Targa Resources (TRGP) Asset Utilization Ratio (2011 - 2026)

Targa Resources (TRGP) has reported Asset Utilization Ratio for 16 consecutive years, with 0.6 the latest figure, recorded in Q2 2026.

• On a quarterly basis, Asset Utilization Ratio fell 18.38% year-over-year to 0.6 in Q2 2026; TTM through Jun 2026 was 0.6, a 18.38% decrease from a year earlier, with the FY2025 full-year figure at 0.71, down 5.91% from the prior year.
• Asset Utilization Ratio was 0.6 for Q2 2026 at Targa Resources, down from 0.63 in the prior quarter.
• Over five years, Asset Utilization Ratio peaked at 1.37 in Q2 2022 and troughed at 0.6 in Q2 2026.
• A 5-year average of 0.87 and a median of 0.77 in 2024 frame the typical range for Asset Utilization Ratio.
• Across the five-year window, Asset Utilization Ratio jumped 91.87% in 2022 and sank 34.27% in 2023, its largest moves.
• Over 5 years, Asset Utilization Ratio stood at 1.07 in 2022, then dropped by 26.86% to 0.79 in 2023, then retreated by 6.63% to 0.73 in 2024, then declined by 6.06% to 0.69 in 2025, then declined by 12.69% to 0.6 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.6 (Q2 2026), 0.63 (Q1 2026), and 0.69 (Q4 2025), per Business Quant data.