TTM
$4.98B
YoY change
+17.3%
5Y CAGR
—
Peak year (2025)
$4.85B
Cumulative EBITDA
$27.23B
EBITDA history chart for Targa Resources (TRGP) from 2008 to 2025
Latest: $4.85B
EBITDA growth chart for Targa Resources (TRGP) from 2008 to 2025
Latest: +17.3%
EBITDA history table for Targa Resources (TRGP) from 2008 to 2025
| 2025 | $4.85B | +17.3% | +$715.70M | ||
| 2024 | $4.14B | +4.4% | +$173.00M | ||
| 2023 | $3.97B | +23.5% | +$755.70M | ||
| 2022 | $3.21B | +88.9% | +$1.51B | ||
| 2021 | $1.70B | -642.8% | +$2.01B | ||
| 2020 | −$313.10M | -124.8% | −$1.58B | ||
| 2019 | $1.26B | +10.4% | +$119.30M | ||
| 2018 | $1.14B | +51.6% | +$389.20M | ||
| 2017 | $754.20M | -0.3% | −$2.60M | ||
| 2016 | $756.80M | -5.7% | −$45.70M | ||
| 2015 | $802.50M | -19.0% | −$188.70M | ||
| 2014 | $991.20M | +51.7% | +$337.80M | ||
| 2013 | $653.40M | +27.9% | +$142.70M | ||
| 2012 | $510.70M | -3.0% | −$15.90M | ||
| 2011 | $526.60M | +41.2% | +$153.70M | ||
| 2010 | $372.90M | -7.6% | −$30.70M | ||
| 2009 | $403.60M | -11.8% | −$54.10M | ||
| 2008 | $457.70M | — | — |
- 2025$4.85B+17.3%
- 2024$4.14B+4.4%
- 2023$3.97B+23.5%
- 2022$3.21B+88.9%
- 2021$1.70B-642.8%
- 2020−$313.10M-124.8%
- 2019$1.26B+10.4%
- 2018$1.14B+51.6%
- 2017$754.20M-0.3%
- 2016$756.80M-5.7%
- 2015$802.50M-19.0%
- 2014$991.20M+51.7%
- 2013$653.40M+27.9%
- 2012$510.70M-3.0%
- 2011$526.60M+41.2%
- 2010$372.90M-7.6%
- 2009$403.60M-11.8%
- 2008$457.70M—
EBITDA values are taken from Targa Resources's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Targa Resources (TRGP)
According to Targa Resources's latest reported financial statements, the company's current EBITDA (TTM) is $4.98B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual EBITDA for Targa Resources (TRGP) came in at $4.85B – grew 17.3% year-over-year.
Over 2015–2025 (10 years), Targa Resources EBITDA expanded at a +19.7% compound annual rate, sustaining 5 straight years of year-over-year growth.
Across the available history, EBITDA reached its high of $4.85B in 2025 and its low of −$313.10M in 2020.
Targa Resources EBITDA by Year
Targa Resources EBITDA 2025: $4.85B
Targa Resources posted EBITDA of $4.85B in 2025, grew 17.3% from 2024. This figure represents the highest annual value in the available history.
Targa Resources EBITDA 2024: $4.14B
In 2024, Targa Resources reported EBITDA of $4.14B, edged up 4.4% from 2023.
Targa Resources EBITDA 2023: $3.97B
Targa Resources EBITDA in 2023 was $3.97B, grew 23.5% from 2022.
Targa Resources EBITDA 2022: $3.21B
2022's EBITDA for Targa Resources came in at $3.21B, surged 88.9% from 2021.
Targa Resources EBITDA 2021: $1.70B
Targa Resources EBITDA in 2021 was $1.70B.
See more financial history for Targa Resources (TRGP).
Sector peers by EBITDA
Energy peers of Targa Resources (TRGP), ranked by their latest EBITDA
| $67.86B | |
| $41.42B | |
| $25.57B | |
| $14.67B | |
| $11.68B | |
| $7.41B | |
| $7.15B | |
| $6.72B |
- $67.86B
- $41.42B
- $25.57B
- $14.67B
- $11.68B
- $7.41B
- $7.15B
- $6.72B
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