Targa Resources (TRGP) EBIT (2010 - 2026)

Targa Resources (TRGP) reported EBIT of $846.9 million for Q1 2026, up 55.88% year-over-year from $543.3 million in Q1 2025, and up 144.77% quarter-over-quarter from -$1.9 billion in Q4 2025.

Targa Resources (TRGP) EBIT (2010 - 2026) Analysis & Trends

Targa Resources (TRGP) has 17 years of EBIT data on file, last reported at $846.9 million in Q1 2026.

  • EBIT for Q1 2026 came in at $846.9 million, up 55.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $825.7 million (down 68.23% YoY), and the FY2025 annual result was $522.1 million, down 80.63% from the prior year.
  • EBIT rose to $846.9 million in Q1 2026 per TRGP's latest filing, from -$1.9 billion in the prior quarter.
  • Over five years, EBIT peaked at $1.0 billion in Q2 2025 and troughed at -$1.9 billion in Q4 2025.
  • A 5-year average of $364.8 million and a median of $627.2 million in 2024 frame the typical range for EBIT.
  • The sharpest annual moves came in 2022 and 2023: EBIT jumped 701.97% in 2022, then slumped 387.09% in 2023.
  • A 5-year view of EBIT shows it stood at $551.4 million in 2022, then sank by 387.09% to -$1.6 billion in 2023, then soared by 144.25% to $700.5 million in 2024, then slumped by 370.05% to -$1.9 billion in 2025, then soared by 144.77% to $846.9 million in 2026.
  • Business Quant data shows TRGP's EBIT at $846.9 million in Q1 2026, -$1.9 billion in Q4 2025, and $836.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 2.35 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.90 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.44 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 2.98 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 219.52 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 1.21 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 846.90 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 1.43 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 2.03 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn -3.49 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 846.90 Mn
Dec 31, 2025 -1.89 Bn
Sep 30, 2025 836.90 Mn
Jun 30, 2025 1.03 Bn
Mar 31, 2025 543.30 Mn
Dec 31, 2024 700.50 Mn
Sep 30, 2024 728.20 Mn
Jun 30, 2024 627.20 Mn
Mar 31, 2024 639.40 Mn
Dec 31, 2023 -1.58 Bn
Sep 30, 2023 505.10 Mn
Jun 30, 2023 649.10 Mn
Mar 31, 2023 836.70 Mn
Dec 31, 2022 551.40 Mn
Sep 30, 2022 430.00 Mn
Jun 30, 2022 451.90 Mn
Mar 31, 2022 295.80 Mn
Dec 31, 2021 -91.60 Mn
Sep 30, 2021 366.50 Mn
Jun 30, 2021 245.80 Mn