Growth Metrics

Targa Resources (TRGP) EBITDA (2016 - 2026)

Targa Resources has reported EBITDA over the past 13 years, most recently at -$1.6 billion for Q4 2025.

  • Quarterly EBITDA fell 260.57% to -$1.6 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.7 billion through Dec 2025, down 54.3% year-over-year, with the annual reading at $1.7 billion for FY2025, 54.3% down from the prior year.
  • EBITDA was -$1.6 billion for Q4 2025 at Targa Resources, down from $1.1 billion in the prior quarter.
  • Over five years, EBITDA peaked at $1.3 billion in Q2 2025 and troughed at -$1.6 billion in Q4 2025.
  • The 5-year median for EBITDA is $758.0 million (2022), against an average of $507.5 million.
  • Year-over-year, EBITDA soared 203.23% in 2022 and then crashed 272.44% in 2023.
  • A 5-year view of EBITDA shows it stood at -$751.4 million in 2021, then soared by 203.23% to $775.7 million in 2022, then crashed by 272.44% to -$1.3 billion in 2023, then skyrocketed by 173.69% to $985.7 million in 2024, then crashed by 260.57% to -$1.6 billion in 2025.
  • Per Business Quant, the three most recent readings for TRGP's EBITDA are -$1.6 billion (Q4 2025), $1.1 billion (Q3 2025), and $1.3 billion (Q2 2025).