Targa Resources (TRGP) Capital Leases (2019 - 2026)
Targa Resources (TRGP) reported Capital Leases of $249.6 million for Q1 2026, up 5.85% year-over-year from $235.8 million in Q1 2025, and down 4.15% quarter-over-quarter from $260.4 million in Q4 2025.
Targa Resources (TRGP) Capital Leases (2019 - 2026) Analysis & Trends
Targa Resources (TRGP) has 8 years of Capital Leases data on file, last reported at $249.6 million in Q1 2026.
- Capital Leases for Q1 2026 came in at $249.6 million, up 5.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $249.6 million (up 5.85% YoY), and the FY2025 annual result was $260.4 million, up 8.32% from the prior year.
- Capital Leases fell to $249.6 million in Q1 2026 per TRGP's latest filing, from $260.4 million in the prior quarter.
- Over five years, Capital Leases peaked at $267.7 million in Q3 2025 and troughed at $13.6 million in Q1 2022.
- A 5-year average of $199.3 million and a median of $237.3 million in 2024 frame the typical range for Capital Leases.
- The sharpest annual moves came in 2022 and 2023: Capital Leases retreated 19.53% in 2022, then surged 1436.03% in 2023.
- A 5-year view of Capital Leases shows it stood at $193.0 million in 2022, then increased by 26.48% to $244.1 million in 2023, then slipped by 1.52% to $240.4 million in 2024, then gained by 8.32% to $260.4 million in 2025, then fell by 4.15% to $249.6 million in 2026.
- Business Quant data shows TRGP's Capital Leases at $249.6 million in Q1 2026, $260.4 million in Q4 2025, and $267.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 15.70 Mn |