Targa Financial Statements From 2010 to 2024

0LD9 Stock   195.03  9.27  4.54%   
Targa Resources financial statements provide useful quarterly and yearly information to potential Targa Resources Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Targa Resources financial statements helps investors assess Targa Resources' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Targa Resources' valuation are summarized below:
Gross Profit
B
Quarterly Earnings Growth
0.804
Profit Margin
0.0777
Revenue
16.2 B
Earnings Share
(0.65)
There are over seventy-seven available fundamental trend indicators for Targa Resources Corp, which can be analyzed over time and compared to other ratios. All traders should double-check Targa Resources' current fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction.

Targa Resources Total Revenue

10.28 Billion

Check Targa Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Targa Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 669.2 M, Interest Expense of 722.2 M or Selling General Administrative of 226.8 M, as well as many indicators such as . Targa financial statements analysis is a perfect complement when working with Targa Resources Valuation or Volatility modules.
  
This module can also supplement various Targa Resources Technical models . Check out the analysis of Targa Resources Correlation against competitors.
For more information on how to buy Targa Stock please use our How to Invest in Targa Resources guide.

Targa Resources Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets12.3 B20.7 B12.3 B
Slightly volatile
Short and Long Term Debt Total13.7 B13 B6.3 B
Slightly volatile
Other Current Liabilities401.1 M519.6 M368.7 M
Slightly volatile
Total Current Liabilities1.6 B2.8 B1.6 B
Slightly volatile
Total Stockholder Equity2.5 B2.7 B2.6 B
Slightly volatile
Property Plant And Equipment Net9.2 B15.8 B9.2 B
Slightly volatile
Net Debt13.5 B12.9 B6.2 B
Slightly volatile
Accounts Payable848.6 M1.6 B848.8 M
Slightly volatile
Cash142.5 M141.7 M170.1 M
Very volatile
Non Current Assets Total11 B18.5 B11 B
Slightly volatile
Cash And Short Term Investments142.5 M141.7 M170.1 M
Very volatile
Net Receivables850.6 M1.5 B823.4 M
Slightly volatile
Common Stock Shares Outstanding142.9 M226 M144.8 M
Slightly volatile
Liabilities And Stockholders Equity12.3 B20.7 B12.3 B
Slightly volatile
Non Current Liabilities Total15.4 B14.7 B6.8 B
Slightly volatile
Inventory390.1 M371.5 M192 M
Slightly volatile
Other Current Assets141.9 M210.4 M135.7 M
Slightly volatile
Total Liabilities16.9 B16.1 B8.2 B
Slightly volatile
Total Current Assets1.4 B2.2 B1.3 B
Slightly volatile
Short Term Debt416.3 M666.4 M366.2 M
Slightly volatile
Other Assets98.8 M141.3 M95.1 M
Pretty Stable
Intangible Assets1.7 B2.4 B1.5 B
Slightly volatile
Good Will38.6 M40.7 M218.4 M
Slightly volatile
Short Term Investments96.1 M111.9 M89.5 M
Pretty Stable
Common Stock207.8 K230 K162.5 K
Slightly volatile
Long Term Debt6.6 B8.5 B5.8 B
Slightly volatile
Capital Surpluse4.5 B4.4 B5.3 B
Slightly volatile
Property Plant Equipment13.5 B16.3 B11.6 B
Slightly volatile
Other Liabilities572.7 M702.4 M847.5 M
Slightly volatile

Targa Resources Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization669.2 M1.3 B670.7 M
Slightly volatile
Interest Expense722.2 M687.8 M302.2 M
Slightly volatile
Selling General Administrative226.8 M348.7 M211.6 M
Slightly volatile
Total Revenue10.3 B16.1 B10 B
Slightly volatile
Gross Profit4.3 B4.1 B1.8 B
Slightly volatile
Other Operating Expenses9.5 B13.4 B9.2 B
Slightly volatile
Cost Of Revenue8.6 B12 B8.4 B
Slightly volatile
Total Operating Expenses888.4 M1.4 B846.5 M
Slightly volatile
Selling And Marketing Expenses710.9 M1.1 B606.1 M
Slightly volatile
Interest Income289.3 M366.5 M281.3 M
Slightly volatile
Extraordinary Items215.6 M242.6 M264.1 M
Slightly volatile
Minority Interest2.4 B3.7 B1.7 B
Slightly volatile

Targa Resources Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation37.7 M62.4 M38.1 M
Slightly volatile
Begin Period Cash Flow147.7 M219 M166.2 M
Pretty Stable
Depreciation1.4 B1.3 B718 M
Slightly volatile
Capital Expenditures2.5 B2.4 B1.3 B
Slightly volatile
Total Cash From Operating Activities3.4 B3.2 B1.4 B
Slightly volatile
End Period Cash Flow143 M141.7 M158.5 M
Slightly volatile
Dividends Paid477.5 M427.3 M436.1 M
Slightly volatile
Change To Operating Activities19.4 M31.9 M25.1 M
Very volatile
Change To Netincome894.5 M458.7 M444.9 M
Slightly volatile

Targa Fundamental Market Drivers

Cash And Short Term Investments141.7 M

About Targa Resources Financial Statements

Targa Resources shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Targa Resources investors may analyze each financial statement separately, they are all interrelated. The changes in Targa Resources' assets and liabilities, for example, are also reflected in the revenues and expenses on on Targa Resources' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-23.9 M-22.7 M
Total Revenue16.1 B10.3 B
Cost Of Revenue12 B8.6 B

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Additional Tools for Targa Stock Analysis

When running Targa Resources' price analysis, check to measure Targa Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Targa Resources is operating at the current time. Most of Targa Resources' value examination focuses on studying past and present price action to predict the probability of Targa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Targa Resources' price. Additionally, you may evaluate how the addition of Targa Resources to your portfolios can decrease your overall portfolio volatility.