Targa Resources (TRGP) Gross Profit (2014 - 2026)

Targa Resources (TRGP) reported Gross Profit of $1.7 billion for Q1 2026, up 30.41% year-over-year from $1.3 billion in Q1 2025, and down 2.73% quarter-over-quarter from $1.7 billion in Q4 2025.

Targa Resources (TRGP) Gross Profit (2014 - 2026) Analysis & Trends

Targa Resources (TRGP) has 13 years of Gross Profit data on file, last reported at $1.7 billion in Q1 2026.

  • Gross Profit for Q1 2026 came in at $1.7 billion, up 30.41% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.9 billion (up 184.33% YoY), and the FY2025 annual result was $6.5 billion, up 181.98% from the prior year.
  • Gross Profit eased to $1.7 billion in Q1 2026 per TRGP's latest filing, from $1.7 billion in the prior quarter.
  • Over five years, Gross Profit peaked at $2.4 billion in Q4 2022 and troughed at -$178.3 million in Q1 2022.
  • A 5-year average of $818.4 million and a median of $532.1 million in 2024 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2022 and 2025: Gross Profit tumbled 931.11% in 2022, then surged 9392.66% in 2025.
  • A 5-year view of Gross Profit shows it stood at $2.4 billion in 2022, then slumped by 100.78% to -$18.8 million in 2023, then soared by 3286.17% to $599.0 million in 2024, then jumped by 191.8% to $1.7 billion in 2025, then dropped by 2.73% to $1.7 billion in 2026.
  • Business Quant data shows TRGP's Gross Profit at $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 Enbridge 88.15 Bn 88.85 Bn 6.70 Bn
2 Enterprise Products Partners 81.41 Bn 80.26 Bn -
3 Kinder Morgan 69.70 Bn 70.78 Bn 3.08 Bn
4 Energy Transfer 66.51 Bn 65.79 Bn 6.62 Bn
5 Scorpio Tankers 59.31 Bn 58.33 Bn -
6 Mplx 57.21 Bn 55.70 Bn 2.54 Bn
7 Targa Resources 56.78 Bn 56.82 Bn 1.70 Bn
8 Oneok 55.57 Bn 55.44 Bn 2.57 Bn
9 Tc Energy 50.90 Bn 52.09 Bn 2.95 Bn
10 Cheniere Energy 49.81 Bn 52.01 Bn 5.86 Bn

Historic Data

Download Data
DateValue
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 599.00 Mn
Dec 31, 2024 599.00 Mn
Sep 30, 2024 -17.70 Mn
Sep 30, 2024 -17.70 Mn
Jun 30, 2024 547.70 Mn
Jun 30, 2024 547.70 Mn
Mar 31, 2024 532.10 Mn
Mar 31, 2024 532.10 Mn
Dec 31, 2023 -18.80 Mn
Dec 31, 2023 -18.80 Mn