Targa Resources (TRGP) Growth Rates Comparisons to Natural Gas Utilities Industry, Sector, Market. Sales, Income, EPS
CSIMarket
 
Targa Resources Corp   (NYSE: TRGP)
    Sector • Utilities    Industry • Natural Gas Utilities
   Industry • Natural Gas Utilities
   Sector • Utilities
 

Targa Resources Growth Comparisons

Select each growth Category to receive further Information





TRGP Revenue Growth Rate Comparisons Company Industry Sector S&P 500
Y / Y Revenue Growth (Q3 MRQ) 34.87 % 17.4 % 15.88 % 10.9 %
Q / Q Revenue Growth (Q3 MRQ) 26.09 % -3.86 % 5.26 % 8.32 %
Y / Y Revenue Growth (for 12 months ending Q3 TTM) 4.67 % 6.49 % 8.29 % %
Sequential Revenue Growth (for 12 months ending Q3 TTM) 8.65 % 3.2 % 3.33 % 2.61 %
Revenue 5 Year Average Growth 14.45 % 16.4 % 51.61 % 13.63 %


TRGP's Growth Comparisons in III. Quarter 2026




With 34.87% year on year Revenue increase in the third quarter 2026, Targa Resources outperformed the 17.4% rise in the Natural Gas Utilities industry, and 15.88% improvement in the Utilities sector. Above the average sales gains in the Utilities and in the Natural Gas Utilities industry, helped to elevate overall market growth to 10.9%.

Company's sequential top-line increase was 26.09% from the second quarter. Average annual sales rise for Targa Resources is 14.45%, while S & P 500's average yearly sales growth is 13.63% over the five years, including only Businesses with the third quarter 2026 Results.

TRGP Growth Rates by Company's Segments

Segment Name
Y / Y
Sequential
Product
-
68.08 %
Service
-
54.82 %
Gathering and Processing
1141.92 %
87.39 %
All Other Segments
-
-
Member
-
64.8 %
Logistics and Transportation
-95.43 %
346.78 %
Intersegment Elimination
-
-
Corporate Non Segment and Inter Segment Elimination
-
-
Material Reconciling Items
-
74.26 %
Natural Gas Reserves
-
423.96 %
Natural Gas Liquids Reserves
-
57.01 %
Oil and Condensate
-
53.06 %
Gathering and Processing Fees
-
57 %
NGL Transportation Fractionation and Services
245.57 %
58.8 %
Storage Terminaling and Export
265.9 %
45.18 %
Midstream Services Other
-
13.73 %
Total
34.87 %
26.09 %


Growth Rates of TRGP's Income in the third quarter 2026


TRGP Operating Income Growth Rates Comparisons Company Industry Sector S&P 500
Y / Y Operating Income Change (Q3 MRQ) 30.96 % -11.28 % 1.58 % 97.6 %
Sequential Operating Income Change (Q3 MRQ) -11.22 % -25.17 % -0.66 % 48.13 %
Y / Y Operating Income Growth (Q3 TTM) 31.48 % 11.73 % 9.21 % 40.67 %
Sequential Operating Income Growth (Q3 TTM) 6.75 % -3.09 % -1.42 % 20.86 %
Operating Income 5 Year Avg. Change 76.79 % 28.13 % 23.82 % 18.8 %


Income from Cont. Ops. Growth Rates Comparisons Company Industry Sector S&P 500
Y / Y Income from Cont. Ops. Change (Q3 MRQ) 35.27 % -24.73 % 3.31 % 90.69 %
Sequential Income from Cont. Ops. Change (Q3 MRQ) -15.37 % -59.36 % -17.35 % 27.07 %
Y / Y Income from Cont. Ops. Change (Q3 TTM) 36.25 % 9.47 % 6.87 % 57.33 %
Sequential Income from Cont. Ops. Change (Q3 TTM) 7.45 % -5.36 % -1.83 % 18.65 %
Income from Cont. Ops. 5 Year Avg. Change 116.43 % 50.41 % 25.66 % -28.64 %

TRGP Net Income Growth Rates Comparisons Company Industry Sector S&P 500
Y / Y Net Income Growth (Q3 MRQ) 35.27 % -24.59 % 6.35 % 90.69 %
Q / Q Net Income Growth (Q3 MRQ) -15.37 % -42.35 % 6.49 % 27.07 %
Y / Y Net Income Change (Q3 TTM) 36.25 % 11.3 % 12.3 % 57.33 %
Sequential Net Income Change (Q3 TTM) 7.45 % -5.83 % 1.39 % 18.65 %
Net Income 5 Year Avg. Growth 116.43 % 51.33 % 25.91 % 23.95 %

TRGP's EPS Growth Rates


EPS from Cont. Ops. Growth Rates Comparisons Company Industry Sector S&P 500
Y / Y EPS from Cont. Ops. Change (Q3 MRQ) 38.01 % 51.02 % 3.31 % 90.69 %
Sequential EPS from Cont. Ops. Change (Q3 MRQ) -13.84 % -60.02 % -17.35 % 27.07 %
Y / Y EPS from Cont. Ops. Change (Q3 TTM) 52.28 % - - -
Sequential EPS from Cont. Ops. Change (Q3 TTM) 8.01 % - 22.34 % 4.88 %
EPS from Cont. Ops. 5 Year Avg. Growth - 42.09 % 25.66 % -28.64 %



TRGP EPS Net Growth Rates Comparisons Company Industry Sector S&P 500
Y / Y EPS Net Growth (Q3 MRQ) 38.18 % 51.29 % 6.35 % -28.64 %
Q / Q EPS Net Growth (Q3 MRQ) -14.12 % -43.29 % 6.49 % 27.07 %
Y / Y EPS Net Change (for 12 months ending Q3 TTM) - 83.17 % - 7.62 %
Sequential EPS Net Change (for 12 months ending Q3 TTM) 8.03 % -8.81 % -1.67 % 4.93 %
EPS Net 5 Year Avg. Change - 51.33 % 25.91 % 23.95 %



With 38.18% year on year EPS increase in the third quarter 2026, Targa Resources grew less than the 51.29% increase in the Natural Gas Utilities industry, but beating the 6.35% growth in the Utilities sector. Slow third quarter 2026 income per share, in Natural Gas Utilities industry and Utilities sector, were portrayed in Targa Resources Corp results which underperformed overall market.

Sequentially company's EPS fell by -14.12% from the second quarter results. . Looking into annual growth, income per share grew by 14.45% on average in last five years, while S & P 500's including only Businesses with the third quarter 2026 reports, average yearly income per share growth is 23.95%.

TRGP Cash Flow Growth Rates


Free Cash Flow Growth Rates Company Industry Sector S&P 500
Y / Y Free Cash Flow Change (Q3 MRQ) - -46.18 % - 48.62 %
Sequential Free Cash Flow Change (Q3 MRQ) -72.1 % -18.41 % - 34.18 %
Y / Y Free Cash Flow Change (Q3 TTM) 45.27 % -7.86 % - 60.27 %
Sequential Free Cash Flow Change (Q3 TTM) 26.04 % -11.07 % - 15.75 %
Free Cash Flow 5 Year Avg. Change - 6.06 % 4.25 % 1.79 %

Net Cash Flow Growth Rates Company Industry Sector S&P 500
Y / Y Net Cash Flow Change (Q3 MRQ) - - - 339.02 %
Sequential Net Cash Flow Change (Q3 MRQ) - - - 216.68 %
Y / Y Net Cash Flow Change (Q3 TTM) - - - 209.43 %
Sequential Net Cash Flow Change (Q3 TTM) - - - 152.64 %
Net Cash Flow 5 Year Avg. Change -38.37 % -12.57 % 16.32 % 1.07 %

Capital Expenditures Company Industry Sector S&P 500
Y / Y Capital Expenditures Change (Q3 MRQ) 85.29 % 14.09 % 22.85 % 120.03 %
Sequential Capital Expenditures Change (Q3 MRQ) 23.24 % -16.75 % -12.69 % 36.87 %
Y / Y Capital Expenditures Change (Q3 TTM) 32.95 % 10.91 % 27.42 % 109.38 %
Sequential Capital Expenditures Change (Q3 TTM) 16.17 % 1.67 % 4.41 % 23.05 %
Capital Expenditures 5 Year Avg. Change 2.98 % 21.42 % 11.51 % 14.2 %

Note
To view Detail Information & Trends click on Individual Category.
To see Industry, Sector or S&P 500 Performance, click on each Category respectivly, on the top of the Table.

For explanation of terms visit: Glossary
 







Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.