Targa Resources (TRGP) EBT (2010 - 2026)
Targa Resources' (TRGP) quarterly EBT came in at $1.0 billion in Q2 2026, up 22.35% year-over-year from $821.3 million in Q2 2025, and up 64.39% quarter-over-quarter from $611.3 million in Q1 2026.
Analysis
Targa Resources (TRGP) EBT (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported EBT for 17 consecutive years, with $1.0 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT rose 22.35% year-over-year to $1.0 billion in Q2 2026; TTM through Jun 2026 was $2.9 billion, a 30.61% increase from a year earlier, with the FY2025 full-year figure at $2.5 billion, up 28.3% from the prior year.
- EBT was $1.0 billion for Q2 2026 at Targa Resources, up from $611.3 million in the prior quarter.
- Over five years, EBT peaked at $1.0 billion in Q2 2026 and troughed at $191.5 million in Q1 2022.
- A 5-year average of $535.9 million and a median of $504.2 million in 2023 frame the typical range for EBT.
- Across the five-year window, EBT soared 378.21% in 2022 and slumped 37.6% in 2024, its largest moves.
- Over 5 years, EBT stood at $405.7 million in 2022, then increased by 13.41% to $460.1 million in 2023, then increased by 13.98% to $524.4 million in 2024, then soared by 32.0% to $692.2 million in 2025, then surged by 45.17% to $1.0 billion in 2026.
- The last three EBT figures came in at $1.0 billion (Q2 2026), $611.3 million (Q1 2026), and $692.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.17 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 1.87 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 2.72 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 1.05 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 1.00 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.09 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.27 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 1.45 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 652.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.00 Bn |
| 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 |