Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
264.11
-0.49 (-0.19%)
Aug 4, 2026, 2:56 PM EDT - Market open
Targa Resources Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 100.1 | 166.1 | 157.3 | 141.7 | 219 | 158.5 |
Cash & Short-Term Investments | 100.1 | 166.1 | 157.3 | 141.7 | 219 | 158.5 |
Cash Growth | -33.88% | 5.59% | 11.01% | -35.30% | 38.17% | -34.72% |
Accounts Receivable | 1,692 | 1,475 | 1,618 | 1,471 | 1,408 | 1,332 |
Inventory | 334.4 | 429.3 | 334.3 | 371.5 | 393.8 | 153.4 |
Other Current Assets | 312 | 292.7 | 186.4 | 210.4 | 335.4 | 126 |
Total Current Assets | 2,438 | 2,363 | 2,296 | 2,195 | 2,357 | 1,770 |
Net Property, Plant & Equipment | 21,771 | 20,535 | 18,063 | 15,806 | 14,215 | 11,668 |
Other Intangible Assets | 2,201 | 1,651 | 1,977 | 2,351 | 2,735 | 1,095 |
Long-Term Investments | 315 | 307.1 | 193.3 | 146.3 | 131.3 | 586.5 |
Other Long-Term Assets | 382 | 362.4 | 204.4 | 173.9 | 122.9 | 89.4 |
Total Assets | 27,107 | 25,218 | 22,734 | 20,672 | 19,560 | 15,208 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 1,988 | 1,873 | 2,013 | 1,575 | 1,449 | 1,402 |
Accrued Expenses | 193.2 | 358.6 | 336 | 281.7 | 289.5 | 272.2 |
Current Portion of Long-Term Debt | 696.9 | 770.1 | 387.7 | 620.7 | 834.3 | 162.8 |
Other Current Liabilities | 517.9 | 545.1 | 436.4 | 283.6 | 494.1 | 461.2 |
Total Current Liabilities | 3,396 | 3,547 | 3,173 | 2,761 | 3,067 | 2,299 |
Long-Term Debt | 18,435 | 16,662 | 13,787 | 12,333 | 10,702 | 6,434 |
Other Long-Term Liabilities | 2,008 | 1,811 | 1,356 | 967.7 | 809 | 546.9 |
Total Long-Term Liabilities | 20,442 | 18,473 | 15,143 | 13,301 | 11,511 | 6,981 |
Total Liabilities | 23,838 | 22,020 | 18,316 | 16,062 | 14,578 | 9,280 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Preferred Stock | - | - | - | - | - | 749.7 |
Common Stock | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
Treasury Stock | -2,517 | -2,429 | -1,714 | -896.9 | -464.7 | -204.1 |
Additional Paid-in Capital | 3,111 | 3,088 | 2,294 | 3,059 | 3,702 | 4,269 |
Accumulated Other Comprehensive Income | -14.7 | 113.8 | 27.5 | 85.6 | 54.7 | -230.9 |
Retained Earnings | 2,557 | 3,089 | 1,190 | 492 | -626.8 | -1,822 |
Total Common Shareholders' Equity | 3,137 | 3,068 | 2,592 | 2,740 | 2,666 | 2,012 |
Minority Interest | 132.5 | 130.3 | 1,826 | 1,870 | 2,317 | 3,167 |
Shareholders' Equity | 3,269 | 3,198 | 4,418 | 4,610 | 4,982 | 5,179 |
Total Liabilities & Equity | 27,107 | 25,218 | 22,734 | 20,672 | 19,560 | 15,208 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 19,132 | 17,433 | 14,175 | 12,954 | 11,536 | 6,597 |
Net Cash (Debt) | -19,032 | -17,266 | -14,017 | -12,812 | -11,317 | -6,439 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -88.06 | -79.61 | -63.34 | -56.69 | -48.97 | -28.17 |
Book Value | 3,137 | 3,068 | 2,592 | 2,740 | 2,666 | 2,012 |
Book Value Per Share | 14.51 | 14.14 | 11.71 | 12.12 | 11.53 | 8.80 |
Tangible Book Value | 935.3 | 1,417 | 615 | 389.1 | -68.9 | 917 |
Tangible Book Value Per Share | 4.33 | 6.53 | 2.78 | 1.72 | -0.30 | 4.01 |