Name: TRGP Income Statement - Targa Resources Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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TRGP - Targa Resources Corp.

USD | NYSE | Utilities

TRGP Income Statement - Targa Resources Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16
Revenues
Revenues	4,094.7	4,055.5	4,151.2	4,260.1	4,561.5	4,405.3	3,851.8	3,562.0	4,562.4	4,239.5	3,896.6	3,403.7	4,520.5	4,554.8	5,360.1	6,055.8

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Revenues
Revenues	16,561.5	17,028.3	16,381.5	16,060.3	20,929.8	16,949.8	8,260.3	8,671.1	10,484.0	8,814.9	5,586.7	-	-	-	-	-	-	-
Cost of Revenue	9,644.5	10,507.8	10,703.0	10,676.4	16,882.1	13,729.5	5,186.5	6,208.0	8,238.2	6,906.1	4,922.9	-	-	-	-	-	-	-
Gross Profit	6,917.0	6,520.5	5,678.5	5,383.9	4,047.7	3,220.3	3,073.8	2,463.1	2,245.8	1,908.8	663.8	-	-	-	-	-	-
Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income
Operating Income	3,634.8	3,331.2	2,695.4	2,626.2	1,729.0	864.8	(1,303.7)	192.9	237.5	(122.4)	55.8	159.3	640.5	368.2
Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax & Net
Income Tax Expense	581.4	529.7	384.5	363.2	131.8	14.8	(248.1)	(87.9)	5.5	(397.1)	(100.6)	39.6	68.0	48.2	36.9
Per Share
EPS Basic	9.93	8.52	5.77	3.69	3.95	(0.07)	(7.26)	(1.44)	(0.53)	(0.31)	(1.80)	1.09	2.44	1.56	0.93	0.75
Supplementary Data
EBITDA	5,208.5	4,846.5	4,118.4	3,955.8	2,825.0	1,735.4	(438.6)	1,164.5	1,053.4	687.1	813.5	803.8	991.5	640.1	533.9	532.1

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	107.8	111.7	104.8	95.0	94.5	97.5	102.6	98.3	86.5	95.3	90.0	81.0	82.4	92.5	79.1	71.0	67.1
Depreciation & Amortization	426.0	390.5	383.5	373.7	367.6	378.5	355.4	348.6	340.5	341.4	331.3	332.1	324.8	329.8	287.2	269.9
Amortization of Intangibles	103.2	81.5	81.5	81.5	81.5	93.3	93.3	93.3	93.3	96.0	96.0	96.0	96.0	-	80.7	-
Other Operating Expenses	14.2	9.3	13.9	1.8	5.3	(0.2)	0.4	0.2	0.0	-	(2.5)	-	0.6	(4.6)	3.8	0.1	0.5
Total Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Operating Income
Operating Income	846.9	917.4	836.9	1,033.6	543.3	700.6	728.2	627.2	639.4	635.3	505.1	649.1	836.7	551.3	430.0	451.9	295.8	(91.6)	366.5	245.8	344.1	265.2	295.5	213.1	(2,077.5)	(23.7)	41.6	113.7	61.3	(80.9)	76.7	155.4	86.3	113.5	(323.6)	37.2	50.5	(97.6)	51.6	66.3

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income From Equity Investments	8.6	(5.2)	6.4	5.1	5.5	1.5	2.2	2.9	2.8	2.8	3.0	3.4	(0.2)	0.4	1.7	1.4
Other Non-Operating Income	(16.6)	(4.0)	(1.1)	1.0	0.3	0.0	(0.4)	(0.9)	1.7	0.2	(0.1)	(2.0)	(3.0)	(0.5)	(14.6)	0.5	(0.5)
Pre-Tax Income	611.3	692.2	620.9	821.3	352.0	524.4	545.1	453.2	415.3	460.2	332.9	483.9	665.5	405.7	291.3	774.7

Tax & Net
Income Tax Expense	123.9	139.1	134.3	184.1	72.2	110.5	97.0	94.3	82.7	102.6	53.9	96.4	110.3	9.8	12.0	87.1	22.9	(8.8)	2.0	6.6	15.0	38.5	31.9	(23.2)	(295.3)	(77.9)	(3.8)	(3.3)	(2.9)	(32.3)	(3.9)	32.8	8.9	(264.8)	(97.4)	(106.0)	71.1	(96.7)	(8.7)	1.7
Net Income From Continuing Ops	487.4	553.1	486.6	637.2	279.8	413.9	448.1	358.9	332.6	357.6	279.0	387.5	555.2	395.9	279.3	687.6	168.6
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	487.4	553.1	486.6	637.2	279.8	413.9	448.1	358.9	332.6	357.6	279.0	387.5	555.2	395.9	279.3	687.6	168.6
Net Income Attributable To Parent	479.6	545.0	478.4	629.1	270.5	350.9	387.4	298.5	275.2	299.6	220.0	329.3	497.0	318.0	193.1	596.4
Less: Minority Interest	7.8	8.1	8.2	8.1	9.3	63.0	60.7	60.4	57.4	58.0	59.0	58.2	58.2	77.9	86.2	91.2	80.6
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8.2	21.8
Net Income To Common Shareholders	479.6	545.0	478.4	629.1	200.0	318.0	387.4	298.5	275.2	280.2	220.0	329.3	6.3	317.9	193.1

Per Share
EPS Basic	2.22	-	2.21	2.88	0.91	-	1.76	1.34	1.23	-	0.97	1.44	0.03	-	0.85	1.64	1.64	-	0.70	0.15	0.54	-	0.16	0.21	(7.60)	-	(0.34)	(0.18)	(0.30)	-	(0.24)	0.36	(0.03)	-	(0.91)	0.14	(0.77)	-	(0.23)	(0.33)
EPS Diluted	2.21	-	2.20	2.87	0.91	-	1.75	1.33	1.22	-	0.97	1.44	0.03	-	0.84	1.61	0.06	-
Shares Basic	214.8	-	215.2	216.6	217.9	-	219.0	221.0	222.8	-	223.8	225.6	226.4	-	226.6	227.8	228.5	-
Shares Diluted	215.5	-	216.0	217.3	218.7	-	220.0	221.9	223.7	-	225.1	226.8	229.3	-	230.3	231.7	232.4	-

Supplementary Data
EBITDA	1,272.9	1,307.9	1,220.4	1,407.3	910.9	1,079.1	1,083.6	975.8	979.9	976.7	836.4	981.2	1,161.5	881.1	717.2	721.8	504.9	128.1	589.3	457.7	560.3	483.0	499.2	417.6	(1,838.4)	229.0	285.9	350.9	298.7	128.0	283.0	358.0	284.4	320.2	(115.3)	240.6	241.6	96.5	235.6	252.4
EBIT	846.9	917.4	836.9	1,033.6	543.3	700.6	728.2	627.2	639.4	635.3	505.1	649.1	836.7	551.3	430.0	451.9	295.8	(91.6)	366.5