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Targa Resources revenue
Targa Resources's revenue is $16.4 billion.
What is Targa Resources's revenue?
- Targa Resources's revenue growth from 2009 to 2024 is 260.64%.
- Targa Resources has 2,372 employees, and the revenue per employee ratio is $6,906,197.
- Targa Resources's peak quarterly revenue was $6.1B in 2022(q2).
- Targa Resources peak revenue was $20.9B in 2022.
- Targa Resources annual revenue for 2023 was 16.1B, -23.27% growth from 2022.
- Targa Resources annual revenue for 2024 was 16.4B, 2.0% growth from 2023.
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Targa Resources historical revenue
Targa Resources's peak revenue was $20.9B in 2022. The peak quarterly revenue was $6.1B in 2022(q2).
Targa Resources's revenue increased from $4.5b in 2009 to $16.4B currently. That's a 260.64% change in annual revenue.
Targa Resources annual revenue
Targa Resources annual revenue over time
| Fiscal year / year | Targa Resources revenue |
|---|---|
| 2009 | $4.5B |
| 2010 | $5.5B |
| 2011 | $7.0B |
| 2012 | $5.7B |
| 2013 | $6.3B |
| 2014 | $8.6B |
| 2015 | $6.7B |
| 2016 | $6.7B |
| 2017 | $8.8B |
| 2018 | $10.5B |
| 2019 | $8.7B |
| 2020 | $8.3B |
| 2021 | $16.9B |
| 2022 | $20.9B |
| 2023 | $16.1B |
| 2024 | $16.4B |
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Targa Resources annual growth
Targa Resources saw the greatest revenue growth in 2021, when revenue increased by 105.2%.
Targa Resources had the lowest revenue growth in 2015, when revenue changed by -22.72%.
Targa Resources annual growth rate over time
| Year | Targa Resources growth |
|---|---|
| 2010 | 21%↑ |
| 2011 | 28%↑ |
| 2012 | -19%↓ |
| 2013 | 11%↑ |
| 2014 | 36%↑ |
| 2015 | -23%↓ |
| 2016 | 0%↑ |
| 2017 | 32%↑ |
| 2018 | 19%↑ |
| 2019 | -17%↓ |
| 2020 | -5%↓ |
| 2021 | 105%↑ |
| 2022 | 23%↑ |
| 2023 | -23%↓ |
| 2024 | 2%↑ |
Targa Resources quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Targa Resources quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2012 | - | $1.3B | $1.4B | $1.3B |
| 2013 | $1.4B | $1.4B | $1.5B | $2.1B |
| 2014 | $2.3B | $2.0B | $2.3B | $2.0B |
| 2015 | $1.7B | $1.7B | $1.6B | $1.6B |
| 2016 | $1.4B | $1.6B | $1.7B | $2.0B |
| 2017 | $2.1B | $1.9B | $2.1B | $2.7B |
| 2018 | $2.5B | $2.4B | $3.0B | $2.6B |
| 2019 | $2.3B | $2.0B | $1.9B | $2.5B |
| 2020 | $2.0B | $1.5B | $2.1B | $2.6B |
| 2021 | $3.6B | $3.4B | $4.5B | $5.4B |
| 2022 | $5.0B | $6.1B | $5.4B | $4.6B |
| 2023 | $4.5B | $3.4B | $3.9B | $4.2B |
| 2024 | $4.6B | $3.6B | $3.9B | $4.4B |
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Targa Resources financial information
| CEO | Matthew J. Meloy |
| Industry | Energy Equipment & Services |
| Company Type | Public |
| Employees Number | 2,372 |
| Date Founded | 2005 |
| Headquarters | Houston, Texas |
| Number of Locations | 1 |
| Revenue | $16.4B |
| Net Income | $1,195,500,000 |
| Gross Proft | $5.7B (2024) |
| EBITDA | $1.0B (2019) |
| PE Ratio | 7.67 |
| Tax Rate | 0.2% |
| Market Capitalization | $10.1B |
| Total Assets | $19,560,000,000 |
| Ticker | TRGP |
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Targa Resources financing
Targa Resources received early financing of $994.1M on 2016-03-29.
| Series | Round size | Date |
|---|---|---|
| Equity | $994M | 03/2016 |
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Zippia gives an in-depth look into the details of Targa Resources, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Targa Resources. The employee data is based on information from people who have self-reported their past or current employments at Targa Resources. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Targa Resources. The data presented on this page does not represent the view of Targa Resources and its employees or that of Zippia.
Targa Resources may also be known as or be related to Targa Resources, Targa Resources Corp, Targa Resources Corp. and Targa Resources Partners.