Targa Resources Corp. financial data

Symbol
TRGP on NYSE
Location
Houston, TX
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 05 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 71% % -2.4%
Quick Ratio 12% % 1.7%
Return On Equity 55% % 97%
Return On Assets 7.4% % 25%
Operating Margin 18% % 10%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 214,658,564 shares -1.6%
Common Stock, Shares, Outstanding 214,843,087 shares -1.6%
Entity Public Float $27,824,100,000 USD 66%
Weighted Average Number of Shares Outstanding, Basic 215,200,000 shares -1.7%
Weighted Average Number of Shares Outstanding, Diluted 216,000,000 shares -1.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $17,378,100,000 USD 7.2%
Revenue from Contract with Customer, Excluding Assessed Tax $14,035,400,000 USD -10%
General and Administrative Expense $391,800,000 USD 2.4%
Operating Income (Loss) $3,114,400,000 USD 18%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2,318,600,000 USD 24%
Income Tax Expense (Benefit) $501,100,000 USD 33%
Net Income (Loss) Attributable to Parent $1,728,900,000 USD 37%
Earnings Per Share, Basic 7 USD/shares 33%
Earnings Per Share, Diluted 7 USD/shares 34%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $124,100,000 USD -2.4%
Accounts Receivable, after Allowance for Credit Loss, Current $1,407,700,000 USD 8.2%
Inventory, Net $490,700,000 USD 18%
Other Assets, Current $157,300,000 USD 43%
Assets, Current $2,279,600,000 USD 12%
Property, Plant and Equipment, Net $19,610,100,000 USD 13%
Operating Lease, Right-of-Use Asset $103,700,000 USD 62%
Goodwill $45,200,000 USD 0%
Other Assets, Noncurrent $203,100,000 USD 22%
Assets $24,174,800,000 USD 10%
Accounts Payable, Current $1,584,400,000 USD 7.9%
Accrued Liabilities, Current $281,100,000 USD -12%
Liabilities, Current $2,947,200,000 USD 12%
Long-term Debt and Lease Obligation $16,742,000,000 USD 23%
Deferred Income Tax Liabilities, Net $1,226,000,000 USD 54%
Operating Lease, Liability, Noncurrent $90,400,000 USD 60%
Other Liabilities, Noncurrent $391,600,000 USD 15%
Accumulated Other Comprehensive Income (Loss), Net of Tax $57,400,000 USD -12%
Retained Earnings (Accumulated Deficit) $1,966,200,000 USD 96%
Stockholders' Equity Attributable to Parent $2,706,800,000 USD 5.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $2,833,800,000 USD -36%
Liabilities and Equity $24,174,800,000 USD 10%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $954,400,000 USD 8.9%
Net Cash Provided by (Used in) Financing Activities $147,000,000 USD 36%
Net Cash Provided by (Used in) Investing Activities $813,300,000 USD -20%
Common Stock, Shares Authorized 450,000,000 shares 0%
Common Stock, Shares, Issued 242,702,869 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 $5,900,000 USD 81%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $124,100,000 USD -2.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities $340,900,000 USD 27%
Deferred Tax Assets, Valuation Allowance $5,900,000 USD -17%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross $1,220,400,000 USD -10%
Operating Lease, Liability $115,600,000 USD 48%
Depreciation $1,165,500,000 USD 15%
Payments to Acquire Property, Plant, and Equipment $792,200,000 USD 18%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $1,721,200,000 USD 29%
Lessee, Operating Lease, Liability, to be Paid $134,100,000 USD 52%
Property, Plant and Equipment, Gross $31,974,100,000 USD 12%
Operating Lease, Liability, Current $25,200,000 USD 16%
Lessee, Operating Lease, Liability, to be Paid, Year Two $24,900,000 USD 48%
Lessee, Operating Lease, Liability, to be Paid, Year One $22,200,000 USD -13%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) $56,900,000 USD -29%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $18,500,000 USD 85%
Lessee, Operating Lease, Liability, to be Paid, Year Three $24,500,000 USD 119%
Unrecognized Tax Benefits $0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four $19,900,000 USD 93%
Additional Paid in Capital $3,070,800,000 USD -1.1%
Amortization of Intangible Assets $337,800,000 USD -10%
Depreciation, Depletion and Amortization $1,503,300,000 USD 8.5%
Deferred Tax Assets, Net of Valuation Allowance $1,214,500,000 USD -10%