Targa Resources Corp. (TRGP)
NYSE: TRGP
· Real-Time Price · USD
165.49
-1.25 (-0.75%)
At close: Aug 14, 2025, 3:59 PM
165.36
-0.08%
Pre-market: Aug 15, 2025, 09:07 AM EDT
Targa Resources Income Statement
Financials in USD. Fiscal
year is
January - December.
| Fiscal Year | Q2 2025 | Q1 2025 | 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 |
| Period Ending | Jun 30, 2025 | Mar 31, 2025 | 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 |
Revenue | 4.03B | 4.56B | 4.41B | 3.85B | 3.62B | 4.6B | 4.23B | 3.9B | 3.4B | 4.52B | 4.55B | 5.36B | 6.06B | 4.96B | 5.44B | 4.46B | 3.42B | 3.63B |
Cost of Revenue | 3.13B | 3.63B | 3.3B | 3.02B | 2.84B | 3.84B | 3.51B | 3.02B | 2.4B | 3.34B | 3.65B | 4.59B | 5.32B | 4.41B | 4.79B | 3.84B | 2.92B | 3.05B |
Gross Profit | 892.9M | 936.1M | 1.1B | 830.4M | 781.9M | 761M | 722.4M | 875.3M | 1B | 1.18B | 900.7M | 766.6M | 738.6M | 545.9M | 652.2M | 622.2M | 495M | 580.2M |
Operating Income | 808.6M | 543.3M | 700.5M | 728.2M | 683.5M | 674.4M | 627.1M | 505.1M | 649.1M | 836.7M | 551.4M | 430M | 451.9M | 295.8M | -91.6M | 366.5M | 245.8M | 344.1M |
Interest Income | 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 |
Pretax Income | 821.3M | 352M | 524.4M | 545.1M | 453.2M | 415.3M | 460.1M | 332.9M | 483.9M | 665.5M | 405.7M | 291.3M | 774.7M | 191.5M | -257.9M | 290M | 162M | 242.9M |
Net Income | 625.1M | 270.5M | 351M | 387.4M | 298.5M | 275.2M | 299.6M | 220M | 329.3M | 497M | 318M | 279.3M | 596.4M | 168.6M | -313.6M | 182.2M | 56.2M | 146.4M |
Selling & General & Admin | 95M | 94.5M | 97.5M | 102.6M | 389M | 86.5M | 95.3M | 90M | 81M | 82.4M | 92.5M | 79.1M | 71M | 67.1M | 80.8M | 67.3M | 63.7M | 61.4M |
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 |
Other Expenses | -10.7M | 298.3M | 306.2M | 198.4M | -100K | -100K | n/a | -100K | -2M | 257.6M | 256.8M | 257.5M | 215.7M | 183M | 300K | 200K | 100K | 100K |
Operating Expenses | 84.3M | 392.8M | 403.7M | 100.5M | 98.4M | 86.6M | 95.3M | 370.2M | 353.6M | 340M | 349.3M | 336.6M | 286.7M | 250.1M | 279.2M | 255.7M | 249.2M | 236.1M |
Interest Expense | 218.4M | n/a | 177.7M | 184.9M | 176M | 228.6M | 178M | 175.1M | 166.6M | n/a | 145.6M | 125.8M | 81.2M | n/a | 103.7M | 91M | 94.8M | n/a |
Selling & Marketing Expenses | n/a | n/a | n/a | n/a | 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 |
Cost & Expenses | 3.22B | 4.02B | 3.7B | 3.12B | 2.94B | 3.92B | 3.6B | 3.39B | 2.75B | 3.68B | 4B | 4.93B | 5.6B | 4.66B | 5.07B | 4.09B | 3.17B | 3.29B |
Income Tax Expense | 184.1M | 72.2M | 110.4M | 97M | 94.3M | 82.7M | 102.5M | 53.9M | 96.4M | 110.3M | 9.8M | 12M | 87.1M | 22.9M | -8.7M | 2M | 6.6M | 15M |
Shares Outstanding (Basic) | 216.6M | 217.9M | 220.2M | 219M | 221M | 222.8M | 222.61M | 223.8M | 225.6M | 226.4M | 226.85M | 226.6M | 227.8M | 228.5M | 228.8M | 228.8M | 228.6M | 228.5M |
Shares Outstanding (Diluted) | 217.3M | 218.7M | 221.3M | 220M | 221.9M | 223.7M | 222.61M | 225.1M | 226.8M | 229.3M | 230.2M | 230.3M | 231.7M | 232.4M | 276.4M | 276.4M | 231.3M | 274.7M |
EPS (Basic) | 2.89 | 0.91 | 1.46 | 1.76 | 1.34 | 1.23 | 1.25 | 0.97 | 1.44 | 0.03 | 1.40 | 1.23 | 2.62 | 0.74 | -1.37 | 0.70 | 0.15 | 0.54 |
EPS (Diluted) | 2.88 | 0.91 | 1.46 | 1.75 | 1.33 | 1.22 | 1.25 | 0.97 | 1.44 | 0.03 | 1.38 | 1.21 | 2.57 | 0.73 | -1.13 | 0.66 | 0.15 | 0.53 |
EBITDA | 1.41B | 910.9M | 1.09B | 1.09B | 977.4M | 981.6M | 978.1M | 837.8M | 982.7M | 1.16B | 881.1M | 718.5M | 722.9M | 506M | 66.5M | 590.4M | 458.7M | 561.2M |
EBIT | 1.04B | 543.3M | 702.2M | 730M | 629.2M | 639.4M | 638.1M | 508M | 649.1M | 836.7M | 551.3M | 417.1M | 855.9M | 295.8M | -154.2M | 366.5M | 245.8M | 344.1M |
Depreciation & Amortization | 373.7M | 367.6M | 375.3M | 355.4M | 350.2M | 342.1M | 342.8M | 332.7M | 333.6M | 324.8M | 329.8M | 288.5M | 271M | 210.2M | 220.7M | 223.8M | 213M | 217.1M |