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

Targa Resources (TRGP) has 13 years of Asset Utilization Ratio data on file, last reported at 0.63 in Q1 2026.

• Asset Utilization Ratio for Q1 2026 came in at 0.63, down 12.02% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.63 (down 12.02% YoY), and the FY2025 annual result was 0.71, down 5.91% from the prior year.
• Asset Utilization Ratio fell to 0.63 in Q1 2026 per TRGP's latest filing, 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.
• A 5-year average of 9.16 and a median of 0.78 in 2024 frame the typical range for Asset Utilization Ratio.
• The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio surged 8946.17% in 2022, then tumbled 98.91% in 2023.
• A 5-year view of Asset Utilization Ratio shows it stood at 1.57 in 2022, then slumped by 38.21% to 0.97 in 2023, then retreated by 24.42% to 0.73 in 2024, then fell by 6.06% to 0.69 in 2025, then fell by 8.19% to 0.63 in 2026.
• Business Quant data shows TRGP's Asset Utilization Ratio at 0.63 in Q1 2026, 0.69 in Q4 2025, and 0.73 in Q3 2025.