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Targa Resources Corp. (TRGP) Financial Statements

Targa Resources Corp.
SIC 4922 · NATURAL GAS TRANSMISSION
FIGI BBG001TC94B9
XNYS · usd
281.60▲ 2.20 (0.79%)
As of 2026-07-14
Valuation
Market Cap
Enterprise Value
Trailing P/E
Price / Sales
EV / Revenue
EV / EBITDA
Financial Highlights
Revenue (TTM)$16.6B
Net Income (TTM)$2.1B
EBITDA
Diluted EPS (TTM)
EBITDA Margin31.4%
Net Debt
Trading Information
Previous Close279.40
Day's Range278.97 – 282.81
52-Week Range144.14 – 282.81
Volume1.08M
Avg Volume1.20M
Share Statistics
Shares Outstanding214.7M
Employees3,570
ExchangeXNYS
Listed2010-12-07

Key questions about Targa Resources Corp. (TRGP)

What is Targa Resources Corp.'s Market Cap?
Targa Resources Corp.'s Market Cap is $60.5B, based on as-reported figures from SEC (XBRL) filings.
What is Targa Resources Corp.'s Enterprise Value?
Targa Resources Corp.'s Enterprise Value is $77.3B, based on as-reported figures from SEC (XBRL) filings.
What is Targa Resources Corp.'s Trailing P/E?
Targa Resources Corp.'s Trailing P/E is 28.4×, based on as-reported figures from SEC (XBRL) filings.
What is Targa Resources Corp.'s Price / Sales?
Targa Resources Corp.'s Price / Sales is 3.7×, based on as-reported figures from SEC (XBRL) filings.
What is Targa Resources Corp.'s EV / Revenue?
Targa Resources Corp.'s EV / Revenue is 4.7×, based on as-reported figures from SEC (XBRL) filings.
What is Targa Resources Corp.'s EV / EBITDA?
Targa Resources Corp.'s EV / EBITDA is 14.8×, based on as-reported figures from SEC (XBRL) filings.
What is Targa Resources Corp.'s Revenue (TTM)?
Targa Resources Corp.'s Revenue (TTM) is $16.6B, based on as-reported figures from SEC (XBRL) filings.
What is Targa Resources Corp.'s Net Income (TTM)?
Targa Resources Corp.'s Net Income (TTM) is $2.1B, based on as-reported figures from SEC (XBRL) filings.
What is Targa Resources Corp.'s EBITDA?
Targa Resources Corp.'s EBITDA is $5.2B, based on as-reported figures from SEC (XBRL) filings.
What is Targa Resources Corp.'s Diluted EPS (TTM)?
Targa Resources Corp.'s Diluted EPS (TTM) is 9.93, based on as-reported figures from SEC (XBRL) filings.
Loading Income Statement…
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Income Statement(in millions of USD, except per-share data)
Source: Akyla.ai
Line ItemMar 31, 2026Dec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022
Revenues:
Sales of commodities
Fees from midstream services
Total revenues
YoY growth-10.2%-7.9%+7.8%+19.6%
Costs and expenses:
Product purchases and fuel
Operating expenses
Depreciation and amortization expense
General and administrative expense
Other operating (income) expense
Income (loss) from operations
% of revenue20.7%22.6%20.2%24.3%
Other income (expense):
Interest expense, net
Equity earnings (loss)
Other, net
Income (loss) before income taxes
Income tax (expense) benefit
Net income (loss)
% of revenue11.9%13.6%11.7%15.0%
Less: Net income (loss) attributable to noncontrolling interests
Net income (loss) attributable to Targa Resources Corp.
% of revenue11.7%13.4%11.5%14.8%
Premium on repurchase of noncontrolling interests, net of tax—
Net income (loss) attributable to common shareholders
Net income (loss) per common share - basic
Net income (loss) per common share - diluted
Weighted average shares outstanding - basic
Weighted average shares outstanding - diluted