Targa Resources (TRGP) Profit After Tax (2010 - 2026)
Targa Resources' (TRGP) quarterly Profit After Tax came in at $487.4 million in Q1 2026, up 74.2% year-on-year from $279.8 million in Q1 2025, and down 15.78% on a QoQ basis from $578.7 million in Q4 2025.
Targa Resources (TRGP) Profit After Tax (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has 17 years of Profit After Tax data on file, last reported at $487.4 million in Q1 2026.
- On a quarterly basis, Profit After Tax rose 74.2% year-over-year to $487.4 million in Q1 2026; TTM through Mar 2026 was $2.2 billion, a 30.41% increase from a year earlier, with the FY2025 full-year figure at $2.0 billion, up 25.95% from the prior year.
- Profit After Tax for Q1 2026 stood at $487.4 million, down from $578.7 million in the prior quarter.
- Over the last five years, Profit After Tax for TRGP reached as high as $637.2 million in Q2 2025 and fell as low as $168.6 million in Q1 2022.
- Historically, Profit After Tax has averaged $420.2 million across 5 years, with a median of $448.1 million in 2024.
- Across the five-year window, Profit After Tax surged 283.78% in 2022 and plunged 50.43% in 2024, its largest moves.
- Year by year, Profit After Tax stood at $318.0 million in 2022, then jumped by 67.61% to $533.0 million in 2023, then gained by 11.16% to $592.5 million in 2024, then retreated by 2.33% to $578.7 million in 2025, then fell by 15.78% to $487.4 million in 2026.
- Per Business Quant data, the three most recent Profit After Tax figures were $487.4 million in Q1 2026, $578.7 million in Q4 2025, and $486.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 164.53 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 19.51 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 894.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 847.60 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.25 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 487.40 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 776.00 Mn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 912.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 487.40 Mn |
| Dec 31, 2025 | 578.70 Mn |
| Sep 30, 2025 | 486.60 Mn |
| Jun 30, 2025 | 637.20 Mn |
| Mar 31, 2025 | 279.80 Mn |
| Dec 31, 2024 | 592.50 Mn |
| Sep 30, 2024 | 448.10 Mn |
| Jun 30, 2024 | 358.90 Mn |
| Mar 31, 2024 | 275.20 Mn |
| Dec 31, 2023 | 533.00 Mn |
| Sep 30, 2023 | 220.00 Mn |
| Jun 30, 2023 | 329.30 Mn |
| Mar 31, 2023 | 555.20 Mn |
| Dec 31, 2022 | 318.00 Mn |
| Sep 30, 2022 | 279.30 Mn |
| Jun 30, 2022 | 596.40 Mn |
| Mar 31, 2022 | 168.60 Mn |
| Dec 31, 2021 | -313.60 Mn |
| Sep 30, 2021 | 288.00 Mn |
| Jun 30, 2021 | 155.40 Mn |