Targa Resources (TRGP) Assets (2010 - 2026)
Targa Resources (TRGP) reported Assets of $28.52 billion for Q2 2026, up 21.3% from $23.51 billion a year earlier and up 5.2% from the prior quarter.
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Analysis
Targa Resources (TRGP) Assets (2010 - 2026) Analysis & Trends
At the end of FY2025, Targa Resources posted Assets of $25.22 billion, up 10.9% from FY2024.
- Assets has increased for four consecutive years, with a five-year compound annual growth rate of 9.7% (FY2020 to FY2025).
- By year, Assets came in at $22.73 billion in FY2024 (+10.0%), $20.67 billion in FY2023 (+5.7%), $19.56 billion in FY2022 (+28.6%) and $15.21 billion in FY2021 (-4.2%).
- The Q2 2026 figure ranks as the highest quarterly Assets in data going back to Q4 2010.
- Year over year, Assets has now increased in each of the last 16 quarters, with growth averaging 12.5% over the last eight quarters.
- The high point for year-over-year Assets in five years was Q4 2022 (growth of 28.6%); the low point was Q4 2021 (a decline of 4.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $27.11 billion (Q1 2026), $25.22 billion (Q4 2025) and $24.17 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 167.46 Bn |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 81.76 Bn |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 148.17 Bn |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 74.06 Bn |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 28.52 Bn |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 42.97 Bn |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 47.97 Bn |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 68.55 Bn |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn | 61.52 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.52 Bn |
| Mar 31, 2026 | 27.11 Bn |
| Dec 31, 2025 | 25.22 Bn |
| Sep 30, 2025 | 24.17 Bn |
| Jun 30, 2025 | 23.51 Bn |
| Mar 31, 2025 | 22.80 Bn |
| Dec 31, 2024 | 22.73 Bn |
| Sep 30, 2024 | 21.90 Bn |
| Jun 30, 2024 | 21.26 Bn |
| Mar 31, 2024 | 20.85 Bn |
| Dec 31, 2023 | 20.67 Bn |
| Sep 30, 2023 | 20.19 Bn |
| Jun 30, 2023 | 19.46 Bn |
| Mar 31, 2023 | 19.03 Bn |
| Dec 31, 2022 | 19.56 Bn |
| Sep 30, 2022 | 19.39 Bn |
| Jun 30, 2022 | 15.33 Bn |
| Mar 31, 2022 | 15.30 Bn |
| Dec 31, 2021 | 15.21 Bn |
| Sep 30, 2021 | 15.97 Bn |
API Access
Targa Resources Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=assets&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();