Targa Resources (TRGP) Price to Earnings (2010 - 2026)
Targa Resources' (TRGP) quarterly Price to Earnings came in at 75.2 in Q2 2026, up 26.1% year-over-year from 59.63 in Q2 2025, and down 33.01% quarter-over-quarter from 112.26 in Q1 2026.
Analysis
Targa Resources (TRGP) Price to Earnings (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Price to Earnings for 17 consecutive years, with 75.2 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Earnings rose 26.1% year-over-year to 75.2 in Q2 2026; TTM through Jun 2026 was 25.36, a 3.72% increase from a year earlier, with the FY2025 full-year figure at 21.38, down 29.65% from the prior year.
- Price to Earnings was 75.2 for Q2 2026 at Targa Resources, down from 112.26 in the prior quarter.
- Over five years, Price to Earnings peaked at 2618.51 in Q1 2023 and troughed at 36.35 in Q2 2022.
- A 5-year average of 294.65 and a median of 79.33 in 2024 frame the typical range for Price to Earnings.
- Across the five-year window, Price to Earnings soared 2156.19% in 2022 and plunged 96.55% in 2024, its largest moves.
- Over 5 years, Price to Earnings stood at 52.26 in 2022, then surged by 32.06% to 69.02 in 2023, then soared by 77.06% to 122.2 in 2024, then sank by 40.53% to 72.67 in 2025, then advanced by 3.48% to 75.2 in 2026.
- The last three Price to Earnings figures came in at 75.2 (Q2 2026), 112.26 (Q1 2026), and 72.67 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 75.20 |
| Mar 31, 2026 | 112.26 |
| Dec 31, 2025 | 72.67 |
| Sep 30, 2025 | 75.24 |
| Jun 30, 2025 | 59.63 |
| Mar 31, 2025 | 217.97 |
| Dec 31, 2024 | 122.20 |
| Sep 30, 2024 | 83.41 |
| Jun 30, 2024 | 94.56 |
| Mar 31, 2024 | 90.40 |
| Dec 31, 2023 | 69.02 |
| Sep 30, 2023 | 86.92 |
| Jun 30, 2023 | 51.78 |
| Mar 31, 2023 | 2,618.51 |
| Dec 31, 2022 | 52.26 |
| Sep 30, 2022 | 70.70 |
| Jun 30, 2022 | 36.35 |
| Mar 31, 2022 | 1,314.56 |
| Dec 31, 2021 | -35.55 |
| Sep 30, 2021 | 70.24 |