Targa Resources Corp. (TRGP)
NYSE: TRGP
· Real-Time Price · USD
162.34
-0.31 (-0.19%)
At close: Oct 03, 2025, 3:59 PM
162.30
-0.02%
After-hours: Oct 03, 2025, 05:29 PM 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 | 17.29B | 16.88B | 16.63B | 16.33B | 16.33B | 15.92B | 15.62B | 15.95B | 17.68B | 20.7B | 21.68B | 22.72B | 21.66B | 18.95B | 17.44B | 14.76B | 12.22B | 10.15B |
Cost of Revenue | 13.69B | 13.39B | 13.3B | 13.2B | 13.48B | 13.32B | 13.08B | 13.48B | 15.04B | 17.9B | 18.89B | 19.98B | 19.15B | 16.72B | 15.35B | 12.55B | 10.21B | 8.35B |
Gross Profit | 3.6B | 3.49B | 3.33B | 3.13B | 2.85B | 2.6B | 2.54B | 2.47B | 2.64B | 2.8B | 2.79B | 2.75B | 2.51B | 2.23B | 2.09B | 2.21B | 2.01B | 1.8B |
Operating Income | 3.23B | 3.1B | 2.94B | 2.75B | 2.48B | 2.25B | 2.19B | 2.13B | 2.3B | 2.48B | 2.49B | 2.45B | 2.23B | 1.96B | 1.82B | 1.95B | 1.75B | 1.54B |
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 | 2.24B | 1.87B | 1.94B | 1.87B | 1.66B | 1.69B | 1.94B | 1.89B | 1.85B | 2.14B | 1.66B | 999.6M | 998.3M | 385.6M | 437M | 879.4M | 793.5M | 785.4M |
Net Income | 1.52B | 1.2B | 1.27B | 1.23B | 1.06B | 1.09B | 827.5M | 867.7M | 843M | 1.11B | 1.14B | 510.8M | 499.9M | -40.3M | 71.2M | 418.4M | 305.5M | 330.3M |
Selling & General & Admin | 389.6M | 392.9M | 384.9M | 382.7M | 370.1M | 352.8M | 348.7M | 345.9M | 335M | 325M | 309.7M | 297.9M | 286.1M | 278.8M | 273.1M | 266.4M | 257.7M | 255.5M |
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 | -19.4M | -8.6M | -1.7M | -1.9M | 200K | 100K | n/a | n/a | n/a | -600K | -1.6M | -1.6M | -3.1M | -2.9M | -1.8M | -1.5M | 700K | 1.5M |
Operating Expenses | 370.2M | 384.3M | 383.2M | 380.8M | 370.3M | 352.9M | 348.7M | 345.9M | 335M | 324.4M | 308.1M | 296.3M | 283M | 275.9M | 271.3M | 264.9M | 258.4M | 257M |
Interest Expense | 778.1M | 735.7M | 767.2M | 767.5M | 757.7M | 748.3M | 687.7M | 655.3M | 606M | 520.6M | 446.2M | 404.3M | 369.5M | 383.1M | 387.9M | 383.1M | 389.8M | 391.7M |
Selling & Marketing Expenses | 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 |
Cost & Expenses | 14.06B | 13.78B | 13.68B | 13.58B | 13.85B | 13.67B | 13.43B | 13.83B | 15.37B | 18.22B | 19.2B | 20.27B | 19.43B | 17B | 15.62B | 12.81B | 10.47B | 8.61B |
Income Tax Expense | 463.7M | 373.9M | 384.4M | 376.5M | 333.4M | 335.5M | 363.1M | 270.4M | 228.5M | 219.2M | 131.8M | 113.3M | 103.3M | 22.8M | 14.9M | 62.1M | 92M | 62.2M |
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) | 7.00 | 5.46 | 5.77 | 5.57 | 4.79 | 4.89 | 3.69 | 3.85 | 3.73 | 3.92 | 3.95 | 1.08 | 0.92 | -0.56 | -0.07 | 1.39 | 0.85 | 0.91 |
EPS (Diluted) | 6.98 | 5.44 | 5.75 | 5.55 | 4.77 | 4.87 | 3.68 | 3.84 | 3.71 | 3.88 | 3.91 | 1.03 | 0.78 | -0.68 | -0.29 | 1.18 | 0.76 | 0.82 |
EBITDA | 4.5B | 4.07B | 4.14B | 4.03B | 3.79B | 3.79B | 3.97B | 3.87B | 3.73B | 3.87B | 3.21B | 2.39B | 2.29B | 1.64B | 1.7B | 2.14B | 2.04B | 2.02B |
EBIT | 3.02B | 2.61B | 2.71B | 2.64B | 2.42B | 2.44B | 2.63B | 2.54B | 2.45B | 2.66B | 2.11B | 1.4B | 1.37B | 768.7M | 824.9M | 1.26B | 1.18B | 1.18B |
Depreciation & Amortization | 1.48B | 1.46B | 1.43B | 1.39B | 1.37B | 1.35B | 1.34B | 1.32B | 1.28B | 1.22B | 1.1B | 990.4M | 925.7M | 867.7M | 874.6M | 872.7M | 853.5M | 846M |