Latest period
215M
YoY change
-2.8%
5Y CAGR
-1.5%
Peak year (FY2019)
233M
Latest annual
215M
Shares Outstanding history chart for Targa Resources (TRGP) from 2016 to 2025
Latest: 215M
Shares Outstanding growth chart for Targa Resources (TRGP) from 2016 to 2025
Latest: -2.8%
Shares Outstanding history table for Targa Resources (TRGP) from 2008 to 2025
| FY2025 | 215M | -2.8% | -6.3M | ||
| FY2024 | 221M | -2.1% | -4.7M | ||
| FY2023 | 226M | -2.2% | -5.1M | ||
| FY2022 | 231M | +1.1% | +2.5M | ||
| FY2021 | 229M | -1.6% | -3.6M | ||
| FY2020 | 232M | -0.1% | -300K | ||
| FY2019 | 233M | +3.7% | +8.3M | ||
| FY2018 | 224M | +8.4% | +17.3M | ||
| FY2017 | 207M | +12.0% | +22.2M | ||
| FY2016 | 185M | +244.6% | +131M | ||
| FY2015 | 53.6M | +27.3% | +11.5M | ||
| FY2014 | 42.1M | 0.0% | 0 | ||
| FY2013 | 42.1M | +0.7% | +300K | ||
| FY2012 | 41.8M | +1.0% | +400K | ||
| FY2011 | 41.4M | -0.9% | -396K | ||
| FY2010 | 41.8M | -1.2% | -504K | ||
| FY2009 | 42.3M | 0.0% | 0 | ||
| FY2008 | 42.3M | — | — |
- FY2025215M-2.8%
- FY2024221M-2.1%
- FY2023226M-2.2%
- FY2022231M+1.1%
- FY2021229M-1.6%
- FY2020232M-0.1%
- FY2019233M+3.7%
- FY2018224M+8.4%
- FY2017207M+12.0%
- FY2016185M+244.6%
- FY201553.6M+27.3%
- FY201442.1M0.0%
- FY201342.1M+0.7%
- FY201241.8M+1.0%
- FY201141.4M-0.9%
- FY201041.8M-1.2%
- FY200942.3M0.0%
- FY200842.3M—
Shares Outstanding 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 Shares Outstanding at Targa Resources (TRGP)
According to Targa Resources's latest reported financial statements, the company's latest reported diluted shares outstanding is 215M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Targa Resources (TRGP) most recent annual diluted shares outstanding stands at 215M (2025) – edged down 2.8% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Targa Resources diluted shares outstanding compounded at -1.5% per year, with a net decline across the window.
Between 2019 and 2025, Targa Resources diluted shares outstanding declined 7.5%, falling from 233M to 215M.
233M stands as the all-time-high annual diluted shares outstanding, posted in 2019, against a low of 41.4M during 2011.
Targa Resources Shares Outstanding by Year
Targa Resources Shares Outstanding 2025: 215M
Targa Resources posted diluted shares outstanding of 215M in 2025, edged down 2.8% below 2024.
Targa Resources Shares Outstanding 2024: 221M
In 2024, Targa Resources reported diluted shares outstanding of 221M, edged down 2.1% below 2023.
Targa Resources Shares Outstanding 2023: 226M
Targa Resources diluted shares outstanding in 2023 was 226M, edged down 2.2% below 2022.
Targa Resources Shares Outstanding 2022: 231M
2022's diluted shares outstanding for Targa Resources came in at 231M, edged up 1.1% from 2021.
Targa Resources Shares Outstanding 2021: 229M
Targa Resources diluted shares outstanding in 2021 was 229M.
See more financial history for Targa Resources (TRGP).
Sector peers by Shares Outstanding
Energy peers of Targa Resources (TRGP), ranked by their latest diluted shares outstanding
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Targa Resources (TRGP) Key Financials
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Deep-dives across the income statement, cash flow, capital return, and valuation
How this company returns cash to shareholders — buybacks, dividends, and stock splits.