Targa Resources (TRGP) Retained Earnings (2010 - 2026)
Targa Resources' (TRGP) quarterly Retained Earnings came in at $3.1 billion in Q2 2026, up 2.49% year-over-year from $3.1 billion in Q2 2025, and up 0.58% quarter-over-quarter from $3.1 billion in Q1 2026.
Analysis
Targa Resources (TRGP) Retained Earnings (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Retained Earnings for 17 consecutive years, with $3.1 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Retained Earnings rose 2.49% year-over-year to $3.1 billion in Q2 2026; TTM through Jun 2026 was $3.1 billion, a 2.49% increase from a year earlier, with the FY2025 full-year figure at $3.1 billion, changed 0.03% from the prior year.
- Retained Earnings was $3.1 billion for Q2 2026 at Targa Resources, up from $3.1 billion in the prior quarter.
- Over five years, Retained Earnings peaked at $4.1 billion in Q1 2022 and troughed at $3.0 billion in Q1 2025.
- A 5-year average of $3.3 billion and a median of $3.1 billion in 2024 frame the typical range for Retained Earnings.
- Across the five-year window, Retained Earnings fell 23.75% in 2023 and climbed 2.49% in 2026, its largest moves.
- Over 5 years, Retained Earnings stood at $3.7 billion in 2022, then slipped by 17.38% to $3.1 billion in 2023, then grew by 0.99% to $3.1 billion in 2024, then retreated by 0.03% to $3.1 billion in 2025, then climbed by 1.33% to $3.1 billion in 2026.
- The last three Retained Earnings figures came in at $3.1 billion (Q2 2026), $3.1 billion (Q1 2026), and $3.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 41.32 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 174.00 Mn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 49.00 Mn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | -4.25 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 3.13 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 5.00 Mn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 21.01 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | -14.70 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | - |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | 420.86 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.13 Bn |
| Mar 31, 2026 | 3.11 Bn |
| Dec 31, 2025 | 3.09 Bn |
| Sep 30, 2025 | 3.07 Bn |
| Jun 30, 2025 | 3.05 Bn |
| Mar 31, 2025 | 3.04 Bn |
| Dec 31, 2024 | 3.09 Bn |
| Sep 30, 2024 | 3.11 Bn |
| Jun 30, 2024 | 3.09 Bn |
| Mar 31, 2024 | 3.07 Bn |
| Dec 31, 2023 | 3.06 Bn |
| Sep 30, 2023 | 3.06 Bn |
| Jun 30, 2023 | 3.05 Bn |
| Mar 31, 2023 | 3.15 Bn |
| Dec 31, 2022 | 3.70 Bn |
| Sep 30, 2022 | 3.77 Bn |
| Jun 30, 2022 | 3.83 Bn |
| Mar 31, 2022 | 4.13 Bn |
| Dec 31, 2021 | 4.27 Bn |
| Sep 30, 2021 | 4.30 Bn |