TRGP
Targa Resources Corp.
Stock
$281.74+2.43 (+0.87%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.7B | $17.0B | $16.4B | $16.1B | $20.9B | $16.9B | $8.3B | $8.7B | $10.5B | $8.8B | $5.6B |
| Cost of revenue | $9.5B | $10.5B | $10.7B | $10.7B | $16.9B | $13.7B | $5.2B | $6.1B | $8.2B | $6.9B | $3.8B |
| Gross profit | $7.2B | $6.5B | $5.7B | $5.4B | $4.0B | $3.2B | $3.1B | $2.6B | $2.2B | $1.9B | $1.8B |
| Operating income | $3.8B | $3.3B | $2.7B | $2.6B | $1.7B | $865M | −$1.3B | $193M | $238M | −$122M | $56M |
| Non-operating income | −$906M | −$845M | −$757M | −$684M | −$66M | −$428M | −$269M | −$240M | −$172M | −$171M | −$316M |
| Pretax income | $2.9B | $2.5B | $1.9B | $1.9B | $1.7B | $437M | −$1.6B | −$47M | $66M | −$293M | −$260M |
| Taxes | $662M | $563M | $626M | $597M | $468M | $366M | −$19M | $163M | $64M | −$347M | −$72M |
| Net income | $2.3B | $1.9B | $1.3B | $1.3B | $1.2B | $71M | −$1.6B | −$209M | $1.6M | $54M | −$187M |
| Diluted EPS | $10.48 | $8.49 | $5.74 | $3.66 | $3.88 | −$0.07 | −$7.26 | −$1.44 | −$0.53 | −$0.31 | −$1.80 |
| Diluted shares | — | 216.9M | 221.3M | 226.0M | 231.1M | 228.6M | 232.2M | 232.5M | 224.2M | 206.9M | 154.4M |
| Revenue growth | — | +3.9% | +2.0% | −23.3% | +23.5% | +105.2% | −4.7% | −17.3% | +18.9% | +57.8% | — |
| Gross margin | 43.2% | 38.3% | 34.7% | 33.5% | 19.3% | 19.0% | 37.2% | 29.4% | 21.4% | 21.7% | 31.6% |
| Operating margin | 22.9% | 19.6% | 16.5% | 16.4% | 8.3% | 5.1% | −15.8% | 2.2% | 2.3% | −1.4% | 1.0% |
| Net margin | 13.5% | 11.3% | 8.0% | 8.4% | 5.7% | 0.4% | −18.8% | −2.4% | 0.0% | 0.6% | −3.4% |