Targa Resources (TRGP) Profit After Tax (2010 - 2026)
Targa Resources (TRGP) recorded Profit After Tax of $777.7 million in Q2 2026, up 22.0% from $637.2 million a year earlier and up 59.6% from the prior quarter.
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Analysis
Targa Resources (TRGP) Profit After Tax (2010 - 2026) Analysis & Trends
On a TTM basis, Targa Resources' Profit After Tax came in at $2.3 billion as of Jun 30, 2026, up 29.5% year-over-year; for FY2025, it came in at $1.96 billion, up 26.0% from FY2024.
- Across earlier years, Profit After Tax came in at $1.55 billion in FY2024 (-1.6%), $1.58 billion in FY2023 (+3.1%), $1.53 billion in FY2022 (+262.8%) and $422.1 million in FY2021.
- The Q2 2026 figure is the highest quarterly Profit After Tax in data going back to Q2 2010.
- On a year-over-year basis, Profit After Tax has increased for five consecutive quarters, with growth averaging 34.6% over the last eight quarters.
- Peak year-over-year performance for Profit After Tax in the last five years was growth of 342.5% in Q2 2022, against a decline of 43.6% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $487.4 million (Q1 2026), $553.1 million (Q4 2025) and $486.6 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 1.13 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 1.86 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 2.53 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 894.00 Mn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 1.05 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 777.70 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 1.09 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 3.64 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 967.00 Mn |
| 10 | Venture Global | 31.49 Bn | 26.04 Bn | 2.92 Bn | 1.42 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 777.70 Mn |
| Mar 31, 2026 | 487.40 Mn |
| Dec 31, 2025 | 553.10 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 | 358.90 Mn |
| Mar 31, 2024 | 332.60 Mn |
| Dec 31, 2023 | 357.60 Mn |
| Sep 30, 2023 | 279.00 Mn |
| Jun 30, 2023 | 387.50 Mn |
| Mar 31, 2023 | 555.20 Mn |
| Dec 31, 2022 | 395.90 Mn |
| Sep 30, 2022 | 279.30 Mn |
| Jun 30, 2022 | 687.60 Mn |
| Mar 31, 2022 | 168.60 Mn |
| Dec 31, 2021 | -249.20 Mn |
| Sep 30, 2021 | 288.00 Mn |
API Access
Targa Resources Profit After Tax 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=profit-after-tax&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "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=profit-after-tax&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();