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

Targa Resources (TRGP) has 16 years of Asset Utilization Ratio data on file, last reported at 0.63 in Q1 2026.

• On a quarterly basis, Asset Utilization Ratio fell 12.02% year-over-year to 0.63 in Q1 2026; TTM through Mar 2026 was 0.63, a 12.02% decrease from a year earlier, with the FY2025 full-year figure at 0.71, down 5.91% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 0.63, down from 0.69 in the prior quarter.
• Over the last five years, Asset Utilization Ratio for TRGP reached as high as 2343.12 in Q1 2022 and fell as low as 0.63 in Q1 2026.
• Historically, Asset Utilization Ratio has averaged 164.83 across 5 years, with a median of 0.78 in 2024.
• Across the five-year window, Asset Utilization Ratio surged 106081.75% in 2022 and slumped 99.91% in 2023, its largest moves.
• Year by year, Asset Utilization Ratio stood at 2.12 in 2022, then tumbled by 46.32% to 1.14 in 2023, then tumbled by 35.47% to 0.73 in 2024, then slipped by 6.06% to 0.69 in 2025, then slipped 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.