TRGP
Income statement / Annual
Last year (2024), Targa Resources Corp.'s total revenue was $16.38 B,
an increase of 2.00% from the previous year.
In 2024, Targa Resources Corp.'s net income was $1.28 B.
See Targa Resources Corp.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
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 |
| Operating Revenue |
$16.38 B |
$16.06 B |
$20.93 B |
$16.95 B |
$8.26 B |
$8.67 B |
$10.48 B |
$8.81 B |
$6.69 B |
$6.66 B |
| Cost of Revenue |
$12.13 B
|
$12.01 B
|
$17.98 B
|
$14.60 B
|
$5.97 B
|
$7.09 B
|
$9.05 B
|
$7.72 B
|
$5.68 B
|
$5.55 B
|
| Gross Profit |
$4.26 B
|
$4.05 B
|
$2.95 B
|
$2.35 B
|
$2.29 B
|
$1.58 B
|
$1.43 B
|
$1.10 B
|
$1.01 B
|
$1.11 B
|
| Gross Profit Ratio |
0.26
|
0.25
|
0.14
|
0.14
|
0.28
|
0.18
|
0.14
|
0.12
|
0.15
|
0.17
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$384.90 M
|
$348.70 M
|
$309.70 M
|
$273.20 M
|
$254.60 M
|
$280.70 M
|
$256.90 M
|
$203.40 M
|
$187.20 M
|
$161.70 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$384.90 M
|
$348.70 M
|
$309.70 M
|
$273.20 M
|
$254.60 M
|
$280.70 M
|
$256.90 M
|
$203.40 M
|
$187.20 M
|
$161.70 M
|
| Other Expenses |
$1.18 B
|
$1.08 B
|
$912.80 M
|
$747.10 M
|
$782.40 M
|
$864.20 M
|
$100,000.00
|
-$2.60 M
|
$1.20 M
|
-$36.70 M
|
| Operating Expenses |
$1.56 B
|
$1.43 B
|
$1.22 B
|
$1.02 B
|
$1.04 B
|
$1.14 B
|
$982.50 M
|
$827.80 M
|
$747.50 M
|
$659.20 M
|
| Cost And Expenses |
$13.69 B
|
$13.43 B
|
$19.20 B
|
$15.62 B
|
$7.01 B
|
$8.24 B
|
$10.04 B
|
$8.54 B
|
$6.43 B
|
$6.21 B
|
| Interest Income |
-$800,000.00
|
$0.00
|
$446.10 M
|
$387.90 M
|
$391.30 M
|
$337.80 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$767.20 M
|
$687.80 M
|
$446.10 M
|
$387.90 M
|
$391.30 M
|
$337.80 M
|
$185.80 M
|
$233.70 M
|
$254.20 M
|
$231.90 M
|
| Depreciation & Amortization |
$1.42 B
|
$1.34 B
|
$1.10 B
|
$874.60 M
|
$868.70 M
|
$976.30 M
|
$819.60 M
|
$813.40 M
|
$762.30 M
|
$677.10 M
|
| EBITDA |
$4.13 B |
$3.97 B |
$2.83 B |
$1.70 B |
-$313.10 M |
$1.27 B |
$1.27 B |
$754.20 M |
$1.03 B |
$1.12 B |
| EBITDA Ratio |
0.25
|
0.25
|
0.13
|
0.13
|
0.57
|
0.18
|
0.14
|
0.16
|
0.07
|
0.11
|
| Operating Income Ratio |
0.16
|
0.16
|
0.08
|
0.08
|
0.46
|
0.07
|
0.02
|
-0.01
|
0.01
|
0.02
|
| Total Other Income/Expenses Net |
-$757.40 M
|
-$683.70 M
|
-$65.80 M
|
-$427.90 M
|
-$269.40 M
|
-$239.60 M
|
-$171.60 M
|
-$170.50 M
|
-$315.50 M
|
-$271.10 M
|
| Income Before Tax |
$1.94 B
|
$1.94 B
|
$1.66 B
|
$436.90 M
|
-$1.57 B
|
-$46.70 M
|
$65.90 M
|
-$292.90 M
|
-$259.70 M
|
-$111.80 M
|
| Income Before Tax Ratio |
0.12
|
0.12
|
0.08
|
0.03
|
-0.19
|
-0.01
|
0.01
|
-0.03
|
-0.04
|
-0.02
|
| Income Tax Expense |
$384.50 M
|
$363.20 M
|
$131.80 M
|
$14.80 M
|
-$248.10 M
|
-$87.90 M
|
$5.50 M
|
-$397.10 M
|
-$100.60 M
|
$39.60 M
|
| Net Income |
$1.28 B
|
$1.35 B
|
$896.80 M
|
$422.10 M
|
-$1.33 B
|
$41.20 M
|
$1.60 M
|
$54.00 M
|
-$187.30 M
|
$58.30 M
|
| Net Income Ratio |
0.08
|
0.08
|
0.04
|
0.02
|
-0.16
|
0
|
0
|
0.01
|
-0.03
|
0.01
|
| EPS |
5.81 |
3.69 |
3.95 |
1.85 |
-5.71 |
0.18 |
0.0071 |
-0.31 |
-1.01 |
1.09 |
| EPS Diluted |
5.78 |
3.66 |
3.88 |
1.85 |
-5.71 |
0.18 |
0.0071 |
-0.31 |
-1.01 |
1.09 |
| Weighted Average Shares Out |
$220.20 M
|
$224.60 M
|
$227.30 M
|
$228.60 M
|
$232.20 M
|
$232.50 M
|
$224.20 M
|
$204.52 M
|
$184.72 M
|
$53.50 M
|
| Weighted Average Shares Out Diluted |
$221.30 M
|
$226.00 M
|
$231.10 M
|
$228.60 M
|
$232.20 M
|
$232.50 M
|
$224.20 M
|
$206.90 M
|
$184.72 M
|
$53.60 M
|
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