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.
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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 | 101.53 Bn | 99.08 Bn | 4.84 Bn | 2.10 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 2.25 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 3.57 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 1.35 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 3.87 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 1.23 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 1.38 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 4.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 1.59 Bn |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | 2.19 Bn |
Historic Data
Download Data
Historic 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 |
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();