Targa Resources Corp. (TRGP) EBIT (2010 - 2026)

Targa Resources (TRGP) posted quarterly EBIT of $846.9 million for Q1 2026, up 55.88% year-over-year from $543.3 million in Q1 2025, and down 7.68% quarter-over-quarter from $917.4 million in Q4 2025.

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

Targa Resources (TRGP) has reported EBIT for 17 consecutive years, with $846.9 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBIT rose 55.88% year-over-year to $846.9 million; the TTM figure through Mar 2026 stood at $3.6 billion (up 39.84% YoY), while the FY2025 annual figure was $3.3 billion, up 23.59% from the prior year.
  • EBIT fell to $846.9 million in Q1 2026 per TRGP's latest filing, from $917.4 million in the prior quarter.
  • Across five years, EBIT topped out at $1.0 billion in Q2 2025 and bottomed at $295.8 million in Q1 2022.
  • Historically, EBIT has averaged $660.5 million across 5 years, with a median of $639.4 million in 2024.
  • Annual changes were most pronounced in 2022 — EBIT jumped 701.97% — and 2024, when it fell 23.58%.
  • Targa Resources' EBIT stood at $551.4 million in 2022, then increased by 15.22% to $635.3 million in 2023, then grew by 10.26% to $700.5 million in 2024, then jumped by 30.96% to $917.4 million in 2025, then decreased by 7.68% to $846.9 million in 2026.
  • Business Quant data shows TRGP's EBIT at $846.9 million in Q1 2026, $917.4 million in Q4 2025, and $836.9 million in Q3 2025.

Peer Comparison

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