Energy -
Oil & Gas Midstream - NYSE - US
$ 215.72
1.3 %
$ 47 B
Market Cap
38.94
P/E
INCOME STATEMENT
EFFICIENCY
Earnings Waterfall
Targa Resources Corp.
| Revenue | 16.1 B |
| Cost Of Revenue | 12 B |
| Gross Profit | 4.05 B |
| Operating Expenses | 1.43 B |
| Operating Income | 2.63 B |
| Other Expenses | 1.05 B |
| Net Income | 1.58 B |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||||||
| Revenue | 16 060.3 | 20 929.8 | 16 949.8 | 8 260.3 | 8 671.1 | 10 484.0 | 8 814.9 | 6 690.9 | 6 658.6 | 8 616.5 | 6 556.0 | 5 885.7 | 6 994.5 | 5 469.2 | 4 536.0 | 7 998.9 |
| GROSS PROFIT | ||||||||||||||||
| Cost Of Revenue | 12 006.0 | 17 978.1 | 14 600.1 | 5 970.2 | 7 090.1 | 9 054.1 | 7 715.6 | 5 680.6 | 5 550.1 | 7 397.9 | 5 650.4 | 5 076.6 | 6 039.0 | 4 687.7 | 3 791.1 | 7 218.5 |
| Gross Profit | 4 054.3 | 2 951.7 | 2 349.7 | 2 290.1 | 1 581.0 | 1 429.9 | 1 099.3 | 1 010.3 | 1 108.5 | 1 218.6 | 905.6 | 809.1 | 955.5 | 781.5 | 744.9 | 780.4 |
| OPERATING INCOME | ||||||||||||||||
| Operating Expenses | 1 428.1 | 1 222.5 | 1 020.3 | 1 037.0 | 1 144.9 | 982.5 | 827.8 | 747.5 | 659.2 | 578.1 | 537.4 | 472.8 | 604.4 | 585.4 | 527.7 | 545.9 |
| Selling, General and Administrative Expenses | 348.7 | 309.7 | 273.2 | 254.6 | 280.7 | 256.9 | 203.4 | 187.2 | 161.7 | 148.0 | 151.5 | 139.8 | 136.1 | 144.4 | 120.4 | 96.4 |
| Research and Development Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 2 626.2 | 1 729.0 | 1 289.5 | 3 809.6 | 618.7 | 237.5 | (122.4) | 55.8 | 159.3 | 640.5 | 368.2 | 336.3 | 351.1 | 196.1 | 217.2 | 234.5 |
| PRE-TAX INCOME | ||||||||||||||||
| Interest Income Expense | 687.8 | 446.1 | 387.9 | 391.3 | 337.8 | 185.8 | 233.7 | 254.2 | 231.9 | 147.1 | 134.1 | 120.8 | 111.7 | 110.9 | 132.1 | 141.2 |
| Total Other Income | (683.7) | (65.8) | (427.9) | (269.4) | (239.6) | (171.6) | (170.5) | (315.5) | (271.1) | (149.5) | (118.7) | (140.1) | (109.1) | (110.3) | (117.4) | (80.8) |
| Pre-Tax Income | 1 942.5 | 1 663.2 | 436.9 | (1 573.1) | (46.7) | 65.9 | (292.9) | (259.7) | (111.8) | 491.0 | 249.5 | 196.2 | 242.0 | 85.8 | 99.8 | 153.7 |
| NET INCOME | ||||||||||||||||
| Tax Provision | 363.2 | 131.8 | 14.8 | (248.1) | (87.9) | 5.5 | (397.1) | (100.6) | 39.6 | 68.0 | 48.2 | 36.9 | 26.6 | 22.5 | 20.7 | 19.3 |
| Net Income | 1 345.9 | 896.8 | 422.1 | (1 325.0) | 41.2 | 1.6 | 54.0 | (187.3) | 58.3 | 102.3 | 65.1 | 38.1 | 30.7 | (15.0) | 29.3 | 37.3 |
| EPS | 3.69 | 3.95 | 1.85 | 5.71 | 0.18 | 0.0071 | 0.31 | 1.01 | 1.09 | 2.44 | 1.56 | 0.93 | 0.75 | 2.31 | 0.75 | 8.67 |