TRGP
Targa Resources Corp.
NYSE · Energy · Oil & Gas Midstream · US
$290.05
−1.19%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 16.8B | 17.1B | 16.6B | 15.6B | 21.7B |
| Cost of Revenue | 10.7B | 12.6B | 13.3B | 13.1B | 18.9B |
| Gross Profit | 6.1B | 4.5B | 3.3B | 2.5B | 2.8B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 432.4M | 406.0M | 384.9M | 348.7M | 309.7M |
| General & Admin Expense | 432.4M | 406.0M | 384.9M | 348.7M | 309.7M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 1.8B | 690.1M | (3.5M) | (100.0K) | — |
| Total Operating Expenses | 2.3B | 1.1B | 381.4M | 348.6M | 309.7M |
| Cost and Expenses | 12.9B | 13.7B | 13.7B | 13.4B | 19.2B |
| Operating Income (EBIT) | 3.9B | 3.4B | 2.9B | 2.2B | 2.5B |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 673.9M | 852.8M | 767.2M | 687.8M | 446.1M |
| Net Interest Income | (673.9M) | (852.8M) | (767.2M) | (687.8M) | (446.1M) |
| Other Non-Op Income/Expense | (1.4B) | (960.4M) | (1.0B) | (244.2M) | (820.7M) |
| Non-Operating Income (excl Interest) | 734.7M | 107.6M | 238.7M | (443.6M) | 374.6M |
| EBT (Pre-Tax Income) | 2.5B | 2.5B | 1.9B | 1.9B | 1.7B |
| Income Tax Expense | 170.1M | 529.7M | 384.5M | 363.2M | 131.8M |
| Bottom Line | |||||
| Net Income | 2.3B | 1.8B | 1.3B | 828.2M | 1.1B |
| Earnings from Cont. Ops | 2.3B | 2.0B | 1.6B | 1.6B | 1.5B |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 2.3B | 1.8B | 1.3B | 828.2M | 896.8M |
| Per Share | |||||
| Basic EPS | $10.53 | $8.54 | $5.77 | $3.69 | $3.95 |
| Diluted EPS | $10.50 | $8.52 | $5.74 | $3.66 | $3.88 |
| Revenue Per Share | $78.10 | $79.70 | $75.51 | $69.54 | $95.40 |
| Shares | |||||
| Basic Shares Outstanding | 215.0M | 215.0M | 220.2M | 224.6M | 227.3M |
| Diluted Shares Outstanding | 215.0M | 215.0M | 221.3M | 226.0M | 231.1M |
| Profitability Metrics | |||||
| EBITDA | 4.8B | 4.9B | 4.1B | 4.0B | 3.2B |
| D&A | 1.7B | 1.5B | 1.4B | 1.3B | 1.1B |
| EBIT | 3.1B | 3.3B | 2.7B | 2.6B | 2.1B |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026