Annual Financials for Targa Resources Corp. (TRGP)

20 Years of financial data for all companies
Including key metrics, annual/quarterly financials, and historic PE ratio.



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Reported Currency: USD TTM 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31
Revenue 16,299,700 16,060,300 20,929,800 16,949,800 8,260,300 8,671,100 10,484,000 8,814,900 6,690,900 6,658,600 8,616,500 6,556,000 5,885,700 6,994,500 5,469,200 4,536,000 7,998,900
Revenue Growth - -23.27% 23.48% 105.20% -4.74% -17.29% 18.93% 31.74% 0.49% -22.72% 31.43% 11.39% -15.85% 27.89% 20.57% -43.29%
Cost of Revenue 13,204,000 12,006,000 17,978,100 14,600,100 5,970,200 7,090,100 9,054,100 7,715,600 5,680,600 5,550,100 7,397,900 5,650,400 5,076,600 6,039,000 4,687,700 3,791,100 7,218,500
Gross Profit 3,095,700 4,054,300 2,951,700 2,349,700 2,290,100 1,581,000 1,429,900 1,099,300 1,010,300 1,108,500 1,218,600 905,600 809,100 955,500 781,500 744,900 780,400
Gross Profit Margin 19.20% 25.24% 14.10% 13.86% 27.72% 18.23% 13.64% 12.47% 15.10% 16.65% 14.14% 13.81% 13.75% 13.66% 14.29% 16.42% 9.76%
Research and Development 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
General and Administrative Expenses 382,700 348,700 309,700 273,200 254,600 280,700 256,900 203,400 187,200 161,700 148,000 151,500 139,800 136,100 144,400 120,400 96,400
Total Operating Expenses 380,800 1,428,100 1,222,500 1,020,300 1,037,000 1,144,900 982,500 827,800 747,500 659,200 578,100 537,400 472,800 604,400 585,400 527,700 545,900
Operating Income or Loss 2,713,200 2,626,200 1,729,000 1,289,500 3,809,600 618,700 237,500 -122,400 55,800 159,300 640,500 368,200 336,300 351,100 196,100 217,200 234,500
Operating Margin 16.82% 16.35% 8.26% 7.61% 46.12% 7.14% 2.27% -1.39% 0.83% 2.39% 7.43% 5.62% 5.71% 5.02% 3.59% 4.79% 2.93%
Interest Expense 767,500 687,800 446,100 387,900 391,300 337,800 185,800 233,700 254,200 231,900 147,100 134,100 120,800 111,700 110,900 132,100 141,200
EBITDA 4,023,500 3,965,800 2,829,800 1,699,400 -313,100 1,267,400 1,267,000 754,200 1,031,200 1,118,400 986,700 644,000 549,500 526,600 369,400 403,600 457,700
Depreciation and Amortization 1,390,500 1,335,500 1,100,800 874,600 868,700 976,300 819,600 813,400 762,300 677,100 351,000 271,900 197,600 181,000 174,700 168,800 160,900
Income Before Tax 1,873,700 1,942,500 1,663,200 436,900 -1,573,100 -46,700 65,900 -292,900 -259,700 -111,800 491,000 249,500 196,200 242,000 85,800 99,800 153,700
Income Tax Expense 376,500 363,200 131,800 14,800 -248,100 -87,900 5,500 -397,100 -100,600 39,600 68,000 48,200 36,900 26,600 22,500 20,700 19,300
Net Income 1,260,700 1,345,900 896,800 422,100 -1,325,000 41,200 1,600 54,000 -187,300 58,300 102,300 65,100 38,100 30,700 -15,000 29,300 37,300
Net Income Margin 7.84% 8.38% 4.28% 2.49% -16.04% 0.48% 0.02% 0.61% -2.80% 0.88% 1.19% 0.99% 0.65% 0.44% -0.27% 0.65% 0.47%
EPS 5.58 3.69 3.95 1.85 -5.71 0.18 0.01 -0.31 -1.01 1.09 2.44 1.56 0.93 0.75 -2.31 0.75 8.67
EPS Diluted 5.55 3.66 3.88 1.85 -5.71 0.18 0.01 -0.31 -1.01 1.09 2.43 1.55 0.91 0.74 -2.31 0.74 8.67
Weighted Average Shares Out - 224,600 227,300 228,600 232,200 232,500 224,200 204,516 184,721 53,500 42,000 41,600 41,000 41,000 6,500 42,300 42,300
Weighted Average Shares Out Diluted - 226,000 231,100 228,600 232,200 232,500 224,200 206,900 184,721 53,600 42,100 42,100 41,800 41,400 6,500 42,300 42,300

Reported Currency: USD Q3 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31
Current Assets
Cash and Cash Equivalents 127,200 141,700 219,000 158,500 242,800 331,100 232,100 137,200 73,500 140,200 81,000 66,700 76,300 145,800 188,400 252,400 362,800
Short Term Investments 0 0 179,900 43,100 85,500 103,300 115,300 37,900 16,800 92,200 0 0 0 0 0 0 0
Cash + Short Term Investments 127,200 141,700 219,000 158,500 242,800 331,100 232,100 137,200 73,500 140,200 81,000 66,700 76,300 145,800 188,400 252,400 362,800
Net Receivables 1,301,200 1,471,000 1,408,400 1,331,900 862,800 855,000 865,500 827,600 742,400 515,800 567,300 658,800 514,900 575,700 466,600 404,300 303,900
Inventory 414,900 371,500 393,800 153,400 181,500 161,500 164,700 204,500 137,700 141,000 168,900 150,700 99,400 92,200 50,400 39,400 68,500
Other Current Assets 184,900 210,400 335,400 126,000 173,200 310,700 156,600 100,600 53,200 123,000 65,400 21,000 42,700 52,800 45,100 126,300 121,900
Total Current Assets 2,028,200 2,194,600 2,356,600 1,769,800 1,460,300 1,658,300 1,418,900 1,269,900 1,006,800 920,000 882,600 897,200 733,300 866,500 750,500 745,000 857,100
Non-Current Assets
Property, Plant and Equipment 17,425,200 15,806,400 14,214,600 11,667,700 12,173,600 14,548,500 12,928,400 10,430,000 9,691,000 9,702,700 4,824,600 4,349,900 3,538,000 2,819,500 2,509,000 2,548,100 2,617,400
Goodwill 0 45,200 45,200 45,200 0 45,200 46,600 256,600 210,000 417,000 0 0 0 0 0 0 0
Intangible Assets 2,070,700 2,350,600 2,734,600 1,094,800 1,382,400 1,735,000 1,983,200 2,165,800 1,654,000 1,810,100 591,900 653,400 680,800 0 0 0 0
Long Term Investments 177,300 146,300 131,300 586,500 714,000 738,700 490,500 221,600 240,800 258,900 50,200 55,900 53,100 36,800 0 0 0
Tax Assets 0 0 327,700 7,700 49,300 35,500 525,200 479,000 941,200 177,800 100 100 200 100 3,600 0 0
Other Non-Current Assets 202,400 173,900 -204,800 81,700 96,100 53,900 -454,600 -434,300 -872,600 -32,800 104,100 92,100 99,600 108,200 130,700 74,400 167,300
Total Non-Current Assets 19,875,600 18,477,200 17,203,400 13,438,400 14,415,400 17,156,800 15,519,300 13,118,700 11,864,400 12,333,700 5,570,900 5,151,400 4,371,700 2,964,500 2,643,300 2,622,500 2,784,700
Other Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total Assets 21,903,800 20,671,800 19,560,000 15,208,200 15,875,700 18,815,100 16,938,200 14,388,600 12,871,200 13,253,700 6,453,500 6,048,600 5,105,000 3,831,000 3,393,800 3,367,500 3,641,800
Current Liabilities
Accounts Payable 1,467,900 1,574,900 1,448,800 1,402,300 833,800 954,800 1,200,500 1,001,200 691,400 521,400 527,800 655,700 571,200 345,400 254,200 206,400 153,800
Short Term Debt 706,600 666,400 868,600 175,600 368,600 382,200 1,027,900 350,000 275,000 219,300 182,800 0 0 0 0 12,500 12,500
Tax Payables 0 0 0 0 0 62,400 47,700 27,100 24,200 13,400 11,700 0 0 0 0 0 0
Deferred Revenue 0 -23,900 327,700 475,200 434,400 382,800 47,700 185,700 152,100 129,000 111,300 0 0 0 0 305,700 288,600
Other Current Liabilities 452,800 519,600 749,300 720,600 577,000 473,200 522,700 238,300 177,000 120,800 104,800 114,700 115,400 395,700 370,000 334,900 300,300
Total Current Liabilities 2,627,300 2,760,900 3,066,700 2,298,500 1,779,400 1,872,600 2,798,800 1,616,600 1,167,600 881,600 827,100 770,400 686,600 741,100 624,200 553,800 466,600
Non-Current Liabilities
Long Term Debt 13,682,300 12,389,700 10,730,700 6,468,900 7,433,300 7,487,400 5,632,400 4,424,900 4,500,900 5,755,600 2,885,400 2,989,300 2,475,300 1,567,000 1,534,700 1,213,700 1,976,500
Deferred Revenue 119,300 248,800 198,800 171,800 168,500 172,000 175,500 136,200 69,800 26,900 0 1,400 4,800 0 -111,600 308,400 0
Deferred Tax 793,700 535,800 327,700 136,000 152,100 434,200 525,200 479,000 941,200 177,800 138,200 135,500 131,200 120,500 111,600 50,000 26,800
Other Non-Current Liabilities 222,700 1,481,700 253,900 -996,100 -1,239,200 -1,108,400 89,800 203,200 66,300 155,700 62,800 62,100 58,500 71,700 87,200 -201,500 -2,003,300
Total Non-Current Liabilities 14,818,000 14,656,000 11,511,100 6,981,300 7,891,700 8,220,800 6,422,900 5,799,500 5,788,400 6,121,900 3,086,900 3,186,900 2,665,000 1,759,200 1,733,500 2,058,800 2,003,300
Total Liabilities 17,445,300 16,061,800 14,577,800 9,279,800 9,671,100 10,093,400 9,221,700 7,416,100 6,956,000 7,003,500 3,914,000 3,957,300 3,351,600 2,500,300 2,357,700 2,612,600 2,819,800
Common Stock 200 200 200 200 200 200 200 200 200 100 0 0 0 0 0 0 0
Retained Earnings 1,004,700 492,000 -626,800 -1,822,300 -1,893,500 -339,600 -130,400 -77,200 -187,300 26,900 25,500 20,500 -32,000 -70,100 -100,800 -85,800 -115,100
Accumulated Other Comprehensive Income/Loss 65,100 85,600 54,700 -230,900 -141,800 92,500 94,300 -29,900 -38,300 5,700 4,800 -500 1,200 -1,300 600 -20,300 36,100
Total Stockholders Equity 2,573,900 2,739,700 2,665,700 2,761,500 2,955,300 5,199,600 6,325,100 6,376,800 5,439,400 1,461,400 169,800 148,800 144,100 158,100 144,300 87,400 134,700
Total Investments 177,300 146,300 131,300 586,500 714,000 738,700 490,500 221,600 240,800 258,900 50,200 55,900 53,100 36,800 0 0 0
Total Debt 14,335,600 13,010,400 11,565,000 6,631,700 7,801,900 7,869,600 6,660,300 5,053,000 4,881,000 5,980,800 3,068,200 2,989,300 2,475,300 1,567,000 1,534,700 1,606,000 1,989,000
Net Debt 14,208,400 12,868,700 11,346,000 6,473,200 7,559,100 7,538,500 6,428,200 4,915,800 4,807,500 5,840,600 2,987,200 2,922,600 2,399,000 1,421,200 1,346,300 1,353,600 1,626,200

Reported Currency: USD TTM 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31 2010-12-31 2009-12-31 2008-12-31
Cash Flows from Operating Activities
Net Income 1,294,800 1,579,300 1,531,400 422,100 -1,325,000 41,200 60,400 104,200 -159,100 -151,400 423,000 201,300 159,300 215,400 63,300 79,100 134,400
Depreciation & Amortization 1,390,500 1,329,600 1,096,000 870,600 865,100 971,600 815,900 809,500 757,700 677,100 351,000 271,900 197,600 181,000 174,700 168,800 160,900
Deferred Income Tax 361,600 349,600 125,100 12,100 -232,700 -87,900 5,500 -392,700 -37,800 24,600 -4,400 5,400 9,000 12,300 33,100 19,100 18,000
Stock Based Compensation 64,100 62,400 57,500 59,200 66,200 60,300 56,300 42,300 29,700 25,000 14,300 13,200 17,500 15,200 13,400 0 1,500
Change in Working Capital -166,000 139,200 -364,000 205,800 59,300 11,100 37,100 -30,100 -75,900 89,900 -50,700 -144,500 -9,400 -39,800 -146,200 1,400 152,900
Accounts Receivable 527,200 143,100 1,230,000 -392,400 -25,600 -24,700 -6,200 -57,100 -235,700 235,900 90,200 -143,600 98,000 0 -119,200 -140,100 600,700
Inventory 230,300 36,000 -236,200 40,600 -27,700 -45,000 -13,900 -73,200 -15,900 41,400 -36,200 -84,500 6,000 -41,100 -11,400 19,300 72,800
Accounts Payable -322,700 68,200 -383,000 551,700 105,700 80,800 57,200 100,200 175,700 -187,400 -104,700 83,600 -113,400 102,600 -15,600 0 -515,500
Other Working Capital -312,700 -108,100 -974,800 5,900 6,900 -24,700 -6,200 -57,100 -235,700 235,900 0 0 0 -101,300 0 122,200 -5,100
Other Non-Cash Items 1,958,300 -248,500 -65,200 733,100 2,311,600 393,500 168,800 406,300 322,800 369,500 28,600 35,400 54,200 -4,800 70,200 63,100 -77,000
Net Cash Provided by Operating Activities 3,279,500 3,211,600 2,380,800 2,302,900 1,744,500 1,389,800 1,144,000 939,500 837,400 1,034,700 761,800 382,700 428,200 379,300 208,500 335,800 390,700
Cash Flows from Investing Activities
Investments in Property, Plant, and Equipment -2,958,900 -2,385,400 -1,334,300 -505,100 -951,600 -2,877,800 -3,114,800 -1,297,500 -562,100 -817,200 -762,200 -1,013,600 -582,700 -331,900 -139,300 -99,400 -132,300
Acquisitions Net -15,900 0 -2,836,800 31,800 209,200 -178,200 -19,600 -580,100 -300 -1,584,900 5,700 0 -1,012,500 -156,500 0 0 -124,900
Purchases of Investments -49,500 0 -1,500 -600 -2,700 -1,000 -282,000 -9,500 -4,400 -11,700 0 0 0 -21,200 0 0 0
Sales/Maturities of Investments 2,000 0 421,100 20,200 13,200 1,000 5,500 200 4,100 1,200 0 0 0 0 0 0 0
Other Investing Activities 3,600 -15,400 -398,200 -19,500 -6,200 -15,900 -12,500 -15,100 3,800 2,500 5,100 -12,700 4,500 300 4,700 40,100 50,500
Net Cash Used for Investing Activities -3,018,700 -2,400,800 -4,149,700 -473,200 -738,100 -3,071,900 -3,146,900 -1,892,700 -558,600 -2,399,600 -751,400 -1,026,300 -1,590,700 -509,300 -134,600 -59,300 -206,700
Cash Flows from Financing Activities
Debt Repayment 1,293,400 1,336,100 4,697,200 -1,189,100 -32,900 1,129,100 1,610,000 156,900 -1,160,500 1,323,900 66,300 498,500 897,500 30,000 -95,900 -379,200 106,000
Common Stock Issued 0 0 0 0 0 0 689,000 1,660,400 577,300 780,400 412,700 524,700 514,000 310,000 224,400 300 1,100
Common Stock Repurchased -741,000 -429,500 -1,225,800 -53,200 -268,200 -13,900 -4,000 -3,400 -3,600 0 -7,400 -13,300 -9,500 0 -100 0 -500
Dividends Paid -563,100 -427,300 -379,700 -187,500 -395,900 -964,800 -908,300 -843,200 -565,900 -179,000 -113,000 -362,200 -273,700 -38,200 -448,100 0 0
Other Financing Activities -286,300 -1,367,400 -2,227,500 -484,200 -568,500 1,630,700 711,100 42,800 1,384,500 -1,290,400 -782,200 -839,400 -256,300 -214,400 318,700 -7,700 -105,700
Net Cash Used Provided by Financing Activities -297,500 -888,100 1,829,400 -1,914,000 -1,094,700 1,781,100 2,097,800 1,016,900 -345,500 1,424,100 3,900 634,000 1,093,000 87,400 -137,900 -386,900 900
Effect of Forex Changes on Cash -1,466,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Change in Cash -12,300 -77,300 60,500 -84,300 -88,300 99,000 94,900 63,700 -66,700 59,200 14,300 -9,600 -69,500 -42,600 -64,000 -110,400 184,900
Cash at End of Period 545,200 141,700 219,000 158,500 242,800 331,100 232,100 137,200 73,500 140,200 81,000 66,700 76,300 145,800 188,400 252,400 362,800
Cash at Start of Period 557,500 219,000 158,500 242,800 331,100 232,100 137,200 73,500 140,200 81,000 66,700 76,300 145,800 188,400 252,400 362,800 177,900
Free Cash Flow
Operating Cash Flow 3,279,500 3,211,600 2,380,800 2,302,900 1,744,500 1,389,800 1,144,000 939,500 837,400 1,034,700 761,800 382,700 428,200 379,300 208,500 335,800 390,700
Capital Expenditure -2,958,900 -2,385,400 -1,334,300 -505,100 -951,600 -2,877,800 -3,114,800 -1,297,500 -562,100 -817,200 -762,200 -1,013,600 -582,700 -331,900 -139,300 -99,400 -132,300
Free Cash Flow 320,600 826,200 1,046,500 1,797,800 792,900 -1,488,000 -1,970,800 -358,000 275,300 217,500 -400 -630,900 -154,500 47,400 69,200 236,400 258,400