Targa Resources (TRGP) Retained Earnings (2010 - 2026)
Targa Resources (TRGP) reported Retained Earnings of -$14.7 million for Q1 2026, down 340.98% year-over-year from $6.1 million in Q1 2025, and down 100.64% quarter-over-quarter from $2.3 billion in Q4 2025.
Targa Resources (TRGP) Retained Earnings (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has 17 years of Retained Earnings data on file, last reported at -$14.7 million in Q1 2026.
- Retained Earnings for Q1 2026 came in at -$14.7 million, down 340.98% year-over-year; the trailing twelve-month figure through Mar 2026 was -$14.7 million (down 340.98% YoY), and the FY2025 annual result was $2.3 billion, up 8243.27% from the prior year.
- Retained Earnings eased to -$14.7 million in Q1 2026 per TRGP's latest filing, 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.
- A 5-year average of $439.7 million and a median of $54.7 million in 2022 frame the typical range for Retained Earnings.
- The sharpest annual moves came in 2024 and 2026: Retained Earnings jumped 19056.6% in 2024, then sank 340.98% in 2026.
- A 5-year view of Retained Earnings shows it stood at $54.7 million in 2022, then jumped by 799.45% to $492.0 million in 2023, then plunged by 94.41% to $27.5 million in 2024, then jumped by 8243.27% to $2.3 billion in 2025, then plunged by 100.64% to -$14.7 million in 2026.
- Business Quant data shows TRGP's Retained Earnings at -$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 | 88.33 Bn | 89.03 Bn | 6.70 Bn | -14.30 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | -15.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | -9.86 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 72.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 1.63 Bn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 5.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | -14.70 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 2.47 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | -4.25 Bn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | 8.62 Bn |
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 |