What is the primary revenue source for Targa Resources (TRGP)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze TRGP's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Targa Resources's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Targa Resources Makes Money: TRGP Revenue Breakdown (2026)

YoY periods: H1 2026 compared with H1 2025

Source metrics

Shareholder equityTotal owners' equity · StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Accounts receivableTrade receivables, net of allowances of $0.7 million and $0.7 million as of june 30, 2026 and december 31, 2025 · AccountsReceivableNetCurrent
Property, plant and equipmentProperty, plant and equipment, net · PropertyPlantAndEquipmentNet
InventoryInventories · InventoryNet

Some conclusions lack complete source metrics and should be interpreted cautiously.

Financial Insights

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Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?