Targa Resources Corp. financial data

Symbol
TRGP on NYSE
Location
Targa Resources Partners Lp, 1000 Louisiana Street, Suite 4300, Houston, TX
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2025 - Aug 7, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 70.7 % -3.56%
Quick Ratio 11.9 % -8.67%
Return On Equity 46.3 % +89.5%
Return On Assets 7.2 % +36.6%
Operating Margin 17.6 % +18.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 215M shares -1.78%
Common Stock, Shares, Outstanding 216M shares -1.67%
Entity Public Float 27.8B USD +65.5%
Weighted Average Number of Shares Outstanding, Basic 217M shares -1.99%
Weighted Average Number of Shares Outstanding, Diluted 217M shares -2.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 17.1B USD +5.03%
Revenue from Contract with Customer, Excluding Assessed Tax 14B USD -10.3%
General and Administrative Expense 390M USD +5.27%
Operating Income (Loss) 3.01B USD +24.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 2.24B USD +35%
Income Tax Expense (Benefit) 464M USD +39.1%
Net Income (Loss) Attributable to Parent 1.64B USD +49.8%
Earnings Per Share, Basic 6 USD/shares +45.9%
Earnings Per Share, Diluted 6 USD/shares +47%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 113M USD -32%
Accounts Receivable, after Allowance for Credit Loss, Current 1.41B USD +15.8%
Inventory, Net 444M USD +38.3%
Other Assets, Current 164M USD +63.9%
Assets, Current 2.21B USD +18.2%
Property, Plant and Equipment, Net 19B USD +12.6%
Operating Lease, Right-of-Use Asset 104M USD +61.5%
Goodwill 45.2M USD 0%
Other Assets, Noncurrent 176M USD +6.28%
Assets 23.5B USD +10.6%
Accounts Payable, Current 1.73B USD +2.37%
Accrued Liabilities, Current 214M USD -11.9%
Liabilities, Current 3.18B USD +9.9%
Long-term Debt and Lease Obligation 16.1B USD +24%
Deferred Income Tax Liabilities, Net 1.08B USD +57.7%
Operating Lease, Liability, Noncurrent 90.4M USD +60%
Other Liabilities, Noncurrent 390M USD +26.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax 43.2M USD +279%
Retained Earnings (Accumulated Deficit) 1.71B USD +118%
Stockholders' Equity Attributable to Parent 2.59B USD +4.89%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.71B USD -37.7%
Liabilities and Equity 23.5B USD +10.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 954M USD +8.9%
Net Cash Provided by (Used in) Financing Activities -147M USD +36.2%
Net Cash Provided by (Used in) Investing Activities -813M USD -20%
Common Stock, Shares Authorized 450M shares 0%
Common Stock, Shares, Issued 242M shares +0.44%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -5.9M USD +81.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 113M USD -32%
Interest Paid, Excluding Capitalized Interest, Operating Activities 341M USD +27.1%
Deferred Tax Assets, Valuation Allowance 5.9M USD -16.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.22B USD -10.4%
Operating Lease, Liability 116M USD +47.6%
Depreciation 1.13B USD +14.5%
Payments to Acquire Property, Plant, and Equipment 792M USD +18.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.67B USD +71.4%
Lessee, Operating Lease, Liability, to be Paid 134M USD +51.9%
Property, Plant and Equipment, Gross 31.1B USD +11.7%
Operating Lease, Liability, Current 25.2M USD +15.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 24.9M USD +48.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 22.2M USD -12.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 56.9M USD -28.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 18.5M USD +85%
Lessee, Operating Lease, Liability, to be Paid, Year Three 24.5M USD +119%
Deferred Tax Assets, Operating Loss Carryforwards 1.28B USD -18.2%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 98.8M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 19.9M USD +93.2%
Additional Paid in Capital 3.05B USD -1.14%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 350M USD -7.66%
Depreciation, Depletion and Amortization 1.48B USD +8.33%
Deferred Tax Assets, Net of Valuation Allowance 1.21B USD -10.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%