Targa Resources (TRGP) Profit After Tax (2010 - 2026)
Targa Resources' (TRGP) quarterly Profit After Tax came in at $777.7 million in Q2 2026, up 22.05% year-over-year from $637.2 million in Q2 2025, and up 59.56% quarter-over-quarter from $487.4 million in Q1 2026.
Analysis
Targa Resources (TRGP) Profit After Tax (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Profit After Tax for 17 consecutive years, with $777.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Profit After Tax rose 22.05% year-over-year to $777.7 million in Q2 2026; TTM through Jun 2026 was $2.3 billion, a 29.55% 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 was $777.7 million for Q2 2026 at Targa Resources, up from $487.4 million in the prior quarter.
- Over five years, Profit After Tax peaked at $777.7 million in Q2 2026 and troughed at $168.6 million in Q1 2022.
- A 5-year average of $438.1 million and a median of $405.0 million in 2022 frame the typical range for Profit After Tax.
- Across the five-year window, Profit After Tax jumped 342.47% in 2022 and sank 43.64% in 2023, its largest moves.
- Over 5 years, Profit After Tax stood at $395.9 million in 2022, then fell by 9.67% to $357.6 million in 2023, then advanced by 15.77% to $414.0 million in 2024, then surged by 33.6% to $553.1 million in 2025, then jumped by 40.61% to $777.7 million in 2026.
- The last three Profit After Tax figures came in at $777.7 million (Q2 2026), $487.4 million (Q1 2026), and $553.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 894.00 Mn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 1.86 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 2.53 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 832.09 Mn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 777.70 Mn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.09 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 967.00 Mn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 1.13 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 512.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 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 |