TRGP Q4 2024 Earnings — Targa Resources Corp. Revenue & Financial Results | Market Cap Arena

TRGPTarga Resources Corp.

$51B

Q4 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$4.4B+4.1% YoY

Gross Profit

$1.1B25.1% margin

Operating Income

$701M15.9% margin

Net Income

$351M8.0% margin

EPS (Diluted)

$1.45

QoQ Revenue Growth

+13.4%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$601M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$22.7B

Total Liabilities

$18.3B

Stockholders' Equity

$2.6B

Cash & Equivalents

$157M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.4B	$4.2B	+4.1%
Gross Profit	$1.1B	$722M	+52.9%
Operating Income	$701M	$627M	+11.7%
Net Income	$351M	$278M	+26.4%

Revenue Segments

Logistics And Transportation

$3.9B67%

Gathering And Processing

$1.9B33%

Geographic Segments

Logistics And Transportation

$3.9B67%

Gathering And Processing

$1.9B33%