Targa Resources (TRGP) Non Operating Income (2017 - 2026)
Targa Resources (TRGP) posted quarterly Non Operating Income of -$227.6 million for Q1 2026, down 15.47% year-over-year from -$269.3 million in Q1 2025, and down 5.37% quarter-over-quarter from -$216.0 million in Q4 2025.
Targa Resources (TRGP) Non Operating Income (2017 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Non Operating Income for 10 consecutive years, with -$227.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Non Operating Income fell 15.47% year-over-year to -$227.6 million; the TTM figure through Mar 2026 stood at -$883.3 million (down 20.06% YoY), while the FY2025 annual figure was -$852.8 million, down 11.16% from the prior year.
- Non Operating Income retreated to -$227.6 million in Q1 2026 per TRGP's latest filing, from -$216.0 million in the prior quarter.
- Across five years, Non Operating Income topped out at -$81.2 million in Q2 2022 and bottomed at -$228.6 million in Q1 2024.
- Historically, Non Operating Income has averaged -$175.4 million across 5 years, with a median of -$177.7 million in 2024.
- Annual changes were most pronounced in 2022 — Non Operating Income increased 14.35% — and 2023, when it slumped 105.17%.
- Targa Resources' Non Operating Income stood at -$145.6 million in 2022, then dropped by 22.25% to -$178.0 million in 2023, then advanced by 0.17% to -$177.7 million in 2024, then slipped by 21.55% to -$216.0 million in 2025, then dropped by 5.37% to -$227.6 million in 2026.
- Business Quant data shows TRGP's Non Operating Income at -$227.6 million in Q1 2026, -$216.0 million in Q4 2025, and -$221.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Op. Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | -425.00 Mn |
| 2 | Enbridge | 110.78 Bn | 109.29 Bn | 5.23 Bn | - |
| 3 | Enterprise Products Partners | 83.22 Bn | 82.32 Bn | - | -381.00 Mn |
| 4 | Energy Transfer | 72.29 Bn | 71.26 Bn | 7.40 Bn | - |
| 5 | Tc Energy | 65.94 Bn | 58.38 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.24 Bn | 59.20 Bn | 2.73 Bn | - |
| 7 | Oneok | 59.73 Bn | 59.57 Bn | 2.81 Bn | - |
| 8 | Targa Resources | 58.90 Bn | 58.77 Bn | 2.14 Bn | -236.60 Mn |
| 9 | Cheniere Energy | 55.79 Bn | 54.54 Bn | 5.29 Bn | -282.00 Mn |
| 10 | Venture Global | 34.05 Bn | 30.83 Bn | 2.92 Bn | -435.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -236.60 Mn |
| Mar 31, 2026 | -227.60 Mn |
| Dec 31, 2025 | -216.00 Mn |
| Sep 30, 2025 | -221.30 Mn |
| Jun 30, 2025 | -218.40 Mn |
| Mar 31, 2025 | -197.10 Mn |
| Dec 31, 2024 | -177.70 Mn |
| Sep 30, 2024 | -184.90 Mn |
| Jun 30, 2024 | -176.00 Mn |
| Mar 31, 2024 | -228.60 Mn |
| Dec 31, 2023 | -178.00 Mn |
| Sep 30, 2023 | -175.10 Mn |
| Jun 30, 2023 | -166.60 Mn |
| Mar 31, 2023 | -168.00 Mn |
| Dec 31, 2022 | -145.60 Mn |
| Sep 30, 2022 | -125.80 Mn |
| Jun 30, 2022 | -81.20 Mn |
| Mar 31, 2022 | -93.60 Mn |
| Dec 31, 2021 | -103.70 Mn |
| Sep 30, 2021 | -91.00 Mn |