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Targa Resources TRGP Total costs & expenses

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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$55.83B+57.8%
Enterprise value$75.51B+112%
P/E24.6×+3.0×
P/S3.3×+1.3×

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:OperatingCostsAndExpenses.

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

Filed
Aug 6, 2026, 2:56 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-337729

FAQ

What is Targa Resources's total costs & expenses?
Targa Resources (TRGP) reported total costs & expenses of $354.1M in Q2 2026.
How has Targa Resources's total costs & expenses changed year-over-year?
Targa Resources's total costs & expenses increased by 9.4% year-over-year, from $323.6M to $354.1M.
What is the long-term trend for Targa Resources's total costs & expenses?
Over 4 years (2021 to 2025), Targa Resources's total costs & expenses has grown at a 14.8% compound annual growth rate (CAGR), from $747M to $1.3B.
What does total costs & expenses mean?
This metric represents the aggregate sum of all operating and non-operating costs incurred by the company to generate revenue, including cost of goods sold, operating expenses, depreciation, and administrative overhead. It serves as a comprehensive measure of the firm's total expenditure required to maintain its midstream infrastructure and operational activities. Monitoring this figure allows investors to assess the company's overall cost structure and its ability to manage inflationary pressures or operational inefficiencies.

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