Targa Resources (TRGP) Gross Profit (2017 - 2026)
Targa Resources' (TRGP) quarterly Gross Profit came in at $1.7 billion in Q1 2026, up 30.41% year-on-year from $1.3 billion in Q1 2025, and down 2.73% on a QoQ basis from $1.7 billion in Q4 2025.
Targa Resources (TRGP) Gross Profit (2017 - 2026) Analysis & Trends
Targa Resources (TRGP) has 10 years of Gross Profit data on file, last reported at $1.7 billion in Q1 2026.
- On a quarterly basis, Gross Profit rose 30.41% year-over-year to $1.7 billion in Q1 2026; TTM through Mar 2026 was $6.9 billion, a 22.69% increase from a year earlier, with the FY2025 full-year figure at $6.5 billion, up 14.83% from the prior year.
- Gross Profit for Q1 2026 stood at $1.7 billion, down from $1.7 billion in the prior quarter.
- Over the last five years, Gross Profit for TRGP reached as high as $1.8 billion in Q2 2025 and fell as low as $755.0 million in Q1 2022.
- Historically, Gross Profit has averaged $1.4 billion across 5 years, with a median of $1.3 billion in 2024.
- Across the five-year window, Gross Profit soared 98.87% in 2023 and retreated 10.46% in 2024, its largest moves.
- Year by year, Gross Profit stood at $1.2 billion in 2022, then gained by 8.98% to $1.3 billion in 2023, then advanced by 10.57% to $1.5 billion in 2024, then rose by 17.89% to $1.7 billion in 2025, then dropped by 2.73% to $1.7 billion in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $1.7 billion in Q1 2026, $1.7 billion in Q4 2025, and $1.6 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.70 Bn |
| Mar 31, 2026 | 1.70 Bn |
| Dec 31, 2025 | 1.75 Bn |
| Dec 31, 2025 | 1.75 Bn |
| Sep 30, 2025 | 1.64 Bn |
| Sep 30, 2025 | 1.64 Bn |
| Jun 30, 2025 | 1.82 Bn |
| Jun 30, 2025 | 1.82 Bn |
| Mar 31, 2025 | 1.30 Bn |
| Mar 31, 2025 | 1.30 Bn |
| Dec 31, 2024 | 1.48 Bn |
| Dec 31, 2024 | 1.48 Bn |
| Sep 30, 2024 | 1.49 Bn |
| Sep 30, 2024 | 1.49 Bn |
| Jun 30, 2024 | 1.36 Bn |
| Jun 30, 2024 | 1.36 Bn |
| Mar 31, 2024 | 1.34 Bn |
| Mar 31, 2024 | 1.34 Bn |
| Dec 31, 2023 | 1.34 Bn |
| Dec 31, 2023 | 1.34 Bn |