SequelSEC

Targa Resources Corp. TRGP

Natural Gas Transmission · CIK 0001389170 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$16.74B
Fiscal year ended 2026-06-30
Operating income
$3.84B
Fiscal year ended 2026-06-30
Free cash flow
$740.90M
Fiscal year ended 2026-06-30

Targa Resources Corp. (TRGP) reported revenue of $16.74B and net income of $2.27B for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from Targa Resources Corp.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Natural Gas Transmission.

Income

Targa Resources Corp. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Revenue$16.74B
Cost of revenue$9.51B
Gross profit$7.23B
Operating income$3.84B
Net income$2.27B
Research & developmentUnavailable
Weighted-average diluted sharesUnavailable
Pretax income$2.93B
Income tax expense$624.50M
Diluted EPSUnavailable
Selling, general & administrativeUnavailable
General & administrative$432.40M
Selling & marketingUnavailable

Balance

Targa Resources Corp. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Cash & equivalents$132.30M
Total assets$28.52B
Current assets$2.63B
Total liabilitiesUnavailable
Current liabilities$3.41B
Total equity incl. NCI$3.80B
Temporary (mezzanine) equityUnavailable
Inventory$311.70M
Accounts receivable$1.95B
Goodwill$118.90M
Long-term debt$19.02B
Accounts payable$2.11B

Cash flow

Targa Resources Corp. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Operating cash flow$4.29B
Capital expenditures$3.54B
Investing cash flow-$5.05B
Financing cash flow$780.00M
Net change in cash$19.20M
Stock-based compensation$76.00M
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortization$1.65B

Derived

Targa Resources Corp. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Free cash flow$740.90M
Gross margin43.2%
Operating margin22.9%
FCF margin4.4%
SBC / revenue0.5%
Current ratio0.77x
Revenue YoY growth-2.0%
Net margin13.5%
R&D / revenueUnavailable
CapEx / revenue21.2%
Long-term debt / equity5.01x
Effective tax rate21.3%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open TRGP in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-02-19View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-01View SEC filing

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.