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

Targa Resources (TRGP) Gross Profit (2017 - 2026)

Targa Resources' (TRGP) quarterly Gross Profit came in at $2.1 billion in Q2 2026, up 17.21% year-over-year from $1.8 billion in Q2 2025, and up 25.76% quarter-over-quarter from $1.7 billion in Q1 2026.

Analysis

Targa Resources (TRGP) Gross Profit (2017 - 2026) Analysis & Trends

Targa Resources (TRGP) has reported Gross Profit for 10 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Profit rose 17.21% year-over-year to $2.1 billion in Q2 2026; TTM through Jun 2026 was $7.2 billion, a 18.59% increase from a year earlier, with the FY2025 full-year figure at $6.5 billion, up 14.83% from the prior year.
  • Gross Profit was $2.1 billion for Q2 2026 at Targa Resources, up from $1.7 billion in the prior quarter.
  • Over five years, Gross Profit peaked at $2.1 billion in Q2 2026 and troughed at $755.0 million in Q1 2022.
  • A 5-year average of $1.4 billion and a median of $1.4 billion in 2024 frame the typical range for Gross Profit.
  • Across the five-year window, Gross Profit jumped 98.87% in 2023 and decreased 10.46% in 2024, its largest moves.
  • Over 5 years, Gross Profit stood at $1.2 billion in 2022, then climbed by 8.98% to $1.3 billion in 2023, then grew by 10.57% to $1.5 billion in 2024, then advanced by 17.89% to $1.7 billion in 2025, then grew by 22.32% to $2.1 billion in 2026.
  • The last three Gross Profit figures came in at $2.1 billion (Q2 2026), $1.7 billion (Q1 2026), and $1.7 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 2.14 Bn
Mar 31, 2026 1.70 Bn
Dec 31, 2025 1.75 Bn
Sep 30, 2025 1.64 Bn
Jun 30, 2025 1.82 Bn
Mar 31, 2025 1.30 Bn
Dec 31, 2024 1.48 Bn
Sep 30, 2024 1.49 Bn
Jun 30, 2024 1.36 Bn
Mar 31, 2024 1.34 Bn
Dec 31, 2023 1.34 Bn
Sep 30, 2023 1.21 Bn
Jun 30, 2023 1.33 Bn
Mar 31, 2023 1.50 Bn
Dec 31, 2022 1.23 Bn
Sep 30, 2022 1.05 Bn
Jun 30, 2022 1.01 Bn
Mar 31, 2022 755.00 Mn
Dec 31, 2021 871.90 Mn
Sep 30, 2021 845.00 Mn