Targa Resources (TRGP) EBT (2010 - 2026)

Targa Resources' (TRGP) quarterly EBT came in at $611.3 million in Q1 2026, up 73.66% year-on-year from $352.0 million in Q1 2025, and down 11.69% sequentially from $692.2 million in Q4 2025.

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

Targa Resources' EBT history runs 17 years deep, the most recent figure standing at $611.3 million for Q1 2026.

  • In Q1 2026, EBT rose 73.66% year-over-year to $611.3 million; the TTM figure through Mar 2026 stood at $2.7 billion (up 46.46% YoY), while the FY2025 annual figure was $2.5 billion, up 28.3% from the prior year.
  • EBT came in at $611.3 million for Q1 2026 at Targa Resources, down from $692.2 million in the prior quarter.
  • Over five years, EBT peaked at $821.3 million in Q2 2025 and troughed at $191.5 million in Q1 2022.
  • The 5-year median for EBT is $483.9 million (2023), against an average of $508.3 million.
  • The widest annual swing landed in 2022, when EBT surged 378.21%; it then slumped 37.6% in 2024.
  • A 5-year view of EBT shows it stood at $405.7 million in 2022, then gained by 13.41% to $460.1 million in 2023, then gained by 13.98% to $524.4 million in 2024, then surged by 32.0% to $692.2 million in 2025, then dropped by 11.69% to $611.3 million in 2026.
  • Per Business Quant data, the three most recent EBT figures were $611.3 million in Q1 2026, $692.2 million in Q4 2025, and $620.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Torm 26,839.46 Bn 26,839.30 Bn - -
2 Imperial Petroleum 730.62 Bn 730.54 Bn 50.64 Mn 28.32 Mn
3 Kinder Morgan 450.75 Bn 451.83 Bn 3.08 Bn 1.29 Bn
4 Enterprise Products Partners 316.77 Bn 315.62 Bn - 1.52 Bn
5 Energy Transfer 263.37 Bn 262.65 Bn 6.62 Bn 2.11 Bn
6 Targa Resources 235.18 Bn 235.21 Bn 1.70 Bn 611.30 Mn
7 Mplx 230.21 Bn 228.70 Bn 2.54 Bn 923.00 Mn
8 Oneok 224.24 Bn 224.11 Bn 2.57 Bn 1.02 Bn
9 Cheniere Energy 210.54 Bn 212.74 Bn 5.86 Bn -3.75 Bn
10 Enbridge 157.88 Bn 158.58 Bn 6.70 Bn 1.72 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 611.30 Mn
Dec 31, 2025 692.20 Mn
Sep 30, 2025 620.90 Mn
Jun 30, 2025 821.30 Mn
Mar 31, 2025 352.00 Mn
Dec 31, 2024 524.40 Mn
Sep 30, 2024 545.10 Mn
Jun 30, 2024 453.20 Mn
Mar 31, 2024 415.30 Mn
Dec 31, 2023 460.10 Mn
Sep 30, 2023 332.90 Mn
Jun 30, 2023 483.90 Mn
Mar 31, 2023 665.50 Mn
Dec 31, 2022 405.70 Mn
Sep 30, 2022 291.30 Mn
Jun 30, 2022 774.70 Mn
Mar 31, 2022 191.50 Mn
Dec 31, 2021 -257.90 Mn
Sep 30, 2021 290.00 Mn
Jun 30, 2021 162.00 Mn