Targa Resources (TRGP) Consolidated Net Income (2010 - 2026)

Targa Resources' (TRGP) quarterly Consolidated Net Income came in at $487.4 million in Q1 2026, up 74.2% year-on-year from $279.8 million in Q1 2025, and down 54.44% sequentially from $1.1 billion in Q4 2025.

Targa Resources (TRGP) Consolidated Net Income (2010 - 2026) Analysis & Trends

Targa Resources' Consolidated Net Income history runs 17 years deep, the most recent figure standing at $487.4 million for Q1 2026.

  • In Q1 2026, Consolidated Net Income rose 74.2% year-over-year to $487.4 million; the TTM figure through Mar 2026 stood at $2.7 billion (up 78.63% YoY), while the FY2025 annual figure was $2.5 billion, up 59.21% from the prior year.
  • Consolidated Net Income came in at $487.4 million for Q1 2026 at Targa Resources, down from $1.1 billion in the prior quarter.
  • Over five years, Consolidated Net Income peaked at $1.1 billion in Q4 2025 and troughed at $168.6 million in Q1 2022.
  • The 5-year median for Consolidated Net Income is $448.1 million (2024), against an average of $476.5 million.
  • The widest annual swing landed in 2022, when Consolidated Net Income soared 342.47%; it then sank 43.64% in 2023.
  • A 5-year view of Consolidated Net Income shows it stood at $521.0 million in 2022, then surged by 35.74% to $707.2 million in 2023, then tumbled by 41.46% to $414.0 million in 2024, then soared by 158.38% to $1.1 billion in 2025, then slumped by 54.44% to $487.4 million in 2026.
  • Per Business Quant data, the three most recent Consolidated Net Income figures were $487.4 million in Q1 2026, $1.1 billion in Q4 2025, and $486.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 1.30 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.00 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.50 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.98 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 487.40 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 922.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 776.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 183.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 625.00 Mn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn -103.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 487.40 Mn
Dec 31, 2025 1.07 Bn
Sep 30, 2025 486.60 Mn
Jun 30, 2025 637.20 Mn
Mar 31, 2025 279.80 Mn
Dec 31, 2024 414.00 Mn
Sep 30, 2024 448.10 Mn
Jun 30, 2024 358.90 Mn
Mar 31, 2024 332.60 Mn
Dec 31, 2023 707.20 Mn
Sep 30, 2023 279.00 Mn
Jun 30, 2023 387.50 Mn
Mar 31, 2023 555.20 Mn
Dec 31, 2022 521.00 Mn
Sep 30, 2022 279.30 Mn
Jun 30, 2022 687.60 Mn
Mar 31, 2022 168.60 Mn
Dec 31, 2021 -249.20 Mn
Sep 30, 2021 288.00 Mn
Jun 30, 2021 155.40 Mn