TRGP Targa Resources Earnings and EPS analysis

EPS in 2025 (TTM): $7

Last Report Period Date: Jun 30, 2025

As of August this year, based on Targa Resources's most recent financial report, the company's trailing twelve months EPS is $7. During 2024, TRGP reported a per-share earnings of $5.77, which shows a rise compared to the EPS of $3.69 recorded in 2023. Targa Resources's EPS for the quarterly period ending on Jun 30, 2025 came in at $2.88.

TRGP earnings history

Historical annual and quarterly earnings per share (EPS) data for Targa Resources
EPS (TTM)
$7
EPS Growth YoY (Quarterly)
114.9%
EPS (Quarterly)
$2.88
EPS Growth (Quarterly)
216.5%

The yearly earnings per share during 2024 was $5.77, a rise of 56.4% compared to $3.69 recorded in 2023. Over the quarter ending Jun 30, 2025, the earnings per share came in at $2.88, reflecting a 114.9% increase compared to the same quarter a year earlier. As of June 2025, the TTM EPS is $7. During 2023, the annual earnings per share was $3.69, representing a decrease of 6.6% compared to 2022.

TRGP EPS growth

Earnings per share growth rates over time
EPS Growth YoY (Quarterly)
114.9%
EPS growth YoY
56.4%
EPS growth 3Y avg
N/A
EPS growth 5Y avg
N/A

Targa Resources has recorded a growth in earnings per share of 114.9% over the past 12 months (YoY, quarterly). Over the last decade, TRGP had an average annual earnings per share growth of 9%.

TRGP Earnings Waterfall

Breakdown of revenue, profit and net income for Targa Resources

TRGP Earnings vs Peers

What are the earnings of TRGP compared to its peers
Stock name Price to Earnings EPS grwoth 1Y EPS grwoth 3Y EPS grwoth 5Y
EPD Enterprise Products Partners Lp 11.71 6.7% 8.4% 5.2%
MUR Murphy Oil Corp 11.78 -36.4% N/A -17.3%
XOM Exxon Mobil Corp 15.13 -11.8% 13.3% 18.5%
CVX Chevron Corp 20.07 -14.5% 6.2% 44.5%
TRGP Targa Resources Corp 23.31 56.4% N/A N/A

All data is based on quarterly TTM periods, unless otherwise specified.