TRGP
NYSE · Energy
Targa Resources Corp
$246.10
+6.18 (+2.58%)
Financial Highlights (FY 2026)
Revenue
15.77B
Net Income
1.26B
Gross Margin
34.7%
Profit Margin
8.0%
Rev Growth
-1.1%
D/E Ratio
5.47
Revenue & Net Income
Margin Trends
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Gross Margin | 34.7% | 34.7% | 30.1% | 30.1% |
| Operating Margin | 16.4% | 14.8% | 8.4% | 8.3% |
| Profit Margin | 8.0% | 7.6% | 5.3% | 6.9% |
Income Statement
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Revenue | 15.77B | 15.95B | 50.62B | 53.90B |
| Gross Profit | 5.47B | 5.53B | 15.22B | 16.21B |
| Operating Income | 2.59B | 2.36B | 4.26B | 4.47B |
| Net Income | 1.26B | 1.15B | 2.70B | 3.73B |
| Gross Margin | 34.7% | 34.7% | 30.1% | 30.1% |
| Operating Margin | 16.4% | 14.8% | 8.4% | 8.3% |
| Profit Margin | 8.0% | 7.6% | 5.3% | 6.9% |
| Rev Growth | -1.1% | -1.1% | -5.8% | -4.1% |
Balance Sheet
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Total Debt | 20.34B | 20.34B | 6.65B | 5.66B |
| Total Equity | 3.72B | 3.72B | 23.32B | 25.70B |
| D/E Ratio | 5.47 | 5.47 | 0.28 | 0.22 |
Cash Flow
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| EBITDA | 3.97B | 3.81B | 5.87B | 6.51B |
| Free Cash Flow | — | — | 2.45B | 1.78B |