Targa Resources Corp. financial data

Symbol
TRGP on NYSE
Location
Targa Resources Partners Lp, 1000 Louisiana Street, Suite 4300, Houston, TX
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2025 - Nov 5, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 70.9 % -2.44%
Quick Ratio 12.2 % +1.67%
Return On Equity 55.2 % +96.8%
Return On Assets 7.42 % +24.5%
Operating Margin 17.9 % +10.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 215M shares -1.56%
Common Stock, Shares, Outstanding 215M shares -1.6%
Entity Public Float 27.8B USD +65.5%
Weighted Average Number of Shares Outstanding, Basic 215M shares -1.74%
Weighted Average Number of Shares Outstanding, Diluted 216M shares -1.82%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 17.4B USD +7.17%
Revenue from Contract with Customer, Excluding Assessed Tax 14B USD -10.3%
General and Administrative Expense 392M USD +2.38%
Operating Income (Loss) 3.11B USD +18.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 2.32B USD +23.7%
Income Tax Expense (Benefit) 501M USD +33.1%
Net Income (Loss) Attributable to Parent 1.73B USD +37.1%
Earnings Per Share, Basic 7 USD/shares +33.3%
Earnings Per Share, Diluted 7 USD/shares +34.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 124M USD -2.44%
Accounts Receivable, after Allowance for Credit Loss, Current 1.41B USD +8.19%
Inventory, Net 491M USD +18.3%
Other Assets, Current 157M USD +43.1%
Assets, Current 2.28B USD +12.4%
Property, Plant and Equipment, Net 19.6B USD +12.5%
Operating Lease, Right-of-Use Asset 104M USD +61.5%
Goodwill 45.2M USD 0%
Other Assets, Noncurrent 203M USD +21.5%
Assets 24.2B USD +10.4%
Accounts Payable, Current 1.58B USD +7.94%
Accrued Liabilities, Current 281M USD -12.3%
Liabilities, Current 2.95B USD +12.2%
Long-term Debt and Lease Obligation 16.7B USD +23.1%
Deferred Income Tax Liabilities, Net 1.23B USD +54.5%
Operating Lease, Liability, Noncurrent 90.4M USD +60%
Other Liabilities, Noncurrent 392M USD +15.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax 57.4M USD -11.8%
Retained Earnings (Accumulated Deficit) 1.97B USD +95.7%
Stockholders' Equity Attributable to Parent 2.71B USD +5.16%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.83B USD -36.4%
Liabilities and Equity 24.2B USD +10.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 954M USD +8.9%
Net Cash Provided by (Used in) Financing Activities -147M USD +36.2%
Net Cash Provided by (Used in) Investing Activities -813M USD -20%
Common Stock, Shares Authorized 450M shares 0%
Common Stock, Shares, Issued 243M shares +0.42%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -5.9M USD +81.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 124M USD -2.44%
Interest Paid, Excluding Capitalized Interest, Operating Activities 341M USD +27.1%
Deferred Tax Assets, Valuation Allowance 5.9M USD -16.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.22B USD -10.4%
Operating Lease, Liability 116M USD +47.6%
Depreciation 1.17B USD +15.4%
Payments to Acquire Property, Plant, and Equipment 792M USD +18.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.72B USD +29.3%
Lessee, Operating Lease, Liability, to be Paid 134M USD +51.9%
Property, Plant and Equipment, Gross 32B USD +11.7%
Operating Lease, Liability, Current 25.2M USD +15.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 24.9M USD +48.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 22.2M USD -12.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 56.9M USD -28.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 18.5M USD +85%
Lessee, Operating Lease, Liability, to be Paid, Year Three 24.5M USD +119%
Deferred Tax Assets, Operating Loss Carryforwards 1.28B USD -18.2%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 98.8M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 19.9M USD +93.2%
Additional Paid in Capital 3.07B USD -1.14%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 338M USD -10.1%
Depreciation, Depletion and Amortization 1.5B USD +8.47%
Deferred Tax Assets, Net of Valuation Allowance 1.21B USD -10.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%