Targa Resources (TRGP) Enterprise Value (2010 - 2026)
Targa Resources (TRGP) reported Enterprise Value of $57.5 billion for Q2 2026, up 53.2% from $37.53 billion a year earlier and up 6.7% from the prior quarter.
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Analysis
Targa Resources (TRGP) Enterprise Value (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Targa Resources' Enterprise Value came in at $57.11 billion, up 54.0% year-over-year; for FY2025, it was $39.57 billion, down 2.4% from FY2024.
- Enterprise Value has a five-year compound annual growth rate of 34.4% (FY2020 to FY2025).
- By year, Enterprise Value came in at $40.54 billion in FY2024 (+92.4%), $21.07 billion in FY2023 (+12.6%), $18.71 billion in FY2022 (+25.3%) and $14.93 billion in FY2021 (+65.5%).
- The Q2 2026 figure ranks as the highest quarterly Enterprise Value in data going back to Q4 2010.
- Year over year, Enterprise Value gained in seven of the last eight quarters, with growth averaging 40.6%.
- The high point for year-over-year Enterprise Value in five years was Q3 2021 (growth of 123.5%); the low point was Q1 2023 (a decline of 6.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $53.87 billion (Q1 2026), $39.57 billion (Q4 2025) and $36 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.50 Bn |
| Mar 31, 2026 | 53.87 Bn |
| Dec 31, 2025 | 39.57 Bn |
| Sep 30, 2025 | 36.00 Bn |
| Jun 30, 2025 | 37.53 Bn |
| Mar 31, 2025 | 43.56 Bn |
| Dec 31, 2024 | 40.54 Bn |
| Sep 30, 2024 | 34.07 Bn |
| Jun 30, 2024 | 29.94 Bn |
| Mar 31, 2024 | 26.64 Bn |
| Dec 31, 2023 | 21.07 Bn |
| Sep 30, 2023 | 20.85 Bn |
| Jun 30, 2023 | 18.75 Bn |
| Mar 31, 2023 | 18.15 Bn |
| Dec 31, 2022 | 18.71 Bn |
| Sep 30, 2022 | 15.81 Bn |
| Jun 30, 2022 | 15.73 Bn |
| Mar 31, 2022 | 19.41 Bn |
| Dec 31, 2021 | 14.93 Bn |
| Sep 30, 2021 | 14.25 Bn |
API Access
Targa Resources Enterprise Value 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=enterprise-value&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();