Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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