Targa Resources (TRGP) Retained Earnings (2010 - 2026)
Targa Resources (TRGP) recorded Retained Earnings of $3.05 billion in Q2 2026, up 78.9% from $1.71 billion a year earlier and up 19.3% from the prior quarter.
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Analysis
Targa Resources (TRGP) Retained Earnings (2010 - 2026) Analysis & Trends
At the end of FY2025, Targa Resources reported Retained Earnings of $2.29 billion, up 92.8% from FY2024.
- Across earlier years, Retained Earnings came in at $1.19 billion in FY2024 (+141.9%), $492 million in FY2023, -$626.8 million in FY2022 and -$1.82 billion in FY2021.
- The Q2 2026 figure is the highest quarterly Retained Earnings in data going back to Q4 2010.
- On a year-over-year basis, Retained Earnings has increased for nine consecutive quarters, with growth averaging 118.9% over the last eight quarters.
- The year-over-year growth in Retained Earnings has ranged between 78.9% (Q2 2026) and 292.9% (Q2 2024) over the last five years.
- Per Business Quant, the preceding three quarters came in at $2.56 billion (Q1 2026), $2.29 billion (Q4 2025) and $1.97 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.58 Bn | 100.18 Bn | 4.84 Bn | -14.31 Bn |
| 2 | Williams Companies | 86.03 Bn | 84.75 Bn | 2.54 Bn | -11.83 Bn |
| 3 | Enterprise Products Partners | 80.00 Bn | 78.39 Bn | - | - |
| 4 | Kinder Morgan | 74.74 Bn | 74.44 Bn | 3.07 Bn | -9.66 Bn |
| 5 | Energy Transfer | 69.45 Bn | 62.63 Bn | 7.40 Bn | - |
| 6 | Tc Energy | 64.24 Bn | 60.32 Bn | 2.81 Bn | -4.14 Bn |
| 7 | Targa Resources | 62.85 Bn | 62.33 Bn | 2.14 Bn | 3.05 Bn |
| 8 | Cheniere Energy | 59.18 Bn | 54.01 Bn | 5.29 Bn | 11.57 Bn |
| 9 | Mplx | 59.17 Bn | 52.74 Bn | 2.91 Bn | - |
| 10 | Oneok | 58.67 Bn | 57.06 Bn | 2.81 Bn | 2.76 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.05 Bn |
| Mar 31, 2026 | 2.56 Bn |
| Dec 31, 2025 | 2.29 Bn |
| Sep 30, 2025 | 1.97 Bn |
| Jun 30, 2025 | 1.71 Bn |
| Mar 31, 2025 | 1.30 Bn |
| Dec 31, 2024 | 1.19 Bn |
| 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 | 305.50 Mn |
| Jun 30, 2023 | 199.50 Mn |
| Mar 31, 2023 | -129.80 Mn |
| Dec 31, 2022 | -626.80 Mn |
| Sep 30, 2022 | -944.80 Mn |
| Jun 30, 2022 | -1.14 Bn |
| Mar 31, 2022 | -1.73 Bn |
| Dec 31, 2021 | -1.82 Bn |
| Sep 30, 2021 | -1.51 Bn |
API Access
Targa Resources Retained Earnings 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=retained-earnings&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();