Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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