TRGP
Income statement / Annual
Last year (2023), Targa Resources Corp.'s total revenue was $16.06 B,
a decrease of 23.27% from the previous year.
In 2023, Targa Resources Corp.'s net income was $1.35 B.
See Targa Resources Corp.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
| Operating Revenue |
$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
|
$8.62 B
|
| Cost of Revenue |
$13.08 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 |
$7.40 B |
| Gross Profit |
$2.98 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 |
$1.22 B |
| Gross Profit Ratio |
0.19 |
0.14 |
0.14 |
0.28 |
0.18 |
0.14 |
0.12 |
0.15 |
0.17 |
0.14 |
| 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 |
$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
|
$148.00 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 |
$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
|
$148.00 M
|
| Other Expenses |
$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 |
-$8.00 M |
| Operating Expenses |
$2.76 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 |
$578.10 M |
| Cost And Expenses |
$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 |
$7.98 B |
| Interest Income |
$0.00 |
$446.10 M |
$387.90 M |
$391.30 M |
$337.80 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$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 |
$147.10 M |
| Depreciation &
Amortization |
$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
|
$351.00 M
|
| EBITDA |
$3.96 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
|
$986.70 M
|
| EBITDA Ratio |
0.25 |
0.13 |
0.13 |
0.57 |
0.18 |
0.14 |
0.16 |
0.07 |
0.11 |
0.08 |
| Operating Income Ratio
|
0.16
|
0.08
|
0.08
|
0.46
|
0.07
|
0.02
|
-0.01
|
0.01
|
0.02
|
0.07
|
| Total Other
Income/Expenses Net |
-$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
|
-$149.50 M
|
| Income Before Tax |
$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 |
$491.00 M |
| Income Before Tax Ratio
|
0.12
|
0.08
|
0.03
|
-0.19
|
-0.01
|
0.01
|
-0.03
|
-0.04
|
-0.02
|
0.06
|
| Income Tax Expense |
$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 |
$68.00 M |
| Net Income |
$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 |
$102.30 M |
| Net Income Ratio |
0.08 |
0.04 |
0.02 |
-0.16 |
0 |
0 |
0.01 |
-0.03 |
0.01 |
0.01 |
| EPS |
3.69 |
3.95 |
1.85 |
-5.71 |
0.18 |
0.0071 |
-0.31 |
-1.01 |
1.09 |
2.44 |
| EPS Diluted |
3.66 |
3.88 |
1.85 |
-5.71 |
0.18 |
0.0071 |
-0.31 |
-1.01 |
1.09 |
2.43 |
| Weighted Average Shares
Out |
$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
|
$42.00 M
|
| Weighted Average Shares
Out Diluted |
$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
|
$42.10 M
|
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