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Targa Resources TRGP Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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OneokOKE
$90M-88.1%
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$328.19M-8.0%
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$2.39B+68.2%
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Tamboran ResourcesTBN
$151.02M+76.7%
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EQT CorporationEQT

Other financials

Income statement

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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

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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

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

Valuation

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Market cap$57.55B+45.7%
Enterprise value$57.8B+45.6%
P/E27×+2.9×
P/S3.5×+1.2×

Profitability

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

Returns & leverage

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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:MinorityInterest.

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

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Questions, answered.

What is Targa Resources's noncontrolling interests in subsidiaries?
Targa Resources (TRGP) reported noncontrolling interests in subsidiaries of $132.5M in Q1 2026.
How has Targa Resources's noncontrolling interests in subsidiaries changed year-over-year?
Targa Resources's noncontrolling interests in subsidiaries increased by 9.3% year-over-year, from $121.2M to $132.5M.
What is the long-term trend for Targa Resources's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Targa Resources's noncontrolling interests in subsidiaries has grown at a -47.4% compound annual growth rate (CAGR), from $3.25B to $130.3M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.