Targa Resources (TRGP) Consolidated Net Income (2010 - 2026)
Targa Resources' Consolidated Net Income came in at $777.7 million for Q2 2026, up 22.0% from $637.2 million a year earlier and up 59.6% from the prior quarter.
Targa Resources (TRGP) Consolidated Net Income (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Targa Resources reported Consolidated Net Income of $2.3 billion, up 29.5% year-over-year; for FY2025, it came in at $1.96 billion, up 26.0% from FY2024.
- Going back by year, Consolidated Net Income was $1.55 billion in FY2024 (-1.6%), $1.58 billion in FY2023 (+3.1%), $1.53 billion in FY2022 (+262.8%) and $422.1 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Consolidated Net Income in data going back to Q2 2010.
- Year-over-year, Consolidated Net Income has increased for five consecutive quarters, with growth averaging 34.6% over the last eight quarters.
- The fastest year-over-year change in Consolidated Net Income over five years came in Q2 2022 (growth of 342.5%), and the weakest in Q2 2023 (a decline of 43.6%).
- Business Quant data shows TRGP's Consolidated Net Income at $487.4 million (Q1 2026), $553.1 million (Q4 2025) and $486.6 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 1.13 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 1.14 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 1.86 Bn |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 2.53 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 894.00 Mn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | 832.09 Mn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 777.70 Mn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 1.09 Bn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 3.64 Bn |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn | 967.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 777.70 Mn |
| Mar 31, 2026 | 487.40 Mn |
| Dec 31, 2025 | 553.10 Mn |
| 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 | 357.60 Mn |
| Sep 30, 2023 | 279.00 Mn |
| Jun 30, 2023 | 387.50 Mn |
| Mar 31, 2023 | 555.20 Mn |
| Dec 31, 2022 | 395.90 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 |
Targa Resources Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=TRGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();