TRGP
NYSE · Energy
Targa Resources Corp
$271.82
-13.18 (-4.62%)
Financial Highlights (FY 2026)
Revenue
16.69B
Net Income
1.89B
Gross Margin
38.3%
Profit Margin
11.3%
Rev Growth
-6.7%
D/E Ratio
5.68
Revenue & Net Income
Margin Trends
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Gross Margin | 38.3% | 38.3% | 30.1% | 30.1% |
| Operating Margin | 19.6% | 17.6% | 8.4% | 8.3% |
| Profit Margin | 11.3% | 10.7% | 5.3% | 6.9% |
Income Statement
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Revenue | 16.69B | 17.88B | 50.62B | 53.90B |
| Gross Profit | 6.39B | 6.85B | 15.22B | 16.21B |
| Operating Income | 3.27B | 3.15B | 4.26B | 4.47B |
| Net Income | 1.89B | 1.82B | 2.70B | 3.73B |
| Gross Margin | 38.3% | 38.3% | 30.1% | 30.1% |
| Operating Margin | 19.6% | 17.6% | 8.4% | 8.3% |
| Profit Margin | 11.3% | 10.7% | 5.3% | 6.9% |
| Rev Growth | -6.7% | -6.7% | -5.8% | -4.1% |
Balance Sheet
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| Total Debt | 28.48B | 28.48B | 6.65B | 5.66B |
| Total Equity | 5.01B | 5.01B | 23.32B | 25.70B |
| D/E Ratio | 5.68 | 5.68 | 0.28 | 0.22 |
Cash Flow
| FY 2026 | FY 2025 | FY 2024 | FY 2023 | |
|---|---|---|---|---|
| EBITDA | 4.75B | 4.84B | 5.87B | 6.51B |
| Free Cash Flow | — | — | 2.45B | 1.78B |