Targa Resources (TRGP) Equity Income (2010 - 2026)
Targa Resources (TRGP) posted Equity Income of $7.8 million for Q2 2026, up 52.9% from $5.1 million a year earlier but down 9.3% from the prior quarter.
Powered by 
Analysis
Targa Resources (TRGP) Equity Income (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Equity Income at Targa Resources was $17.6 million, up 23.1% year-over-year; for FY2025, it was $11.8 million, up 25.5% from FY2024.
- Annual Equity Income shows a five-year compound annual growth rate of -30.5% (FY2020 to FY2025).
- In prior years, Targa Resources' Equity Income was $9.4 million in FY2024 (+4.4%), $9 million in FY2023 (-1.1%), $9.1 million in FY2022 and -$23.9 million in FY2021.
- Quarterly Equity Income has run from a low of -$62.8 million in Q4 2021 to a high of $14.3 million in Q3 2021 over five years.
- On a year-over-year basis, Equity Income increased in five of the last seven quarters, with growth averaging 57.1%.
- The strongest year-over-year quarter for Equity Income in the past five years was Q4 2023, with growth of 600.0%; the weakest was Q2 2022, with a decline of 89.1%.
- According to Business Quant data, Equity Income for the three prior quarters was $8.6 million (Q1 2026), -$5.2 million (Q4 2025) and $6.4 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 384.60 Mn |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 109.00 Mn |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 108.00 Mn |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 225.00 Mn |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | 305.07 Mn |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 7.80 Mn |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 180.00 Mn |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | - |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 103.00 Mn |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.80 Mn |
| Mar 31, 2026 | 8.60 Mn |
| Dec 31, 2025 | -5.20 Mn |
| Sep 30, 2025 | 6.40 Mn |
| Jun 30, 2025 | 5.10 Mn |
| Mar 31, 2025 | 5.50 Mn |
| Dec 31, 2024 | 1.50 Mn |
| Sep 30, 2024 | 2.20 Mn |
| Jun 30, 2024 | 2.90 Mn |
| Mar 31, 2024 | 2.80 Mn |
| Dec 31, 2023 | 2.80 Mn |
| Sep 30, 2023 | 3.00 Mn |
| Jun 30, 2023 | 3.40 Mn |
| Mar 31, 2023 | -200,000.00 |
| Dec 31, 2022 | 400,000.00 |
| Sep 30, 2022 | 1.70 Mn |
| Jun 30, 2022 | 1.40 Mn |
| Mar 31, 2022 | 5.60 Mn |
| Dec 31, 2021 | -62.80 Mn |
| Sep 30, 2021 | 14.30 Mn |
API Access
Targa Resources Equity Income 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=equity-income&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equity-income", "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=equity-income&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();