Targa Resources Corp. (TRGP) stock
TRGPNYSENatural Gas TransmissionFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 10/3027% above fair value
$296.30+4.52 (+1.55%)
Close on Nov 12, 2026Market cap $63.54BP/E 26.2Yield 1.27%
Targa Resources ebitda
EBITDA is earnings before interest, taxes, depreciation and amortization, a rough measure of cash profit from operations.
Targa Resources's ebitda for the twelve months ending Sep 30, 2026 was $5.82B, up 26.1% year over year. For fiscal 2025 it was $4.85B, up 17.7% from the year before. Over ten years it grew 19.7% a year on average. The highest annual figure on record is $4.85B in fiscal 2025.
Annual ebitda
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.85B | +17.7% |
| FY2024 | Dec 31, 2024 | $4.12B | +4.1% |
| FY2023 | Dec 31, 2023 | $3.96B | +40.0% |
| FY2022 | Dec 31, 2022 | $2.83B | +62.8% |
| FY2021 | Dec 31, 2021 | $1.74B | – |
| FY2020 | Dec 31, 2020 | -$438.60M | -137.7% |
| FY2019 | Dec 31, 2019 | $1.16B | +10.5% |
| FY2018 | Dec 31, 2018 | $1.05B | +53.3% |
| FY2017 | Dec 31, 2017 | $687.10M | -15.5% |
| FY2016 | Dec 31, 2016 | $813.50M | +1.2% |
| FY2015 | Dec 31, 2015 | $803.80M | -18.9% |
| FY2014 | Dec 31, 2014 | $991.50M | +54.9% |
| FY2013 | Dec 31, 2013 | $640.10M | +19.9% |
| FY2012 | Dec 31, 2012 | $533.90M | +0.3% |
| FY2011 | Dec 31, 2011 | $532.10M | +39.4% |
| FY2010 | Dec 31, 2010 | $381.60M | -1.5% |
| FY2009 | Dec 31, 2009 | $387.50M | – |
Quarterly ebitda
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $1.56B | +27.5% |
| Q2 FY2026 | Jun 30, 2026 | $1.69B | +19.9% |
| Q1 FY2026 | Mar 31, 2026 | $1.27B | +39.7% |
| Q4 FY2025 | Dec 31, 2025 | $1.31B | +21.2% |
| Q3 FY2025 | Sep 30, 2025 | $1.22B | +12.6% |
| Q2 FY2025 | Jun 30, 2025 | $1.41B | +44.2% |
| Q1 FY2025 | Mar 31, 2025 | $910.90M | -7.0% |
| Q4 FY2024 | Dec 31, 2024 | $1.08B | +10.5% |
| Q3 FY2024 | Sep 30, 2024 | $1.08B | +29.6% |
| Q2 FY2024 | Jun 30, 2024 | $975.80M | -0.6% |
| Q1 FY2024 | Mar 31, 2024 | $979.90M | -15.6% |
| Q4 FY2023 | Dec 31, 2023 | $976.70M | +10.8% |
| Q3 FY2023 | Sep 30, 2023 | $836.40M | +16.6% |
| Q2 FY2023 | Jun 30, 2023 | $981.20M | +35.9% |
| Q1 FY2023 | Mar 31, 2023 | $1.16B | +130.0% |
| Q4 FY2022 | Dec 31, 2022 | $881.20M | +587.9% |
| Q3 FY2022 | Sep 30, 2022 | $717.20M | +21.7% |
| Q2 FY2022 | Jun 30, 2022 | $721.80M | +57.7% |
| Q1 FY2022 | Mar 31, 2022 | $504.90M | -9.9% |
| Q4 FY2021 | Dec 31, 2021 | $128.10M | -73.5% |
| Q3 FY2021 | Sep 30, 2021 | $589.30M | +18.0% |
| Q2 FY2021 | Jun 30, 2021 | $457.70M | +9.6% |
| Q1 FY2021 | Mar 31, 2021 | $560.30M | – |
| Q4 FY2020 | Dec 31, 2020 | $483.00M | +110.9% |
| Q3 FY2020 | Sep 30, 2020 | $499.20M | +74.6% |
| Q2 FY2020 | Jun 30, 2020 | $417.60M | +19.0% |
| Q1 FY2020 | Mar 31, 2020 | -$1.84B | -715.5% |
| Q4 FY2019 | Dec 31, 2019 | $229.00M | +79.0% |
| Q3 FY2019 | Sep 30, 2019 | $285.90M | +1.0% |
| Q2 FY2019 | Jun 30, 2019 | $350.90M | -2.0% |
| Q1 FY2019 | Mar 31, 2019 | $298.70M | +5.0% |
| Q4 FY2018 | Dec 31, 2018 | $127.90M | -60.1% |
| Q3 FY2018 | Sep 30, 2018 | $283.00M | – |
| Q2 FY2018 | Jun 30, 2018 | $358.00M | +48.8% |
| Q1 FY2018 | Mar 31, 2018 | $284.40M | +17.7% |
| Q4 FY2017 | Dec 31, 2017 | $320.20M | +231.8% |
| Q3 FY2017 | Sep 30, 2017 | -$115.30M | – |
| Q2 FY2017 | Jun 30, 2017 | $240.60M | – |
| Q1 FY2017 | Mar 31, 2017 | $241.60M | – |
| Q4 FY2016 | Dec 31, 2016 | $96.50M | – |
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