Targa Resources (TRGP) Price to Earnings (2011 - 2026)
Targa Resources' (TRGP) Price to Earnings came in at 25.36 for Q2 2026, up 3.7% from 24.45 a year earlier and up 0.4% from the prior quarter.
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Analysis
Targa Resources (TRGP) Price to Earnings (2011 - 2026) Analysis & Trends
For FY2025, Targa Resources' Price to Earnings stood at 21.38, down 29.6% from FY2024.
- In prior years, Targa Resources' Price to Earnings was 30.39 in FY2024 (+31.3%), 23.14 in FY2023 (+24.9%) and 18.53 in FY2022.
- The Q2 2026 figure stands as the highest quarterly Price to Earnings since Q1 2025.
- On a year-over-year basis, Price to Earnings increased in four of the last eight quarters, with growth averaging 4.1%.
- The strongest year-over-year quarter for Price to Earnings in the past five years was Q1 2025, with growth of 60.8%; the weakest was Q2 2023, with a decline of 68.7%.
- According to Business Quant data, Price to Earnings for the three prior quarters was 25.25 (Q1 2026), 21.38 (Q4 2025) and 22.14 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.05 Bn | 98.59 Bn | 4.84 Bn |
| 2 | Williams Companies | 84.68 Bn | 83.39 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 77.03 Bn | 75.46 Bn | - |
| 4 | Energy Transfer | 69.18 Bn | 62.61 Bn | 7.40 Bn |
| 5 | Kinder Morgan | 67.95 Bn | 68.90 Bn | 3.07 Bn |
| 6 | Tc Energy | 61.01 Bn | 64.08 Bn | 2.81 Bn |
| 7 | Targa Resources | 59.91 Bn | 59.53 Bn | 2.14 Bn |
| 8 | Mplx | 57.11 Bn | 50.67 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 56.26 Bn | 56.39 Bn | 5.29 Bn |
| 10 | Oneok | 54.95 Bn | 53.44 Bn | 2.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.36 |
| Mar 31, 2026 | 25.25 |
| Dec 31, 2025 | 21.38 |
| Sep 30, 2025 | 22.14 |
| Jun 30, 2025 | 24.45 |
| Mar 31, 2025 | 36.21 |
| Dec 31, 2024 | 30.39 |
| Sep 30, 2024 | 26.03 |
| Jun 30, 2024 | 26.28 |
| Mar 31, 2024 | 22.52 |
| Dec 31, 2023 | 23.14 |
| Sep 30, 2023 | 21.89 |
| Jun 30, 2023 | 20.14 |
| Mar 31, 2023 | 18.54 |
| Dec 31, 2022 | 18.53 |
| Sep 30, 2022 | 56.07 |
| Jun 30, 2022 | 64.27 |
| Sep 30, 2021 | 35.36 |
| Jun 30, 2021 | 52.09 |
| Mar 31, 2021 | 34.64 |
API Access
Targa Resources Price to Earnings 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=price-to-earnings&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();