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TRGP

Targa Resources Corp.

Natural Gas Transmission · SIC 4922CIK 1389170Held by 11 tracked managersEDGAR filings ↗10-K/10-Q ↗

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Revenue FY2025
$17.03B
Net Income FY2025
$1.92B
EPS (Basic, as reported)
$8.52
Net Margin FY2025
11.3%
ROE FY2025
62.7%
Total Equity
$3.07B
Shares Out
214M
Business description

Targa Resources Corp. — Natural Gas Transmission. Figures are as reported in each year's original 10-K via SEC EDGAR XBRL company facts (FY2009–FY2025; structured XBRL data begins around 2008). Market-price metrics are not part of EDGAR data.

Annual (fiscal years, as reported)USD millions
i
default rows · click any row to chart itRevenue: 6,691 → 17,028 +10.9% CAGR
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue6,6918,81510,4847,3986,87416,09319,82113,52114,13717,028
Cost of revenue(4,923)(6,906)(8,238)(6,118)(5,105)(13,729)(16,882)(10,676)(10,703)(10,508)
Gross profit1,7681,9092,2462,553——————
General & administrative(187)(203)(257)(281)(255)(273)(310)(349)(385)(406)
Total operating expenses——————————
Operating income56(122)238193(1,304)8651,7292,6262,6953,331
Interest expense——————————
Other income (expense), net1(3)0—31(15)(3)1(4)
Pre-tax income(260)(293)66(47)(1,573)4371,6631,9431,9382,486
Income tax expense(101)(397)(5)(88)(248)(15)(132)(363)(384)(530)
Net income(187)542(209)(1,554)711,1961,3461,3121,923
EPS — basic($1.80)($0.31)($0.53)($1.44)($7.26)($0.07)$3.95$3.69$5.77$8.52
EPS — diluted($1.80)($0.31)($0.53)($1.44)($7.26)($0.07)$3.88$3.66$5.74$8.49
Shares outstanding — basic (M)154207224233232229227225220216
Shares outstanding — diluted (M)154207224233232229231226221217

Showing the latest 10 of 17 fiscal years.

Source: SEC EDGAR XBRL company facts — figures as reported in each period's original filing (structured data begins ~2008). EPS and other per-share figures are as reported and are not adjusted for later stock splits; a ⚑ marks a period where the reported share count changed by a large factor. Dollar figures in millions unless per-share. Line items a company never reports are omitted. Where a filer switched XBRL concepts, the successor concept is used and definitions can differ slightly (e.g. cash may include restricted cash; banks' revenue is net of interest expense; cost of revenue may exclude D&A; net income may be the amount available to common stockholders; debt issued/repaid may be net of issuance costs or include finance-lease obligations — each only where the original concept stopped being reported). Click a period header to open that period's source filing on EDGAR.