Targa Resources (TRGP) Profit After Tax (2010 - 2026)
Targa Resources (TRGP) posted quarterly Profit After Tax of $487.4 million for Q1 2026, up 74.2% year-over-year from $279.8 million in Q1 2025, and down 15.78% quarter-over-quarter from $578.7 million in Q4 2025.
Targa Resources (TRGP) Profit After Tax (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Profit After Tax for 17 consecutive years, with $487.4 million the latest figure, recorded in 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 30.41% YoY), while the FY2025 annual figure was $2.0 billion, up 25.95% from the prior year.
- Profit After Tax declined to $487.4 million in Q1 2026 per TRGP's latest filing, from $578.7 million in the prior quarter.
- Across five years, Profit After Tax topped out at $637.2 million in Q2 2025 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Profit After Tax jumped 283.78% — and 2024, when it slumped 50.43%.
- Targa Resources' Profit After Tax stood at $318.0 million in 2022, then surged by 67.61% to $533.0 million in 2023, then increased by 11.16% to $592.5 million in 2024, then declined by 2.33% to $578.7 million in 2025, then dropped by 15.78% to $487.4 million in 2026.
- Business Quant data shows TRGP's Profit After Tax at $487.4 million in Q1 2026, $578.7 million in Q4 2025, and $486.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.04 Bn | 113.17 Bn | 3.07 Bn | 894.00 Mn |
| 2 | Enbridge | 111.19 Bn | 111.69 Bn | 5.23 Bn | 1.13 Bn |
| 3 | Enterprise Products Partners | 83.98 Bn | 83.12 Bn | - | 1.86 Bn |
| 4 | Energy Transfer | 72.48 Bn | 71.45 Bn | 7.40 Bn | 2.53 Bn |
| 5 | Tc Energy | 66.71 Bn | 66.18 Bn | 1.24 Bn | 832.09 Mn |
| 6 | Mplx | 60.30 Bn | 59.27 Bn | 2.73 Bn | 1.09 Bn |
| 7 | Oneok | 59.88 Bn | 59.82 Bn | 2.81 Bn | 967.00 Mn |
| 8 | Targa Resources | 59.14 Bn | 59.14 Bn | 2.14 Bn | 777.70 Mn |
| 9 | Cheniere Energy | 56.12 Bn | 60.17 Bn | 5.29 Bn | 3.64 Bn |
| 10 | Venture Global | 34.82 Bn | 35.11 Bn | 2.92 Bn | 1.42 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 777.70 Mn |
| 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 |