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10-K

Annual Report

TARGA RESOURCES CORP. TRGP

0001193125-26-059296

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Filed
Feb 19, 2026 12:00 AM ET
Period of report

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding FY 2025 · Feb 13, 2026 214.95M sh
Shares Diluted FY 2025 · Dec 31, 2025 216.9M sh
Shares Diluted FY 2025 · Dec 31, 2024 221.3M sh
Shares Diluted FY 2025 · Dec 31, 2023 226M sh
Capex FY 2025 · Dec 31, 2025 $3.33B
Capex FY 2025 · Dec 31, 2024 $2.97B
Capex FY 2025 · Dec 31, 2023 $2.39B
Operating Cash Flow FY 2025 · Dec 31, 2025 $3.92B
Operating Cash Flow FY 2025 · Dec 31, 2024 $3.65B
Operating Cash Flow FY 2025 · Dec 31, 2023 $3.21B
Cash And Equivalents FY 2025 · Dec 31, 2025 $166.1M
Cash And Equivalents FY 2025 · Dec 31, 2024 $157.3M
Stockholders Equity FY 2025 · Dec 31, 2025 $3.07B
Stockholders Equity FY 2025 · Dec 31, 2024 $2.59B
Current Liabilities FY 2025 · Dec 31, 2025 $3.55B
Current Liabilities FY 2025 · Dec 31, 2024 $3.17B
Current Assets FY 2025 · Dec 31, 2025 $2.36B
Current Assets FY 2025 · Dec 31, 2024 $2.3B
Total Assets FY 2025 · Dec 31, 2025 $25.22B
Total Assets FY 2025 · Dec 31, 2024 $22.73B
Total Assets FY 2025 · Dec 31, 2023 $20.67B
Eps Diluted FY 2025 · Dec 31, 2025 $8.49
Eps Diluted FY 2025 · Dec 31, 2024 $5.74
Eps Diluted FY 2025 · Dec 31, 2023 $3.66
Eps Basic FY 2025 · Dec 31, 2025 $8.52
Eps Basic FY 2025 · Dec 31, 2024 $5.77
Eps Basic FY 2025 · Dec 31, 2023 $3.69
Sga Expense FY 2025 · Dec 31, 2025 $406M
Sga Expense FY 2025 · Dec 31, 2024 $384.9M
Sga Expense FY 2025 · Dec 31, 2023 $348.7M
Net Income FY 2025 · Dec 31, 2025 $1.92B
Net Income FY 2025 · Dec 31, 2024 $1.31B
Net Income FY 2025 · Dec 31, 2023 $1.35B
Operating Income FY 2025 · Dec 31, 2025 $3.33B
Operating Income FY 2025 · Dec 31, 2024 $2.7B
Operating Income FY 2025 · Dec 31, 2023 $2.63B
Cost Of Revenue FY 2025 · Dec 31, 2025 $10.51B
Cost Of Revenue FY 2025 · Dec 31, 2024 $10.7B
Cost Of Revenue FY 2025 · Dec 31, 2023 $10.68B