Targa Resources (TRGP) EBT (2010 - 2026)
Targa Resources' EBT was $1 billion in Q2 2026, up 22.4% from $821.3 million a year earlier and up 64.4% from the prior quarter.
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Analysis
Targa Resources (TRGP) EBT (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Targa Resources' EBT was $2.93 billion through Jun 30, 2026, up 30.6% year-over-year; for FY2025, it came in at $2.49 billion, up 28.3% from FY2024.
- In earlier years, EBT was $1.94 billion in FY2024 (-0.2%), $1.94 billion in FY2023 (+16.8%), $1.66 billion in FY2022 (+280.7%) and $436.9 million in FY2021.
- The Q2 2026 figure marks the highest quarterly EBT in data going back to Q2 2010.
- Compared with a year earlier, EBT has increased for five straight quarters, with growth averaging 35.7% over the last eight quarters.
- The best year-over-year quarter for EBT over five years was Q2 2022 (growth of 378.2%); the worst was Q1 2024 (a decline of 37.6%).
- Per Business Quant data, TRGP's EBT in the three quarters before Q2 2026 was $611.3 million (Q1 2026), $692.2 million (Q4 2025) and $620.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 1.45 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 1.87 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 2.72 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 1.17 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 1.05 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 1.00 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 1.09 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 1.27 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 4.01 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 1.75 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 |
API Access
Targa Resources EBT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();