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Targa Resources TRGP Other income, net

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Other financials

Income statement

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Revenue$4.4B+4.2%
Gross profit$2.1B+17.2%
Operating income$1.2B+19.4%
Net income$764.6M+21.5%
EPS (diluted)$3.54+23.3%

Balance sheet

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Cash & equivalents$132.3M+17.0%
Total debt$19.8B+6,407%
Total equity$3.7B+41.3%
Total assets$28.5B+21.3%

Cash flow

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Operating cash flow$1.4B+67.9%
CapEx$1.0B+11.5%
Free cash flow$431.2M

Valuation

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Market cap$57.57B+62.8%
Enterprise value$77.26B+117%
P/E25.4×+3.8×
P/S3.4×+1.4×

Profitability

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Gross margin43.2%+7.5pp
Operating margin22.9%+5.3pp
Net margin13.5%+4.0pp
FCF margin4.8%-3.1pp

Returns & leverage

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Return on equity72.6%+7.8pp
Debt / equity5.4×+5.3×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by Targa Resources in its filing.

Tagged under the XBRL concept us-gaap:OtherOperatingIncomeExpenseNet.

The source filing: Targa Resources’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 2:56 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-337729
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Operating expenses354.1323.6687.8627.2
Depreciation and amortization expense453.1373.7879.1741.3
General and administrative expense108.195.0215.9189.5
Other operating (income) expense(11.7)(1.8)(25.9)(7.1)
Income (loss) from operations1,234.51,033.62,081.41,576.9
Other income (expense):
Interest expense, net(236.6)(218.4)(464.2)(415.5)
Equity earnings (loss)7.85.116.410.6

Item 1. Financial Statements.

FAQ

What is Targa Resources's other income, net?
Targa Resources (TRGP) reported other income, net of $11.7M in Q2 2026.
How has Targa Resources's other income, net changed year-over-year?
Targa Resources's other income, net increased by 550.0% year-over-year, from $1.8M to $11.7M.
What is the long-term trend for Targa Resources's other income, net?
Over 2 years (2021 to 2025), Targa Resources's other income, net has grown at a 57.0% compound annual growth rate (CAGR), from -$12.3M to $30.3M.
What does other income, net mean?
Other income, net

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