Targa Resources (TRGP) Income from Continuing Operations (2010 - 2026)
Targa Resources (TRGP) reported Income from Continuing Operations of $777.7 million for Q2 2026, up 22.0% from $637.2 million a year earlier and up 59.6% from the prior quarter.
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Analysis
Targa Resources (TRGP) Income from Continuing Operations (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Targa Resources' Income from Continuing Operations came in at $2.3 billion, up 29.5% year-over-year; for FY2025, it was $1.96 billion, up 26.0% from FY2024.
- By year, Income from Continuing Operations came in at $1.55 billion in FY2024 (-1.6%), $1.58 billion in FY2023 (+3.1%), $1.53 billion in FY2022 (+262.8%) and $422.1 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Income from Continuing Operations in data going back to Q2 2010.
- Year over year, Income from Continuing Operations has now increased in each of the last five quarters, with growth averaging 34.6% over the last eight quarters.
- The high point for year-over-year Income from Continuing Operations in five years was Q2 2022 (growth of 342.5%); the low point was Q2 2023 (a decline of 43.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $487.4 million (Q1 2026), $553.1 million (Q4 2025) and $486.6 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 1.13 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 1.86 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 2.53 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 894.00 Mn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 832.09 Mn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 777.70 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 1.08 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 3.64 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 967.00 Mn |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | 1.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 777.70 Mn |
| Mar 31, 2026 | 487.40 Mn |
| Dec 31, 2025 | 553.10 Mn |
| Sep 30, 2025 | 486.60 Mn |
| Jun 30, 2025 | 637.20 Mn |
| Mar 31, 2025 | 279.80 Mn |
| Dec 31, 2024 | 414.00 Mn |
| Sep 30, 2024 | 448.10 Mn |
| Jun 30, 2024 | 358.90 Mn |
| Mar 31, 2024 | 332.60 Mn |
| Dec 31, 2023 | 357.60 Mn |
| Sep 30, 2023 | 279.00 Mn |
| Jun 30, 2023 | 387.50 Mn |
| Mar 31, 2023 | 555.20 Mn |
| Dec 31, 2022 | 395.90 Mn |
| Sep 30, 2022 | 279.30 Mn |
| Jun 30, 2022 | 687.60 Mn |
| Mar 31, 2022 | 168.60 Mn |
| Dec 31, 2021 | -249.20 Mn |
| Sep 30, 2021 | 288.00 Mn |
API Access
Targa Resources Income from Continuing Operations 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=income-from-continuing-operations&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-continuing-operations", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=income-from-continuing-operations&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();