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| 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 |