Targa Resources (TRGP) EBIT (2010 - 2026)
Targa Resources' (TRGP) quarterly EBIT came in at $846.9 million in Q1 2026, up 55.88% year-on-year from $543.3 million in Q1 2025, and up 144.77% sequentially from -$1.9 billion in Q4 2025.
Targa Resources (TRGP) EBIT (2010 - 2026) Analysis & Trends
Targa Resources' EBIT history runs 17 years deep, the most recent figure standing at $846.9 million for Q1 2026.
- In Q1 2026, EBIT rose 55.88% year-over-year to $846.9 million; the TTM figure through Mar 2026 stood at $825.7 million (down 68.23% YoY), while the FY2025 annual figure was $522.1 million, down 80.63% from the prior year.
- EBIT came in at $846.9 million for Q1 2026 at Targa Resources, up 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.
- The 5-year median for EBIT is $627.2 million (2024), against an average of $364.8 million.
- The widest annual swing landed in 2022, when EBIT surged 701.97%; it then tumbled 387.09% in 2023.
- A 5-year view of EBIT shows it stood at $551.4 million in 2022, then slumped by 387.09% to -$1.6 billion in 2023, then jumped by 144.25% to $700.5 million in 2024, then tumbled by 370.05% to -$1.9 billion in 2025, then jumped by 144.77% to $846.9 million in 2026.
- Per Business Quant data, the three most recent EBIT figures were $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 | Torm | 26,839.46 Bn | 26,839.30 Bn | - | - |
| 2 | Imperial Petroleum | 730.62 Bn | 730.54 Bn | 50.64 Mn | 26.50 Mn |
| 3 | Kinder Morgan | 450.75 Bn | 451.83 Bn | 3.08 Bn | 1.44 Bn |
| 4 | Enterprise Products Partners | 316.77 Bn | 315.62 Bn | - | 1.90 Bn |
| 5 | Energy Transfer | 263.37 Bn | 262.65 Bn | 6.62 Bn | 2.98 Bn |
| 6 | Targa Resources | 235.18 Bn | 235.21 Bn | 1.70 Bn | 846.90 Mn |
| 7 | Mplx | 230.21 Bn | 228.70 Bn | 2.54 Bn | 1.21 Bn |
| 8 | Oneok | 224.24 Bn | 224.11 Bn | 2.57 Bn | 1.43 Bn |
| 9 | Cheniere Energy | 210.54 Bn | 212.74 Bn | 5.86 Bn | -3.49 Bn |
| 10 | Enbridge | 157.88 Bn | 158.58 Bn | 6.70 Bn | 2.35 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |