Skip to content

Targa Resources TRGP Equity Method Income

Equity Method Income at other companies

Oneok logo
OneokOKE
$89M-17.6%
Enterprise Products Partners logo
Enterprise Products PartnersEPD
$76M-19.1%
Energy Transfer logo
Energy TransferET
$110M+19.6%
Kinetik Holdings logo
Kinetik HoldingsKNTK
$51.19M-10.9%
MPLX logo
MPLXMPLX
$182M-2.2%
Kinder Morgan logo
Kinder MorganKMI

Other financials

Income statement

See full
Revenue$4.1B-10.2%
Gross profit$1.7B+30.4%
Operating income$846.9M+55.9%
Net income$479.6M+77.3%
EPS (diluted)$2.21+143%

Balance sheet

See full
Cash & equivalents$100.1M-33.9%
Total debt$346.5M+17.0%
Total equity$3.1B+27.9%
Total assets$27.1B+18.9%

Cash flow

See full
Operating cash flow$739.5M-22.5%
CapEx$899.5M+13.5%
Free cash flow-$160.0M-199%

Valuation

See full
Market cap$58.69B+58.5%
Enterprise value$58.94B+58.6%
P/E27.5×-0.8×
P/S3.5×+1.3×

Profitability

See full
Gross margin41.8%+7.3pp
Operating margin21.9%+6.1pp
Net margin12.9%+4.9pp
FCF margin4.8%-3.1pp

Returns & leverage

See full
Return on equity76.3%+25.6pp
Debt / equity0.1×0.0×
Current ratio0.7×+0.1×

Where this comes from

Reported directly by Targa Resources in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The official record: Targa Resources’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Targa Resources's equity method income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Targa Resources's equity method income?
Targa Resources (TRGP) reported equity method income of $8.6M in Q1 2026.
How has Targa Resources's equity method income changed year-over-year?
Targa Resources's equity method income increased by 56.4% year-over-year, from $5.5M to $8.6M.
What is the long-term trend for Targa Resources's equity method income?
Over 3 years (2021 to 2024), Targa Resources's equity method income has grown at a -26.7% compound annual growth rate (CAGR), from -$23.9M to $9.4M.
What does equity method income mean?
The company's proportional share of net income or loss from unconsolidated affiliates and joint ventures accounted for under the equity method.