Targa Resources (TRGP) Capital Leases (2019 - 2026)
Targa Resources (TRGP) recorded Capital Leases of $687.1 million in Q2 2026, up 186.8% from $239.6 million a year earlier and up 175.3% from the prior quarter.
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Analysis
Targa Resources (TRGP) Capital Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Targa Resources reported Capital Leases of $260.4 million, up 8.3% from FY2024.
- Annual Capital Leases has a five-year compound annual growth rate of 69.3% (FY2020 to FY2025).
- Across earlier years, Capital Leases came in at $240.4 million in FY2024 (-1.5%), $244.1 million in FY2023 (+26.5%), $193 million in FY2022 and $13.7 million in FY2021 (-26.7%).
- The Q2 2026 figure is the highest quarterly Capital Leases in data going back to Q4 2019.
- On a year-over-year basis, Capital Leases has increased for four consecutive quarters, with growth averaging 26.5% over the last eight quarters.
- Peak year-over-year performance for Capital Leases in the last five years was growth of 497.5% in Q3 2023, against a decline of 29.0% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $249.6 million (Q1 2026), $260.4 million (Q4 2025) and $267.7 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 687.10 Mn |
| Mar 31, 2026 | 249.60 Mn |
| Dec 31, 2025 | 260.40 Mn |
| Sep 30, 2025 | 267.70 Mn |
| Jun 30, 2025 | 239.60 Mn |
| Mar 31, 2025 | 235.80 Mn |
| Dec 31, 2024 | 240.40 Mn |
| Sep 30, 2024 | 237.30 Mn |
| Jun 30, 2024 | 242.50 Mn |
| Mar 31, 2024 | 233.00 Mn |
| Dec 31, 2023 | 244.10 Mn |
| Sep 30, 2023 | 238.40 Mn |
| Jun 30, 2023 | 224.80 Mn |
| Mar 31, 2023 | 208.90 Mn |
| Dec 31, 2022 | 193.00 Mn |
| Sep 30, 2022 | 39.90 Mn |
| Jun 30, 2022 | 19.60 Mn |
| Mar 31, 2022 | 13.60 Mn |
| Dec 31, 2021 | 13.70 Mn |
| Sep 30, 2021 | 14.70 Mn |
API Access
Targa Resources Capital Leases 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=capital-leases&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "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=capital-leases&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();