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Targa Resources Corp. (TRGP) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues19,820.716,093.16,874.17,397.99,350.97,800.86,690.96,658.6
            Revenue growth23.2%134.1%-7.1%-20.9%19.9%16.6%0.5%-22.7%
Cost of goods sold17,794.914,476.55,884.96,911.48,960.27,529.05,476.65,377.6
Gross profit2,025.81,616.6989.2486.5390.7271.81,214.31,281.0
            Gross margin10.2%10.0%14.4%6.6%4.2%3.5%18.1%19.2%
General and administrative309.7273.2254.6280.7256.9203.4187.2161.7
EBIT1,719.91,341.01,066.5379.2440.2272.6248.5517.0
            EBIT margin8.7%8.3%15.5%5.1%4.7%3.5%3.7%7.8%
Pre-tax income1,663.2436.9-1,573.1-46.765.9-292.9-259.7-111.8
Income taxes131.814.8-248.1-87.95.5-397.1-100.639.6
            Tax rate7.9%3.4%15.8%188.2%8.3%135.6%38.7% 
Net income896.8-16.1-1,684.8-334.0-119.3-63.4-278.158.3
            Net margin4.5%-0.1%-24.5%-4.5%-1.3%-0.8%-4.2%0.9%
 
Diluted EPS$3.88($0.07)($7.26)($1.44)($0.53)($0.31)($1.80)$1.09
Shares outstanding (diluted)231.1228.6232.2232.5224.2206.9154.453.6
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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