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| Date | Value |
|---|---|
| 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 |