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| 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 |