| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Total revenues | $2.62B+5.4% | $2.49B+18.7% | $2.10B+12.6% | $1.86B+38.3% | $1.35B+23.7% | $1.09B-14.7% | $1.28B+6.0% | $1.21B-100.0% | $1063.80T |
| Product purchases and fuel | $10.51B-1.8% | $10.70B+0.2% | $10.68B-36.8% | $16.88B+23.0% | $13.73B+164.7% | $5.19B-16.5% | $6.21B-24.6% | $8.24B-100.0% | $6906.10T |
| Operating expenses | $1.30B+10.4% | $1.18B+9.1% | $1.08B+18.1% | $912.8M+22.2% | $747.0M+7.0% | $698.4M-0.7% | $703.4M-2.6% | $722.0M-100.0% | $622.90T |
| Depreciation and amortization expense | $1.52B+6.5% | $1.42B+7.0% | $1.33B+21.3% | $1.10B+25.9% | $870.6M+0.6% | $865.1M-11.0% | $971.6M+19.1% | $815.9M-100.0% | $809.50T |
| General and administrative expense | $406.0M+5.5% | $384.9M+10.4% | $348.7M+12.6% | $309.7M+13.4% | $273.2M+7.3% | $254.6M-9.3% | $280.7M+9.3% | $256.9M-100.0% | $203.40T |
| Other operating (income) expense | -$30.3M-7475.0% | -$400K-126.7% | $1.5M+650.0% | $200K-98.4% | $12.4M-89.4% | $116.6M+30.7% | $89.2M+2448.6% | $3.5M-100.0% | $17.40T |
| Income (loss) from operations | $3.33B+23.6% | $2.70B+2.6% | $2.63B+51.9% | $1.73B+99.9% | $864.8M+166.3% | -$1.30B-775.8% | $192.9M-18.8% | $237.5M+100.0% | -$122.40T |
| Interest expense, net | -$852.8M-11.2% | -$767.2M-11.5% | -$687.8M-54.2% | -$446.1M-15.0% | -$387.9M+0.9% | -$391.3M-15.8% | -$337.8M-81.8% | -$185.8M+100.0% | -$233.70T |
| Equity earnings (loss) | $11.8M+25.5% | $9.4M+4.4% | $9.0M-1.1% | $9.1M+138.1% | -$23.9M-132.9% | $72.6M+86.2% | $39.0M+434.2% | $7.3M+100.0% | -$17.00T |
| Other, net | -$3.8M-1050.0% | $400K+108.2% | -$4.9M+67.5% | -$15.1M-3120.0% | $500K-86.5% | $3.7M | — | — | — |
| Income (loss) before income taxes | $2.49B+28.3% | $1.94B-0.2% | $1.94B+16.8% | $1.66B+280.7% | $436.9M+127.8% | -$1.57B-3268.5% | -$46.7M-170.9% | $65.9M+100.0% | -$292.90T |
| Income tax (expense) benefit | -$529.7M-37.8% | -$384.5M-5.9% | -$363.2M-175.6% | -$131.8M-790.5% | -$14.8M-106.0% | $248.1M+182.3% | $87.9M+1698.2% | -$5.5M-100.0% | $397.10T |
| Net income (loss) | $1.96B+26.0% | $1.55B-1.6% | $1.58B+3.1% | $1.53B+262.8% | $422.1M+131.9% | -$1.32B-3316.0% | $41.2M-31.8% | $60.4M-100.0% | $104.20T |
| Less: Net income (loss) attributable to noncontrolling interests | $33.7M-86.0% | $241.5M+3.5% | $233.4M-30.5% | $335.9M-4.3% | $350.9M+53.3% | $228.9M-8.6% | $250.4M+325.9% | $58.8M-100.0% | $50.20T |
| Net income (loss) attributable to Targa Resources Corp. | $1.92B+46.6% | $1.31B-2.5% | $1.35B+12.6% | $1.20B+1579.1% | $71.2M+104.6% | -$1.55B-642.8% | -$209.2M-13175.0% | $1.6M-100.0% | $54.00T |
| Premium on repurchase of noncontrolling interests, net of tax | $70.5M+114.3% | $32.9M-93.6% | $510.1M+858.8% | $53.2M | — | — | — | — | — |
| Net income (loss) attributable to common shareholders | $1.85B+44.8% | $1.28B+53.0% | $835.8M-6.8% | $896.8M+5670.2% | -$16.1M+99.0% | -$1.68B-404.4% | -$334.0M-180.0% | -$119.3M+100.0% | -$63.40T |
| Net income (loss) per common share - basic | $8520000.00+47.7% | $5770000.00+56.4% | $3690000.00-6.6% | $3950000.00+5742.9% | -$70000.00+99.0% | -$7260000.00-404.2% | -$1440000.00-171.7% | -$530000.00-71.0% | -$310000.00 |
| Net income (loss) per common share - diluted | $8490000.00+47.9% | $5740000.00+56.8% | $3660000.00-5.7% | $3880000.00+5642.9% | -$70000.00+99.0% | -$7260000.00-404.2% | -$1440000.00-171.7% | -$530000.00-71.0% | -$310000.00 |
| Weighted average shares outstanding - basic | 216.1M-1.9% | 220.2M-2.0% | 224.6M-1.2% | 227.3M-0.6% | 228.6M-1.6% | 232.2M-0.1% | 232.5M+3.7% | 224.2M+8.4% | 206.9M |
| Weighted average shares outstanding - diluted | 216.9M-2.0% | 221.3M-2.1% | 226.0M-2.2% | 231.1M+1.1% | 228.6M-1.6% | 232.2M-0.1% | 232.5M+3.7% | 224.2M+8.4% | 206.9M |
| Sales of Commodities [Member] | |||||||||
| Fees from Midstream Services [Member] | |||||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.