Targa Resources Corp. financial data

Symbol
TRGP on NYSE
Location
Houston, TX
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 19 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 69% % -2.3%
Quick Ratio 13% % 12%
Return On Equity 68% % 131%
Return On Assets 8% % 33%
Operating Margin 20% % 19%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 214,951,798 shares -1.4%
Common Stock, Shares, Outstanding 214,662,156 shares -1.4%
Entity Public Float $37,012,700,000 USD 33%
Weighted Average Number of Shares Outstanding, Basic 216,100,000 shares -1.9%
Weighted Average Number of Shares Outstanding, Diluted 216,900,000 shares -2%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $17,028,300,000 USD 3.9%
Revenue from Contract with Customer, Excluding Assessed Tax $14,035,400,000 USD -10%
General and Administrative Expense $406,000,000 USD 5.5%
Operating Income (Loss) $3,331,200,000 USD 24%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2,486,400,000 USD 28%
Income Tax Expense (Benefit) $529,700,000 USD 38%
Net Income (Loss) Attributable to Parent $1,923,000,000 USD 47%
Earnings Per Share, Basic 8.52 USD/shares 48%
Earnings Per Share, Diluted 8.49 USD/shares 48%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $166,100,000 USD 5.6%
Accounts Receivable, after Allowance for Credit Loss, Current $1,474,600,000 USD -8.9%
Inventory, Net $429,300,000 USD 28%
Other Assets, Current $138,000,000 USD 11%
Assets, Current $2,362,700,000 USD 2.9%
Property, Plant and Equipment, Net $20,534,800,000 USD 14%
Operating Lease, Right-of-Use Asset $93,900,000 USD -9.4%
Goodwill $112,300,000 USD 148%
Other Assets, Noncurrent $327,400,000 USD 83%
Assets $25,218,400,000 USD 11%
Accounts Payable, Current $1,873,000,000 USD -6.9%
Accrued Liabilities, Current $358,600,000 USD 6.7%
Liabilities, Current $3,546,800,000 USD 12%
Long-term Debt and Lease Obligation $16,662,400,000 USD 21%
Contract with Customer, Liability, Noncurrent $115,500,000 USD -3.7%
Deferred Income Tax Liabilities, Net $1,393,500,000 USD 60%
Operating Lease, Liability, Noncurrent $89,500,000 USD -1%
Other Liabilities, Noncurrent $395,000,000 USD 0.69%
Accumulated Other Comprehensive Income (Loss), Net of Tax $113,800,000 USD 314%
Retained Earnings (Accumulated Deficit) $2,294,400,000 USD 93%
Stockholders' Equity Attributable to Parent $3,067,900,000 USD 18%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $3,198,200,000 USD -28%
Liabilities and Equity $25,218,400,000 USD 11%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $954,400,000 USD 8.9%
Net Cash Provided by (Used in) Financing Activities $147,000,000 USD 36%
Net Cash Provided by (Used in) Investing Activities $813,300,000 USD -20%
Common Stock, Shares Authorized 450,000,000 shares 0%
Common Stock, Shares, Issued 242,770,213 shares 0.42%
Common Stock, Par or Stated Value Per Share 0.001 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $5,900,000 USD 81%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $166,100,000 USD 5.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities $340,900,000 USD 27%
Deferred Tax Assets, Valuation Allowance $5,900,000 USD 0%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross $1,081,200,000 USD -11%
Operating Lease, Liability $113,800,000 USD -1.6%
Depreciation $1,189,300,000 USD 13%
Payments to Acquire Property, Plant, and Equipment $792,200,000 USD 18%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $2,009,300,000 USD 60%
Lessee, Operating Lease, Liability, to be Paid $130,000,000 USD -3.1%
Property, Plant and Equipment, Gross $33,201,100,000 USD 12%
Operating Lease, Liability, Current $24,300,000 USD -3.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two $29,000,000 USD 16%
Lessee, Operating Lease, Liability, to be Paid, Year One $23,100,000 USD 4.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure -2%
Deferred Income Tax Expense (Benefit) $56,900,000 USD -29%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $16,200,000 USD -12%
Lessee, Operating Lease, Liability, to be Paid, Year Three $24,200,000 USD -1.2%
Unrecognized Tax Benefits $0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four $19,300,000 USD -3%
Additional Paid in Capital $3,088,100,000 USD -0.03%
Amortization of Intangible Assets $326,000,000 USD -13%
Depreciation, Depletion and Amortization $1,515,300,000 USD 6.5%
Deferred Tax Assets, Net of Valuation Allowance $1,075,300,000 USD -11%