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