TTM
$16.4B
YoY change
+3.1%
5Y CAGR
+15.7%
Peak year (FY2022)
$21.7B
Cumulative revenue
$188B
Revenue history chart for Targa Resources (TRGP) from 2016 to 2025
Latest: $17.1B
Revenue growth chart for Targa Resources (TRGP) from 2016 to 2025
Latest: +3.1%
Revenue history table for Targa Resources (TRGP) from 2008 to 2025
| FY2025 | $17.1B | +3.1% | +$509M | ||
| FY2024 | $16.6B | +6.5% | +$1.01B | ||
| FY2023 | $15.6B | -28.0% | -$6.07B | ||
| FY2022 | $21.7B | +24.3% | +$4.24B | ||
| FY2021 | $17.4B | +110.8% | +$9.17B | ||
| FY2020 | $8.27B | -4.6% | -$399M | ||
| FY2019 | $8.67B | -17.8% | -$1.88B | ||
| FY2018 | $10.6B | +19.1% | +$1.69B | ||
| FY2017 | $8.86B | +33.4% | +$2.22B | ||
| FY2016 | $6.65B | +1.0% | +$67M | ||
| FY2015 | $6.58B | -23.7% | -$2.05B | ||
| FY2014 | $8.63B | +32.0% | +$2.09B | ||
| FY2013 | $6.54B | +11.9% | +$696M | ||
| FY2012 | $5.84B | -16.5% | -$1.16B | ||
| FY2011 | $6.99B | +28.1% | +$1.53B | ||
| FY2010 | $5.46B | +20.4% | +$925M | ||
| FY2009 | $4.54B | -43.3% | -$3.46B | ||
| FY2008 | $8B | — | — |
- FY2025$17.1B+3.1%
- FY2024$16.6B+6.5%
- FY2023$15.6B-28.0%
- FY2022$21.7B+24.3%
- FY2021$17.4B+110.8%
- FY2020$8.27B-4.6%
- FY2019$8.67B-17.8%
- FY2018$10.6B+19.1%
- FY2017$8.86B+33.4%
- FY2016$6.65B+1.0%
- FY2015$6.58B-23.7%
- FY2014$8.63B+32.0%
- FY2013$6.54B+11.9%
- FY2012$5.84B-16.5%
- FY2011$6.99B+28.1%
- FY2010$5.46B+20.4%
- FY2009$4.54B-43.3%
- FY2008$8B—
Revenue values are taken from Targa Resources's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Revenue at Targa Resources (TRGP)
According to Targa Resources's latest reported financial statements, the company's current revenue (TTM) is $16.4B. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Targa Resources (TRGP) reported revenue of $17.1B – edged up 3.1% year-over-year.
Across 2020–2025 (5 years), Targa Resources revenue produced a CAGR of +15.7% – sustaining 2 straight years of year-over-year growth.
Between 2022 and 2025, Targa Resources revenue declined 21.0%, falling from $21.7B to $17.1B.
The highest annual revenue of $21.7B was reported in 2022. The lowest in the available history was $4.54B in 2009.
Targa Resources Revenue by Year
Targa Resources Revenue 2025: $17.1B
In 2025, Targa Resources reported revenue of $17.1B, edged up 3.1% from 2024.
Targa Resources Revenue 2024: $16.6B
Targa Resources revenue in 2024 was $16.6B, grew 6.5% from 2023.
Targa Resources Revenue 2023: $15.6B
2023's revenue for Targa Resources came in at $15.6B, declined 28.0% below 2022.
Targa Resources Revenue 2022: $21.7B
Targa Resources posted revenue of $21.7B in 2022, grew 24.3% from 2021. This figure represents the highest annual value in the available history.
Targa Resources Revenue 2021: $17.4B
Targa Resources revenue in 2021 was $17.4B.
See more financial history for Targa Resources (TRGP).
Sector peers by Revenue
Energy peers of Targa Resources (TRGP), ranked by their latest revenue
| $184B | |
| $133B | |
| $132B | |
| $123B | |
| $58.7B | |
| $46.8B | |
| $22.6B | |
| $12B |
- $184B
- $132B
- $123B
- $58.7B
- $46.8B
- $22.6B
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