Targa Resources (TRGP)

Targa Resources (TRGP) Income Statement


Targa Resources Income Statement

Last quarter (Q1 2023), Targa Resources's total revenue was $4.03B, a decrease of -18.84% from the same quarter last year. In Q1, Targa Resources's net income was $3.28B. See Targa Resources’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 22Dec 21Dec 20Dec 19Dec 18
Total Revenue
$ 20.00B$ 20.93B$ 16.95B$ 8.26B$ 8.67B$ 10.48B
Cost of Revenue
$ 12.93B$ -16.88B$ 14.60B$ 6.05B$ 7.09B$ 9.05B
Gross Profit
$ 10.58B$ 20.93B$ 2.35B$ 2.21B$ 1.58B$ 1.43B
Operating Expense
$ 1.31B$ 1.41B$ 1.02B$ 955.60M$ 1.07B$ 982.50M
Operating Income
$ 9.12B$ 19.52B$ 1.33B$ 1.25B$ 507.20M$ 447.40M
Net Non Operating Interest Income Expense
$ -554.30M$ -446.10M$ -404.50M$ -345.70M$ -339.20M$ -187.80M
Other Income Expense
$ 428.20M$ -380.30M$ -488.00M$ -2.48B$ -214.70M$ -193.70M
Pretax Income
$ 15.47B$ 19.46B$ 436.90M$ -1.57B$ -46.70M$ 65.90M
Tax Provision
$ 219.20M$ 131.80M$ 14.80M$ -248.10M$ -87.90M$ 5.50M
Earnings From Equity Interest Net Of Tax
$ 200.00K$ 445.00M----
Net Income Common Stockholders
$ 7.74B$ 18.69B$ -16.10M$ -1.68B$ -334.00M$ -119.30M
Basic EPS
$ 3.92$ 3.95$ -0.07$ -7.26$ -1.44$ -0.53
Diluted EPS
$ 3.85$ 3.88$ -0.07$ -7.26$ -1.44$ -0.53
Basic Average Shares
$ 908.10M$ 227.30M$ 228.60M$ 232.20M$ 232.50M$ 224.20M
Diluted Average Shares
$ 922.40M$ 231.10M$ 228.60M$ 232.20M$ 232.50M$ 224.20M
Dividend Per Share
$ 0.35$ 1.40$ 0.40$ 1.21$ 3.64$ 3.64
Total Operating Income As Reported
Reported Normalized Basic E P S
Reported Normalized Diluted E P S
Rent Expense Supplemental
Total Expenses
$ 14.24B$ 1.41B$ 15.62B$ 7.01B$ 8.16B$ 10.04B
Interest Expense
$ 207.00M-$ 387.90M$ 391.30M$ 337.80M$ 185.80M
Net Income From Continuing And Discontinued Operation
$ 5.24B$ 18.99B$ 71.20M$ -1.55B$ -209.20M$ 1.60M
Normalized Income
$ 402.61M-$ 520.16M$ 599.40M$ -24.00M$ 185.92M
$ 15.99B$ 19.90B$ 824.80M$ -1.18B$ 507.20M$ 447.40M
$ 17.21B$ 21.00B$ 1.70B$ -316.70M$ 1.48B$ 1.26B
Currency in USD

Targa Resources Earnings and Revenue History

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