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 10.57% sequentially from $545.0 million in Q4 2025.

Targa Resources (TRGP) Profit After Tax (2010 - 2026) Analysis & Trends

Targa Resources' Profit After Tax history runs 17 years deep, the most recent figure standing at $487.4 million for Q1 2026.

  • In Q1 2026, Profit After Tax rose 74.2% year-over-year to $487.4 million; the TTM figure through Mar 2026 stood at $2.2 billion (up 49.69% YoY), while the FY2025 annual figure was $1.9 billion, up 23.79% from the prior year.
  • Profit After Tax came in at $487.4 million for Q1 2026 at Targa Resources, down from $545.0 million in the prior quarter.
  • Over five years, Profit After Tax peaked at $637.2 million in Q2 2025 and troughed at $88.0 million in Q1 2022.
  • The 5-year median for Profit After Tax is $414.0 million (2024), against an average of $402.8 million.
  • Peak annual rise in Profit After Tax reached 961.21% in 2022, while the deepest fall reached 39.89% in 2022.
  • A 5-year view of Profit After Tax shows it stood at $318.0 million in 2022, then surged by 67.61% to $533.0 million in 2023, then dropped by 22.33% to $414.0 million in 2024, then surged by 31.64% to $545.0 million in 2025, then retreated by 10.57% 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, $545.0 million in Q4 2025, and $486.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 1.30 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 976.00 Mn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.50 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.25 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 487.40 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 912.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 774.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 186.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 625.00 Mn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn 152.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 487.40 Mn
Dec 31, 2025 545.00 Mn
Sep 30, 2025 486.60 Mn
Jun 30, 2025 637.20 Mn
Mar 31, 2025 279.80 Mn
Dec 31, 2024 414.00 Mn
Sep 30, 2024 448.10 Mn
Jun 30, 2024 298.50 Mn
Mar 31, 2024 332.60 Mn
Dec 31, 2023 533.00 Mn
Sep 30, 2023 220.00 Mn
Jun 30, 2023 387.50 Mn
Mar 31, 2023 497.00 Mn
Dec 31, 2022 318.00 Mn
Sep 30, 2022 279.30 Mn
Jun 30, 2022 596.40 Mn
Mar 31, 2022 88.00 Mn
Dec 31, 2021 -600.10 Mn
Sep 30, 2021 288.00 Mn
Jun 30, 2021 56.20 Mn