Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

Targa Resources (TRGP) EBITDA (2010 - 2026)

Targa Resources' (TRGP) quarterly EBITDA came in at $1.6 billion in Q2 2026, up 19.6% year-over-year from $1.3 billion in Q2 2025, and up 35.56% quarter-over-quarter from $1.2 billion in Q1 2026.

Analysis

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

Targa Resources (TRGP) has reported EBITDA for 17 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBITDA rose 19.6% year-over-year to $1.6 billion in Q2 2026; TTM through Jun 2026 was $5.1 billion, a 23.95% increase from a year earlier, with the FY2025 full-year figure at $4.5 billion, up 20.7% from the prior year.
  • EBITDA was $1.6 billion for Q2 2026 at Targa Resources, up from $1.2 billion in the prior quarter.
  • Over five years, EBITDA peaked at $1.6 billion in Q2 2026 and troughed at $476.9 million in Q1 2022.
  • A 5-year average of $954.2 million and a median of $885.9 million in 2023 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA surged 713.96% in 2022 and decreased 16.79% in 2024, its largest moves.
  • Over 5 years, EBITDA stood at $775.7 million in 2022, then advanced by 13.54% to $880.7 million in 2023, then climbed by 11.92% to $985.7 million in 2024, then grew by 24.42% to $1.2 billion in 2025, then gained by 29.29% to $1.6 billion in 2026.
  • The last three EBITDA figures came in at $1.6 billion (Q2 2026), $1.2 billion (Q1 2026), and $1.2 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 1.35 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 2.25 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 3.57 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 1.67 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 1.59 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 1.70 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 1.59 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 2.10 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 806.00 Mn
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.59 Bn
Mar 31, 2026 1.17 Bn
Dec 31, 2025 1.23 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 880.70 Mn
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