20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.
Targa Resources Inc (TRGP) operates in the Oil & Gas Storage & Transportation industry and is headquartered in Houston, United States with about 3,570 employees. Its market capitalization is roughly $63 billion. In the fiscal year ended 2025-12-31, TRGP reported $17.1B in revenue and $1.8B in net income.
Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation.
Interactive charts & full statements → Open the TRGP valuation workbench →
| Income statement | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $16.8B | $17.1B | $16.6B | $15.6B | $21.7B | $17.4B | $8.3B | $8.7B | $10.6B | $8.9B | $6.6B | $6.6B | $8.6B | $6.5B | $5.8B | $7.0B | $5.5B | $4.5B | $8.0B |
| Gross Profit | $6.1B | $4.5B | $3.3B | $2.5B | $2.8B | $2.1B | $1.5B | $1.5B | $779M | $526M | $411M | $523M | $795M | $508M | $449M | $487M | $588M | $340M | $344M |
| Gross Margin % | 36.6% | 26.5% | 20.0% | 16.2% | 12.9% | 12.0% | 18.4% | 17.2% | 7.4% | 5.9% | 6.2% | 8.0% | 9.2% | 7.8% | 7.7% | 7.0% | 10.8% | 7.5% | 4.3% |
| Operating Income (EBIT) | $3.9B | $3.4B | $2.9B | $2.2B | $2.5B | $1.8B | $1.3B | $193M | $518M | $321M | $223M | $360M | $646M | $356M | $309M | $351M | $188M | $219M | $248M |
| Operating Margin % | 23.1% | 20.1% | 17.7% | 14.0% | 11.5% | 10.4% | 15.3% | 2.2% | 4.9% | 3.6% | 3.4% | 5.5% | 7.5% | 5.5% | 5.3% | 5.0% | 3.4% | 4.8% | 3.1% |
| Net Income | $2.3B | $1.8B | $1.3B | $828M | $1.1B | $71M | ($1.6B) | ($209M) | $2M | $54M | ($187M) | $58M | $102M | $65M | $38M | $31M | ($15M) | $29M | $37M |
| Net Margin % | 13.5% | 10.8% | 7.6% | 5.3% | 5.3% | 0.4% | -18.8% | -2.4% | 0.0% | 0.6% | -2.8% | 0.9% | 1.2% | 1.0% | 0.7% | 0.4% | -0.3% | 0.7% | 0.5% |
| EBITDA | $4.8B | $4.9B | $4.1B | $4.0B | $3.2B | $1.7B | ($313M) | $1.3B | $1.1B | $754M | $757M | $802M | $991M | $653M | $511M | $527M | $373M | $404M | $458M |
| Earnings Per Share (EPS) | $10.52 | $8.58 | $5.74 | $3.66 | $4.94 | $0.31 | $-6.69 | $-0.90 | $0.01 | $0.26 | $-1.01 | $1.09 | $2.43 | $1.55 | $0.91 | $0.74 | $-0.36 | $0.69 | $0.88 |
| Shares Outstanding (M) | 215M | 215M | 221M | 226M | 231M | 229M | 232M | 232M | 224M | 207M | 185M | 54M | 42M | 42M | 42M | 41M | 42M | 42M | 42M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly income statement | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.4B | $4.1B | $4.1B | $4.2B | $4.0B | $4.9B | $4.4B | $3.9B |
| Gross Profit | $2.1B | $1.3B | $1.7B | $978M | $893M | $924M | $1.1B | $864M |
| Gross Margin % | 48.1% | 31.1% | 43.1% | 23.3% | 22.2% | 19.0% | 25.1% | 22.2% |
| Operating Income (EBIT) | $1.2B | $847M | $917M | $885M | $809M | $836M | $700M | $764M |
| Operating Margin % | 27.8% | 20.7% | 22.6% | 21.1% | 20.1% | 17.2% | 15.9% | 19.7% |
| Net Income | $765M | $480M | $545M | $476M | $625M | $199M | $351M | $384M |
| Net Margin % | 17.2% | 11.7% | 13.4% | 11.3% | 15.5% | 4.1% | 8.0% | 9.9% |
| EBITDA | $1.2B | $1.0B | $1.3B | $1.2B | $1.4B | $917M | $1.1B | $1.1B |
| Earnings Per Share (EPS) | $3.56 | $2.23 | $2.53 | $2.20 | $2.88 | $0.91 | $1.59 | $1.75 |
| Shares Outstanding (M) | 215M | 215M | 215M | 216M | 217M | 219M | 221M | 220M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Cash flow | TTM → 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $4.3B | $3.9B | $3.6B | $3.2B | $2.4B | $2.3B | $1.7B | $1.4B | $1.1B | $940M | $837M | $1.0B | $762M | $383M | $428M | $379M | $208M | $336M | $391M |
| Capital Expenditures (CapEx) | $3.5B | $3.3B | $3.0B | $2.4B | $1.3B | $505M | $952M | $2.9B | $3.1B | $1.3B | $562M | $817M | $762M | $1.0B | $583M | $332M | $139M | $99M | $132M |
| Free Cash Flow (FCF) | $741M | $584M | $684M | $826M | $1.0B | $1.8B | $793M | ($1.5B) | ($2.0B) | ($358M) | $275M | $218M | $0M | ($631M) | ($154M) | $47M | $69M | $236M | $258M |
| FCF Margin % | 4.4% | 3.4% | 4.1% | 5.3% | 4.8% | 10.3% | 9.6% | -17.2% | -18.7% | -4.0% | 4.1% | 3.3% | -0.0% | -9.7% | -2.6% | 0.7% | 1.3% | 5.2% | 3.2% |
| Dividends Paid | $921M | $818M | $616M | $427M | $380M | $188M | $396M | $965M | $908M | $843M | $566M | $179M | $113M | $362M | $274M | $38M | $448M | — | $531M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Quarterly cash flow | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations (CFO) | $1.4B | $740M | $1.5B | $599M | $858M | $954M | $1.3B | $541M |
| Capital Expenditures (CapEx) | $1.0B | $900M | $963M | $672M | $906M | $792M | $727M | $829M |
| Free Cash Flow (FCF) | $431M | ($160M) | $542M | ($73M) | ($48M) | $162M | $601M | ($288M) |
| FCF Margin % | 9.7% | -3.9% | 13.4% | -1.7% | -1.2% | 3.3% | 13.6% | -7.4% |
| Dividends Paid | $270M | $219M | $216M | $217M | $218M | $167M | $165M | $166M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
| Balance sheet | 2026-06-30 | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $28.5B | $25.2B | $22.7B | $20.7B | $19.6B | $15.2B | $15.9B | $18.8B | $16.9B | $14.4B | $12.9B | $13.3B | $6.5B | $6.0B | $5.1B | $3.8B | $3.4B | $3.4B | $3.6B |
| Cash & Cash Equivalents | $132M | $166M | $157M | $142M | $219M | $158M | $243M | $331M | $232M | $137M | $74M | $140M | $81M | $67M | $76M | $146M | $188M | $252M | $363M |
| Total Liabilities | $24.7B | $22.0B | $18.3B | $16.1B | $14.6B | $10.0B | $10.0B | $10.4B | $9.5B | $7.4B | $7.0B | $7.0B | $3.9B | $4.0B | $3.4B | $2.5B | $2.4B | $2.6B | $2.8B |
| Total Debt (Short + Long-Term) | $18.9B | $17.2B | $13.9B | $12.7B | $11.3B | $6.6B | $7.7B | $7.8B | $6.7B | $5.1B | $4.9B | $6.0B | $3.1B | $3.0B | $2.5B | $1.6B | $1.5B | $1.6B | $2.0B |
| Total Shareholders' Equity | $3.7B | $3.1B | $2.6B | $2.7B | $2.7B | $2.0B | $2.7B | $4.9B | $6.1B | $7.0B | $5.9B | $6.2B | $170M | $2.1B | $1.8B | $158M | $144M | $87M | $135M |
USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).
Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive TRGP viewer.
This page in other languages: עברית · Русский · Español · Português · 中文 · العربية · Français · Italiano · 日本語 · Deutsch · فارسی · हिन्दी
About TickerBase · Data methodology & sources · Privacy · Terms