Targa Resources TRGP
NYSE TRGP
$273.46 -3.96 (-1.43%)
As of: Sep 29, 2026 · 3:59 PM EDT

Targa Resources (TRGP) EV to EBIT (2011 - 2026)

Updated

Targa Resources' EV to EBIT came in at 14.99 for Q2 2026, up 20.1% from 12.49 a year earlier and up 1.1% from the prior quarter.

Analysis

Targa Resources (TRGP) EV to EBIT (2011 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, Targa Resources reported EV to EBIT of 14.89, up 20.7% year-over-year; for FY2025, it was 11.88, down 21.0% from FY2024.

  • Going back by year, EV to EBIT was 15.04 in FY2024 (+87.5%), 8.02 in FY2023 (-25.9%), 10.82 in FY2022 (-37.3%) and 17.26 in FY2021.
  • The Q2 2026 figure represents the highest quarterly EV to EBIT since Q1 2025.
  • Year-over-year, EV to EBIT increased in five of the last eight quarters, with growth averaging 21.9%.
  • The fastest year-over-year change in EV to EBIT over five years came in Q1 2022 (growth of 159.5%), and the weakest in Q1 2023 (a decline of 66.4%).
  • Business Quant data shows TRGP's EV to EBIT at 14.82 (Q1 2026), 11.88 (Q4 2025) and 11.56 (Q3 2025) in the three quarters before Q2 2026.
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

Historic Data

Download Data
DateValue
Jun 30, 2026 14.99
Mar 31, 2026 14.82
Dec 31, 2025 11.88
Sep 30, 2025 11.56
Jun 30, 2025 12.49
Mar 31, 2025 16.76
Dec 31, 2024 15.04
Sep 30, 2024 12.95
Jun 30, 2024 12.44
Mar 31, 2024 10.97
Dec 31, 2023 8.02
Sep 30, 2023 8.20
Jun 30, 2023 7.60
Mar 31, 2023 7.99
Dec 31, 2022 10.82
Sep 30, 2022 14.55
Jun 30, 2022 15.38
Mar 31, 2022 23.77
Dec 31, 2021 17.26
Sep 30, 2021 11.67
API Access

Targa Resources EV to EBIT 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=ev-to-ebit&ticker=TRGP&period=max&api_key=YOUR_API_KEY