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Targa Resources (TRGP) Operating Income (2016 - 2025)

Targa Resources (TRGP) has disclosed Operating Income for 13 consecutive years, with $917.4 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Income rose 157.77% to $917.4 million in Q4 2025 year-over-year; TTM through Dec 2025 was $3.3 billion, a 718.68% increase, with the full-year FY2025 number at $3.3 billion, up 718.48% from a year prior.
  • Operating Income was $917.4 million for Q4 2025 at Targa Resources, up from $836.9 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $1.0 billion in Q2 2025 to a low of -$1.6 billion in Q4 2024.
  • A 5-year average of $222.1 million and a median of $478.5 million in 2022 define the central range for Operating Income.
  • Peak YoY movement for Operating Income: crashed 178.82% in 2021, then surged 182.86% in 2023.
  • Targa Resources' Operating Income stood at -$938.3 million in 2021, then grew by 4.2% to -$898.9 million in 2022, then plummeted by 76.1% to -$1.6 billion in 2023, then decreased by 0.31% to -$1.6 billion in 2024, then skyrocketed by 157.77% to $917.4 million in 2025.
  • Per Business Quant, the three most recent readings for TRGP's Operating Income are $917.4 million (Q4 2025), $836.9 million (Q3 2025), and $1.0 billion (Q2 2025).