Targa Resources (TRGP) Share-based Compensation (2011 - 2026)
Targa Resources' Share-based Compensation was $18 million in Q2 2026, up 5.3% from $17.1 million a year earlier but down 22.4% from the prior quarter.
Targa Resources (TRGP) Share-based Compensation (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Targa Resources' Share-based Compensation was $76 million through Jun 30, 2026, up 11.4% year-over-year; for FY2025, it was $69.5 million, up 10.0% from FY2024.
- Share-based Compensation has now increased for three consecutive years, with a five-year compound annual growth rate of 1.0% (FY2020 to FY2025).
- In earlier years, Share-based Compensation was $63.2 million in FY2024 (+1.3%), $62.4 million in FY2023 (+8.5%), $57.5 million in FY2022 (-2.9%) and $59.2 million in FY2021 (-10.6%).
- Quarterly Share-based Compensation has moved between $13.5 million (Q1 2022) and $23.2 million (Q1 2026) over five years.
- Compared with a year earlier, Share-based Compensation has increased for three straight quarters, with growth averaging 10.8% over the last eight quarters.
- The best year-over-year quarter for Share-based Compensation over five years was Q1 2026 (growth of 31.8%); the worst was Q4 2021 (a decline of 12.6%).
- Per Business Quant data, TRGP's Share-based Compensation in the three quarters before Q2 2026 was $23.2 million (Q1 2026), $17.3 million (Q4 2025) and $17.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | - |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 46.00 Mn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 18.00 Mn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | - |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | - |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 37.00 Mn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 15.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.00 Mn |
| Mar 31, 2026 | 23.20 Mn |
| Dec 31, 2025 | 17.30 Mn |
| Sep 30, 2025 | 17.50 Mn |
| Jun 30, 2025 | 17.10 Mn |
| Mar 31, 2025 | 17.60 Mn |
| Dec 31, 2024 | 15.80 Mn |
| Sep 30, 2024 | 17.70 Mn |
| Jun 30, 2024 | 15.10 Mn |
| Mar 31, 2024 | 14.60 Mn |
| Dec 31, 2023 | 16.70 Mn |
| Sep 30, 2023 | 15.70 Mn |
| Jun 30, 2023 | 15.00 Mn |
| Mar 31, 2023 | 15.00 Mn |
| Dec 31, 2022 | 15.70 Mn |
| Sep 30, 2022 | 14.50 Mn |
| Jun 30, 2022 | 13.80 Mn |
| Mar 31, 2022 | 13.50 Mn |
| Dec 31, 2021 | 14.60 Mn |
| Sep 30, 2021 | 14.70 Mn |
Targa Resources Share-based Compensation 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=share-based-compensation&ticker=TRGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();