Targa Resources (TRGP) Enterprise Value (2010 - 2026)
Targa Resources' (TRGP) quarterly Enterprise Value came in at $32.4 million in Q1 2026, up 207.28% year-on-year from $10.5 million in Q1 2025, and up 190.5% sequentially from -$35.8 million in Q4 2025.
Targa Resources (TRGP) Enterprise Value (2010 - 2026) Analysis & Trends
Targa Resources' Enterprise Value history runs 17 years deep, the most recent figure standing at $32.4 million for Q1 2026.
- In Q1 2026, Enterprise Value rose 207.28% year-over-year to $32.4 million; the TTM figure through Mar 2026 stood at $32.4 million (up 207.28% YoY), while the FY2025 annual figure was -$35.8 million, down 102.15% from the prior year.
- Enterprise Value came in at $32.4 million for Q1 2026 at Targa Resources, up from -$35.8 million in the prior quarter.
- Over five years, Enterprise Value peaked at $2.2 billion in Q1 2022 and troughed at -$35.8 million in Q4 2025.
- The 5-year median for Enterprise Value is $1.7 billion (2024), against an average of $1.3 billion.
- The widest annual swing landed in 2025, when Enterprise Value sank 102.15%; it then surged 207.28% in 2026.
- A 5-year view of Enterprise Value shows it stood at $2.1 billion in 2022, then slipped by 17.59% to $1.7 billion in 2023, then slipped by 3.48% to $1.7 billion in 2024, then slumped by 102.15% to -$35.8 million in 2025, then surged by 190.5% to $32.4 million in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were $32.4 million in Q1 2026, -$35.8 million in Q4 2025, and $2.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 700.77 Mn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | -1.15 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | -719.00 Mn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 32.40 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | -1.51 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | -131.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | -282.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | -58.00 Mn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | -171.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.40 Mn |
| Dec 31, 2025 | -35.80 Mn |
| Sep 30, 2025 | 2.90 Mn |
| Jun 30, 2025 | 10.20 Mn |
| Mar 31, 2025 | -30.20 Mn |
| Dec 31, 2024 | 1.67 Bn |
| Sep 30, 2024 | 1.76 Bn |
| Jun 30, 2024 | 1.72 Bn |
| Mar 31, 2024 | 1.76 Bn |
| Dec 31, 2023 | 1.73 Bn |
| Sep 30, 2023 | 1.73 Bn |
| Jun 30, 2023 | 1.70 Bn |
| Mar 31, 2023 | 1.65 Bn |
| Dec 31, 2022 | 2.10 Bn |
| Sep 30, 2022 | 2.15 Bn |
| Jun 30, 2022 | 2.18 Bn |
| Mar 31, 2022 | 2.18 Bn |
| Dec 31, 2021 | 3.01 Bn |
| Sep 30, 2021 | 2.99 Bn |
| Jun 30, 2021 | 3.00 Bn |