Targa Resources (TRGP) Retained Earnings (2010 - 2026)
Targa Resources' (TRGP) quarterly Retained Earnings came in at $2.6 billion in Q1 2026, up 41816.39% year-on-year from N/an in Q1 2025, and down 17.2% on a QoQ basis from $3.1 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 $2.6 billion in Q1 2026.
- On a quarterly basis, Retained Earnings rose 41816.39% year-over-year to $2.6 billion in Q1 2026; TTM through Mar 2026 was $2.6 billion, a 41816.39% increase from a year earlier, with the FY2025 full-year figure at $3.1 billion, up 11129.45% from the prior year.
- Retained Earnings for Q1 2026 stood at $2.6 billion, down from $3.1 billion in the prior quarter.
- Over the last five years, Retained Earnings for TRGP reached as high as $3.8 billion in Q2 2022 and fell as low as -$1.7 billion in Q1 2022.
- Historically, Retained Earnings has averaged $927.8 million across 5 years, with a median of $65.1 million in 2024.
- Across the five-year window, Retained Earnings slumped 139.76% in 2022 and jumped 41816.39% in 2026, its largest moves.
- Year by year, Retained Earnings stood at -$626.8 million in 2022, then soared by 113.66% to $85.6 million in 2023, then plunged by 67.87% to $27.5 million in 2024, then jumped by 11129.45% to $3.1 billion in 2025, then slipped by 17.2% to $2.6 billion in 2026.
- Per Business Quant data, the three most recent Retained Earnings figures were $2.6 billion in Q1 2026, $3.1 billion in Q4 2025, and $57.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 1.23 Bn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 704.30 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 41.32 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | -14.30 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | -15.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | -4.25 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 72.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 2.56 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 2.47 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 5.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.56 Bn |
| Dec 31, 2025 | 3.09 Bn |
| Sep 30, 2025 | 57.40 Mn |
| Jun 30, 2025 | 43.20 Mn |
| Mar 31, 2025 | 6.10 Mn |
| Dec 31, 2024 | 27.50 Mn |
| Sep 30, 2024 | 65.10 Mn |
| Jun 30, 2024 | 3.09 Bn |
| Mar 31, 2024 | 33.90 Mn |
| Dec 31, 2023 | 85.60 Mn |
| Sep 30, 2023 | 3.06 Bn |
| Jun 30, 2023 | 3.05 Bn |
| Mar 31, 2023 | 84.80 Mn |
| Dec 31, 2022 | -626.80 Mn |
| Sep 30, 2022 | -944.80 Mn |
| Jun 30, 2022 | 3.83 Bn |
| Mar 31, 2022 | -1.73 Bn |
| Dec 31, 2021 | 4.27 Bn |
| Sep 30, 2021 | 4.30 Bn |
| Jun 30, 2021 | -1.69 Bn |