Skip to content

Targa Resources TRGP Product — Revenue Not From Contract With Customer

Similar metrics at other companies

Mcgrath Rentcorp logo
MGRCProduct — Revenue
$34.04M-12.6%
Chemung Financial logo
CHMGOther — Revenue Not from Contract with Customer
$637K+3.4%
Liquidity Services logo
LQDTProduct — Revenue
$77.85M0.0%
MasterCraft Boat Holdings, Inc. logo
MCFTOther Product — Revenue
$668K-18.6%
FuelCell Energy logo
FCELProduct — Revenue
$18.02M+38.3%
Falcon's Beyond Global logo
FBYDProduct — Revenue
$1.7M

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:RevenueNotFromContractWithCustomer.

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 product — revenue not from contract with customer.

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 product — revenue not from contract with customer?
Targa Resources (TRGP) reported product — revenue not from contract with customer of -$243.7M in Q1 2026.
How has Targa Resources's product — revenue not from contract with customer changed year-over-year?
Targa Resources's product — revenue not from contract with customer increased by 16.3% year-over-year, from -$291.3M to -$243.7M.
What is the long-term trend for Targa Resources's product — revenue not from contract with customer?
Over 2 years (2023 to 2025), Targa Resources's product — revenue not from contract with customer has grown at a -39.7% compound annual growth rate (CAGR), from $441.1M to -$160.3M.
What does product — revenue not from contract with customer mean?
This metric captures revenue streams within the product segment that fall outside the scope of standard customer contracts, such as gains or losses from derivative financial instruments or specific commodity hedging activities. It highlights the impact of financial risk management and non-contractual commodity price adjustments on the segment's reported financial results. Investors use this to isolate the performance of core operational contracts from the volatility of financial hedging and market-to-market adjustments.