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Targa Resources (TRGP)
NYSE:TRGP
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Targa Resources (TRGP) Income Statement

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Targa Resources Income Statement

Last quarter (Q3 2024), Targa Resources's total revenue was $3.85B, a decrease of -1.15% from the same quarter last year. In Q3, Targa Resources's net income was $387.40M. See Targa Resources’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 16.22B$ 16.06B$ 20.93B$ 16.95B$ 8.26B$ 8.67B
Cost of Revenue
$ 6.80B$ 12.01B$ 17.98B$ 14.60B$ 6.05B$ 6.12B
Gross Profit
$ 9.42B$ 4.05B$ 2.95B$ 2.35B$ 2.21B$ 2.55B
Operating Expense
$ 1.14B$ 1.08B$ 912.80M$ 747.00M$ 698.40M$ 792.90M
Operating Income
$ 2.63B$ 2.63B$ 1.73B$ 864.80M$ -1.30B$ 192.90M
Net Non Operating Interest Income Expense
$ 610.10M$ 689.90M$ 495.70M$ -387.90M$ -391.30M$ -337.80M
Other Income Expense
$ -1.00M$ 6.20M$ 429.90M$ 40.00M$ -121.60M$ -106.90M
Pretax Income
$ 1.87B$ 1.94B$ 1.66B$ 436.90M$ -1.57B$ -46.70M
Tax Provision
$ 376.50M$ 363.20M$ 131.80M$ 14.80M$ -248.10M$ -87.90M
Earnings From Equity Interest Net Of Tax
$ 10.70M$ 9.00M$ 445.00M$ -23.90M$ 72.60M$ 108.30M
Net Income Common Stockholders
$ 1.24B$ 835.80M$ 896.80M$ -16.10M$ -1.68B$ -334.00M
Basic EPS
$ 5.58$ 3.69$ 3.95$ -0.07$ -7.26$ -1.44
Diluted EPS
$ 5.52$ 3.66$ 3.88$ -0.07$ -7.26$ -1.44
Basic Average Shares
$ 885.40M$ 224.60M$ 227.30M$ 228.60M$ 232.20M$ 232.50M
Diluted Average Shares
$ 888.40M$ 226.00M$ 231.10M$ 228.60M$ 232.20M$ 232.50M
Dividend Per Share
$ 2.50$ 1.85$ 1.40$ 0.40$ 1.21$ 3.64
Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 7.26B$ 13.43B$ 19.20B$ 14.48B$ 5.88B$ 6.91B
Interest Expense
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Net Income From Continuing And Discontinued Operation
$ 1.26B$ 1.35B$ 1.20B$ 71.20M$ -1.55B$ -209.20M
Normalized Income
$ 1.35B$ 1.53B--$ 679.70M$ 170.50M
EBIT
$ 4.47B$ 2.63B$ 2.11B$ 824.80M$ -1.18B$ -46.70M
EBITDA
$ 5.51B$ 3.96B$ 3.21B$ 1.70B$ -316.70M$ 935.20M
Currency in USD

Targa Resources Earnings and Revenue History

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