Expense Ratio (Quarterly)

Expense Ratio: A measure of profitability used by an insurance company to indicate how well it is performing in its daily operations. The expense ratio is calculated by taking the operating expenses and then dividing them by earned premium. Calculated as: (Total Operating Expenses - Underwriting Losses Total) / Net Premiums Earned

Targa Resources, Inc. (TRGP) Expense Ratio data is not available.

Quarterly Annual

Figures for fiscal quarter ending 2025-03-31

Income Statement Financials
Revenue	$4.56B
Net Income	$200.00M
Cost of Goods Sold	$3.26B
Gross Profit	$1.30B
Operating Expenses	$4.02B
Operating Income	$543.30M
Non-Operating Income/Expense	$-191.30M
Pre-Tax Income	$352.00M
Normalized Pre-Tax Income	$352.00M
Income after Taxes	$279.80M
Income from Continuous Operations	$279.80M
Consolidated Net Income/Loss	$279.80M
Normalized Income after Taxes	$279.80M
EBIT	$543.30M
EBITDA	$914.80M
Weighted-Average Shares Outstanding (Basic)	217.90M
Weighted-Average Shares Outstanding (Diluted)	218.70M
Earnings per Share (EPS) (Basic)	$0.91
Earnings per Share (EPS) (Diluted)	$0.91
Balance Sheet Financials
Current Assets	$2.08B
Property, Plant, and Equipment	$18.41B
Long-Term Assets	$20.72B
Total Assets	$22.80B
Current Liabilities	$3.20B
Long-Term Debt	$15.55B
Long-Term Liabilities	$17.03B
Total Liabilities	$20.23B
Common Equity	$2.57B
Tangible Shareholders Equity	$676.80M
Shareholders Equity	$2.57B
Common Shares Outstanding	217.46M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$954.40M
Cash Flow from Investing Activities	$-813.30M
Cash Flow from Financial Activities	$-147.00M
Beginning Cash	$157.30M
End Cash	$151.40M
Increase/Decrease in Cash	$-5.90M
Stock-Based Compensation	$17.60M
Common Stock Dividends Paid	$-167.20M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.65
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.86
Debt to Equity Ratio	6.30
Gross Margin	28.58%
Operating Margin	11.91%
EBIT Margin	11.91%
EBITDA Margin	--
Pre-Tax Profit Margin	7.72%
Profit Margin	4.38%
Free Cash Flow	$162.20M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.20
Inventory Turnover	12.72
Receiveable Turnover	3.25
Days Sales in Receivables	27.69
Return on Equity	10.88%
Return on Tangible Equity	41.34%
Return on Assets	1.23%
Return on Investments	1.54%
Book Value Per Share	$11.83
Free Cash Flow per Share	$0.74
Operating Cash Flow per Share	$4.36

Data from Zacks Investment Research, Inc.