Targa Resources (TRGP) Retained Earnings (2010 - 2026)
Targa Resources' (TRGP) quarterly Retained Earnings came in at -$14.7 million in Q1 2026, down 340.98% year-on-year from $6.1 million in Q1 2025, and down 100.64% sequentially from $2.3 billion in Q4 2025.
Targa Resources (TRGP) Retained Earnings (2010 - 2026) Analysis & Trends
Targa Resources' Retained Earnings history runs 17 years deep, the most recent figure standing at -$14.7 million for Q1 2026.
- In Q1 2026, Retained Earnings fell 340.98% year-over-year to -$14.7 million; the TTM figure through Mar 2026 stood at -$14.7 million (down 340.98% YoY), while the FY2025 annual figure was $2.3 billion, up 8243.27% from the prior year.
- Retained Earnings came in at -$14.7 million for Q1 2026 at Targa Resources, down from $2.3 billion in the prior quarter.
- Over five years, Retained Earnings peaked at $2.3 billion in Q4 2025 and troughed at -$1.1 billion in Q2 2022.
- The 5-year median for Retained Earnings is $54.7 million (2022), against an average of $439.7 million.
- The widest annual swing landed in 2024, when Retained Earnings surged 19056.6%; it then slumped 340.98% in 2026.
- A 5-year view of Retained Earnings shows it stood at $54.7 million in 2022, then surged by 799.45% to $492.0 million in 2023, then sank by 94.41% to $27.5 million in 2024, then surged by 8243.27% to $2.3 billion in 2025, then sank by 100.64% to -$14.7 million in 2026.
- Per Business Quant data, the three most recent Retained Earnings figures were -$14.7 million in Q1 2026, $2.3 billion in Q4 2025, and $2.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | -14.30 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | -9.86 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | -15.00 Mn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 72.00 Mn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | -14.70 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 5.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 2.47 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | -2.86 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 5.16 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -14.70 Mn |
| Dec 31, 2025 | 2.29 Bn |
| Sep 30, 2025 | 1.97 Bn |
| Jun 30, 2025 | 1.71 Bn |
| Mar 31, 2025 | 6.10 Mn |
| Dec 31, 2024 | 27.50 Mn |
| Sep 30, 2024 | 1.00 Bn |
| Jun 30, 2024 | 783.90 Mn |
| Mar 31, 2024 | 654.10 Mn |
| Dec 31, 2023 | 492.00 Mn |
| Sep 30, 2023 | -5.30 Mn |
| Jun 30, 2023 | 199.50 Mn |
| Mar 31, 2023 | -129.80 Mn |
| Dec 31, 2022 | 54.70 Mn |
| Sep 30, 2022 | -6.70 Mn |
| Jun 30, 2022 | -1.14 Bn |
| Mar 31, 2022 | -418.40 Mn |
| Dec 31, 2021 | -1.82 Bn |
| Sep 30, 2021 | -1.51 Bn |
| Jun 30, 2021 | -1.69 Bn |