TRGP
Income statement / Annual
Last year (2024), Targa Resources Corp.'s total revenue was $16.63 B,
an increase of 6.45% from the previous year.
In 2024, Targa Resources Corp.'s net income was $1.27 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 |
$16.63 B |
$15.62 B |
$21.68 B |
$17.44 B |
$8.27 B |
$8.67 B |
$10.55 B |
$8.86 B |
$6.65 B |
$6.58 B |
| Cost of Revenue |
$13.30 B
|
$13.08 B
|
$18.89 B
|
$15.35 B
|
$6.75 B
|
$7.18 B
|
$9.78 B
|
$8.34 B
|
$6.23 B
|
$6.05 B
|
| Gross Profit |
$3.33 B
|
$2.54 B
|
$2.79 B
|
$2.09 B
|
$1.52 B
|
$1.49 B
|
$778.80 M
|
$526.10 M
|
$410.70 M
|
$523.30 M
|
| Gross Profit Ratio |
0.2
|
0.16
|
0.13
|
0.12
|
0.18
|
0.17
|
0.07
|
0.06
|
0.06
|
0.08
|
| 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 |
-$3.50 M
|
-$100.00 K
|
$0.00
|
$100.00 K
|
$2.60 M
|
$1.02 B
|
$3.60 M
|
$1.50 M
|
$500.00 K
|
$1.10 M
|
| Operating Expenses |
$381.40 M
|
$348.60 M
|
$309.70 M
|
$273.30 M
|
$257.20 M
|
$1.30 B
|
$260.50 M
|
$204.90 M
|
$187.70 M
|
$162.80 M
|
| Cost And Expenses |
$13.68 B
|
$13.43 B
|
$19.20 B
|
$15.62 B
|
$7.01 B
|
$8.48 B
|
$10.04 B
|
$8.54 B
|
$6.42 B
|
$6.22 B
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$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
|
$257.90 M
|
$233.70 M
|
$254.20 M
|
$231.90 M
|
| Depreciation & Amortization |
$1.43 B
|
$1.34 B
|
$1.10 B
|
$874.60 M
|
$868.70 M
|
$971.60 M
|
$819.60 M
|
$813.40 M
|
$762.30 M
|
$682.40 M
|
| EBITDA |
$4.14 B |
$3.97 B |
$3.21 B |
$1.70 B |
-$313.10 M |
$1.26 B |
$1.14 B |
$754.20 M |
$756.80 M |
$802.50 M |
| EBITDA Ratio |
0.25
|
0.25
|
0.15
|
0.1
|
-0.04
|
0.15
|
0.11
|
0.09
|
0.11
|
0.12
|
| Operating Income Ratio |
0.18
|
0.14
|
0.11
|
0.1
|
0.15
|
0.02
|
0.05
|
0.04
|
0.03
|
0.05
|
| Total Other Income/Expenses Net |
-$1.01 B
|
-$244.20 M
|
-$820.70 M
|
-$1.38 B
|
-$2.84 B
|
-$239.60 M
|
-$452.40 M
|
-$614.10 M
|
-$482.70 M
|
-$472.30 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 |
$1.27 B
|
$828.20 M
|
$1.14 B
|
$71.20 M
|
-$1.55 B
|
-$209.20 M
|
$1.60 M
|
$54.00 M
|
-$187.30 M
|
$58.30 M
|
| Net Income Ratio |
0.08
|
0.05
|
0.05
|
0
|
-0.19
|
-0.02
|
0
|
0.01
|
-0.03
|
0.01
|
| EPS |
5.77 |
3.6874 |
3.9454 |
-0.0704 |
-7.2558 |
-1.4366 |
-0.5321 |
-0.31 |
-1.8 |
1.09 |
| EPS Diluted |
5.74 |
3.6646 |
3.8806 |
-0.0704 |
-7.2558 |
-1.4366 |
-0.5321 |
-0.31 |
-1.8 |
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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