Targa Resources (TRGP) Enterprise Value (2010 - 2026)
Targa Resources' (TRGP) quarterly Enterprise Value came in at $57.5 billion in Q2 2026, up 53.23% year-over-year from $37.5 billion in Q2 2025, and up 6.74% quarter-over-quarter from $53.9 billion in Q1 2026.
Analysis
Targa Resources (TRGP) Enterprise Value (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Enterprise Value for 17 consecutive years, with $57.5 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Enterprise Value rose 53.23% year-over-year to $57.5 billion in Q2 2026; TTM through Jun 2026 was $57.5 billion, a 53.23% increase from a year earlier, with the FY2025 full-year figure at $39.6 billion, down 2.39% from the prior year.
- Enterprise Value was $57.5 billion for Q2 2026 at Targa Resources, up from $53.9 billion in the prior quarter.
- Over five years, Enterprise Value peaked at $57.5 billion in Q2 2026 and troughed at $15.7 billion in Q2 2022.
- A 5-year average of $30.4 billion and a median of $28.3 billion in 2024 frame the typical range for Enterprise Value.
- Across the five-year window, Enterprise Value fell 6.49% in 2023 and jumped 92.43% in 2024, its largest moves.
- Over 5 years, Enterprise Value stood at $18.7 billion in 2022, then climbed by 12.59% to $21.1 billion in 2023, then jumped by 92.43% to $40.5 billion in 2024, then retreated by 2.39% to $39.6 billion in 2025, then soared by 45.32% to $57.5 billion in 2026.
- The last three Enterprise Value figures came in at $57.5 billion (Q2 2026), $53.9 billion (Q1 2026), and $39.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 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 |