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Targa Resources Corp (NYSE:TRGP)
Pretax Income
$-161 Mil (TTM As of Mar. 2016)

Pretax income is the income that a company earns before paying income taxes. Targa Resources Corp's pretax income for the three months ended in Mar. 2016 was $2 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2016 was $-161 Mil. Targa Resources Corp's pretax margin was 0.17%.

During the past 8 years, Targa Resources Corp's highest Pretax Margin was 5.70%. The lowest was -1.68%. And the median was 2.77%.


Definition

This is the income that a company earns before paying income taxes.

Targa Resources Corp's Pretax Income for the fiscal year that ended in Dec. 2015 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=159.3+-39.2+0+0+-231.9
=-112

Targa Resources Corp's Pretax Income for the quarter that ended in Mar. 2016 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=35.5+19.8+0+0+-52.9
=2

Targa Resources Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2016 was 38.6 (Jun. 2015 ) + 44.8 (Sep. 2015 ) + -246.5 (Dec. 2015 ) + 2.4 (Mar. 2016 ) = $-161 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Targa Resources Corp's Pretax Margin for the quarter that ended in Mar. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=2.4/1442.4
=0.17%

During the past 8 years, Targa Resources Corp's highest Pretax Margin was 5.70%. The lowest was -1.68%. And the median was 2.77%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Targa Resources Corp Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Pretax Income 0015410086242196250491-112

Targa Resources Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
Pretax Income 114129119136107513945-2472
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