Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
158.25
-3.62 (-2.24%)
May 5, 2025, 4:00 PM EDT - Market closed
Targa Resources Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Revenue | 16,381 | 16,382 | 16,060 | 20,930 | 16,950 | 8,260 | Upgrade
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| Revenue Growth (YoY) | 1.73% | 2.00% | -23.27% | 23.48% | 105.20% | -4.74% | Upgrade
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| Cost of Revenue | 10,743 | 10,703 | 10,676 | 16,882 | 13,730 | 5,187 | Upgrade
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| Gross Profit | 5,638 | 5,679 | 5,384 | 4,048 | 3,220 | 3,074 | Upgrade
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| Selling, General & Admin | 1,594 | 1,561 | 1,427 | 1,223 | 1,020 | 953 | Upgrade
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| Other Operating Expenses | -5.7 | -0.4 | 1.5 | 0.2 | 12.4 | 2.6 | Upgrade
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| Operating Expenses | 3,039 | 2,983 | 2,758 | 2,319 | 1,903 | 1,821 | Upgrade
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| Operating Income | 2,599 | 2,695 | 2,626 | 1,729 | 1,317 | 1,253 | Upgrade
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| Interest Expense | -735.7 | -767.2 | -687.8 | -446.1 | -387.9 | -391.3 | Upgrade
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| Earnings From Equity Investments | 12.1 | 9.4 | 9 | 9.1 | -23.9 | 72.6 | Upgrade
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| Other Non Operating Income (Expenses) | -1 | 0.4 | -4.9 | -64.7 | 0.5 | 3.7 | Upgrade
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| EBT Excluding Unusual Items | 1,875 | 1,938 | 1,943 | 1,227 | 905.8 | 938.1 | Upgrade
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| Gain (Loss) on Sale of Investments | - | - | - | 435.9 | - | - | Upgrade
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| Gain (Loss) on Sale of Assets | - | - | - | - | - | -58.4 | Upgrade
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| Asset Writedown | - | - | - | - | -452.3 | -2,498 | Upgrade
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| Other Unusual Items | - | - | - | - | -16.6 | 45.6 | Upgrade
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| Pretax Income | 1,875 | 1,938 | 1,943 | 1,663 | 436.9 | -1,573 | Upgrade
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| Income Tax Expense | 374 | 384.5 | 363.2 | 131.8 | 14.8 | -248.1 | Upgrade
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| Earnings From Continuing Operations | 1,501 | 1,554 | 1,579 | 1,531 | 422.1 | -1,325 | Upgrade
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| Minority Interest in Earnings | -193.4 | -241.5 | -233.4 | -335.9 | -350.9 | -228.9 | Upgrade
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| Net Income | 1,307 | 1,312 | 1,346 | 1,196 | 71.2 | -1,554 | Upgrade
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| Preferred Dividends & Other Adjustments | 112 | 42.5 | 517.7 | 298.7 | 87.3 | 130.9 | Upgrade
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| Net Income to Common | 1,195 | 1,270 | 828.2 | 896.8 | -16.1 | -1,685 | Upgrade
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| Net Income Growth | 16.30% | -2.52% | 12.58% | 1579.07% | - | - | Upgrade
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| Shares Outstanding (Basic) | 219 | 220 | 225 | 227 | 229 | 232 | Upgrade
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| Shares Outstanding (Diluted) | 220 | 221 | 226 | 231 | 229 | 232 | Upgrade
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| Shares Change (YoY) | -2.03% | -2.08% | -2.21% | 1.09% | -1.55% | -0.13% | Upgrade
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| EPS (Basic) | 5.46 | 5.77 | 3.69 | 3.95 | -0.07 | -7.26 | Upgrade
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| EPS (Diluted) | 5.44 | 5.74 | 3.66 | 3.88 | -0.07 | -7.26 | Upgrade
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| EPS Growth | 11.70% | 56.83% | -5.67% | - | - | - | Upgrade
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| Free Cash Flow | 639.5 | 683.9 | 826.2 | 1,047 | 1,798 | 792.9 | Upgrade
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| Free Cash Flow Per Share | 2.91 | 3.09 | 3.66 | 4.53 | 7.86 | 3.42 | Upgrade
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| Dividend Per Share | 3.250 | 3.000 | 2.000 | 1.400 | 0.650 | 0.400 | Upgrade
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| Dividend Growth | 44.44% | 50.00% | 42.86% | 115.39% | 62.50% | -89.01% | Upgrade
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| Gross Margin | 34.42% | 34.66% | 33.52% | 19.34% | 19.00% | 37.21% | Upgrade
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| Operating Margin | 15.87% | 16.45% | 16.35% | 8.26% | 7.77% | 15.17% | Upgrade
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| Profit Margin | 7.30% | 7.75% | 5.16% | 4.29% | -0.10% | -20.40% | Upgrade
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| Free Cash Flow Margin | 3.90% | 4.17% | 5.14% | 5.00% | 10.61% | 9.60% | Upgrade
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| EBITDA | 4,060 | 4,129 | 3,962 | 2,830 | 2,192 | 2,122 | Upgrade
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| EBITDA Margin | 24.79% | 25.20% | 24.67% | 13.52% | 12.93% | 25.69% | Upgrade
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| D&A For EBITDA | 1,461 | 1,434 | 1,336 | 1,101 | 874.6 | 868.7 | Upgrade
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| EBIT | 2,599 | 2,695 | 2,626 | 1,729 | 1,317 | 1,253 | Upgrade
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| EBIT Margin | 15.87% | 16.45% | 16.35% | 8.26% | 7.77% | 15.17% | Upgrade
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| Effective Tax Rate | 19.95% | 19.84% | 18.70% | 7.92% | 3.39% | - | Upgrade
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| Revenue as Reported | 16,381 | 16,382 | 16,060 | 20,930 | 16,950 | 8,260 | Upgrade
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Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.