Targa Resources Corp.
TRGPNYSEEnergy● Active
$264.13
+$0.04(+0.02%)
Market Cap$56.7B
P/E Ratio—
52W High$280
52W Low$144.14
Targa Resources Corp. (TRGP) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · TRGP · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $17.14B | $16.63B | $15.62B | $21.68B | $17.44B |
| Cost of Revenue | $12.59B | $13.30B | $13.08B | $18.89B | $15.35B |
| Gross Profit | $4.54B | $3.33B | $2.54B | $2.79B | $2.09B |
| Gross Margin %(computed) | 26.51% | 20.00% | 16.23% | 12.88% | 12.00% |
| Operating Expenses | |||||
| R&D Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| G&A Expenses | $0.41B | $0.38B | $0.35B | $0.31B | $0.27B |
| Total Operating Expenses | $1.10B | $0.38B | $0.35B | $0.31B | $0.27B |
| Operating Income | $3.45B | $2.94B | $2.19B | $2.48B | $1.82B |
| Operating Margin %(computed) | 20.11% | 17.71% | 14.00% | 11.45% | 10.44% |
| Interest Income | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Interest Expense | $0.85B | $0.77B | $0.69B | $0.45B | $0.39B |
| Income Before Tax | $2.49B | $1.94B | $1.94B | $1.66B | $0.44B |
| Income Tax Expense | $0.53B | $0.38B | $0.36B | $0.13B | $0.01B |
| Net Income | $1.84B | $1.27B | $0.83B | $1.14B | $0.07B |
| Net Margin %(computed) | 10.76% | 7.64% | 5.30% | 5.27% | 0.41% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $8.54 | $5.77 | $3.69 | $3.95 | $-0.07 |
| Wtd Avg Shares | 0.21B | 0.22B | 0.22B | 0.23B | 0.23B |
| EBITDA | $4.85B | $4.14B | $3.97B | $3.21B | $1.70B |
| EBITDA Margin %(computed) | 28.33% | 24.89% | 25.39% | 14.80% | 9.74% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About Targa Resources Corp. (TRGP) Income Statement
Targa Resources Corp. (TRGP) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, TRGP reported revenue of $17.14B, gross profit of $4.54B (gross margin 26.51%), and net income of $1.84B — a net profit margin of 10.76%.
Frequently asked questions
TRGP · 4 questionsTarga Resources Corp. (TRGP) reported revenue of $17.14B for 2025, up 3.1% year-over-year.
TRGP revenueTRGP salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08