Market Cap for Targa Resources (TRGP)
According to Targa Resources's latest reported financial statements, the company's latest reported market cap is $39.67B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
TRGP
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Latest period
$39.67B
YoY change
+35.6%
5Y CAGR
+35.1%
Peak year (2026)
$53.78B
Latest annual
$53.78B
Market Cap history chart for Targa Resources (TRGP) from 2010 to 2026
Market Cap history table for Targa Resources (TRGP) from 2010 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $53.78B | +35.6% | ||
| 2025 | $39.67B | +0.4% | ||
| 2024 | $39.50B | +101.2% | ||
| 2023 | $19.63B | +15.6% | ||
| 2022 | $16.99B | +42.2% | ||
| 2021 | $11.94B | +95.0% | ||
| 2020 | $6.13B | -35.5% | ||
| 2019 | $9.49B | +17.6% | ||
| 2018 | $8.08B | -19.4% | ||
| 2017 | $10.02B | -3.3% | ||
| 2016 | $10.36B | +614.1% | ||
| 2015 | $1.45B | -67.5% | ||
| 2014 | $4.46B | +20.3% | ||
| 2013 | $3.71B | +68.1% | ||
| 2012 | $2.21B | +31.1% | ||
| 2011 | $1.68B | +50.3% | ||
| 2010 | $1.12B | — |
Market Cap values are taken from Targa Resources's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2026 reading of Targa Resources (TRGP) market cap is $53.78B – surged 35.6% year-over-year.
Through 2021–2026 (5 years), Targa Resources market cap delivered a +35.1% annualised rate; sustaining 6 straight years of year-over-year growth.
The highest annual market cap of $53.78B was reported in 2026. The lowest in the available history was $1.12B in 2010.
Targa Resources (TRGP) sits 9th of 8 Energy peers we track on this metric, against a peer median of $102.52B.
Targa Resources Market Cap by Year
Targa Resources Market Cap 2026: $53.78B
Targa Resources market cap in 2026 was $53.78B, surged 35.6% from 2025. This figure represents the highest annual value in the available history.
Targa Resources Market Cap 2025: $39.67B
Targa Resources market cap in 2025 was $39.67B, edged up 0.4% from 2024.
Targa Resources Market Cap 2024: $39.50B
Targa Resources market cap in 2024 was $39.50B, surged 101.2% from 2023.
Targa Resources Market Cap 2023: $19.63B
Targa Resources market cap in 2023 was $19.63B, grew 15.6% from 2022.
Targa Resources Market Cap 2022: $16.99B
Targa Resources market cap in 2022 was $16.99B.
See more financial history for Targa Resources (TRGP).
Sector peers — Market Cap
Companies in the same sector as Targa Resources, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $625.81B | Energy |
| Chevron Corporation (CVX) | $375.85B | Energy |
| ConocoPhillips (COP) | $151.53B | Energy |
| Enbridge Inc. (ENB) | $115.72B | Energy |
| The Williams Companies, Inc. (WMB) | $89.32B | Energy |
| SLB N.V. (SLB) | $83.54B | Energy |
| EOG Resources, Inc. (EOG) | $72.74B | Energy |
| Valero Energy Corporation (VLO) | $71.85B | Energy |
Frequently asked questions
What is Targa Resources's market cap?
- Latest reported market cap for Targa Resources (TRGP) is $39.67B (period ending December 31, 2025).
How has Targa Resources market cap changed year-over-year?
- Targa Resources (TRGP) market cap changed +35.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Targa Resources market cap?
- Targa Resources (TRGP) market cap compound annual growth rate is +35.1% over the most recent 5 years available.
When did Targa Resources market cap hit its highest annual value?
- Targa Resources market cap reached its highest annual value of $53.78B in 2026.
What was Targa Resources market cap in 2025?
- Targa Resources (TRGP) market cap in 2025 was $39.67B.
What was Targa Resources market cap in 2026?
- Targa Resources (TRGP) market cap in 2026 was $53.78B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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TRGP Overview
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