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 - Q1 2025 - May 1, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 69.5 % -8.46%
Quick Ratio 11.2 % -18.3%
Return On Equity 33.1 % +33.3%
Return On Assets 5.9 % +6.5%
Operating Margin 15.9 % +5.17%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 217M shares -2.16%
Common Stock, Shares, Outstanding 217M shares -2.11%
Entity Public Float 27.8B USD +65.5%
Weighted Average Number of Shares Outstanding, Basic 218M shares -2.2%
Weighted Average Number of Shares Outstanding, Diluted 219M shares -2.24%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 16.4B USD +1.73%
Revenue from Contract with Customer, Excluding Assessed Tax 14B USD -10.3%
General and Administrative Expense 393M USD +11.4%
Operating Income (Loss) 2.6B USD +7.02%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.87B USD +10.8%
Income Tax Expense (Benefit) 374M USD +11.4%
Net Income (Loss) Attributable to Parent 1.31B USD +16.3%
Earnings Per Share, Basic 5 USD/shares +11.5%
Earnings Per Share, Diluted 5 USD/shares +12%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 151M USD +37.8%
Accounts Receivable, after Allowance for Credit Loss, Current 1.4B USD -5.42%
Inventory, Net 256M USD +14.1%
Other Assets, Current 191M USD +132%
Assets, Current 2.08B USD +5.23%
Property, Plant and Equipment, Net 18.4B USD +13%
Operating Lease, Right-of-Use Asset 104M USD +61.5%
Goodwill 45.2M USD 0%
Other Assets, Noncurrent 170M USD +4.03%
Assets 22.8B USD +9.37%
Accounts Payable, Current 1.89B USD +10.5%
Accrued Liabilities, Current 164M USD -44.7%
Liabilities, Current 3.2B USD +13.6%
Long-term Debt and Lease Obligation 15.5B USD +24.3%
Deferred Income Tax Liabilities, Net 902M USD +50.3%
Operating Lease, Liability, Noncurrent 90.4M USD +60%
Other Liabilities, Noncurrent 385M USD +26.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax 6.1M USD -82%
Retained Earnings (Accumulated Deficit) 1.3B USD +98%
Stockholders' Equity Attributable to Parent 2.45B USD -9.34%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.57B USD -43.8%
Liabilities and Equity 22.8B USD +9.37%

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 242M shares +0.44%
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 151M USD +37.8%
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 1.09B USD +12.9%
Payments to Acquire Property, Plant, and Equipment 792M USD +18.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.28B USD +19.2%
Lessee, Operating Lease, Liability, to be Paid 134M USD +51.9%
Property, Plant and Equipment, Gross 30.2B USD +11.8%
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 3.04B USD -1.21%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 361M USD -5.22%
Depreciation, Depletion and Amortization 1.45B USD +7.79%
Deferred Tax Assets, Net of Valuation Allowance 1.21B USD -10.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%