Last quarter (Q4 2023), Targa Resources's total revenue was $4.24B, a decrease of -6.92% from the same quarter last year. In Q4, Targa Resources's net income was $280.20M. See Targa Resources’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 15.08B	$ 16.06B	$ 20.93B	$ 15.60B	$ 8.26B	$ 8.67B
Cost of Revenue	$ 10.68B	$ 10.68B	$ -17.98B	$ 13.73B	$ 6.05B	$ 7.09B
Gross Profit	$ 10.47B	$ 5.38B	$ 2.95B	$ 16.95B	$ 2.21B	$ 1.58B
Operating Expense	$ 1.08B	$ 1.08B	$ -1.22B	$ 747.00M	$ 955.60M	$ 1.07B
Operating Income	$ 8.24B	$ 2.63B	$ 1.73B	$ 15.79B	$ 1.25B	$ 507.20M
Net Non Operating Interest Income Expense	$ -687.80M	$ -687.80M	$ -495.70M	$ -387.90M	$ -345.70M	$ -339.20M
Other Income Expense	$ -4.10M	$ -4.10M	$ -429.70M	$ 40.00M	$ -2.48B	$ -214.70M
Pretax Income	$ 1.94B	$ 1.94B	$ 1.66B	$ 436.90M	$ -1.57B	$ -46.70M
Tax Provision	$ 363.20M	$ 363.20M	$ 131.80M	$ 14.80M	$ -248.10M	$ -87.90M
Earnings From Equity Interest Net Of Tax	$ 9.00M	$ 9.00M	$ 9.10M	$ -23.90M	-	-
Net Income Common Stockholders	$ 4.11B	$ 835.80M	$ 896.80M	$ 14.46B	$ -1.68B	$ -334.00M
Basic EPS	$ 3.79	$ 3.69	$ 3.95	$ -0.07	$ -7.26	$ -1.44
Diluted EPS	$ 3.78	$ 3.66	$ 3.88	$ -0.07	$ -7.26	$ -1.44
Basic Average Shares	$ 898.40M	$ 224.60M	$ 227.30M	$ 228.60M	$ 232.20M	$ 232.50M
Diluted Average Shares	$ 904.00M	$ 226.00M	$ 231.10M	$ 228.60M	$ 232.20M	$ 232.50M
Dividend Per Share	$ 1.85	$ 1.85	$ 1.40	$ 0.40	$ 1.21	$ 3.64
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 11.75B	$ 11.75B	$ 17.79B	$ 14.48B	$ 7.01B	$ 8.16B
Interest Expense	-	-	-	-	$ 391.30M	$ 337.80M
Net Income From Continuing And Discontinued Operation	$ 1.40B	$ 1.35B	$ 1.20B	$ 422.10M	$ -1.55B	$ -209.20M
Normalized Income	$ 1.00B	$ 1.53B	$ 1.30B	-	$ 599.40M	$ -24.00M
EBIT	$ 1.94B	$ 1.94B	$ 1.66B	$ 436.90M	$ -1.18B	$ 507.20M
EBITDA	$ 3.29B	$ 3.29B	$ 2.77B	$ 1.32B	$ -316.70M	$ 1.48B

Currency in USD

Targa Resources Earnings and Revenue History

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