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Targa Resources Corp.

Financial highlights

MetricFY December 31, 2025FY December 31, 2024FY December 31, 2023FY December 31, 2022FY December 31, 2021
Revenue$17.0B$16.4B$16.1B$20.9B$16.9B
Operating income$3.3B$2.7B$2.6B$1.7B$864.8M
Cost of revenue$10.5B$10.7B$10.7B$16.9B$13.7B
Cash from operations$3.9B$3.6B$3.2B$2.4B$2.3B
Capital expenditure$3.3B$3.0B$2.4B$1.3B$505.1M
Free cash flow$584.1M$683.9M$826.2M$1.0B$1.8B
Share repurchases$641.8M$754.7M$373.7M$224.8M$53.2M
Impairments$452.3M
Total assets$25.2B$22.7B$20.7B$19.6B$15.2B
Total debt$16.5B$13.6B$12.2B$10.6B$6.5B

Shares outstanding 214.6M · Free float 12.5%

Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.

Recent filings

  • July 6, 2026 8-K
  • May 22, 2026 8-K
  • May 7, 2026 10-Q
  • May 7, 2026 8-K
  • March 2, 2026 8-K
  • February 26, 2026 8-K
  • February 19, 2026 10-K
  • February 19, 2026 8-K