Targa Resources Net Income

The latest net income for TRGP is $2.3B as of June 2026. That compares with $1.6B in the prior-year period — up 38.8% year over year. That is below the Energy sector average of $51B. Investors often review this figure alongside Targa Resources's historical trend and sector peers before judging valuation or financial health.

Over the past year, TRGP's net income moved from $1.6B to $2.3B — a 38.8% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Targa Resources's operating scale or balance-sheet position.

Against Energy companies, TRGP currently prints $2.3B for net income, while the sector average sits near $51B. That is roughly 95.5% below the sector mean. Large gaps often invite a closer look at Targa Resources's growth, margins, and balance sheet.

A net income figure of $2.3B for TRGP is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Energy average is about $51B. Explore the charts below for those layers of context.

After noting TRGP's net income ($2.3B), review year-over-year change from $1.6B, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.