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Targa Resources

NYSE: TRGP · USD

Targa Resources financials

6 charts

Revenue

USD millions

$4,440.1M
Targa Resources Revenue. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
PeriodRevenue
FY 2011 Q2Unavailable; Change unavailable vs FY 2011 Q1
FY 2011 Q3Unavailable; Change unavailable vs FY 2011 Q2
FY 2011 Q4Unavailable; Change unavailable vs FY 2011 Q3
FY 2012 Q1Unavailable; Change unavailable vs FY 2011 Q4
FY 2012 Q2Unavailable; Change unavailable vs FY 2012 Q1
FY 2012 Q3Unavailable; Change unavailable vs FY 2012 Q2
FY 2012 Q4Unavailable; Change unavailable vs FY 2012 Q3
FY 2013 Q1Unavailable; Change unavailable vs FY 2012 Q4
FY 2013 Q2Unavailable; Change unavailable vs FY 2013 Q1
FY 2013 Q3Unavailable; Change unavailable vs FY 2013 Q2
FY 2013 Q4Unavailable; Change unavailable vs FY 2013 Q3
FY 2014 Q1Unavailable; Change unavailable vs FY 2013 Q4
FY 2014 Q2Unavailable; Change unavailable vs FY 2014 Q1
FY 2014 Q3Unavailable; Change unavailable vs FY 2014 Q2
FY 2014 Q4Unavailable; Change unavailable vs FY 2014 Q3
FY 2015 Q1Unavailable; Change unavailable vs FY 2014 Q4
FY 2015 Q2Unavailable; Change unavailable vs FY 2015 Q1
FY 2015 Q3Unavailable; Change unavailable vs FY 2015 Q2
FY 2015 Q4Unavailable; Change unavailable vs FY 2015 Q3
FY 2016 Q1Unavailable; Change unavailable vs FY 2015 Q4
FY 2016 Q2Unavailable; Change unavailable vs FY 2016 Q1
FY 2016 Q3Unavailable; Change unavailable vs FY 2016 Q2
FY 2016 Q4Unavailable; Change unavailable vs FY 2016 Q3
FY 2017 Q1$2,112.6M; Change unavailable vs FY 2016 Q4
FY 2017 Q2$1,867.7M; −11.6% vs FY 2017 Q1
FY 2017 Q3$2,131.8M; +14.1% vs FY 2017 Q2
FY 2017 Q4$2,702.8M; +26.8% vs FY 2017 Q3
FY 2018 Q1$2,455.6M; −9.1% vs FY 2017 Q4
FY 2018 Q2$2,444.4M; −0.5% vs FY 2018 Q1
FY 2018 Q3$2,986.4M; +22.2% vs FY 2018 Q2
FY 2018 Q4$2,597.6M; −13.0% vs FY 2018 Q3
FY 2019 Q1$2,299.4M; −11.5% vs FY 2018 Q4
FY 2019 Q2$1,995.3M; −13.2% vs FY 2019 Q1
FY 2019 Q3$1,902.5M; −4.7% vs FY 2019 Q2
FY 2019 Q4$2,473.9M; +30.0% vs FY 2019 Q3
FY 2020 Q1$1,619.8M; −34.5% vs FY 2019 Q4
FY 2020 Q2$1,212.3M; −25.2% vs FY 2020 Q1
FY 2020 Q3$1,731.6M; +42.8% vs FY 2020 Q2
FY 2020 Q4$2,310.6M; +33.4% vs FY 2020 Q3
FY 2021 Q1$3,502.4M; +51.6% vs FY 2020 Q4
FY 2021 Q2$3,201.8M; −8.6% vs FY 2021 Q1
FY 2021 Q3$4,201.8M; +31.2% vs FY 2021 Q2
FY 2021 Q4$5,187.2M; +23.5% vs FY 2021 Q3
FY 2022 Q1$4,888.9M; −5.8% vs FY 2021 Q4
FY 2022 Q2$5,800.9M; +18.7% vs FY 2022 Q1
FY 2022 Q3$5,043.5M; −13.1% vs FY 2022 Q2
FY 2022 Q4$4,087.3M; −19.0% vs FY 2022 Q3
FY 2023 Q1$3,801.8M; −7.0% vs FY 2022 Q4
FY 2023 Q2$2,719.6M; −28.5% vs FY 2023 Q1
FY 2023 Q3$3,359.1M; +23.5% vs FY 2023 Q2
FY 2023 Q4$3,640.4M; +8.4% vs FY 2023 Q3
FY 2024 Q1$3,988.1M; +9.6% vs FY 2023 Q4
FY 2024 Q2$3,047.7M; −23.6% vs FY 2024 Q1
FY 2024 Q3$3,851.8M; +26.4% vs FY 2024 Q2
FY 2024 Q4Unavailable; Change unavailable vs FY 2024 Q3
FY 2025 Q1$4,561.5M; Change unavailable vs FY 2024 Q4
FY 2025 Q2$4,260.1M; −6.6% vs FY 2025 Q1
FY 2025 Q3$4,151.2M; −2.6% vs FY 2025 Q2
FY 2025 Q4$4,055.5M; −2.3% vs FY 2025 Q3
FY 2026 Q1$4,094.7M; +1.0% vs FY 2025 Q4
FY 2026 Q2$4,440.1M; +8.4% vs FY 2026 Q1
Jun 30, 2011 through Sep 25, 2026

Free cash flow

USD millions

$431.2M
Targa Resources Free cash flow. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
PeriodFree cash flow
FY 2011 Q2$70.2M; Change unavailable vs FY 2011 Q1
FY 2011 Q3$-133M; −289.5% vs FY 2011 Q2
FY 2011 Q4$97.1M; +173.0% vs FY 2011 Q3
FY 2012 Q1$35.8M; −63.1% vs FY 2011 Q4
FY 2012 Q2$-70.5M; −296.9% vs FY 2012 Q1
FY 2012 Q3$-40.2M; +43.0% vs FY 2012 Q2
FY 2012 Q4$-79.6M; −98.0% vs FY 2012 Q3
FY 2013 Q1$-28.9M; +63.7% vs FY 2012 Q4
FY 2013 Q2$-252.9M; −775.1% vs FY 2013 Q1
FY 2013 Q3$-168.3M; +33.5% vs FY 2013 Q2
FY 2013 Q4$-180.8M; −7.4% vs FY 2013 Q3
FY 2014 Q1$121M; +166.9% vs FY 2013 Q4
FY 2014 Q2$-116.1M; −196.0% vs FY 2014 Q1
FY 2014 Q3Unavailable; Change unavailable vs FY 2014 Q2
FY 2014 Q4$52.2M; Change unavailable vs FY 2014 Q3
FY 2015 Q1$105M; +101.1% vs FY 2014 Q4
FY 2015 Q2$-57M; −154.3% vs FY 2015 Q1
FY 2015 Q3$22.2M; +138.9% vs FY 2015 Q2
FY 2015 Q4$147.3M; +563.5% vs FY 2015 Q3
FY 2016 Q1$51.2M; −65.2% vs FY 2015 Q4
FY 2016 Q2$98.6M; +92.6% vs FY 2016 Q1
FY 2016 Q3$-14.1M; −114.3% vs FY 2016 Q2
FY 2016 Q4$139.6M; +1090.1% vs FY 2016 Q3
FY 2017 Q1$174.5M; +25.0% vs FY 2016 Q4
FY 2017 Q2$-237.6M; −236.2% vs FY 2017 Q1
FY 2017 Q3$-271.6M; −14.3% vs FY 2017 Q2
FY 2017 Q4$-23.3M; +91.4% vs FY 2017 Q3
FY 2018 Q1$-241.5M; −936.5% vs FY 2017 Q4
FY 2018 Q2Unavailable; Change unavailable vs FY 2018 Q1
FY 2018 Q3$-500.2M; Change unavailable vs FY 2018 Q2
FY 2018 Q4$-851.8M; −70.3% vs FY 2018 Q3
FY 2019 Q1$-635.7M; +25.4% vs FY 2018 Q4
FY 2019 Q2$-563M; +11.4% vs FY 2019 Q1
FY 2019 Q3$-316.4M; +43.8% vs FY 2019 Q2
FY 2019 Q4$27.1M; +108.6% vs FY 2019 Q3
FY 2020 Q1$110.9M; +309.2% vs FY 2019 Q4
FY 2020 Q2$12.1M; −89.1% vs FY 2020 Q1
FY 2020 Q3$169.6M; +1301.7% vs FY 2020 Q2
FY 2020 Q4$500.3M; +195.0% vs FY 2020 Q3
FY 2021 Q1$583.6M; +16.7% vs FY 2020 Q4
FY 2021 Q2$521.1M; −10.7% vs FY 2021 Q1
FY 2021 Q3$372.5M; −28.5% vs FY 2021 Q2
FY 2021 Q4$320.6M; −13.9% vs FY 2021 Q3
FY 2022 Q1$543.8M; +69.6% vs FY 2021 Q4
FY 2022 Q2$420.4M; −22.7% vs FY 2022 Q1
FY 2022 Q3$63.7M; −84.8% vs FY 2022 Q2
FY 2022 Q4$18.6M; −70.8% vs FY 2022 Q3
FY 2023 Q1$694.1M; +3631.7% vs FY 2022 Q4
FY 2023 Q2$78.8M; −88.6% vs FY 2023 Q1
FY 2023 Q3$-184.4M; −334.0% vs FY 2023 Q2
FY 2023 Q4$237.7M; +228.9% vs FY 2023 Q3
FY 2024 Q1$206.6M; −13.1% vs FY 2023 Q4
FY 2024 Q2$164.2M; −20.5% vs FY 2024 Q1
FY 2024 Q3$-287.9M; −275.3% vs FY 2024 Q2
FY 2024 Q4$601M; +308.8% vs FY 2024 Q3
FY 2025 Q1$162.2M; −73.0% vs FY 2024 Q4
FY 2025 Q2$-47.8M; −129.5% vs FY 2025 Q1
FY 2025 Q3$-72.6M; −51.9% vs FY 2025 Q2
FY 2025 Q4$542.3M; +847.0% vs FY 2025 Q3
FY 2026 Q1$-160M; −129.5% vs FY 2025 Q4
FY 2026 Q2$431.2M; +369.5% vs FY 2026 Q1

Net margin

%

17.22%
Targa Resources Net margin. Reported fiscal history.
Fiscal period%
FY 2011 Q2—
FY 2011 Q3—
FY 2011 Q4—
FY 2012 Q1—
FY 2012 Q2—
FY 2012 Q3—
FY 2012 Q4—
FY 2013 Q1—
FY 2013 Q2—
FY 2013 Q3—
FY 2013 Q4—
FY 2014 Q1—
FY 2014 Q2—
FY 2014 Q3—
FY 2014 Q4—
FY 2015 Q1—
FY 2015 Q2—
FY 2015 Q3—
FY 2015 Q4—
FY 2016 Q1—
FY 2016 Q2—
FY 2016 Q3—
FY 2016 Q4—
FY 2017 Q1-5.65%
FY 2017 Q23.08%
FY 2017 Q3-7.86%
FY 2017 Q411.07%
FY 2018 Q10.93%
FY 2018 Q24.46%
FY 2018 Q3-0.79%
FY 2018 Q4-3.4%
FY 2019 Q1-1.69%
FY 2019 Q2-0.51%
FY 2019 Q3-2.49%
FY 2019 Q4-0.61%
FY 2020 Q1-107.28%
FY 2020 Q26.68%
FY 2020 Q34%
FY 2020 Q41.45%
FY 2021 Q14.18%
FY 2021 Q21.76%
FY 2021 Q34.34%
FY 2021 Q4-6.05%
FY 2022 Q11.8%
FY 2022 Q210.28%
FY 2022 Q33.83%
FY 2022 Q47.78%
FY 2023 Q113.07%
FY 2023 Q212.11%
FY 2023 Q36.55%
FY 2023 Q48.23%
FY 2024 Q16.9%
FY 2024 Q29.79%
FY 2024 Q310.06%
FY 2024 Q4—
FY 2025 Q15.93%
FY 2025 Q214.77%
FY 2025 Q311.52%
FY 2025 Q413.44%
FY 2026 Q111.71%
FY 2026 Q217.22%

P/E

× · TTM · Daily

26.37×
Targa Resources P/E. Monthly closing observations; inspect daily values with the chart arrow keys.
Close date× · TTM · DailyFinancials through
2012-03-3061.29×2011-12-31
2012-04-3064.85×2011-12-31
2012-05-3155.33×2012-03-31
2012-06-2953.28×2012-03-31
2012-07-3154.96×2012-03-31
2012-08-3160.03×2012-06-30
2012-09-2866.75×2012-06-30
2012-10-3167.53×2012-06-30
2012-11-3059.29×2012-09-30
2012-12-3162.54×2012-09-30
2013-01-3171.44×2012-09-30
2013-02-2866.92×2012-12-31
2013-03-2874.56×2012-12-31
2013-04-3072.15×2012-12-31
2013-05-3164.57×2013-03-31
2013-06-2864.48×2013-03-31
2013-07-3168.33×2013-03-31
2013-08-3059.35×2013-06-30
2013-09-3063.59×2013-06-30
2013-10-3167.6×2013-06-30
2013-11-2961.07×2013-09-30
2013-12-3166.4×2013-09-30
2014-01-3168×2013-09-30
2014-02-2872.87×2013-09-30
2014-03-3174.76×2013-09-30
2014-04-3081.33×2013-09-30
2014-05-3086.58×2013-09-30
2014-06-30105.11×2013-09-30
2014-07-3196.02×2013-09-30
2014-08-29105.1×2013-09-30
2014-09-30102.55×2013-09-30
2014-10-3196.88×2013-09-30
2014-11-2885.96×2013-09-30
2014-12-3179.87×2013-09-30
2015-01-3065.39×2013-09-30
2015-02-2775×2013-09-30
2015-03-3172.14×2013-09-30
2015-04-3079.06×2013-09-30
2015-05-2969.25×2013-09-30
2015-06-3067.19×2013-09-30
2015-07-3166.61×2013-09-30
2015-08-3149.75×2013-09-30
2015-09-3038.8×2013-09-30
2015-10-3043.04×2013-09-30
2015-11-3029.6×2013-09-30
2015-12-3120.38×2013-09-30
2016-01-2916.92×2013-09-30
2016-02-2920.24×2013-09-30
2016-03-3112.95×2014-09-30
2016-04-2917.54×2014-09-30
2016-05-3194.33×2016-03-31
2016-06-3092.81×2016-03-31
2016-07-2982.06×2016-03-31
2016-08-31—2016-06-30
2016-09-30—2016-06-30
2016-10-31—2016-06-30
2016-11-30—2016-09-30
2016-12-30—2016-09-30
2017-01-31—2016-09-30
2017-02-28—2016-09-30
2017-03-31—2016-09-30
2017-04-28—2016-09-30
2017-05-31—2016-09-30
2017-06-30—2016-09-30
2017-07-31—2016-09-30
2017-08-31—2016-09-30
2017-09-29—2016-09-30
2017-10-31—2016-09-30
2017-11-30—2016-09-30
2017-12-29—2016-09-30
2018-01-31—2016-09-30
2018-02-28—2016-09-30
2018-03-29—2016-09-30
2018-04-30—2016-09-30
2018-05-31—2016-09-30
2018-06-29—2016-09-30
2018-07-31—2016-09-30
2018-08-31—2016-09-30
2018-09-28—2016-09-30
2018-10-31—2016-09-30
2018-11-30—2016-09-30
2018-12-31—2016-09-30
2019-01-31—2016-09-30
2019-02-28—2016-09-30
2019-03-29—2018-12-31
2019-04-30—2018-12-31
2019-05-31—2018-12-31
2019-06-28—2018-12-31
2019-07-31—2018-12-31
2019-08-30—2018-12-31
2019-09-30—2018-12-31
2019-10-31—2018-12-31
2019-11-29—2019-09-30
2019-12-31—2019-09-30
2020-01-31—2019-09-30
2020-02-28—2019-12-31
2020-03-31—2019-12-31
2020-04-30—2019-12-31
2020-05-29—2020-03-31
2020-06-30—2020-03-31
2020-07-31—2020-03-31
2020-08-31—2020-06-30
2020-09-30—2020-06-30
2020-10-30—2020-06-30
2020-11-30—2020-09-30
2020-12-31—2020-09-30
2021-01-29—2020-09-30
2021-02-26—2020-12-31
2021-03-31—2020-12-31
2021-04-30—2020-12-31
2021-05-2850.93×2021-03-31
2021-06-3058.26×2021-03-31
2021-07-3055.19×2021-03-31
2021-08-3152.07×2021-06-30
2021-09-3058.34×2021-06-30
2021-10-2964.81×2021-06-30
2021-11-3044.79×2021-09-30
2021-12-3145.32×2021-09-30
2022-01-3151.25×2021-09-30
2022-02-28—2021-12-31
2022-03-31—2021-12-31
2022-04-29—2021-12-31
2022-05-31—2022-03-31
2022-06-30—2022-03-31
2022-07-29—2022-03-31
2022-08-3174.99×2022-06-30
2022-09-3066.32×2022-06-30
2022-10-3175.15×2022-06-30
2022-11-3081.77×2022-06-30
2022-12-3080.79×2022-06-30
2023-01-3182.46×2022-06-30
2023-02-2819×2022-12-31
2023-03-3118.7×2022-12-31
2023-04-2819.36×2022-12-31
2023-05-3117.45×2022-12-31
2023-06-3019.51×2022-12-31
2023-07-3121.02×2022-12-31
2023-08-3122.11×2022-12-31
2023-09-2921.98×2022-12-31
2023-10-3121.44×2022-12-31
2023-11-3023.3×2023-03-31
2023-12-2922.38×2023-03-31
2024-01-3121.89×2023-03-31
2024-02-2926.39×2023-12-31
2024-03-2830.08×2023-12-31
2024-04-3030.64×2023-12-31
2024-05-3131.76×2023-12-31
2024-06-2834.59×2023-12-31
2024-07-3136.34×2023-12-31
2024-08-3030.35×2024-06-30
2024-09-3030.58×2024-06-30
2024-10-3134.5×2024-06-30
2024-11-2936.21×2024-09-30
2024-12-3131.64×2024-09-30
2025-01-3134.88×2024-09-30
2025-02-2834.57×2024-12-31
2025-03-3134.36×2024-12-31
2025-04-3029.29×2024-12-31
2025-05-3028.69×2025-03-31
2025-06-3031.62×2025-03-31
2025-07-3130.23×2025-03-31
2025-08-2923.75×2025-06-30
2025-09-3023.72×2025-06-30
2025-10-3121.81×2025-06-30
2025-11-2823.29×2025-09-30
2025-12-3124.52×2025-09-30
2026-01-3026.71×2025-09-30
2026-02-2727.46×2025-12-31
2026-03-3129.2×2025-12-31
2026-04-3030.28×2025-12-31
2026-05-2925.78×2026-03-31
2026-06-3027.1×2026-03-31
2026-07-3127.33×2026-03-31
2026-08-3127.87×2026-06-30
2026-09-2526.37×2026-06-30
Mean 50.13×Median 51.88×49% below median

ROIC

% · Annual / TTM

14.14%
Targa Resources ROIC. Reported fiscal history.
Fiscal period% · Annual / TTM
FY 2011 Q2—
FY 2011 Q3—
FY 2011 Q4—
FY 2012 Q1—
FY 2012 Q2—
FY 2012 Q3—
FY 2012 Q4—
FY 2013 Q1—
FY 2013 Q2—
FY 2013 Q3—
FY 2013 Q46.44%
FY 2014 Q1—
FY 2014 Q2—
FY 2014 Q3—
FY 2014 Q410.42%
FY 2015 Q1—
FY 2015 Q2—
FY 2015 Q3—
FY 2015 Q4—
FY 2016 Q1—
FY 2016 Q2—
FY 2016 Q3—
FY 2016 Q4—
FY 2017 Q1—
FY 2017 Q2—
FY 2017 Q3—
FY 2017 Q4—
FY 2018 Q1—
FY 2018 Q2—
FY 2018 Q3—
FY 2018 Q41.7%
FY 2019 Q1—
FY 2019 Q2—
FY 2019 Q3—
FY 2019 Q4—
FY 2020 Q1—
FY 2020 Q2—
FY 2020 Q3—
FY 2020 Q4—
FY 2021 Q17.75%
FY 2021 Q27.8%
FY 2021 Q38.8%
FY 2021 Q46.68%
FY 2022 Q16.47%
FY 2022 Q27.69%
FY 2022 Q36.96%
FY 2022 Q411.41%
FY 2023 Q114.81%
FY 2023 Q215.18%
FY 2023 Q313.24%
FY 2023 Q412.66%
FY 2024 Q111.49%
FY 2024 Q211.15%
FY 2024 Q311.76%
FY 2024 Q412.05%
FY 2025 Q111.51%
FY 2025 Q212.82%
FY 2025 Q312.61%
FY 2025 Q413.48%
FY 2026 Q114%
FY 2026 Q214.14%

Capital allocation

% of tracked cash uses

$1,015.1M
Targa Resources capital allocation. Quarterly values. Missing values are unavailable.
PeriodCapexAcquisitionsBuybacksDividendsDebt repaymentsTracked uses
FY 2011 Q287.22% · $81.2MUnavailableUnavailable12.78% · $11.9MUnavailable100% · $93.1M
FY 2011 Q385.79% · $76.1MUnavailable0% · $0M14.21% · $12.6MUnavailable100% · $88.7M
FY 2011 Q489.5% · $117.6MUnavailable0% · $0M10.5% · $13.8MUnavailable100% · $131.4M
FY 2012 Q188.18% · $103MUnavailableUnavailable11.82% · $13.8MUnavailable100% · $116.8M
FY 2012 Q289.39% · $135.7MUnavailableUnavailable10.61% · $16.1MUnavailable100% · $151.8M
FY 2012 Q387.96% · $126.4MUnavailableUnavailable12.04% · $17.3MUnavailable100% · $143.7M
FY 2012 Q491.97% · $217.6MUnavailableUnavailable8.03% · $19MUnavailable100% · $236.6M
FY 2013 Q191.44% · $202.9MUnavailable0% · $0M8.56% · $19MUnavailable100% · $221.9M
FY 2013 Q291.62% · $241.6MUnavailable0% · $0M8.38% · $22.1MUnavailable100% · $263.7M
FY 2013 Q391.75% · $263.7MUnavailable0% · $0M8.25% · $23.7MUnavailable100% · $287.4M
FY 2013 Q488.73% · $305.4MUnavailable3.86% · $13.3M7.41% · $25.5MUnavailable100% · $344.2M
FY 2014 Q188.26% · $197.7M0% · $0M0.36% · $0.8M11.38% · $25.5MUnavailable100% · $224M
FY 2014 Q289.08% · $221.9M0% · $0M0% · $0M10.92% · $27.2MUnavailable100% · $249.1M
FY 2014 Q382.93% · $152.1M0% · $0M0.98% · $1.8M16.09% · $29.5MUnavailable100% · $183.4M
FY 2014 Q486.08% · $190.5M0% · $0M0% · $0M13.92% · $30.8MUnavailable100% · $221.3M
FY 2015 Q110.31% · $187.6M87.83% · $1,598M0.08% · $1.5M1.78% · $32.4MUnavailable100% · $1,819.5M
FY 2015 Q284.07% · $248.6MUnavailable0.2% · $0.6M15.73% · $46.5MUnavailable100% · $295.7M
FY 2015 Q379.06% · $189.1M0% · $0M0.42% · $1M20.53% · $49.1MUnavailable100% · $239.2M
FY 2015 Q478.94% · $191.9M0% · $0M0.08% · $0.2M20.98% · $51MUnavailable100% · $243.1M
FY 2016 Q178.72% · $190.1MUnavailableUnavailable21.28% · $51.4MUnavailable100% · $241.5M
FY 2016 Q2100% · $117.6MUnavailableUnavailableUnavailableUnavailable100% · $117.6M
FY 2016 Q3100% · $117.3MUnavailableUnavailableUnavailableUnavailable100% · $117.3M
FY 2016 Q4100% · $137.1MUnavailableUnavailableUnavailableUnavailable100% · $137.1M
FY 2017 Q123.07% · $144.2M76.93% · $480.8MUnavailableUnavailableUnavailable100% · $625M
FY 2017 Q280.99% · $383.4M19.01% · $90MUnavailableUnavailableUnavailable100% · $473.4M
FY 2017 Q3100% · $339M0% · $0MUnavailableUnavailableUnavailable100% · $339M
FY 2017 Q4100% · $430.9M0% · $0MUnavailableUnavailableUnavailable100% · $430.9M
FY 2018 Q1100% · $595.9MUnavailableUnavailableUnavailableUnavailable100% · $595.9M
FY 2018 Q2100% · $566.6MUnavailableUnavailableUnavailableUnavailable100% · $566.6M
FY 2018 Q3100% · $871.1MUnavailableUnavailableUnavailableUnavailable100% · $871.1M
FY 2018 Q4100% · $1,081.2MUnavailableUnavailableUnavailableUnavailable100% · $1,081.2M
FY 2019 Q1100% · $943.3MUnavailableUnavailableUnavailableUnavailable100% · $943.3M
FY 2019 Q2100% · $807.7MUnavailableUnavailableUnavailableUnavailable100% · $807.7M
FY 2019 Q3100% · $683.1MUnavailableUnavailableUnavailableUnavailable100% · $683.1M
FY 2019 Q4100% · $443.7MUnavailableUnavailableUnavailableUnavailable100% · $443.7M
FY 2020 Q1100% · $341.7MUnavailableUnavailableUnavailableUnavailable100% · $341.7M
FY 2020 Q2100% · $274.2MUnavailableUnavailableUnavailableUnavailable100% · $274.2M
FY 2020 Q3100% · $187.2MUnavailableUnavailableUnavailableUnavailable100% · $187.2M
FY 2020 Q4100% · $148.5MUnavailableUnavailableUnavailableUnavailable100% · $148.5M
FY 2021 Q1100% · $96.2MUnavailableUnavailableUnavailableUnavailable100% · $96.2M
FY 2021 Q2100% · $102.7MUnavailableUnavailableUnavailableUnavailable100% · $102.7M
FY 2021 Q3100% · $122.7MUnavailableUnavailableUnavailableUnavailable100% · $122.7M
FY 2021 Q4100% · $183.5MUnavailableUnavailableUnavailableUnavailable100% · $183.5M
FY 2022 Q1100% · $204.4MUnavailableUnavailableUnavailableUnavailable100% · $204.4M
FY 2022 Q2100% · $215.1MUnavailableUnavailableUnavailableUnavailable100% · $215.1M
FY 2022 Q310.68% · $395.9M89.32% · $3,311.1MUnavailableUnavailableUnavailable100% · $3,707M
FY 2022 Q4100% · $518.9MUnavailableUnavailableUnavailableUnavailable100% · $518.9M
FY 2023 Q1100% · $475.7MUnavailableUnavailableUnavailableUnavailable100% · $475.7M
FY 2023 Q2100% · $598MUnavailableUnavailableUnavailableUnavailable100% · $598M
FY 2023 Q3100% · $591.7MUnavailableUnavailableUnavailableUnavailable100% · $591.7M
FY 2023 Q4100% · $720MUnavailableUnavailableUnavailableUnavailable100% · $720M
FY 2024 Q1100% · $669.8MUnavailableUnavailableUnavailableUnavailable100% · $669.8M
FY 2024 Q2100% · $740.3MUnavailableUnavailableUnavailableUnavailable100% · $740.3M
FY 2024 Q3100% · $828.8MUnavailableUnavailableUnavailableUnavailable100% · $828.8M
FY 2024 Q4100% · $726.9MUnavailableUnavailableUnavailableUnavailable100% · $726.9M
FY 2025 Q1100% · $792.2MUnavailableUnavailableUnavailableUnavailable100% · $792.2M
FY 2025 Q2100% · $906.1MUnavailableUnavailableUnavailableUnavailable100% · $906.1M
FY 2025 Q3100% · $671.8MUnavailableUnavailableUnavailableUnavailable100% · $671.8M
FY 2025 Q4100% · $963.2MUnavailableUnavailableUnavailableUnavailable100% · $963.2M
FY 2026 Q141.63% · $899.5M58.37% · $1,261.3MUnavailableUnavailableUnavailable100% · $2,160.8M
FY 2026 Q299.51% · $1,010.1M0.49% · $5MUnavailableUnavailableUnavailable100% · $1,015.1M

Tracked cash uses · SBC excluded

Sources and calculations

Company filings · USD · Last checked 2026-10-18. Missing inputs remain unavailable. Your chart selection and layout are saved in this browser for Targa Resources.

All charts share the selected dates. Quarterly/Yearly changes fiscal charts; valuation keeps completed daily closes on a published TTM basis. Later restatements can delay that basis. Historical mean, median and pricing labels use the selected range and do not estimate intrinsic fair value.

SBC deduction is an optional economic-cost scenario for FCF-based metrics. Missing SBC never becomes zero.

Revenue
Reported revenue from company filings.
Free cash flow
Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Net margin
Reported net income / revenue × 100.
P/E
Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
ROIC
NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
Capital allocation
Reported cash uses as a percentage of tracked uses. Missing categories remain unavailable; SBC is noncash and excluded.
Reported revenue and sources