Targa Resources Corp.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Targa Resources Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 23% to $16,060,300,000. The net income raised on $1,345,900,000 and profit margin reached 8%. Total operating expenses were $1,428,100,000.

Profit Margin

Targa Resources Corp. (NYSE:TRGP): Profit margin
2014 8.61B 102.3M 1.19%
2015 6.65B 58.3M 0.88%
2016 6.69B -187.3M -2.8%
2017 8.81B 54M 0.61%
2018 10.48B 1.6M 0.02%
2019 8.67B 41.2M 0.48%
2020 8.26B -1.32B -16.04%
2021 16.94B 422.1M 2.49%
2022 20.92B 896.8M 4.28%
2023 16.06B 1.34B 8.38%

TRGP Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
16.06B20.92B16.94B8.26B8.67B10.48B8.81B6.69B6.65B8.61B
Cost of revenue
12.00B17.97B14.60B5.97B7.09B9.05B7.71B5.68B5.55B7.39B
Gross profit
4.05B2.95B2.34B2.29B1.58B1.42B1.09B1.01B1.10B1.21B
Operating exp.
Research and development
0000000000
Selling and marketing
0000000000
Total operating expenses
1.42B1.22B1.02B1.03B1.14B982.5M827.8M747.5M659.2M578.1M
Operating income
2.62B1.72B1.28B3.80B618.7M237.5M-122.4M55.8M159.3M640.5M
Other income (expenses), net
-683.7M-65.8M-852.6M-269.4M-665.4M-193.7M-170.5M-220.1M-271.1M-149.5M
Income before tax
1.94B1.66B436.9M-1.57B-46.7M65.9M-292.9M-259.7M-111.8M491M
Income tax expense
363.2M131.8M14.8M-248.1M-87.9M5.5M-397.1M-100.6M39.6M68M
Net income
1.34B896.8M422.1M-1.32B41.2M1.6M54M-187.3M58.3M102.3M
Earnings per share
Basic EPS
3.693.951.85-5.710.180.00-0.31-1.011.092.44
Diluted EPS
3.663.881.85-5.710.180.00-0.31-1.011.092.43
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