Targa Resources (TRGP) Asset Utilization Ratio (2014 - 2026)

Targa Resources' Asset Utilization Ratio history runs 13 years deep, the most recent figure standing at 0.63 for Q1 2026.

• In Q1 2026, Asset Utilization Ratio fell 12.02% year-over-year to 0.63; the TTM figure through Mar 2026 stood at 0.63 (down 12.02% YoY), while the FY2025 annual figure was 0.71, down 5.91% from the prior year.
• Asset Utilization Ratio came in at 0.63 for Q1 2026 at Targa Resources, down from 0.69 in the prior quarter.
• Over five years, Asset Utilization Ratio peaked at 134.12 in Q2 2022 and troughed at 0.63 in Q1 2026.
• The 5-year median for Asset Utilization Ratio is 0.78 (2024), against an average of 9.16.
• The widest annual swing landed in 2022, when Asset Utilization Ratio soared 8946.17%; it then plunged 98.91% in 2023.
• A 5-year view of Asset Utilization Ratio shows it stood at 1.57 in 2022, then tumbled by 38.21% to 0.97 in 2023, then decreased by 24.42% to 0.73 in 2024, then retreated by 6.06% to 0.69 in 2025, then retreated by 8.19% to 0.63 in 2026.
• Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.63 in Q1 2026, 0.69 in Q4 2025, and 0.73 in Q3 2025.