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| Date | Value |
|---|---|
| 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 |