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
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 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