Skip to content

    Targa Resources Corp.

    Overview

    Price

    Market Cap

    Sector

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly
    MetricQ2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Trend
    EarningsRevenue
    $3.56B
    $3.85B
    $4.41B
    $4.56B
    $4.26B
    +19.6%
    $4.15B
    +7.8%
    $4.06B
    -7.9%
    $4.09B
    -10.2%
    Weakening
    Operating Profit
    $627.20M
    $728.20M
    $700.60M
    $543.30M
    $1.03B
    +64.8%
    $836.90M
    +14.9%
    $917.40M
    +30.9%
    $846.90M
    +55.9%
    Strengthening
    Net Profit
    $298.50M
    $387.40M
    $350.90M
    $270.50M
    $629.10M
    +110.8%
    $478.40M
    +23.5%
    $545.00M
    +55.3%
    $479.60M
    +77.3%
    Strengthening
    EPS
    $1.34
    $1.76
    $0.91
    $2.88
    +114.9%
    $2.21
    +25.6%
    $2.22
    +144.0%
    Strengthening
    Other Income
    Interest
    Depreciation
    Profit before Tax
    $453.20M
    $545.10M
    $524.40M
    $352.00M
    $821.30M
    +81.2%
    $620.90M
    +13.9%
    $692.20M
    +32.0%
    $611.30M
    +73.7%
    Strengthening
    MarginsOPM
    17.6%
    18.9%
    15.9%
    11.9%
    24.3%
    +37.8%
    20.2%
    +6.6%
    22.6%
    +42.3%
    20.7%
    +73.6%
    Strengthening
    Tax
    20.8%
    17.8%
    21.1%
    20.5%
    22.4%
    +7.7%
    21.6%
    +21.6%
    20.1%
    -4.6%
    20.3%
    -1.2%
    Strengthening
    ReturnsROIC
    11.7%
    15.2%
    13.7%
    10.6%
    24.6%
    +110.8%
    18.7%
    +23.5%
    21.3%
    +55.3%
    18.8%
    +77.3%
    Strengthening

    Balance Sheet

    Balance Sheet

    USD · Annual
    Line itemFY18FY19FY20FY21FY22FY23FY24FY25TTM
    AssetsCash & Equivalents$232.10M$331.10M$242.80M$158.50M$219.00M$141.70M$157.30M$166.10M$100.10M
    Short-Term Investments
    Total Current Assets$1.42B$1.66B$1.46B$1.77B$2.36B$2.19B$2.30B$2.36B$2.44B
    Net PP&E$12.93B$14.59B$12.23B$11.72B$14.27B$15.87B$18.17B$20.63B$21.77B
    Goodwill$46.60M$45.20M$45.20M$45.20M$45.20M$45.20M$45.20M$112.30M$118.90M
    Intangibles$1.98B$1.74B$1.38B$1.09B$2.73B$2.35B$1.98B$1.65B$2.20B
    Total Assets$16.94B$18.82B$15.88B$15.21B$19.56B$20.67B$22.73B$25.22B$27.11B
    LiabilitiesTotal Current Liabilities$2.80B$1.87B$1.78B$2.30B$3.07B$2.76B$3.17B$3.55B$3.40B
    Short-Term Debt$1.03B$370.00M$356.50M$150.00M
    Long-Term Debt$5.63B$7.82B$7.76B$6.60B$11.54B$12.95B$14.17B$17.43B$19.13B
    Long-Term Leases$47.20M$46.20M$34.50M$28.60M$56.50M$90.40M$89.50M
    Total Liabilities$9.47B$10.37B$9.97B$10.03B$14.58B$16.06B$18.32B$22.02B$23.84B
    EquityCommon Stock & APIC
    Retained Earnings-$130.40M-$339.60M-$1.89B-$1.82B-$626.80M$492.00M$1.19B$2.29B$2.56B
    Total Equity$6.08B$4.92B$2.65B$2.01B$2.67B$2.74B$2.59B$3.07B$3.14B
    HighlightsNet Cash / (Debt)-$6.43B-$7.86B-$7.87B-$6.59B

    Cash Flow

    Cash Flow

    USD · Annual
    Line itemFY18FY19FY20FY21FY22FY23FY24FY25TTM
    ActivitiesCash from Operating$1.14B$1.39B$1.74B$2.30B$2.38B$3.21B$3.65B$3.92B$3.70B
    Cash from Investing-$3.15B-$3.07B-$738.10M-$473.20M-$4.15B-$2.40B-$3.02B-$3.64B-$4.99B
    Cash from Financing$2.10B$1.78B-$1.09B-$1.91B$1.83B-$888.10M-$612.80M-$266.60M$1.24B
    SummaryCapital Expenditure-$3.11B-$2.88B-$951.60M-$505.10M-$1.33B-$2.39B-$2.97B-$3.33B-$3.44B
    Free Cash Flow-$1.97B-$1.49B$792.90M$1.80B$1.05B$826.20M$683.90M$584.10M$261.90M
    FCF Margin-18.8%-17.2%9.6%10.6%5.0%5.1%4.2%3.4%1.6%