The Tip Desk

Targa Resources Corp.

Financial highlights

Amounts in billions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$17.0$16.4$16.1$20.9$16.9
Operating income$3.3$2.7$2.6$1.7$0.9
Net income$1.9$1.3$1.3$1.2$0.1
Balance Sheet
Total debt$16.5$13.6$12.2$10.6$6.5
Cash Flow Statement
Free cash flow$0.6$0.7$0.8$1.0$1.8
Dividends$0.8$0.6$0.4$0.3$0.1
Share repurchases$0.6$0.8$0.4$0.2$0.1

Shares outstanding 214.4M · Free float 98.6%

Annual filing data through FY ended December 31, 2025; float as of October 11, 2026.

Earnings

Other Coverage