Targa Resources Corp.
NYSE:TRGP
152.19 (USD) • At close September 18, 2024
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | 2019 Q4 | 2019 Q3 | 2019 Q2 | 2019 Q1 | 2018 Q4 | 2018 Q3 | 2018 Q2 | 2018 Q1 | 2017 Q4 | 2017 Q3 | 2017 Q2 | 2017 Q1 | 2016 Q4 | 2016 Q3 | 2016 Q2 | 2016 Q1 | 2015 Q4 | 2015 Q3 | 2015 Q2 | 2015 Q1 | 2014 Q4 | 2014 Q3 | 2014 Q2 | 2014 Q1 | 2013 Q4 | 2013 Q3 | 2013 Q2 | 2013 Q1 | 2012 Q4 | 2012 Q3 | 2012 Q2 | 2012 Q1 | 2011 Q4 | 2011 Q3 | 2011 Q2 | 2011 Q1 | 2010 Q4 | 2010 Q3 | 2010 Q2 | 2010 Q1 | 2009 Q4 | 2009 Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Income
| 296.2 | 273 | 277.7 | 279 | 387.5 | 555.2 | 395.9 | 279.3 | 687.6 | 168.6 | -249.2 | 288 | 155.4 | 227.9 | 146 | 172.2 | 177.1 | -1,820.3 | -15.1 | 32.1 | 48.9 | -24.7 | -88.2 | -11.4 | 121.1 | 38.9 | 299.2 | -155.1 | 70.6 | -110.5 | -140.7 | -3.2 | -14.5 | -0.7 | -232 | 20.9 | 25.1 | 34.6 | 92.3 | 120.5 | 103.3 | 106.9 | 95.7 | 49.4 | 22.4 | 33.8 | 27.6 | 19.1 | 43.4 | 69.2 | 74.8 | 36.5 | 63.3 | 40.8 | 24.3 | -4.3 | 7.4 | 35.9 | 48.4 | 10.5 |
| Depreciation & Amortization
| 350.2 | 342.1 | 342.8 | 331.3 | 332.1 | 324.8 | 329.8 | 287.2 | 269.9 | 209.1 | 219.7 | 222.9 | 211.8 | 216.2 | 217.8 | 203.7 | 204.5 | 239.1 | 252.7 | 244.3 | 237.2 | 237.4 | 208.8 | 206.4 | 202.6 | 198.1 | 206.7 | 208.2 | 203.5 | 191.1 | 194.1 | 184 | 186.1 | 193.5 | 228.8 | 165.8 | 162.9 | 119.6 | 97.9 | 87.7 | 85.8 | 79.6 | 73.2 | 69 | 65.7 | 64 | 53.3 | 48.6 | 48.3 | 47.4 | 46.7 | 45.6 | 45.3 | 43.4 | 37.3 | 50.7 | 43.9 | 42.8 | 40.2 | 45 |
| Deferred Income Tax
| 91 | 79.8 | 97.5 | 53.1 | 93 | 106 | 8.7 | 10.6 | 84.7 | 21.1 | -9.4 | 1.2 | 5.8 | 14.5 | 37.1 | 31.9 | -23.3 | -278.4 | -77.9 | -3.8 | -3.3 | -2.9 | -32.2 | -3.9 | 32.7 | 8.9 | -260.1 | -98.1 | -107.9 | 73.4 | -33.9 | -8.7 | 1.7 | 3.1 | -17.3 | 23.4 | 12.4 | 6.1 | -0.2 | -1.8 | -1 | -1.4 | -1.6 | 6.3 | 0.5 | 0.2 | 4.6 | 1.7 | 1.3 | 1.4 | 1.4 | 9.9 | 0.7 | 0.3 | 15.5 | 9.4 | 6 | 2.2 | 14.3 | -0.8 |
| Stock Based Compensation
| 15.1 | 14.6 | 16.7 | 15.7 | 15 | 15 | 15.7 | 14.5 | 13.8 | 13.5 | 14.6 | 14.7 | 14.9 | 15 | 16.7 | 16.4 | 16.1 | 17 | 11.3 | 16.3 | 16.2 | 16.5 | 15.6 | 13.8 | 13.7 | 13.2 | 10.6 | 10.2 | 10.7 | 10.8 | 7.5 | 7 | 7.2 | 8 | 6 | 6.6 | 6.5 | 5.9 | 3.5 | 3.3 | 3.3 | 4.2 | 3.2 | 3.2 | 3 | 3.8 | 4.5 | 4.2 | 4.3 | 4.5 | 3.8 | 3.7 | 4.4 | 3.3 | 13.4 | 13 | 12 | 0.2 | 4.8 | 10 |
| Change In Working Capital
| 32.8 | 78.9 | 118.5 | -314.5 | -3.5 | 338.7 | -230.1 | -246.7 | -26.4 | 139.2 | -92.8 | -29.3 | 154.5 | 173.4 | 194.8 | -70.5 | -67.6 | 2.6 | -5.6 | 19.1 | -56.6 | 54.2 | -51.2 | 73.3 | -60.4 | 75.4 | 89.5 | -162.7 | -54.9 | 98 | -43.1 | -94.1 | 20.2 | 41.1 | 77 | -37.7 | -54.5 | 105.1 | 28.4 | -115.7 | -89.1 | 125.7 | -48.4 | -48.6 | -116.4 | 68.9 | 29 | -10.1 | -37.9 | 9.6 | 82.1 | -133 | 29.6 | -18.5 | -68.1 | -64.2 | -29.7 | 15.8 | 14.1 | 19.6 |
| Accounts Receivables
| 263.1 | 25 | 239.1 | -315.5 | 71.9 | -96 | 1,230 | 330.3 | -34.7 | 250 | -32.6 | -390.9 | 73 | -41.9 | -194.3 | -72.6 | -141.7 | 383 | -123.1 | -84 | 104.2 | 78.2 | 219.1 | -216.5 | -113.3 | 104.5 | -124.9 | -231.2 | 57.8 | 241.2 | -141.6 | -113.7 | -75.1 | 94.7 | 114.3 | -10.1 | 37.8 | 93.9 | 131.5 | -9.6 | -89 | 57.3 | -163.3 | -57.9 | -17.5 | 95.1 | -64.9 | 0 | 0 | 0 | -32.4 | 0 | 0 | 32.4 | -111.4 | -42.1 | -45.6 | 79.9 | -106.3 | 2.7 |
| Change In Inventory
| -86.8 | 147 | 170.1 | -223.3 | -148.3 | 237.5 | 84.3 | -269.3 | -107.1 | 55.9 | 168.6 | -254.2 | -13.7 | 139.9 | 88.1 | -59.1 | -119 | 62.3 | 44.7 | -13 | -16.1 | -60.6 | 2.7 | -25.9 | -100.9 | 110.2 | 63.2 | -67.8 | -122.3 | 53.7 | 11.9 | -40.2 | -49.9 | 62.3 | 10.2 | -26.7 | -44.5 | 102.4 | 81.6 | -99.7 | -78.7 | 60.6 | 25.8 | -60.6 | -83.4 | 33.7 | 1.1 | 5.2 | -44.6 | 44.3 | 45.8 | -69.5 | -64.7 | 47.3 | 4.6 | -5.6 | -24.6 | 14.2 | 1.4 | -7.2 |
| Change In Accounts Payables
| -205.2 | -64.5 | 37.6 | 350.5 | -27.2 | -292.7 | -527.8 | -276.8 | 58.1 | 363.5 | -287.4 | 673 | 44.9 | 121.2 | 263.7 | 110.8 | 173.9 | -442.7 | 72.8 | 116.1 | -144.7 | 36.6 | -273 | 315.7 | 153.8 | -139.3 | 151.2 | 136.3 | 9.6 | -196.9 | 86.6 | 59.8 | 145.2 | -115.9 | -47.5 | -0.9 | -47.8 | -91.2 | -184.7 | -6.4 | 78.6 | 7.8 | 89.1 | 69.9 | -15.5 | -59.9 | 92.8 | 25.8 | -77.7 | -154.3 | 62.3 | -21.4 | 159.9 | -98.2 | 38.7 | -16.5 | 40.5 | -78.3 | 0 | 24.1 |
| Other Working Capital
| 324.8 | -3.6 | -328.3 | -126.2 | 100.1 | 489.9 | -1,016.6 | -30.9 | 57.3 | -530.2 | 58.6 | -57.2 | 50.3 | -45.8 | 37.3 | -49.6 | 19.2 | -17.5 | 33.6 | -29.4 | 41.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -64.9 | -41.1 | 84.4 | 119.6 | -26 | -42.1 | -65.6 | 0 | 0 | 0 | 0 | 0 | 119 | 0 |
| Other Non Cash Items
| 1,126.7 | 704.3 | 104.5 | 42.7 | -147.3 | -169.9 | 17.5 | 114.7 | -394.1 | 196.7 | 621.2 | -2.3 | 81.4 | 32.8 | 36.4 | 3.1 | -20.5 | 2,292.6 | 305.4 | 58.7 | 2.3 | 27.1 | 176.6 | 92.7 | -120.4 | 19.9 | 61.7 | 264.9 | 23.8 | 55.9 | 292.8 | 18.2 | 15.5 | -3.7 | 276.7 | 32.3 | 39.2 | 21.3 | 20.8 | 0.6 | 3.5 | 3.7 | 2.5 | 16.1 | 13.5 | 3.3 | 19 | 22.7 | 5.8 | 6.7 | 5.9 | -19.6 | 8.1 | 0.8 | 82.1 | -27.1 | 10.9 | -20.9 | 11.1 | 7.3 |
| Operating Cash Flow
| 904.5 | 876.4 | 957.7 | 407.3 | 676.8 | 1,169.8 | 537.5 | 459.6 | 635.5 | 748.2 | 504.1 | 495.2 | 623.8 | 679.8 | 648.8 | 356.8 | 286.3 | 452.6 | 470.8 | 366.7 | 244.7 | 307.6 | 229.4 | 370.9 | 189.3 | 354.4 | 407.6 | 67.4 | 145.8 | 318.7 | 276.7 | 103.2 | 216.2 | 241.3 | 339.2 | 211.3 | 191.6 | 292.6 | 242.7 | 94.6 | 105.8 | 318.7 | 124.6 | 95.4 | -11.3 | 174 | 138 | 86.2 | 65.2 | 138.8 | 214.7 | -56.9 | 151.4 | 70.1 | 104.5 | -22.5 | 50.5 | 76 | 132.9 | 91.6 |
| Investing Activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments In Property Plant And Equipment
| -740.3 | -669.8 | -720 | -591.7 | -598 | -475.7 | -518.9 | -395.9 | -215.1 | -204.4 | -183.5 | -122.7 | -102.7 | -96.2 | -148.5 | -187.2 | -274.2 | -341.7 | -443.7 | -683.1 | -807.7 | -943.3 | -1,081.2 | -871.1 | -566.6 | -595.9 | -430.9 | -339 | -383.4 | -144.2 | -137.1 | -117.3 | -117.6 | -190.1 | -191.9 | -189.1 | -248.6 | -187.6 | -190.5 | -152.1 | -221.9 | -197.7 | -305.4 | -263.7 | -241.6 | -202.9 | -217.6 | -126.4 | -135.7 | -103 | -117.6 | -76.1 | -81.2 | -57 | -55.1 | -37.3 | -27.4 | -19.5 | -24.5 | -20 |
| Acquisitions Net
| 5.3 | 1.4 | -22.6 | -8.2 | 2.8 | -5 | 13.7 | -3,516.1 | 659.2 | 6.4 | 10 | 9.8 | 6.1 | 5.9 | 64.8 | 4.1 | 4.1 | 136.2 | -5.9 | 22.4 | -77.3 | -117.4 | 201.9 | -80.9 | -54.1 | -86.5 | -4 | -7.9 | -86.9 | -481.3 | 0.9 | -5.1 | 0.5 | 3.4 | -5 | -5.6 | 23.1 | -1,597.4 | 1.5 | 0.6 | 1.4 | 2.2 | -1.9 | 1.9 | 0 | 0 | -986.7 | -25.8 | 0 | 0 | 7.7 | -135.2 | 0 | -29 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases Of Investments
| -10.7 | -9.4 | -9.7 | -8.7 | -2.8 | -6.2 | 0 | -855.7 | -1.1 | -0.4 | 0 | -0.2 | -0.4 | 0 | 0 | 0 | 0 | 0 | -1 | -65.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.8 | -3.1 | -7.5 | -6.2 | -9.3 | -5.9 | -1.6 | -4.4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales Maturities Of Investments
| 0.3 | 0.7 | 1 | 0.5 | 2.8 | 1.2 | 421.1 | 855.7 | 435.9 | 6.8 | 5.7 | 2.8 | 5.8 | 5.9 | 0 | 0 | 0 | 0 | 1 | 65.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -137.4 | 0 | 0 | 137.4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activites
| -0.2 | -0.3 | -0.1 | 8.9 | 1.4 | 4.9 | -418 | 16 | -433.5 | 1 | -0.1 | -0.8 | 0.7 | 0.3 | -0.4 | 1.2 | -0.1 | 3.6 | -2.3 | 3.1 | -8.2 | -8.5 | -74.8 | -3.9 | 61.1 | 5.1 | -0.3 | -2 | -12.8 | -0.5 | -0.4 | 5.6 | -0.1 | -1.3 | 5.5 | -1.7 | 6.5 | -7.8 | -1.2 | 4 | 0.5 | 1.8 | 18.6 | -20.8 | -5.9 | -4.6 | 0.6 | 2.6 | 0.2 | 1.1 | -215.7 | -0.3 | 0.6 | -137.4 | 2.3 | 0.5 | 0 | 1.9 | 15.9 | 19.4 |
| Investing Cash Flow
| -745.6 | -677.4 | -751.4 | -599.2 | -593.8 | -480.8 | -502.1 | -3,896 | 445.4 | -197 | -173.6 | -113.7 | -95.9 | -90 | -84.1 | -181.9 | -270.2 | -201.9 | -451.9 | -657.6 | -893.2 | -1,069.2 | -954.1 | -955.9 | -559.6 | -677.3 | -435.2 | -348.9 | -483.1 | -625.5 | -136.6 | -116.8 | -117.2 | -188 | -191.4 | -196.4 | -219 | -1,792.8 | -190.2 | -147.5 | -220 | -193.7 | -288.7 | -282.6 | -247.5 | -207.5 | -1,186.9 | -152.7 | -143 | -108.1 | -119.2 | -217.5 | -82.2 | -90.4 | -52.8 | -36.8 | -27.4 | -17.6 | -8.6 | -0.6 |
| Financing Activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt Repayment
| -480.6 | -99.2 | -39.1 | -491.4 | -187.6 | -618 | -22,351.7 | -10,286.9 | -3,061 | -1,423.9 | -253.1 | -373.2 | -997 | -1,806.2 | -997.7 | -1,404.3 | -605.3 | -787.1 | -1,353.2 | -302.4 | -1,862 | -1,897.5 | -700 | -285 | -335 | -360 | -89.5 | -430 | -287.6 | -150 | -181.2 | -55 | -148.7 | -775.6 | -567.6 | -771.8 | -485.7 | -1,853.1 | -24.8 | -85 | -155 | -52 | -515 | -365 | -842.8 | -455 | -849.5 | -255 | -40 | -643 | -398 | -478 | -346.3 | -859.7 | -753.5 | -754.4 | -417.9 | -658.1 | -205.9 | -900.3 |
| Common Stock Issued
| 0 | 0 | -32,654 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 112.5 | 204.1 | 314.3 | 58.1 | 87 | 0 | 908.6 | 664.8 | 176.3 | 219.8 | 181.2 | 994.1 | 125 | 22.8 | 267.6 | 28.2 | 152.8 | 95.2 | 54.1 | 110.6 | -231.2 | 0 | 125.9 | 105.3 | 378.3 | 0 | 0 | 115.2 | -0.9 | 0 | 0 | 0.9 | -541.6 | 178.1 | 0 | 0 | 0.3 | 0 |
| Common Stock Repurchased
| -355.3 | -160.2 | -41 | -153.6 | -149.1 | -85.8 | -32.7 | -81.6 | -1,039.3 | -72.2 | -40.1 | -4.5 | 0 | -8.6 | -91.9 | -2.1 | -0.3 | -3.1 | -0.4 | -3.9 | 0 | -9.6 | 0 | -3.6 | 0 | -0.4 | -0.3 | -2.5 | -0.1 | -0.5 | -0.4 | -2.8 | -0.2 | -0.2 | -3.3 | 921 | 358.4 | -1.5 | -1.8 | -6.6 | 0 | -0.8 | -13.3 | 0 | 1,041.3 | 501.4 | -9.5 | 0 | 0 | 545 | 0.1 | 0 | 0 | -0.1 | 1,094.1 | 0 | 0 | -0.1 | 0 | 0 |
| Dividends Paid
| -167.6 | -116.6 | -112.5 | -115.2 | -114.3 | -85.3 | -80.9 | -81 | -109.8 | -108 | -47.3 | -47.5 | -44.7 | -48 | -50.8 | -53.8 | -49.4 | -241.9 | -238.1 | -242.4 | -237.4 | -246.9 | -231.7 | -231.3 | -222.7 | -222.6 | -219.2 | -221 | -203.3 | -199.7 | -187.7 | -176.8 | -150 | -51.4 | -51 | -49.1 | -46.5 | -32.4 | -30.8 | -29.5 | -27.2 | -25.5 | -105.3 | -91.4 | -84.8 | -80.7 | -69.5 | -70.3 | -65.8 | -68.1 | -12.6 | -11.9 | -11.1 | -2.6 | -28.2 | 0 | -419.9 | 0 | 0 | 0 |
| Other Financing Activities
| -60.1 | -53.2 | -114.1 | -60.6 | -49.6 | -1,143.1 | 22,456 | 13,924.8 | 3,147.3 | 1,030.3 | -100.2 | 58.8 | 474.3 | 1,270.1 | 451.6 | 1,362 | 459.6 | 822.4 | 1,577.2 | 935.5 | 2,849.5 | 2,798.8 | 285.3 | 456.5 | 319.8 | 268.5 | 180.7 | 90.4 | 847 | 663.5 | 161.6 | 218.4 | 256.3 | 748.2 | 386.4 | -140.6 | -131.4 | 3,448.7 | 5.3 | 6.9 | -32.6 | -18.5 | 1,011.9 | 644.4 | -10.6 | -1.1 | 1,554.7 | 395 | 179.9 | -4.4 | 306.8 | 763.7 | 295.2 | 841.1 | 15.9 | 736.2 | 758.5 | 653 | 145.8 | 779.4 |
| Financing Cash Flow
| -102.4 | -230.8 | -228.5 | 162 | -125.4 | -696.2 | -9.3 | 3,475.3 | -1,062.8 | -573.8 | -400.6 | -361.9 | -567.4 | -584.1 | -596.9 | -96.1 | -195.1 | -206.6 | -14.1 | 390.7 | 750.1 | 654.4 | 753.6 | 506.6 | 432.1 | 405.5 | 50.7 | 296.9 | 356 | 313.3 | -207.7 | -16.2 | -42.6 | -79 | -110.5 | -17.7 | -37.6 | 1,589.9 | -50.3 | 55.8 | 95.2 | -96.8 | 147.1 | 188 | 229 | 69.9 | 1,004.5 | 69.7 | 74.1 | -55.3 | -103.8 | 273.8 | -62.2 | -20.4 | -213.3 | 159.9 | -79.3 | -5.2 | -59.8 | -120.9 |
| Other Information: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Effect Of Forex Changes On Cash
| 0 | 0 | -1,466 | 650.8 | 815.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change In Cash
| 56.5 | -31.8 | 2.2 | -29.9 | -42.4 | -7.2 | 26.1 | 38.9 | 18.1 | -22.6 | -70.1 | 19.6 | -39.5 | 5.7 | -32.2 | 78.8 | -179 | 44.1 | 4.8 | 99.8 | 101.6 | -107.2 | 28.9 | -78.4 | 61.8 | 82.6 | 23.1 | 15.4 | 18.7 | 6.5 | -67.6 | -29.8 | 56.4 | -25.7 | 37.3 | -2.8 | -65 | 89.7 | 2.2 | 2.9 | -19 | 28.2 | -17 | 0.8 | -29.8 | 36.4 | -44.4 | 3.2 | -3.7 | -24.6 | -8.3 | -0.6 | 7 | -40.7 | -161.6 | 100.6 | -56.2 | 53.2 | 64.5 | -29.9 |
| Cash At End Of Period
| 166.4 | 109.9 | 141.7 | 139.5 | 169.4 | 211.8 | 219 | 192.9 | 154 | 135.9 | 158.5 | 228.6 | 209 | 248.5 | 242.8 | 275 | 196.2 | 375.2 | 331.1 | 326.3 | 226.5 | 124.9 | 232.1 | 203.2 | 281.6 | 219.8 | 137.2 | 114.1 | 98.7 | 80 | 73.5 | 141.1 | 170.9 | 114.5 | 140.2 | 102.9 | 105.7 | 170.7 | 81 | 78.8 | 75.9 | 94.9 | 66.7 | 83.7 | 82.9 | 112.7 | 76.3 | 120.7 | 117.5 | 121.2 | 145.8 | 154.1 | 154.7 | 147.7 | 188.4 | 350 | 249.4 | 305.6 | 252.4 | 187.9 |