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TARGA RESOURCES CORP.

EDGAR

TRGP Quarterly report (10-Q) · filed 2026-08-06

Annual consolidated revenue for 2025: about USD 17.03B, using the latest reported figures. The previous period, 2024, was about USD 16.38B.

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Watchlist

Latest quarter

Revenue

4.44 billion USD

2026 Q2 · USD

Exact inputs and evidence

Revenue: 4440100000 USD Source

Operating margin

27.8%

2026 Q2 · %

Exact inputs and evidence

Operating Income: 1234500000 USD Source
Revenue: 4440100000 USD Source

Operating cash flow

1.44 billion USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: 2180800000 USD Source
Operating Cash Flow: 739500000 USD Source

Free cash flow

431 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: 2180800000 USD Source
Operating Cash Flow: 739500000 USD Source
Capital Expenditure: 1909600000 USD Source
Capital Expenditure: 899500000 USD Source

Cash and cash equivalents: 132 million USD 2026-06-30 Source
Exact value

132300000 USD
Long-term debt including current maturities: 19.6 billion USD 2026-06-30 Source
Exact value

19578000000 USD
Shares outstanding: 214 million shares 2026-06-30 Source
Exact value

214422392 shares

Reported share-count change

-0.50% · -1.09 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

215509429 shares · 2025-06-30· Source
214422392 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

16.7 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Revenue: 4151200000 USD · 2025-07-01 – 2025-09-30 Source
Revenue: 17028300000 USD · 2025-01-01 – 2025-12-31 Source
Revenue: 12972800000 USD · 2025-01-01 – 2025-09-30 Source
Revenue: 4094700000 USD · 2026-01-01 – 2026-03-31 Source
Revenue: 4440100000 USD · 2026-04-01 – 2026-06-30 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-06.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 10 of 11 periods available· newest 2025-12-31
Operating income: 11 of 11 periods available· newest 2025-12-31
Net income: 11 of 11 periods available· newest 2025-12-31
Operating cash flow: 11 of 11 periods available· newest 2025-12-31
Capital expenditure: 11 of 11 periods available· newest 2025-12-31
Total assets: 10 of 11 periods available· newest 2025-12-31
liabilities: No compatible figures in this window
Current assets: 10 of 11 periods available· newest 2025-12-31
Current liabilities: 10 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 10 of 11 periods available· newest 2025-12-31
Long-term debt including current maturities: 10 of 11 periods available· newest 2025-12-31
Shares outstanding: 10 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+3.9%

Prior period

USD 16.38 billion

2024-01-01 – 2024-12-31
Current period

USD 17.03 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

17028300000 − 16381500000 = 646800000 USD

16381500000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
17028300000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · TARGA RESOURCES CORP. · 2025-12-31 TARGA RESOURCES CORP. (edgar:1389170) Year-over-year change in Revenue: 646800000 USD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 17028300000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#8064724 Filing: 000119312526059296 Input fundies:Revenue: 16381500000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#8066449 Filing: 000119312526059296
The citation records this snapshot. The page link may show a newer release later.
Net income
+46.6%

Prior period

USD 1.31 billion

2024-01-01 – 2024-12-31
Current period

USD 1.92 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

1923000000 − 1312000000 = 611000000 USD

1312000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
1923000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · TARGA RESOURCES CORP. · 2025-12-31 TARGA RESOURCES CORP. (edgar:1389170) Year-over-year change in Net income: 611000000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: 1923000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#5995594 Filing: 000119312526059296 Input fundies:NetIncome: 1312000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#5997239 Filing: 000119312526059296
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+7.3%

Prior period

USD 3.65 billion

2024-01-01 – 2024-12-31
Current period

USD 3.92 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

3917400000 − 3649700000 = 267700000 USD

3649700000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
3917400000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · TARGA RESOURCES CORP. · 2025-12-31 TARGA RESOURCES CORP. (edgar:1389170) Year-over-year change in Operating cash flow: 267700000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 3917400000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3984924 Filing: 000119312526059296 Input fundies:OperatingCashFlow: 3649700000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3986675 Filing: 000119312526059296
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+12.4%

Prior period

USD 2.97 billion

2024-01-01 – 2024-12-31
Current period

USD 3.33 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

3333300000 − 2965800000 = 367500000 USD

2965800000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
3333300000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · TARGA RESOURCES CORP. · 2025-12-31 TARGA RESOURCES CORP. (edgar:1389170) Year-over-year change in Capital expenditure: 367500000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 3333300000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3994125 Filing: 000119312526059296 Input fundies:CapitalExpenditure: 2965800000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3995893 Filing: 000119312526059296
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue USD 17.03 billion 100% of revenue
Operating costs Derived USD 13.7 billion 80% of revenue
Operating income USD 3.33 billion 20% of revenue
Tax, interest and other Derived USD 1.41 billion 8.3% of revenue
Net income USD 1.92 billion 11% of revenue

Cash

Operating cash flow USD 3.92 billion 23% of revenue
Capital expenditure USD 3.33 billion 20% of revenue
Free cash flow Derived USD 584.1 million 3.4% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2016 Net loss: net income was −3.4% of revenue.
2017 Operating loss: operating costs were 101% of revenue.
2018 98%
2019 Net loss: net income was −2.4% of revenue.
2020 Operating loss: operating costs were 116% of revenue.
2021 95%
2022 92%
2023 84%
2024 84%
2025 11%80%

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2016 2016-01-01 – 2016-12-31	5586700000	5530900000 Derived	55800000	243100000 Derived	-187300000	275300000 Derived	Source 2016-01-01 – 2016-12-31: 5586700000 USD Inspect Revenue Open source 2016-01-01 – 2016-12-31: 55800000 USD Inspect Operating Income Open source 2016-01-01 – 2016-12-31: -187300000 USD Inspect Net Income Open source 2016-01-01 – 2016-12-31: 837400000 USD Inspect Operating Cash Flow Open source 2016-01-01 – 2016-12-31: 562100000 USD Inspect Capital Expenditure Open source
2017 2017-01-01 – 2017-12-31	8814900000	8937300000 Derived	-122400000	-176400000 Derived	54000000	-358000000 Derived	Source 2017-01-01 – 2017-12-31: 8814900000 USD Inspect Revenue Open source 2017-01-01 – 2017-12-31: -122400000 USD Inspect Operating Income Open source 2017-01-01 – 2017-12-31: 54000000 USD Inspect Net Income Open source 2017-01-01 – 2017-12-31: 939500000 USD Inspect Operating Cash Flow Open source 2017-01-01 – 2017-12-31: 1297500000 USD Inspect Capital Expenditure Open source
2018 2018-01-01 – 2018-12-31	10484000000	10246500000 Derived	237500000	235900000 Derived	1600000	-1970800000 Derived	Source 2018-01-01 – 2018-12-31: 10484000000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: 237500000 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: 1600000 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: 1144000000 USD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 3114800000 USD Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	8671100000	8478200000 Derived	192900000	402100000 Derived	-209200000	-1488000000 Derived	Source 2019-01-01 – 2019-12-31: 8671100000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: 192900000 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: -209200000 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: 1389800000 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 2877800000 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	8260300000	9564000000 Derived	-1303700000	250200000 Derived	-1553900000	792900000 Derived	Source 2020-01-01 – 2020-12-31: 8260300000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -1303700000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: -1553900000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: 1744500000 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 951600000 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	16949800000	16085000000 Derived	864800000	793600000 Derived	71200000	1797800000 Derived	Source 2021-01-01 – 2021-12-31: 16949800000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: 864800000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: 71200000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: 2302900000 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 505100000 USD Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	20929800000	19200800000 Derived	1729000000	533500000 Derived	1195500000	1046500000 Derived	Source 2022-01-01 – 2022-12-31: 20929800000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: 1729000000 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: 1195500000 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: 2380800000 USD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 1334300000 USD Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	16060300000	13434100000 Derived	2626200000	1280300000 Derived	1345900000	826200000 Derived	Source 2023-01-01 – 2023-12-31: 16060300000 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: 2626200000 USD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: 1345900000 USD Inspect Net Income Open source 2023-01-01 – 2023-12-31: 3211600000 USD Inspect Operating Cash Flow Open source 2023-01-01 – 2023-12-31: 2385400000 USD Inspect Capital Expenditure Open source
2024 2024-01-01 – 2024-12-31	16381500000	13686100000 Derived	2695400000	1383400000 Derived	1312000000	683900000 Derived	Source 2024-01-01 – 2024-12-31: 16381500000 USD Inspect Revenue Open source 2024-01-01 – 2024-12-31: 2695400000 USD Inspect Operating Income Open source 2024-01-01 – 2024-12-31: 1312000000 USD Inspect Net Income Open source 2024-01-01 – 2024-12-31: 3649700000 USD Inspect Operating Cash Flow Open source 2024-01-01 – 2024-12-31: 2965800000 USD Inspect Capital Expenditure Open source
2025 2025-01-01 – 2025-12-31	17028300000	13697100000 Derived	3331200000	1408200000 Derived	1923000000	584100000 Derived	Source 2025-01-01 – 2025-12-31: 17028300000 USD Inspect Revenue Open source 2025-01-01 – 2025-12-31: 3331200000 USD Inspect Operating Income Open source 2025-01-01 – 2025-12-31: 1923000000 USD Inspect Net Income Open source 2025-01-01 – 2025-12-31: 3917400000 USD Inspect Operating Cash Flow Open source 2025-01-01 – 2025-12-31: 3333300000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 17B 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Revenue	5586700000	Revenue: 5586700000 Open source
20172017-12-31	Revenue	8814900000	Revenue: 8814900000 Open source
20182018-12-31	Revenue	10484000000	Revenue: 10484000000 Open source
20192019-12-31	Revenue	8671100000	Revenue: 8671100000 Open source
20202020-12-31	Revenue	8260300000	Revenue: 8260300000 Open source
20212021-12-31	Revenue	16949800000	Revenue: 16949800000 Open source
20222022-12-31	Revenue	20929800000	Revenue: 20929800000 Open source
20232023-12-31	Revenue	16060300000	Revenue: 16060300000 Open source
20242024-12-31	Revenue	16381500000	Revenue: 16381500000 Open source
20252025-12-31	Revenue	17028300000	Revenue: 17028300000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

3.9% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Year over year	No prior comparable period	Revenue: 5586700000 Open source
20172017-12-31	Year over year	57.8%	Revenue: 8814900000 Open source Revenue: 5586700000 Open source
20182018-12-31	Year over year	18.9%	Revenue: 10484000000 Open source Revenue: 8814900000 Open source
20192019-12-31	Year over year	-17.3%	Revenue: 8671100000 Open source Revenue: 10484000000 Open source
20202020-12-31	Year over year	-4.7%	Revenue: 8260300000 Open source Revenue: 8671100000 Open source
20212021-12-31	Year over year	105.2%	Revenue: 16949800000 Open source Revenue: 8260300000 Open source
20222022-12-31	Year over year	23.5%	Revenue: 20929800000 Open source Revenue: 16949800000 Open source
20232023-12-31	Year over year	-23.3%	Revenue: 16060300000 Open source Revenue: 20929800000 Open source
20242024-12-31	Year over year	2%	Revenue: 16381500000 Open source Revenue: 16060300000 Open source
20252025-12-31	Year over year	3.9%	Revenue: 17028300000 Open source Revenue: 16381500000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 19.6% 2025

Net margin 11.3% 2025

Free cash flow margin 3.4% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Operating margin	1%	Operating Income: 55800000 Open source Revenue: 5586700000 Open source
20172017-12-31	Operating margin	-1.4%	Operating Income: -122400000 Open source Revenue: 8814900000 Open source
20182018-12-31	Operating margin	2.3%	Operating Income: 237500000 Open source Revenue: 10484000000 Open source
20192019-12-31	Operating margin	2.2%	Operating Income: 192900000 Open source Revenue: 8671100000 Open source
20202020-12-31	Operating margin	-15.8%	Operating Income: -1303700000 Open source Revenue: 8260300000 Open source
20212021-12-31	Operating margin	5.1%	Operating Income: 864800000 Open source Revenue: 16949800000 Open source
20222022-12-31	Operating margin	8.3%	Operating Income: 1729000000 Open source Revenue: 20929800000 Open source
20232023-12-31	Operating margin	16.4%	Operating Income: 2626200000 Open source Revenue: 16060300000 Open source
20242024-12-31	Operating margin	16.5%	Operating Income: 2695400000 Open source Revenue: 16381500000 Open source
20252025-12-31	Operating margin	19.6%	Operating Income: 3331200000 Open source Revenue: 17028300000 Open source
20162016-12-31	Net margin	-3.4%	Net Income: -187300000 Open source Revenue: 5586700000 Open source
20172017-12-31	Net margin	0.6%	Net Income: 54000000 Open source Revenue: 8814900000 Open source
20182018-12-31	Net margin	0%	Net Income: 1600000 Open source Revenue: 10484000000 Open source
20192019-12-31	Net margin	-2.4%	Net Income: -209200000 Open source Revenue: 8671100000 Open source
20202020-12-31	Net margin	-18.8%	Net Income: -1553900000 Open source Revenue: 8260300000 Open source
20212021-12-31	Net margin	0.4%	Net Income: 71200000 Open source Revenue: 16949800000 Open source
20222022-12-31	Net margin	5.7%	Net Income: 1195500000 Open source Revenue: 20929800000 Open source
20232023-12-31	Net margin	8.4%	Net Income: 1345900000 Open source Revenue: 16060300000 Open source
20242024-12-31	Net margin	8%	Net Income: 1312000000 Open source Revenue: 16381500000 Open source
20252025-12-31	Net margin	11.3%	Net Income: 1923000000 Open source Revenue: 17028300000 Open source
20162016-12-31	Free cash flow margin	4.9%	Revenue: 5586700000 Open source Operating Cash Flow: 837400000 Open source Capital Expenditure: 562100000 Open source
20172017-12-31	Free cash flow margin	-4.1%	Revenue: 8814900000 Open source Operating Cash Flow: 939500000 Open source Capital Expenditure: 1297500000 Open source
20182018-12-31	Free cash flow margin	-18.8%	Revenue: 10484000000 Open source Operating Cash Flow: 1144000000 Open source Capital Expenditure: 3114800000 Open source
20192019-12-31	Free cash flow margin	-17.2%	Revenue: 8671100000 Open source Operating Cash Flow: 1389800000 Open source Capital Expenditure: 2877800000 Open source
20202020-12-31	Free cash flow margin	9.6%	Revenue: 8260300000 Open source Operating Cash Flow: 1744500000 Open source Capital Expenditure: 951600000 Open source
20212021-12-31	Free cash flow margin	10.6%	Revenue: 16949800000 Open source Operating Cash Flow: 2302900000 Open source Capital Expenditure: 505100000 Open source
20222022-12-31	Free cash flow margin	5%	Revenue: 20929800000 Open source Operating Cash Flow: 2380800000 Open source Capital Expenditure: 1334300000 Open source
20232023-12-31	Free cash flow margin	5.1%	Revenue: 16060300000 Open source Operating Cash Flow: 3211600000 Open source Capital Expenditure: 2385400000 Open source
20242024-12-31	Free cash flow margin	4.2%	Revenue: 16381500000 Open source Operating Cash Flow: 3649700000 Open source Capital Expenditure: 2965800000 Open source
20252025-12-31	Free cash flow margin	3.4%	Revenue: 17028300000 Open source Operating Cash Flow: 3917400000 Open source Capital Expenditure: 3333300000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 3.9B 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Operating cash flow	837400000	Operating Cash Flow: 837400000 Open source
20172017-12-31	Operating cash flow	939500000	Operating Cash Flow: 939500000 Open source
20182018-12-31	Operating cash flow	1144000000	Operating Cash Flow: 1144000000 Open source
20192019-12-31	Operating cash flow	1389800000	Operating Cash Flow: 1389800000 Open source
20202020-12-31	Operating cash flow	1744500000	Operating Cash Flow: 1744500000 Open source
20212021-12-31	Operating cash flow	2302900000	Operating Cash Flow: 2302900000 Open source
20222022-12-31	Operating cash flow	2380800000	Operating Cash Flow: 2380800000 Open source
20232023-12-31	Operating cash flow	3211600000	Operating Cash Flow: 3211600000 Open source
20242024-12-31	Operating cash flow	3649700000	Operating Cash Flow: 3649700000 Open source
20252025-12-31	Operating cash flow	3917400000	Operating Cash Flow: 3917400000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 584.1M 2025

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Free cash flow	275300000	Operating Cash Flow: 837400000 Open source Capital Expenditure: 562100000 Open source
20172017-12-31	Free cash flow	-358000000	Operating Cash Flow: 939500000 Open source Capital Expenditure: 1297500000 Open source
20182018-12-31	Free cash flow	-1970800000	Operating Cash Flow: 1144000000 Open source Capital Expenditure: 3114800000 Open source
20192019-12-31	Free cash flow	-1488000000	Operating Cash Flow: 1389800000 Open source Capital Expenditure: 2877800000 Open source
20202020-12-31	Free cash flow	792900000	Operating Cash Flow: 1744500000 Open source Capital Expenditure: 951600000 Open source
20212021-12-31	Free cash flow	1797800000	Operating Cash Flow: 2302900000 Open source Capital Expenditure: 505100000 Open source
20222022-12-31	Free cash flow	1046500000	Operating Cash Flow: 2380800000 Open source Capital Expenditure: 1334300000 Open source
20232023-12-31	Free cash flow	826200000	Operating Cash Flow: 3211600000 Open source Capital Expenditure: 2385400000 Open source
20242024-12-31	Free cash flow	683900000	Operating Cash Flow: 3649700000 Open source Capital Expenditure: 2965800000 Open source
20252025-12-31	Free cash flow	584100000	Operating Cash Flow: 3917400000 Open source Capital Expenditure: 3333300000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2016-12-31	Liabilities / assets	Not reported	Total Assets: 12871200000 Open source
2017-12-31	Liabilities / assets	Not reported	Total Assets: 14388600000 Open source
2018-12-31	Liabilities / assets	Not reported	Total Assets: 16938200000 Open source
2019-12-31	Liabilities / assets	Not reported	Total Assets: 18815100000 Open source
2020-12-31	Liabilities / assets	Not reported	Total Assets: 15875700000 Open source
2021-12-31	Liabilities / assets	Not reported	Total Assets: 15208200000 Open source
2022-12-31	Liabilities / assets	Not reported	Total Assets: 19560000000 Open source
2023-12-31	Liabilities / assets	Not reported	Total Assets: 20671800000 Open source
2024-12-31	Liabilities / assets	Not reported	Total Assets: 22734100000 Open source
2025-12-31	Liabilities / assets	Not reported	Total Assets: 25218400000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

0.67× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Current assets / current liabilities	0.86×	Current Assets: 1006800000 Open source Current Liabilities: 1167600000 Open source
20172017-12-31	Current assets / current liabilities	0.79×	Current Assets: 1269900000 Open source Current Liabilities: 1616600000 Open source
20182018-12-31	Current assets / current liabilities	0.51×	Current Assets: 1418900000 Open source Current Liabilities: 2798800000 Open source
20192019-12-31	Current assets / current liabilities	0.89×	Current Assets: 1658300000 Open source Current Liabilities: 1872600000 Open source
20202020-12-31	Current assets / current liabilities	0.82×	Current Assets: 1460300000 Open source Current Liabilities: 1779400000 Open source
20212021-12-31	Current assets / current liabilities	0.77×	Current Assets: 1769800000 Open source Current Liabilities: 2298500000 Open source
20222022-12-31	Current assets / current liabilities	0.77×	Current Assets: 2356600000 Open source Current Liabilities: 3066700000 Open source
20232023-12-31	Current assets / current liabilities	0.79×	Current Assets: 2194600000 Open source Current Liabilities: 2760900000 Open source
20242024-12-31	Current assets / current liabilities	0.72×	Current Assets: 2296300000 Open source Current Liabilities: 3172600000 Open source
20252025-12-31	Current assets / current liabilities	0.67×	Current Assets: 2362700000 Open source Current Liabilities: 3546800000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2016 2016-01-01 – 2016-12-31	−USD 187.3 million Exact value Exact value: -187300000 USD 2016-01-01 – 2016-12-31: -187300000 USD Inspect Net Income Open source Share or cite Citation for Net Income · TARGA RESOURCES CORP. · 2016-12-31 TARGA RESOURCES CORP. (edgar:1389170) Net Income: -187300000 USD Concept: fundies:NetIncome Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ANetIncome&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:NetIncome: -187300000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459019005727/trgp-20181231.xml#714868 Filing: 000156459019005727 The citation records this snapshot. The page link may show a newer release later.	USD 837.4 million Exact value Exact value: 837400000 USD 2016-01-01 – 2016-12-31: 837400000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · TARGA RESOURCES CORP. · 2016-12-31 TARGA RESOURCES CORP. (edgar:1389170) Operating Cash Flow: 837400000 USD Concept: fundies:OperatingCashFlow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 837400000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459019005727/trgp-20181231.xml#799263 Filing: 000156459019005727 The citation records this snapshot. The page link may show a newer release later.	USD 562.1 million Exact value Exact value: 562100000 USD 2016-01-01 – 2016-12-31: 562100000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · TARGA RESOURCES CORP. · 2016-12-31 TARGA RESOURCES CORP. (edgar:1389170) Capital Expenditure: 562100000 USD Concept: fundies:CapitalExpenditure Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ACapitalExpenditure&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 562100000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459019005727/trgp-20181231.xml#799901 Filing: 000156459019005727 The citation records this snapshot. The page link may show a newer release later.	USD 275.3 million Calculation and evidence 837400000 − 562100000 USD Exact free cash flow: 275300000 USD 2016-01-01 – 2016-12-31: 837400000 USD · Inspect Operating Cash Flow · Source 2016-01-01 – 2016-12-31: 562100000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · TARGA RESOURCES CORP. · 2016-12-31 TARGA RESOURCES CORP. (edgar:1389170) Free cash flow: 275300000 USD Concept: free-cash-flow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 837400000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459019005727/trgp-20181231.xml#799263 Filing: 000156459019005727 Input fundies:CapitalExpenditure: 562100000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459019005727/trgp-20181231.xml#799901 Filing: 000156459019005727 The citation records this snapshot. The page link may show a newer release later.
2017 2017-01-01 – 2017-12-31	USD 54 million Exact value Exact value: 54000000 USD 2017-01-01 – 2017-12-31: 54000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · TARGA RESOURCES CORP. · 2017-12-31 TARGA RESOURCES CORP. (edgar:1389170) Net Income: 54000000 USD Concept: fundies:NetIncome Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ANetIncome&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:NetIncome: 54000000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459020005592/trgp-10k_20191231.htm#6060883 Filing: 000156459020005592 The citation records this snapshot. The page link may show a newer release later.	USD 939.5 million Exact value Exact value: 939500000 USD 2017-01-01 – 2017-12-31: 939500000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · TARGA RESOURCES CORP. · 2017-12-31 TARGA RESOURCES CORP. (edgar:1389170) Operating Cash Flow: 939500000 USD Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 939500000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459020005592/trgp-10k_20191231.htm#7538871 Filing: 000156459020005592 The citation records this snapshot. The page link may show a newer release later.	USD 1.3 billion Exact value Exact value: 1297500000 USD 2017-01-01 – 2017-12-31: 1297500000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · TARGA RESOURCES CORP. · 2017-12-31 TARGA RESOURCES CORP. (edgar:1389170) Capital Expenditure: 1297500000 USD Concept: fundies:CapitalExpenditure Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ACapitalExpenditure&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 1297500000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459020005592/trgp-10k_20191231.htm#7549851 Filing: 000156459020005592 The citation records this snapshot. The page link may show a newer release later.	−USD 358 million Calculation and evidence 939500000 − 1297500000 USD Exact free cash flow: -358000000 USD 2017-01-01 – 2017-12-31: 939500000 USD · Inspect Operating Cash Flow · Source 2017-01-01 – 2017-12-31: 1297500000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · TARGA RESOURCES CORP. · 2017-12-31 TARGA RESOURCES CORP. (edgar:1389170) Free cash flow: -358000000 USD Concept: free-cash-flow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 939500000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459020005592/trgp-10k_20191231.htm#7538871 Filing: 000156459020005592 Input fundies:CapitalExpenditure: 1297500000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459020005592/trgp-10k_20191231.htm#7549851 Filing: 000156459020005592 The citation records this snapshot. The page link may show a newer release later.
2018 2018-01-01 – 2018-12-31	USD 1.6 million Exact value Exact value: 1600000 USD 2018-01-01 – 2018-12-31: 1600000 USD Inspect Net Income Open source Share or cite Citation for Net Income · TARGA RESOURCES CORP. · 2018-12-31 TARGA RESOURCES CORP. (edgar:1389170) Net Income: 1600000 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: 1600000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459021006640/trgp-10k_20201231.htm#8929161 Filing: 000156459021006640 The citation records this snapshot. The page link may show a newer release later.	USD 1.14 billion Exact value Exact value: 1144000000 USD 2018-01-01 – 2018-12-31: 1144000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · TARGA RESOURCES CORP. · 2018-12-31 TARGA RESOURCES CORP. (edgar:1389170) Operating Cash Flow: 1144000000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1144000000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459021006640/trgp-10k_20201231.htm#6857023 Filing: 000156459021006640 The citation records this snapshot. The page link may show a newer release later.	USD 3.11 billion Exact value Exact value: 3114800000 USD 2018-01-01 – 2018-12-31: 3114800000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · TARGA RESOURCES CORP. · 2018-12-31 TARGA RESOURCES CORP. (edgar:1389170) Capital Expenditure: 3114800000 USD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 3114800000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459021006640/trgp-10k_20201231.htm#6868003 Filing: 000156459021006640 The citation records this snapshot. The page link may show a newer release later.	−USD 1.97 billion Calculation and evidence 1144000000 − 3114800000 USD Exact free cash flow: -1970800000 USD 2018-01-01 – 2018-12-31: 1144000000 USD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 3114800000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · TARGA RESOURCES CORP. · 2018-12-31 TARGA RESOURCES CORP. (edgar:1389170) Free cash flow: -1970800000 USD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 1144000000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459021006640/trgp-10k_20201231.htm#6857023 Filing: 000156459021006640 Input fundies:CapitalExpenditure: 3114800000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459021006640/trgp-10k_20201231.htm#6868003 Filing: 000156459021006640 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	−USD 209.2 million Exact value Exact value: -209200000 USD 2019-01-01 – 2019-12-31: -209200000 USD Inspect Net Income Open source Share or cite Citation for Net Income · TARGA RESOURCES CORP. · 2019-12-31 TARGA RESOURCES CORP. (edgar:1389170) Net Income: -209200000 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: -209200000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459022006563/trgp-10k_20211231.htm#7489584 Filing: 000156459022006563 The citation records this snapshot. The page link may show a newer release later.	USD 1.39 billion Exact value Exact value: 1389800000 USD 2019-01-01 – 2019-12-31: 1389800000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · TARGA RESOURCES CORP. · 2019-12-31 TARGA RESOURCES CORP. (edgar:1389170) Operating Cash Flow: 1389800000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1389800000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459022006563/trgp-10k_20211231.htm#5612961 Filing: 000156459022006563 The citation records this snapshot. The page link may show a newer release later.	USD 2.88 billion Exact value Exact value: 2877800000 USD 2019-01-01 – 2019-12-31: 2877800000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · TARGA RESOURCES CORP. · 2019-12-31 TARGA RESOURCES CORP. (edgar:1389170) Capital Expenditure: 2877800000 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 2877800000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459022006563/trgp-10k_20211231.htm#5624344 Filing: 000156459022006563 The citation records this snapshot. The page link may show a newer release later.	−USD 1.49 billion Calculation and evidence 1389800000 − 2877800000 USD Exact free cash flow: -1488000000 USD 2019-01-01 – 2019-12-31: 1389800000 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 2877800000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · TARGA RESOURCES CORP. · 2019-12-31 TARGA RESOURCES CORP. (edgar:1389170) Free cash flow: -1488000000 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 1389800000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459022006563/trgp-10k_20211231.htm#5612961 Filing: 000156459022006563 Input fundies:CapitalExpenditure: 2877800000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000156459022006563/trgp-10k_20211231.htm#5624344 Filing: 000156459022006563 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	−USD 1.55 billion Exact value Exact value: -1553900000 USD 2020-01-01 – 2020-12-31: -1553900000 USD Inspect Net Income Open source Share or cite Citation for Net Income · TARGA RESOURCES CORP. · 2020-12-31 TARGA RESOURCES CORP. (edgar:1389170) Net Income: -1553900000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: -1553900000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017023003797/trgp-20221231.htm#8258676 Filing: 000095017023003797 The citation records this snapshot. The page link may show a newer release later.	USD 1.74 billion Exact value Exact value: 1744500000 USD 2020-01-01 – 2020-12-31: 1744500000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · TARGA RESOURCES CORP. · 2020-12-31 TARGA RESOURCES CORP. (edgar:1389170) Operating Cash Flow: 1744500000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 1744500000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017023003797/trgp-20221231.htm#6092757 Filing: 000095017023003797 The citation records this snapshot. The page link may show a newer release later.	USD 951.6 million Exact value Exact value: 951600000 USD 2020-01-01 – 2020-12-31: 951600000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · TARGA RESOURCES CORP. · 2020-12-31 TARGA RESOURCES CORP. (edgar:1389170) Capital Expenditure: 951600000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 951600000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017023003797/trgp-20221231.htm#6103954 Filing: 000095017023003797 The citation records this snapshot. The page link may show a newer release later.	USD 792.9 million Calculation and evidence 1744500000 − 951600000 USD Exact free cash flow: 792900000 USD 2020-01-01 – 2020-12-31: 1744500000 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 951600000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · TARGA RESOURCES CORP. · 2020-12-31 TARGA RESOURCES CORP. (edgar:1389170) Free cash flow: 792900000 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 1744500000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017023003797/trgp-20221231.htm#6092757 Filing: 000095017023003797 Input fundies:CapitalExpenditure: 951600000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017023003797/trgp-20221231.htm#6103954 Filing: 000095017023003797 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	USD 71.2 million Exact value Exact value: 71200000 USD 2021-01-01 – 2021-12-31: 71200000 USD Inspect Net Income Open source Share or cite Citation for Net Income · TARGA RESOURCES CORP. · 2021-12-31 TARGA RESOURCES CORP. (edgar:1389170) Net Income: 71200000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: 71200000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017024015841/trgp-20231231.htm#5265362 Filing: 000095017024015841 The citation records this snapshot. The page link may show a newer release later.	USD 2.3 billion Exact value Exact value: 2302900000 USD 2021-01-01 – 2021-12-31: 2302900000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · TARGA RESOURCES CORP. · 2021-12-31 TARGA RESOURCES CORP. (edgar:1389170) Operating Cash Flow: 2302900000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 2302900000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017024015841/trgp-20231231.htm#3939895 Filing: 000095017024015841 The citation records this snapshot. The page link may show a newer release later.	USD 505.1 million Exact value Exact value: 505100000 USD 2021-01-01 – 2021-12-31: 505100000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · TARGA RESOURCES CORP. · 2021-12-31 TARGA RESOURCES CORP. (edgar:1389170) Capital Expenditure: 505100000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 505100000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017024015841/trgp-20231231.htm#3946709 Filing: 000095017024015841 The citation records this snapshot. The page link may show a newer release later.	USD 1.8 billion Calculation and evidence 2302900000 − 505100000 USD Exact free cash flow: 1797800000 USD 2021-01-01 – 2021-12-31: 2302900000 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 505100000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · TARGA RESOURCES CORP. · 2021-12-31 TARGA RESOURCES CORP. (edgar:1389170) Free cash flow: 1797800000 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 2302900000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017024015841/trgp-20231231.htm#3939895 Filing: 000095017024015841 Input fundies:CapitalExpenditure: 505100000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017024015841/trgp-20231231.htm#3946709 Filing: 000095017024015841 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	USD 1.2 billion Exact value Exact value: 1195500000 USD 2022-01-01 – 2022-12-31: 1195500000 USD Inspect Net Income Open source Share or cite Citation for Net Income · TARGA RESOURCES CORP. · 2022-12-31 TARGA RESOURCES CORP. (edgar:1389170) Net Income: 1195500000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: 1195500000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017025023983/trgp-20241231.htm#6225853 Filing: 000095017025023983 The citation records this snapshot. The page link may show a newer release later.	USD 2.38 billion Exact value Exact value: 2380800000 USD 2022-01-01 – 2022-12-31: 2380800000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · TARGA RESOURCES CORP. · 2022-12-31 TARGA RESOURCES CORP. (edgar:1389170) Operating Cash Flow: 2380800000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 2380800000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017025023983/trgp-20241231.htm#4028940 Filing: 000095017025023983 The citation records this snapshot. The page link may show a newer release later.	USD 1.33 billion Exact value Exact value: 1334300000 USD 2022-01-01 – 2022-12-31: 1334300000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · TARGA RESOURCES CORP. · 2022-12-31 TARGA RESOURCES CORP. (edgar:1389170) Capital Expenditure: 1334300000 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 1334300000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017025023983/trgp-20241231.htm#4038083 Filing: 000095017025023983 The citation records this snapshot. The page link may show a newer release later.	USD 1.05 billion Calculation and evidence 2380800000 − 1334300000 USD Exact free cash flow: 1046500000 USD 2022-01-01 – 2022-12-31: 2380800000 USD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 1334300000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · TARGA RESOURCES CORP. · 2022-12-31 TARGA RESOURCES CORP. (edgar:1389170) Free cash flow: 1046500000 USD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 2380800000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017025023983/trgp-20241231.htm#4028940 Filing: 000095017025023983 Input fundies:CapitalExpenditure: 1334300000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000095017025023983/trgp-20241231.htm#4038083 Filing: 000095017025023983 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	USD 1.35 billion Exact value Exact value: 1345900000 USD 2023-01-01 – 2023-12-31: 1345900000 USD Inspect Net Income Open source Share or cite Citation for Net Income · TARGA RESOURCES CORP. · 2023-12-31 TARGA RESOURCES CORP. (edgar:1389170) Net Income: 1345900000 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: 1345900000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#5998884 Filing: 000119312526059296 The citation records this snapshot. The page link may show a newer release later.	USD 3.21 billion Exact value Exact value: 3211600000 USD 2023-01-01 – 2023-12-31: 3211600000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · TARGA RESOURCES CORP. · 2023-12-31 TARGA RESOURCES CORP. (edgar:1389170) Operating Cash Flow: 3211600000 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 3211600000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3988426 Filing: 000119312526059296 The citation records this snapshot. The page link may show a newer release later.	USD 2.39 billion Exact value Exact value: 2385400000 USD 2023-01-01 – 2023-12-31: 2385400000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · TARGA RESOURCES CORP. · 2023-12-31 TARGA RESOURCES CORP. (edgar:1389170) Capital Expenditure: 2385400000 USD Concept: fundies:CapitalExpenditure Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ACapitalExpenditure&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 2385400000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3997661 Filing: 000119312526059296 The citation records this snapshot. The page link may show a newer release later.	USD 826.2 million Calculation and evidence 3211600000 − 2385400000 USD Exact free cash flow: 826200000 USD 2023-01-01 – 2023-12-31: 3211600000 USD · Inspect Operating Cash Flow · Source 2023-01-01 – 2023-12-31: 2385400000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · TARGA RESOURCES CORP. · 2023-12-31 TARGA RESOURCES CORP. (edgar:1389170) Free cash flow: 826200000 USD Concept: free-cash-flow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 3211600000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3988426 Filing: 000119312526059296 Input fundies:CapitalExpenditure: 2385400000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3997661 Filing: 000119312526059296 The citation records this snapshot. The page link may show a newer release later.
2024 2024-01-01 – 2024-12-31	USD 1.31 billion Exact value Exact value: 1312000000 USD 2024-01-01 – 2024-12-31: 1312000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · TARGA RESOURCES CORP. · 2024-12-31 TARGA RESOURCES CORP. (edgar:1389170) Net Income: 1312000000 USD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:NetIncome: 1312000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#5997239 Filing: 000119312526059296 The citation records this snapshot. The page link may show a newer release later.	USD 3.65 billion Exact value Exact value: 3649700000 USD 2024-01-01 – 2024-12-31: 3649700000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · TARGA RESOURCES CORP. · 2024-12-31 TARGA RESOURCES CORP. (edgar:1389170) Operating Cash Flow: 3649700000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 3649700000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3986675 Filing: 000119312526059296 The citation records this snapshot. The page link may show a newer release later.	USD 2.97 billion Exact value Exact value: 2965800000 USD 2024-01-01 – 2024-12-31: 2965800000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · TARGA RESOURCES CORP. · 2024-12-31 TARGA RESOURCES CORP. (edgar:1389170) Capital Expenditure: 2965800000 USD Concept: fundies:CapitalExpenditure Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ACapitalExpenditure&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 2965800000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3995893 Filing: 000119312526059296 The citation records this snapshot. The page link may show a newer release later.	USD 683.9 million Calculation and evidence 3649700000 − 2965800000 USD Exact free cash flow: 683900000 USD 2024-01-01 – 2024-12-31: 3649700000 USD · Inspect Operating Cash Flow · Source 2024-01-01 – 2024-12-31: 2965800000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · TARGA RESOURCES CORP. · 2024-12-31 TARGA RESOURCES CORP. (edgar:1389170) Free cash flow: 683900000 USD Concept: free-cash-flow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 3649700000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3986675 Filing: 000119312526059296 Input fundies:CapitalExpenditure: 2965800000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3995893 Filing: 000119312526059296 The citation records this snapshot. The page link may show a newer release later.
2025 2025-01-01 – 2025-12-31	USD 1.92 billion Exact value Exact value: 1923000000 USD 2025-01-01 – 2025-12-31: 1923000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · TARGA RESOURCES CORP. · 2025-12-31 TARGA RESOURCES CORP. (edgar:1389170) Net Income: 1923000000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:NetIncome: 1923000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#5995594 Filing: 000119312526059296 The citation records this snapshot. The page link may show a newer release later.	USD 3.92 billion Exact value Exact value: 3917400000 USD 2025-01-01 – 2025-12-31: 3917400000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · TARGA RESOURCES CORP. · 2025-12-31 TARGA RESOURCES CORP. (edgar:1389170) Operating Cash Flow: 3917400000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 3917400000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3984924 Filing: 000119312526059296 The citation records this snapshot. The page link may show a newer release later.	USD 3.33 billion Exact value Exact value: 3333300000 USD 2025-01-01 – 2025-12-31: 3333300000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · TARGA RESOURCES CORP. · 2025-12-31 TARGA RESOURCES CORP. (edgar:1389170) Capital Expenditure: 3333300000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170/explain?concept=fundies%3ACapitalExpenditure&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 3333300000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3994125 Filing: 000119312526059296 The citation records this snapshot. The page link may show a newer release later.	USD 584.1 million Calculation and evidence 3917400000 − 3333300000 USD Exact free cash flow: 584100000 USD 2025-01-01 – 2025-12-31: 3917400000 USD · Inspect Operating Cash Flow · Source 2025-01-01 – 2025-12-31: 3333300000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · TARGA RESOURCES CORP. · 2025-12-31 TARGA RESOURCES CORP. (edgar:1389170) Free cash flow: 584100000 USD Concept: free-cash-flow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T21:35:40Z Snapshot: 7a07c878ee02e65922acb0e383a16c489d3896b4f17d5434cc56a8011b45369f Dimensions: Consolidated View: https://fundies.io/companies/edgar/1389170?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 3917400000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3984924 Filing: 000119312526059296 Input fundies:CapitalExpenditure: 3333300000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1389170/000119312526059296/trgp-20251231.htm#3994125 Filing: 000119312526059296 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

113 filings · 12,188 latest values · 12,188 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001389170, 1389170, TRGP, edgar:1389170

Also known as TARGA RESOURCES CORP., Targa Resources Corp., Targa Resources Corp. , Targa Resources Investments Inc.

TARGA RESOURCES CORP.

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Reported share-count change

Trailing twelve months

Revenue

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation