Targa Resources (TRGP) EBIT (2010 - 2026)
Targa Resources (TRGP) posted EBIT of $1.23 billion for Q2 2026, up 19.4% from $1.03 billion a year earlier and up 45.8% from the prior quarter.
Powered by 
Analysis
Targa Resources (TRGP) EBIT (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBIT at Targa Resources was $3.84 billion, up 27.6% year-over-year; for FY2025, it came in at $3.33 billion, up 23.6% from FY2024.
- Annual EBIT has increased for four consecutive years.
- In prior years, Targa Resources' EBIT was $2.7 billion in FY2024 (+2.6%), $2.63 billion in FY2023 (+51.9%), $1.73 billion in FY2022 (+99.9%) and $864.8 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly EBIT in data going back to Q2 2010.
- On a year-over-year basis, EBIT has increased in each of the last five quarters, with growth averaging 28.2% over the last eight quarters.
- The strongest year-over-year quarter for EBIT in the past five years was Q1 2023, with growth of 182.9%; the weakest was Q1 2024, with a decline of 23.6%.
- According to Business Quant data, EBIT for the three prior quarters was $846.9 million (Q1 2026), $917.4 million (Q4 2025) and $836.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.29 Bn | 97.89 Bn | 4.84 Bn | 2.10 Bn |
| 2 | Enterprise Products Partners | 79.85 Bn | 78.21 Bn | - | 1.99 Bn |
| 3 | Williams Companies | 79.33 Bn | 76.36 Bn | 2.59 Bn | 1.14 Bn |
| 4 | Kinder Morgan | 66.78 Bn | 65.63 Bn | 2.97 Bn | 1.16 Bn |
| 5 | Energy Transfer | 65.10 Bn | 60.93 Bn | 6.57 Bn | 2.78 Bn |
| 6 | Tc Energy | 64.42 Bn | 61.18 Bn | - | 1.72 Bn |
| 7 | Cheniere Energy | 58.11 Bn | 52.26 Bn | 2.97 Bn | 1.92 Bn |
| 8 | Targa Resources | 56.77 Bn | 56.23 Bn | 2.02 Bn | 1.10 Bn |
| 9 | Mplx | 56.70 Bn | 50.73 Bn | 3.19 Bn | 1.48 Bn |
| 10 | Oneok | 53.74 Bn | 53.15 Bn | 2.84 Bn | 1.57 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.10 Bn |
| 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 |
API Access
Targa Resources EBIT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();