Targa Resources (TRGP) Capital Leases (2019 - 2026)

Targa Resources (TRGP) posted quarterly 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 reported Capital Leases for 8 consecutive years, with $249.6 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Capital Leases rose 5.85% year-over-year to $249.6 million; the TTM figure through Mar 2026 stood at $249.6 million (up 5.85% YoY), while the FY2025 annual figure was $260.4 million, up 8.32% from the prior year.
  • Capital Leases eased to $249.6 million in Q1 2026 per TRGP's latest filing, from $260.4 million in the prior quarter.
  • Across five years, Capital Leases topped out at $267.7 million in Q3 2025 and bottomed at $13.6 million in Q1 2022.
  • Historically, Capital Leases has averaged $199.3 million across 5 years, with a median of $237.3 million in 2024.
  • Annual changes were most pronounced in 2022 — Capital Leases retreated 19.53% — and 2023, when it surged 1436.03%.
  • Targa Resources' Capital Leases stood at $193.0 million in 2022, then rose by 26.48% to $244.1 million in 2023, then dropped by 1.52% to $240.4 million in 2024, then advanced by 8.32% to $260.4 million in 2025, then retreated 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 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn
2 Enbridge 110.89 Bn 109.40 Bn 5.23 Bn
3 Enterprise Products Partners 83.45 Bn 82.54 Bn -
4 Energy Transfer 72.67 Bn 71.64 Bn 7.40 Bn
5 Tc Energy 65.89 Bn 58.33 Bn 1.24 Bn
6 Oneok 60.12 Bn 59.96 Bn 2.81 Bn
7 Mplx 59.97 Bn 58.94 Bn 2.73 Bn
8 Targa Resources 59.56 Bn 59.43 Bn 2.14 Bn
9 Cheniere Energy 56.12 Bn 54.86 Bn 5.29 Bn
10 Venture Global 34.39 Bn 31.17 Bn 2.92 Bn

Historic Data

Download Data
DateValue
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