Targa Resources (TRGP) Income from Continuing Operations (2010 - 2026)
Targa Resources (TRGP) reported Income from Continuing Operations of 487400000.0 for Q1 2026, up 74.2% year-over-year from 279800000.0 in Q1 2025, and down 54.44% quarter-over-quarter from 1069700000.0 in Q4 2025.
Targa Resources (TRGP) Income from Continuing Operations (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has 17 years of Income from Continuing Operations data on file, last reported at 487400000.0 in Q1 2026.
- Income from Continuing Operations for Q1 2026 came in at 487400000.0, up 74.2% year-over-year; the trailing twelve-month figure through Mar 2026 was 2680900000.0 (up 78.63% YoY), and the FY2025 annual result was 2473300000.0, up 59.21% from the prior year.
- Income from Continuing Operations retreated to 487400000.0 in Q1 2026 per TRGP's latest filing, from 1069700000.0 in the prior quarter.
- Over five years, Income from Continuing Operations peaked at 1069700000.0 in Q4 2025 and troughed at 168600000.0 in Q1 2022.
- A 5-year average of 476452941.18 and a median of 448100000.0 in 2024 frame the typical range for Income from Continuing Operations.
- The sharpest annual moves came in 2022 and 2023: Income from Continuing Operations surged 342.47% in 2022, then plunged 43.64% in 2023.
- A 5-year view of Income from Continuing Operations shows it stood at 521000000.0 in 2022, then jumped by 35.74% to 707200000.0 in 2023, then slumped by 41.46% to 414000000.0 in 2024, then surged by 158.38% to 1069700000.0 in 2025, then sank by 54.44% to 487400000.0 in 2026.
- Business Quant data shows TRGP's Income from Continuing Operations at 487400000.0 in Q1 2026, 1069700000.0 in Q4 2025, and 486600000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income (Continuing) (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.50 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.00 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.98 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 239.84 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 922.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 487.40 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 776.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 918.59 Mn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | -3.41 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 487.40 Mn |
| Dec 31, 2025 | 1.07 Bn |
| 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 | 707.20 Mn |
| Sep 30, 2023 | 279.00 Mn |
| Jun 30, 2023 | 387.50 Mn |
| Mar 31, 2023 | 555.20 Mn |
| Dec 31, 2022 | 521.00 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 |
| Jun 30, 2021 | 155.40 Mn |