Targa Resources Corp. financial data

Symbol
TRGP on NYSE
Industry
Natural Gas Transmission
Location
Targa Resources Partners Lp, 1000 Louisiana Street, Suite 4300, Houston, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
Targa Resources Investments Inc. (to 11/12/2010)
Latest financial report
10-K - Q4 2024 - Feb 20, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 71 % -5.74%
Quick Ratio 11.3 % -16.4%
Return On Equity 29.5 % -1.77%
Return On Assets 6.05 % -10.9%
Operating Margin 16.5 % +0.61%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 218M shares -2.26%
Common Stock, Shares, Outstanding 218M shares -2.18%
Entity Public Float 27.8B USD +65.5%
Weighted Average Number of Shares Outstanding, Basic 220M shares -1.96%
Weighted Average Number of Shares Outstanding, Diluted 221M shares -2.08%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 16.4B USD +2%
Revenue from Contract with Customer, Excluding Assessed Tax 14B USD -10.3%
General and Administrative Expense 385M USD +10.4%
Operating Income (Loss) 2.7B USD +2.64%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.94B USD -0.23%
Income Tax Expense (Benefit) 385M USD +5.87%
Net Income (Loss) Attributable to Parent 1.31B USD -2.52%
Earnings Per Share, Basic 5.77 USD/shares +56.4%
Earnings Per Share, Diluted 5.74 USD/shares +56.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 157M USD +11%
Accounts Receivable, after Allowance for Credit Loss, Current 1.62B USD +10%
Inventory, Net 334M USD -10%
Other Assets, Current 125M USD +26.5%
Assets, Current 2.3B USD +4.63%
Property, Plant and Equipment, Net 18.1B USD +14.3%
Operating Lease, Right-of-Use Asset 104M USD +61.5%
Goodwill 45.2M USD 0%
Other Assets, Noncurrent 179M USD +27.4%
Assets 22.7B USD +9.98%
Accounts Payable, Current 2.01B USD +27.8%
Accrued Liabilities, Current 336M USD +19.3%
Liabilities, Current 3.17B USD +14.9%
Long-term Debt and Lease Obligation 13.8B USD +11.8%
Deferred Income Tax Liabilities, Net 872M USD +62.8%
Operating Lease, Liability, Noncurrent 90.4M USD +60%
Other Liabilities, Noncurrent 392M USD -5.49%
Accumulated Other Comprehensive Income (Loss), Net of Tax 27.5M USD -67.9%
Retained Earnings (Accumulated Deficit) 1.19B USD +142%
Stockholders' Equity Attributable to Parent 2.59B USD -5.38%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 4.42B USD -4.16%
Liabilities and Equity 22.7B USD +9.98%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 876M USD -25.1%
Net Cash Provided by (Used in) Financing Activities -230M USD +66.9%
Net Cash Provided by (Used in) Investing Activities -678M USD -41%
Common Stock, Shares Authorized 450M shares 0%
Common Stock, Shares, Issued 242M shares +0.7%
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 -31.8M USD -342%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 157M USD +11%
Interest Paid, Excluding Capitalized Interest, Operating Activities 268M USD +26.7%
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 1.05B USD +11%
Payments to Acquire Property, Plant, and Equipment 670M USD +40.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.25B USD -8.93%
Lessee, Operating Lease, Liability, to be Paid 134M USD +51.9%
Property, Plant and Equipment, Gross 29.6B USD +12.5%
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) 79.8M USD -24.7%
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 3.09B USD +0.99%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 373M USD -2.81%
Depreciation, Depletion and Amortization 1.42B USD +7.03%
Deferred Tax Assets, Net of Valuation Allowance 1.21B USD -10.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%