TRGP — Targa Resources Income Statement

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Annual income statement for Targa Resources, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2021 December 31st	2022 December 31st	2023 December 31st	2024 December 31st	2025 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	16,950	20,930	16,060	16,382	17,028
Cost of Revenue
Gross Profit	3,220	4,048	5,384	5,679	6,521
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	16,102	18,815	13,436	13,687	13,697
Operating Profit	848	2,115	2,624	2,695	3,331
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	437	1,663	1,943	1,938	2,486
Provision for Income Taxes
Net Income After Taxes	422	1,531	1,579	1,554	1,957
Minority Interest
Net Income Before Extraordinary Items
Net Income	71.2	1,196	1,346	1,312	1,923
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	-16.1	897	828	1,270	1,841
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	2.63	2.44	3.7	5.77	8.61
Dividends per Share