Targa Resources Corp. (TRGP) EBITDA (2010 - 2026)

Targa Resources (TRGP) posted quarterly EBITDA of $1.2 billion for Q1 2026, up 41.03% YoY from $829.4 million in Q1 2025, and up 173.91% sequentially from -$1.6 billion in Q4 2025.

Targa Resources Corp. (TRGP) EBITDA (2010 - 2026) Analysis & Trends

Targa Resources has disclosed EBITDA across 17 years of filings, most recently posting $1.2 billion for Q1 2026.

  • In Q1 2026, EBITDA rose 41.03% year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $2.1 billion (down 44.37% YoY), while the FY2025 annual figure was $1.7 billion, down 54.3% from the prior year.
  • EBITDA advanced to $1.2 billion in Q1 2026, from -$1.6 billion in the prior quarter.
  • Over the last five years, EBITDA for TRGP reached as high as $1.3 billion in Q2 2025 and fell as low as -$1.6 billion in Q4 2025.
  • The 5-year median for EBITDA is $882.5 million (2024), against an average of $621.3 million.
  • Annual changes were most pronounced in 2022 — EBITDA soared 713.96% — and 2023, when it tumbled 272.44%.
  • A 5-year view of EBITDA shows it stood at $775.7 million in 2022, then plunged by 272.44% to -$1.3 billion in 2023, then jumped by 173.69% to $985.7 million in 2024, then plunged by 260.57% to -$1.6 billion in 2025, then jumped by 173.91% to $1.2 billion in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered $1.2 billion, -$1.6 billion, and $1.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 1.17 Bn
Dec 31, 2025 -1.58 Bn
Sep 30, 2025 1.14 Bn
Jun 30, 2025 1.33 Bn
Mar 31, 2025 829.40 Mn
Dec 31, 2024 985.70 Mn
Sep 30, 2024 990.30 Mn
Jun 30, 2024 882.50 Mn
Mar 31, 2024 886.60 Mn
Dec 31, 2023 -1.34 Bn
Sep 30, 2023 740.40 Mn
Jun 30, 2023 885.20 Mn
Mar 31, 2023 1.07 Bn
Dec 31, 2022 775.70 Mn
Sep 30, 2022 636.50 Mn
Jun 30, 2022 693.80 Mn
Mar 31, 2022 476.90 Mn
Dec 31, 2021 95.30 Mn
Sep 30, 2021 556.70 Mn
Jun 30, 2021 424.90 Mn