	-12M	4.8M	-51.4M	-3.8M	-4M	-2.8M	-7.3M	1.1M	-600K	-500K	1.3M
Operating Expenses	689.2M	380.8M	650.5M	905.7M	1.16B	1.41B	1.38B	1.31B	1.22B	1.15B	1.07B	1.03B	1.02B	1.03B	1.02B	1.01B	1.03B	1.06B	1.09B	1.13B	1.15B	1.09B	1.08B	1.03B	982.4M	931.9M	878.8M	857.4M	827.8M	801.9M	790.2M	769.8M	747.5M	698.5M	683.1M	683.2M
Interest Expense	767.2M	767.5M	757.7M	748.3M	519.7M	487.3M	438M	352.6M	352.6M	310.7M	275.9M	289.5M	289.5M	185.8M	192.5M	194.4M	292.4M	388.4M	379.8M	355.2M	337.8M	303.4M	292.5M	282.4M	201.8M	192.7M	170.6M	170.7M	233.7M	248.4M	255M	264.3M	254.2M	229.4M	234.5M	230.7M
Selling & Marketing Expenses	290.7M	290.7M	290.7M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	13.68B	13.58B	13.85B	13.67B	13.43B	13.83B	15.37B	18.22B	19.2B	20.27B	19.43B	17B	15.62B	12.82B	10.47B	8.61B	7.01B	7.02B	7.11B	7.68B	8.24B	8.45B	9.45B	9.91B	10.04B	10.14B	9.37B	8.87B	8.54B	7.88B	7.4B	7.09B	6.43B	6.07B	5.98B	6.05B
Income Tax Expense	384.4M	376.5M	333.4M	335.5M	363.1M	270.4M	228.5M	219.2M	131.8M	113.3M	103.3M	22.8M	14.9M	62.1M	92M	62.2M	-248.1M	-364.5M	-400.2M	-380.3M	-87.9M	-42.2M	-42.3M	-6.2M	5.6M	-227M	-320.5M	-459.3M	-397.1M	-229.1M	-140.4M	-32.7M	-100.7M	-18.4M	14.3M	27.4M
Shares Outstanding (Basic)	220.2M	219M	221M	222.8M	222.61M	223.8M	225.6M	226.4M	n/a	226.6M	227.8M	228.5M	228.8M	228.8M	228.6M	228.5M	228.5M	233.4M	233.1M	232.86M	232.8M	231.18M	228.89M	232.2M	230.5M	225M	221.1M	218.7M	216.2M	215.6M	203.7M	191.8M	181.1M	168M	159.39M	160.58M
Shares Outstanding (Diluted)	221.3M	220M	221.9M	223.7M	222.61M	225.1M	226.8M	229.3M	n/a	230.3M	231.7M	232.4M	276.4M	276.4M	231.3M	274.7M	274.7M	233.8M	233.8M	233M	233M	232.7M	232.4M	232.2M	232.2M	226.5M	222.8M	218.7M	218.7M	215.6M	205M	191.8M	184.72M	173.19M	161.6M	160.58M
EPS (Basic)	5.81	5.58	4.79	4.89	3.69	2.44	2.70	3.88	4.59	3.22	2.69	0.22	0.02	2.54	2.00	2.06	-5.94	-7.57	-7.93	-8.18	-0.89	-0.87	-0.78	-0.38	-0.24	1.52	0.85	0.63	0.04	-2.09	-1.37	-1.66	-1.06	0.25	0.54	0.96
EPS (Diluted)	5.77	5.55	4.77	4.88	3.69	2.44	2.68	3.81	4.51	3.38	2.83	0.41	0.21	2.30	1.80	1.86	-6.13	-7.57	-7.93	-8.18	-0.89	-0.87	-0.77	-0.38	-0.24	1.52	0.84	0.63	0.04	-2.08	-1.36	-1.64	-1.04	0.26	0.55	0.96
EBITDA	4.13B	4.02B	3.77B	3.78B	3.96B	3.86B	3.74B	3.48B	2.83B	2.01B	1.89B	1.62B	1.68B	4.55B	4.46B	4.42B	4.46B	1.98B	1.73B	1.66B	1.36B	1.23B	1.32B	1.28B	1.26B	1.26B	1.18B	1.11B	1.08B	1.05B	1.03B	1.04B	1.03B	1.05B	1.09B	1.12B
EBIT	2.7B	2.64B	2.41B	2.43B	2.63B	2.55B	2.45B	2.66B	2.12B	1.41B	1.36B	753.9M	802.2M	3.67B	3.61B	3.58B	3.6B	1.08B	893.8M	794.4M	490.4M	407.3M	427.7M	422.7M	447.7M	445.6M	362.5M	291.1M	271.4M	-11.6M	-10M	19M	12.8M	258.1M	317.1M	363.2M
Depreciation & Amortization	1.43B	1.39B	1.37B	1.35B	1.33B	1.32B	1.28B	1.21B	1.1B	990.4M	925.7M	867.7M	874.6M	871.7M	851.6M	843.1M	865.1M	900M	940.6M	973.3M	971.6M	927.7M	889.8M	855.2M	815.9M	813.8M	815.6M	816.5M	809.5M	796.9M	772.7M	755.3M	757.7M	792.4M	774.2M	751M