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% on a QoQ basis 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.
- On a quarterly basis, EBT rose 73.66% year-over-year to $611.3 million in Q1 2026; TTM through Mar 2026 was $2.7 billion, a 46.46% increase from a year earlier, with the FY2025 full-year figure at $2.5 billion, up 28.3% from the prior year.
- EBT for Q1 2026 stood at $611.3 million, down from $692.2 million in the prior quarter.
- Over the last five years, EBT for TRGP reached as high as $821.3 million in Q2 2025 and fell as low as $191.5 million in Q1 2022.
- Historically, EBT has averaged $508.3 million across 5 years, with a median of $483.9 million in 2023.
- Across the five-year window, EBT surged 378.21% in 2022 and tumbled 37.6% in 2024, its largest moves.
- Year by year, EBT stood at $405.7 million in 2022, then climbed by 13.41% to $460.1 million in 2023, then climbed by 13.98% to $524.4 million in 2024, then jumped by 32.0% to $692.2 million in 2025, then fell 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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 164.65 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 19.53 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.17 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.72 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.52 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 1.02 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 2.11 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 611.30 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.02 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 923.00 Mn |
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 |