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
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