Targa Resources (TRGP) Change in Inventory (2011 - 2026)

Targa Resources' (TRGP) quarterly Change in Inventory came in at -$96.0 million in Q1 2026, down 21.83% year-on-year from -$122.8 million in Q1 2025, and down 67.83% on a QoQ basis from -$57.2 million in Q4 2025.

Targa Resources (TRGP) Change in Inventory (2011 - 2026) Analysis & Trends

Targa Resources (TRGP) has 16 years of Change in Inventory data on file, last reported at -$96.0 million in Q1 2026.

  • On a quarterly basis, Change in Inventory fell 21.83% year-over-year to -$96.0 million in Q1 2026; TTM through Mar 2026 was $72.3 million, a 108.36% increase from a year earlier, with the FY2025 full-year figure at $89.5 million, up 367.16% from the prior year.
  • Change in Inventory for Q1 2026 stood at -$96.0 million, down from -$57.2 million in the prior quarter.
  • Over the last five years, Change in Inventory for TRGP reached as high as $269.3 million in Q3 2022 and fell as low as -$237.5 million in Q1 2023.
  • Historically, Change in Inventory has averaged $9.4 million across 5 years, with a median of -$55.9 million in 2022.
  • Across the five-year window, Change in Inventory surged 681.75% in 2022 and plunged 324.87% in 2023, its largest moves.
  • Year by year, Change in Inventory stood at -$84.3 million in 2022, then sank by 101.78% to -$170.1 million in 2023, then soared by 52.56% to -$80.7 million in 2024, then rose by 29.12% to -$57.2 million in 2025, then slumped by 67.83% to -$96.0 million in 2026.
  • Per Business Quant data, the three most recent Change in Inventory figures were -$96.0 million in Q1 2026, -$57.2 million in Q4 2025, and $41.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -5.56 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 2.69 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn -31.00 Mn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn -
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn -
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn -96.00 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 173.00 Mn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 6.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -96.00 Mn
Mar 31, 2026 -96.00 Mn
Dec 31, 2025 -57.20 Mn
Dec 31, 2025 -57.20 Mn
Sep 30, 2025 41.30 Mn
Sep 30, 2025 41.30 Mn
Jun 30, 2025 184.20 Mn
Jun 30, 2025 184.20 Mn
Mar 31, 2025 -78.80 Mn
Mar 31, 2025 -78.80 Mn
Dec 31, 2024 -80.70 Mn
Dec 31, 2024 -80.70 Mn
Sep 30, 2024 107.40 Mn
Sep 30, 2024 107.40 Mn
Jun 30, 2024 86.80 Mn
Jun 30, 2024 86.80 Mn
Mar 31, 2024 -147.00 Mn
Mar 31, 2024 -147.00 Mn
Dec 31, 2023 -170.10 Mn
Dec 31, 2023 -170.10 Mn