Quick Answer
Targa Resources Corp. reported Total Revenue of $17.03 billion for fiscal year 2025.
Targa Resources Corp. — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total Revenue | $17.03B +3.9% |
$16.38B +2.0% |
$16.06B -23.3% |
$20.93B +23.5% |
$16.95B +105.2% |
$8.26B -4.7% |
| Revenue (ASC 606) | — | — | — | — | — | — |
| Net Income | $1.92B +46.6% |
$1.31B -2.5% |
$1.35B +12.6% |
$1.20B +1579.1% |
$71.20M +104.6% |
-$1.55B -642.8% |
| Diluted EPS | $8.49 +47.9% |
$5.74 +56.8% |
$3.66 -5.7% |
$3.88 +5642.9% |
-$0.07 +99.0% |
-$7.26 -404.2% |
| Total Assets | $25.22B +10.9% |
$22.73B +10.0% |
$20.67B +5.7% |
$19.56B +28.6% |
$15.21B -4.2% |
$15.88B -15.6% |
| Cash and Equivalents | $166.10M +5.6% |
$157.30M +11.0% |
$141.70M -35.3% |
$219.00M +38.2% |
$158.50M -34.7% |
$242.80M -26.7% |
| Long-Term Debt | — | — | — | — | — | — |
| Stockholders Equity | $3.07B +18.3% |
$2.59B -5.4% |
$2.74B +2.8% |
$2.67B +32.5% |
$2.01B -24.2% |
$2.65B -46.1% |
| Operating Income | $3.33B +23.6% |
$2.70B +2.6% |
$2.63B +51.9% |
$1.73B +99.9% |
$864.80M +166.3% |
-$1.30B -775.8% |
| Shares Outstanding | 214.66M -1.4% |
217.76M -2.2% |
222.61M -1.5% |
226.04M -1.0% |
228.22M +0.1% |
228.06M -2.1% |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | September 30, 2025 | $4.15B | +7.8% | -2.6% |
| Revenue (ASC 606) | September 30, 2019 | $1.90B | -36.3% | -4.7% |
| Net Income | September 30, 2025 | $478.40M | +23.5% | -24.0% |
| Diluted EPS | September 30, 2025 | $2.20 | +25.7% | -23.3% |
| Total Assets | September 30, 2025 | $24.17B | +10.4% | +2.8% |
| Cash and Equivalents | September 30, 2025 | $124.10M | -2.4% | +9.7% |
| Long-Term Debt | September 30, 2019 | $7.28B | +28.2% | +9.7% |
| Stockholders Equity | September 30, 2025 | $2.71B | +5.2% | +4.6% |
| Operating Income | September 30, 2025 | $836.90M | +14.9% | -19.0% |
| Shares Outstanding | September 30, 2025 | 214.84M | -1.6% | -0.3% |
- Targa Resources Corp. reported Total Revenue of $17.03 billion for fiscal year 2025.
- Targa Resources Corp. showed an increase of +3.9% in Total Revenue compared to the prior fiscal year.
- Targa Resources Corp. reported Revenue (ASC 606) of $10.48 billion for fiscal year 2018.
- Targa Resources Corp. showed an increase of +18.9% in Revenue (ASC 606) compared to the prior fiscal year.
- Targa Resources Corp. reported Net Income of $1.92 billion for fiscal year 2025.
- Targa Resources Corp. showed an increase of +46.6% in Net Income compared to the prior fiscal year.
- Targa Resources Corp. reported Diluted EPS of $8.49 per share for fiscal year 2025.
- Targa Resources Corp. showed an increase of +47.9% in Diluted EPS compared to the prior fiscal year.
- Targa Resources Corp. reported Total Assets of $25.22 billion for fiscal year 2025.
- Targa Resources Corp. showed an increase of +10.9% in Total Assets compared to the prior fiscal year.
- Targa Resources Corp. reported Cash and Equivalents of $166.10 million for fiscal year 2025.
- Targa Resources Corp. showed an increase of +5.6% in Cash and Equivalents compared to the prior fiscal year.
- Targa Resources Corp. reported Long-Term Debt of $5.63 billion for fiscal year 2018.
- Targa Resources Corp. showed an increase of +19.8% in Long-Term Debt compared to the prior fiscal year.
- Targa Resources Corp. reported Stockholders Equity of $3.07 billion for fiscal year 2025.
- Targa Resources Corp. showed an increase of +18.3% in Stockholders Equity compared to the prior fiscal year.
- Targa Resources Corp. reported Operating Income of $3.33 billion for fiscal year 2025.
- Targa Resources Corp. showed an increase of +23.6% in Operating Income compared to the prior fiscal year.
- Targa Resources Corp. reported Shares Outstanding of 214.66 million shares for fiscal year 2025.
- Targa Resources Corp. showed a decrease of -1.4% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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