Targa Resources (TRGP) EBT Margin (2010 - 2026)
Targa Resources' (TRGP) quarterly EBT Margin came in at 22.63% in Q2 2026, up 335.0% year-over-year from 5.2% in Q2 2025, and up 51.6% quarter-over-quarter from 14.93% in Q1 2026.
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Targa Resources (TRGP) EBT Margin (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported EBT Margin for 17 consecutive years, with 22.63% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT Margin rose 335.0% year-over-year to 22.63% in Q2 2026; TTM through Jun 2026 was 17.5%, a 437.0% increase from a year earlier, with the FY2025 full-year figure at 14.6%, up 277.0% from the prior year.
- EBT Margin was 22.63% for Q2 2026 at Targa Resources, up from 14.93% in the prior quarter.
- Over five years, EBT Margin peaked at 22.63% in Q2 2026 and troughed at 3.86% in Q1 2022.
- A 5-year average of 12.43% and a median of 12.76% in 2022 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin surged 1365 bps in 2022 and plunged 562 bps in 2024, its largest moves.
- Over 5 years, EBT Margin stood at 8.91% in 2022, then rose by 22 bps to 10.85% in 2023, then grew by 10 bps to 11.9% in 2024, then jumped by 43 bps to 17.07% in 2025, then soared by 33 bps to 22.63% in 2026.
- The last three EBT Margin figures came in at 22.63% (Q2 2026), 14.93% (Q1 2026), and 17.07% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 26.04% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 10.22% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.93% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 36.72% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.63% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 32.88% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 10.51% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 6.86% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 30.30% |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.63% |
| Mar 31, 2026 | 14.93% |
| Dec 31, 2025 | 17.07% |
| Sep 30, 2025 | 14.96% |
| Jun 30, 2025 | 19.28% |
| Mar 31, 2025 | 7.72% |
| Dec 31, 2024 | 11.90% |
| Sep 30, 2024 | 14.15% |
| Jun 30, 2024 | 12.72% |
| Mar 31, 2024 | 9.10% |
| Dec 31, 2023 | 10.85% |
| Sep 30, 2023 | 8.54% |
| Jun 30, 2023 | 14.22% |
| Mar 31, 2023 | 14.72% |
| Dec 31, 2022 | 8.91% |
| Sep 30, 2022 | 5.43% |
| Jun 30, 2022 | 12.79% |
| Mar 31, 2022 | 3.86% |
| Dec 31, 2021 | -4.74% |
| Sep 30, 2021 | 6.50% |