Targa Resources (TRGP) EBT (2010 - 2026)
Targa Resources (TRGP) reported EBT of $611.3 million for Q1 2026, up 73.66% year-over-year from $352.0 million in Q1 2025, and down 11.69% quarter-over-quarter from $692.2 million in Q4 2025.
Targa Resources (TRGP) EBT (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has 17 years of EBT data on file, last reported at $611.3 million in Q1 2026.
- EBT for Q1 2026 came in at $611.3 million, up 73.66% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.7 billion (up 46.46% YoY), and the FY2025 annual result was $2.5 billion, up 28.3% from the prior year.
- EBT fell to $611.3 million in Q1 2026 per TRGP's latest filing, 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.
- A 5-year average of $508.3 million and a median of $483.9 million in 2023 frame the typical range for EBT.
- The sharpest annual moves came in 2022 and 2024: EBT jumped 378.21% in 2022, then sank 37.6% in 2024.
- A 5-year view of EBT shows it stood at $405.7 million in 2022, then rose by 13.41% to $460.1 million in 2023, then rose by 13.98% to $524.4 million in 2024, then jumped by 32.0% to $692.2 million in 2025, then slipped by 11.69% to $611.3 million in 2026.
- Business Quant data shows TRGP's EBT at $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 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.72 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.52 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.29 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 2.11 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 239.84 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 923.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 611.30 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.02 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 1.02 Bn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | -3.75 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 |