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
DateValue
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