Targa Resources (TRGP) Income towards Parent Company (2010 - 2026)
Targa Resources' Income towards Parent Company came in at $764.6 million for Q2 2026, up 21.5% from $629.1 million a year earlier and up 59.4% from the prior quarter.
Targa Resources (TRGP) Income towards Parent Company (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Targa Resources reported Income towards Parent Company of $2.27 billion, up 38.4% year-over-year; for FY2025, it came in at $1.92 billion, up 46.6% from FY2024.
- Going back by year, Income towards Parent Company was $1.31 billion in FY2024 (-2.5%), $1.35 billion in FY2023 (+12.6%), $1.2 billion in FY2022 and $71.2 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Income towards Parent Company in data going back to Q2 2010.
- Year-over-year, Income towards Parent Company has increased for five consecutive quarters, with growth averaging 47.5% over the last eight quarters.
- The fastest year-over-year change in Income towards Parent Company over five years came in Q2 2022 (growth of 961.2%), and the weakest in Q2 2023 (a decline of 44.8%).
- Business Quant data shows TRGP's Income towards Parent Company at $479.6 million (Q1 2026), $545 million (Q4 2025) and $478.4 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 764.60 Mn |
| Mar 31, 2026 | 479.60 Mn |
| Dec 31, 2025 | 545.00 Mn |
| Sep 30, 2025 | 478.40 Mn |
| Jun 30, 2025 | 629.10 Mn |
| Mar 31, 2025 | 270.50 Mn |
| Dec 31, 2024 | 351.00 Mn |
| Sep 30, 2024 | 387.40 Mn |
| Jun 30, 2024 | 298.50 Mn |
| Mar 31, 2024 | 275.20 Mn |
| Dec 31, 2023 | 299.60 Mn |
| Sep 30, 2023 | 220.00 Mn |
| Jun 30, 2023 | 329.30 Mn |
| Mar 31, 2023 | 497.00 Mn |
| Dec 31, 2022 | 318.00 Mn |
| Sep 30, 2022 | 193.10 Mn |
| Jun 30, 2022 | 596.40 Mn |
| Mar 31, 2022 | 88.00 Mn |
| Dec 31, 2021 | -313.60 Mn |
| Sep 30, 2021 | 182.20 Mn |
Targa Resources Income towards Parent Company 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-towards-parent-company&ticker=TRGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-towards-parent-company", "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-towards-parent-company&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();