Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

Targa Resources (TRGP) EBIT (2010 - 2026)

Targa Resources' (TRGP) quarterly EBIT came in at $1.2 billion in Q2 2026, up 19.44% year-over-year from $1.0 billion in Q2 2025, and up 45.77% quarter-over-quarter from $846.9 million in Q1 2026.

Analysis

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

Targa Resources (TRGP) has reported EBIT for 17 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBIT rose 19.44% year-over-year to $1.2 billion in Q2 2026; TTM through Jun 2026 was $3.8 billion, a 27.62% increase from a year earlier, with the FY2025 full-year figure at $3.3 billion, up 23.59% from the prior year.
  • EBIT was $1.2 billion for Q2 2026 at Targa Resources, up from $846.9 million in the prior quarter.
  • Over five years, EBIT peaked at $1.2 billion in Q2 2026 and troughed at $295.8 million in Q1 2022.
  • A 5-year average of $692.4 million and a median of $644.2 million in 2023 frame the typical range for EBIT.
  • Across the five-year window, EBIT soared 701.97% in 2022 and declined 23.58% in 2024, its largest moves.
  • Over 5 years, EBIT stood at $551.4 million in 2022, then climbed by 15.22% to $635.3 million in 2023, then advanced by 10.26% to $700.5 million in 2024, then surged by 30.96% to $917.4 million in 2025, then surged by 34.57% to $1.2 billion in 2026.
  • The last three EBIT figures came in at $1.2 billion (Q2 2026), $846.9 million (Q1 2026), and $917.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 1.35 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 2.25 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 3.57 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 1.67 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 1.23 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 1.38 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 1.59 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 2.10 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 806.00 Mn
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.23 Bn
Mar 31, 2026 846.90 Mn
Dec 31, 2025 917.40 Mn
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 635.30 Mn
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