Targa Resources Corp.

NYSE:TRGP

167.76 (USD) • At close August 29, 2025
Overview | Financials

Numbers are in millions (except for per share data and ratios) USD.

2025 Q22025 Q12024 Q42024 Q32024 Q22024 Q12023 Q42023 Q32023 Q22023 Q12022 Q42022 Q32022 Q22022 Q12021 Q42021 Q32021 Q22021 Q12020 Q42020 Q32020 Q22020 Q12019 Q42019 Q32019 Q22019 Q12018 Q42018 Q32018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q32015 Q22015 Q12014 Q42014 Q32014 Q22014 Q12013 Q42013 Q32013 Q22013 Q12012 Q42012 Q32012 Q22012 Q12011 Q42011 Q32011 Q22011 Q12010 Q42010 Q32010 Q22009 Q4
Assets:
Current Assets:
Cash & Cash Equivalents 113.1151.4157.3127.2166.4109.9141.7139.5169.4211.8219192.9154135.9158.5228.6209248.5242.8275196.2375.2331.1326.3226.5124.9232.1203.2281.6219.8137.2114.198.78073.5141.1170.9114.5140.2102.9105.7170.78178.875.994.966.783.782.9112.776.3120.7117.5121.2145.8154.1154.7147.7188.4188.3249.4252.4
Short Term Investments 00000000000000000000000000000000000000000000000000000000000000
Cash and Short Term Investments 113.1151.4157.3127.2166.4109.9141.7139.5169.4211.8219192.9154135.9158.5228.6209248.5242.8275196.2375.2331.1326.3226.5124.9232.1203.2281.6219.8137.2114.198.78073.5141.1170.9114.5140.2102.9105.7170.78178.875.994.966.783.782.9112.776.3120.7117.5121.2145.8154.1154.7147.7188.4188.3249.4252.4
Net Receivables 1,408.61,403.31,618.31,301.21,216.91,483.71,4711,241.1988.11,023.41,408.41,534.91,612.61,567.21,331.91,291901.8997.1862.8609.8547.2438.1855744637.2752.8865.51,037.2867.2745.6827.6715552.4608.3742.4625.9490.1428.4515.8621602.5675.6567.3698.1682.6610.4658.8498.5435.8427.6514.9416.2368.1462.6575.7544.5495.8444.6466.6350.5330.7404.3
Inventory 443.5256.2334.3414.9320.6224.5371.5536.2312.3156.2393.8471.3202.297.5153.4316.865.651.6181.5261.7219.3100.2161.5210.9205.1197.9164.7177.9181.496.7204.5267.4197.775.5137.7150.311161.7141151.1124.878.2168.9251.2151.788.5150.7201.7138.36699.484.489.745.592.2139.469.95.250.45549.339.4
Other Current Assets 242265.3186.4184.9162.7154.9210.4222.5259247.4335.4298.2195.399.9126156.9141.5111.6173.2297.9262.3300.8310.7194.8143.1105.4156.6308.1101.398.2100.6104.366.148.353.259.484.7111.3123126.1130.5143.165.4252916.12125.140.924.942.745.174.246.952.852.75941.245.148.259.348.9
Total Current Assets 2,207.22,076.22,296.32,028.21,866.61,9732,194.62,139.31,728.81,638.82,356.62,497.32,164.11,900.51,769.81,993.31,317.91,408.81,460.31,444.41,2251,214.31,658.31,4761,211.91,1811,418.91,726.41,431.51,160.31,269.91,200.8914.9812.11,006.8976.7856.7715.99201,001.1963.51,067.6882.61,053.1939.2809.9897.2809697.9631.2733.3666.4649.5676.2866.5890.7779.4638.7750.5642688.7745
Non-Current Assets:
Property, Plant & Equipment, Net 19,020.318,405.618,062.717,425.216,891.216,282.815,806.415,333.514,890.414,47014,214.613,716.411,878.311,65311,667.711,922.411,996.612,060.712,173.612,292.812,417.412,411.814,548.514,696.914,368.813,703.412,928.412,080.911,421.310,841.610,43010,068.810,226.89,963.49,6919,680.29,702.59,734.69,702.79,750.29,684.39,8334,824.64,693.74,623.84,464.34,349.94,109.43,883.43,692.43,5383,061.22,964.52,8722,819.52,616.82,587.42,543.72,5092,494.92,508.22,548.1
Goodwill 000000000000000000000045.246.646.646.646.6256.6256.6256.6256.6256.6256.6369210393393393417551.4557.9628.500000000000000000000
Intangible Assets 1,814.41,895.91,977.42,070.72,1642,257.32,350.62,446.62,542.62,638.62,734.62,839.71,038.81,066.81,094.81,284.21,316.91,349.61,382.41,417.61,452.81,4881,7351,854.41,897.31,940.21,983.22,029.62,074.32,120.12,165.82,214.82,264.72,238.81,6541,6931,7261,765.11,810.11,695.71,735.61,602.4591.9607.3622.7638.1653.4660.3667.1674.1680.800462.600000000
Goodwill and Intangible Assets 1,814.41,895.91,977.42,070.72,1642,257.32,350.62,446.62,542.62,638.62,734.62,839.71,038.81,066.81,094.81,284.21,316.91,349.61,382.41,417.61,452.81,4881,780.21,9011,943.91,986.82,029.82,286.22,330.92,376.72,422.42,471.42,521.32,607.81,8642,0862,1192,158.12,227.12,247.12,293.52,230.9591.9607.3622.7638.1653.4660.3667.1674.1680.80-0.14.1-0.10000000
Long Term Investments 268.6217.6193.3177.3159.8152.2146.3138.3131.8134.7131.3136.4137.1579.8586.5674.6685.2695.7714718.8724.3736.8738.7718.5676.7605.9490.5441.5363.9313.4221.6222.1218.4227240.8246.9250.2254.9258.9264.2258322.950.251.752.353.755.951.257.654.853.15150.142.736.800015.2000
Tax Assets 00000000000000000000000000000000000000000000000000000000000000
Other Non-Current Assets 202.3205204.4202.4182.6180.8173.9131.9168.2143.4122.9200.111695.389.498.295.2133.6145.4178.5145.9175.9134.6126.1116.992.170.634.148.561.244.735.23743.568.665.871.785.7102.3155.6153.6170.9104.286.190.489.292.295.4101.19699.8102.9116.4107.5106.8282.9134.5140119.1160.5124.574.4
Total Non-Current Assets 21,305.620,724.120,437.819,875.619,397.618,873.118,477.218,050.317,73317,386.717,203.416,892.613,170.213,394.913,438.413,979.414,093.914,239.614,415.414,607.714,740.414,812.517,156.817,442.517,106.316,388.215,519.314,842.714,164.613,592.913,118.712,797.513,003.512,841.711,864.412,078.912,143.412,233.312,333.712,417.112,389.412,557.75,570.95,438.85,389.25,245.35,151.44,916.34,709.24,517.34,371.73,215.13,1313,022.22,964.52,899.72,721.92,683.72,643.32,655.42,632.72,622.5
Total Assets 23,512.822,800.322,734.121,903.821,264.220,846.120,671.820,189.619,461.819,025.519,56019,389.915,334.315,295.415,208.215,972.715,411.815,648.415,875.716,052.115,965.416,026.818,815.118,918.518,318.217,569.216,938.216,569.115,596.114,753.214,388.613,998.313,918.413,653.812,871.213,055.613,000.112,949.213,253.713,418.213,352.913,625.36,453.56,491.96,328.46,055.26,048.65,725.35,407.15,148.55,1053,881.53,780.53,698.43,8313,790.43,501.33,322.43,393.83,297.43,321.43,367.5
Liabilities & Equity:
Current Liabilities:
Account Payables 1,726.71,889.82,012.51,467.91,686.81,709.51,574.91,581.31,173.31,255.31,448.81,806.41,9011,803.51,402.31,652.31,034.5947.7833.8617.7607.7583.4954.8976.5984.51,167.31,200.51,494.21,112849.71,001.2823.2674.9634.3691.4533.1528.8420.2521.4518.2509.8618.5527.8678.5706.7637.8655.7586508.5524.5571.2428368.9462.6603.5298.9326.4191.2254.2174158.9206.4
Short Term Debt 768.2660.4387.7653.3601.2546.1620.7602586739834.3766.5414.6283.8162.8352.6371.7282368.6261.9261.9280.6382.2258309.3318.11,027.9290180300350528.4500.1534.9275225225150219.3135.5124.2197.9182.800000000000000000012.5
Tax Payables 000000000000000000085.903762.479.961.540.547.790.458.529.527.161.24522.624.249.634.819.113.442.831.71911.725.520.932.80000000000000000
Deferred Revenue 00000000000000000000000000000000000000000000000000000000000000
Other Current Liabilities 681.8647.9772.4506.1602.6558.9565.3498.8561.3472.3783.6820.8837.8823.1733.4863.4695.9535.3577415.4450.1295473.2354.9302.7515.7522.7681.8602.8205.1238.3220.5175.6232.5177141.1149103.7120.8165.7181.3147.5104.298.791.387.8114.7101.1100.1108.6115.498.3118.9106.7137.6374.6376.3348.8370351404.6334.9
Total Current Liabilities 3,176.73,198.13,172.62,627.32,890.62,814.52,760.92,682.12,320.62,466.63,066.73,393.73,153.42,910.42,298.52,868.32,102.11,7651,779.41,380.91,319.71,1961,872.61,669.31,6582,041.62,798.82,556.41,953.31,384.31,616.61,633.31,395.61,424.31,167.6948.8937.6693874.9862.2847982.9826.5802.7818.9758.4770.4687.1608.6633.1686.6526.3487.8569.3741.1673.5702.7540624.2525563.5553.8
Non-Current Liabilities:
Long Term Debt 16,082.315,548.313,877.313,682.313,045.512,586.512,389.712,353.911,852.411,466.810,730.710,4917,046.26,964.96,468.96,434.16,603.87,090.77,433.37,652.27,579.67,639.87,487.47,279.76,690.37,166.35,632.45,678.95,392.55,064.24,7034,368.63,937.54,213.34,6064,725.94,778.34,921.25,718.85,938.85,796.15,838.22,885.43,137.23,048.22,891.72,989.32,867.92,7282,522.42,475.31,7511,610.31,469.71,5671,603.41,265.81,268.41,534.71,522.11,625.11,593.5
Deferred Revenue Non-Current 00119.9119.3118.3119.1248.8202.1200.1204.5198.8197.100171.8000168.50001720173.9174.6175.5176.4134.3135.2136.267.568.36969.830.132.629.227.700060000000000000000000
Deferred Tax Liabilities Non-Current 1,079.4902.2872.1793.7684.5600.2535.8418.3405.1298.3327.7301.4213.48813678.7124.1161.3152.1131.1134.6204.4434.2527.7512.7507.6525.2487.5519.2509.6479728.5852.9951.6941.21,141.71,0831,117177.8156.8133.5127.8138.7135.5142.7138.8135.5136.1125127.2131.2116.3107.3118120.5117.6119.9119.6111.684.680.550
Other Non-Current Liabilities 463579.2274222.7176.3148.2126.6155.4143.4177.1253.9275.3520.41,314.8954.31,191.71,185.31,109439.2676.4662.4614.1406621.9344.2341.8335.5399.7346.6695.5697.8655728.9824.7362.2332.2331.5308.1161.680.584.18257.366.775.667.362.159.664.262.658.560.666.876.171.763.4108.9112.887.295.9183.2415.3
Total Non-Current Liabilities 17,624.717,029.715,143.314,81814,024.613,45413,300.913,129.712,60112,146.711,511.111,264.87,7808,367.77,7317,704.57,913.28,3618,193.18,459.78,376.68,458.38,499.68,429.37,721.18,190.36,668.66,742.56,392.66,404.56,0165,819.65,587.66,058.65,979.26,229.96,225.46,375.56,085.96,176.16,013.76,0483,087.43,339.43,266.53,097.83,186.93,063.62,917.22,712.22,6651,927.91,784.41,663.81,759.21,784.41,494.61,500.81,733.51,702.61,888.82,058.8
Total Liabilities 20,801.420,227.818,315.917,445.316,915.216,268.516,061.815,811.814,921.614,613.314,577.814,658.510,933.411,278.110,029.510,572.810,015.310,1269,972.59,840.69,696.39,654.310,372.210,098.69,379.110,231.99,467.49,298.98,345.97,788.87,632.67,452.96,983.27,482.97,146.87,178.77,1637,068.56,960.87,038.36,860.77,030.93,913.94,142.14,085.43,856.23,957.33,750.73,525.83,345.33,351.62,454.22,272.22,233.12,500.32,457.92,197.32,040.82,357.72,227.62,452.32,612.6
Equity:
Preferred Stock 00000000000000000000000000000000000000000000000000000000000095.9308.4
Common Stock 0.200.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.20.10.10.10.100000000000000000000
Retained Earnings 1,705.41,295.31,1901,004.7783.9654.1492305.5199.5-129.8-626.8-944.8-1,137.9-1,734.3-1,822.3-1,508.7-1,690.9-1,747.1-1,893.5-1,927.1-1,996.4-2,077.4-339.6-226.8-179.5-169.3-130.4-23.860-49.1-77.2-360.5-192.9-250.5-187.3-36.6-25.9-2.726.912.615.43.125.530.826.519.620.512.6-3.7-18.6-32-43.2-51.9-60.5-70.1-78.6-83.5-94-100.8-93-75.7-85.8
Accumulated Other Comprehensive Income/Loss 43.26.127.565.111.433.985.6-5.3130.884.854.7-6.7-276.4-418.4-230.9-442.1-294.4-158.4-141.8-90.821.6168.492.5140.98348.994.3-125.9-37.934.4-29.9-43.521.56.5-38.3-2.7-5.7435.75.23.55.34.80.3-0.9-0.8-0.50.31.70.11.22.260-1.30.4-4.2-4.40.615.9-20.3
Other Total Stockholders Equity 839.31,149.91,374.71,503.91,6722,015.72,161.92,205.72,344.72,595.53,237.63,335.83,4843,849.54,064.84,135.74,171.34,2024,6894,852.74,892.24,935.15,167.75,404.15,638.65,876.56,115.36,230.96,195.56,105.26,267.26,399.66,632.15,933.75,4745,345.95,306.25,292.61,428.71,463.91,497.11,505.6139.5128.4126.2125.6128.8138.1122.1163.9174.9172186.8200.8229.5243.9257.2267.4244.5240.732.5-114.9
Total Shareholders Equity 2,588.12,451.32,592.42,573.92,467.52,703.92,739.72,506.12,675.22,550.72,665.72,384.52,069.91,6972,011.82,185.12,186.22,296.72,653.92,8352,917.63,026.34,920.85,318.45,542.35,756.36,079.46,081.46,217.86,090.76,160.35,995.86,460.95,689.95,248.65,306.85,274.85,333.11,461.41,481.81,516.11,514.1169.8159.5151.8144.4148.8151120.1145.4144.1131140.9140.3158.1165.7169.5169144.3134.358.687.4
Total Equity 2,711.42,572.54,418.24,458.54,3494,577.64,6104,377.84,540.24,412.24,982.24,731.44,400.94,017.35,178.75,399.95,396.55,522.45,903.26,211.56,269.16,372.58,442.98,819.98,939.17,337.37,470.87,270.27,250.26,964.46,7566,545.46,935.26,170.95,724.45,876.95,837.15,880.76,250.26,379.96,492.26,594.42,539.52,349.82,2432,1992,091.31,974.61,881.31,803.21,753.41,427.31,508.31,465.31,330.71,332.51,3041,281.61,036.11,069.8869.1754.9
Total Liabilities & Shareholders Equity 23,512.822,800.322,734.121,903.821,264.220,846.120,671.820,189.619,461.819,025.519,56019,389.915,334.315,295.415,208.215,972.715,411.815,648.415,875.716,052.115,965.416,026.818,815.118,918.518,318.217,569.216,938.216,569.115,596.114,753.214,388.613,998.313,918.413,653.812,871.213,055.613,000.112,949.213,253.713,418.213,352.913,625.36,453.56,491.96,328.46,055.26,048.65,725.35,407.15,148.55,1053,881.53,780.53,698.43,8313,790.43,501.33,322.43,393.83,4423,321.43,367.5