Targa Resources (TRGP) Change in Receivables (2011 - 2026)
Targa Resources' (TRGP) quarterly Change in Receivables came in at $198.0 million in Q1 2026, up 191.2% year-on-year from $68.0 million in Q1 2025, and up 127.32% on a QoQ basis from $87.1 million in Q4 2025.
Targa Resources (TRGP) Change in Receivables (2011 - 2026) Analysis & Trends
Targa Resources (TRGP) has 16 years of Change in Receivables data on file, last reported at $198.0 million in Q1 2026.
- On a quarterly basis, Change in Receivables rose 191.2% year-over-year to $198.0 million in Q1 2026; TTM through Mar 2026 was $304.3 million, a 397.46% increase from a year earlier, with the FY2025 full-year figure at -$110.8 million, down 247.73% from the prior year.
- Change in Receivables for Q1 2026 stood at $198.0 million, up from $87.1 million in the prior quarter.
- Over the last five years, Change in Receivables for TRGP reached as high as $315.5 million in Q3 2023 and fell as low as -$440.8 million in Q1 2023.
- Historically, Change in Receivables has averaged -$2.2 million across 5 years, with a median of $34.7 million in 2022.
- On a YoY basis, Change in Receivables climbed as much as 415.99% in 2022 and fell as far as 530.37% in 2022.
- Year by year, Change in Receivables stood at -$140.3 million in 2022, then jumped by 255.24% to $217.8 million in 2023, then surged by 44.35% to $314.4 million in 2024, then plunged by 72.3% to $87.1 million in 2025, then soared by 127.32% to $198.0 million in 2026.
- Per Business Quant data, the three most recent Change in Receivables figures were $198.0 million in Q1 2026, $87.1 million in Q4 2025, and $121.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -30.42 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | -26.00 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 | 198.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 656.00 Mn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 24.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 198.00 Mn |
| Mar 31, 2026 | 198.00 Mn |
| Dec 31, 2025 | 87.10 Mn |
| Dec 31, 2025 | 87.10 Mn |
| Sep 30, 2025 | 121.90 Mn |
| Sep 30, 2025 | 121.90 Mn |
| Jun 30, 2025 | -102.70 Mn |
| Jun 30, 2025 | -102.70 Mn |
| Mar 31, 2025 | -217.10 Mn |
| Mar 31, 2025 | -217.10 Mn |
| Dec 31, 2024 | 314.40 Mn |
| Dec 31, 2024 | 314.40 Mn |
| Sep 30, 2024 | 63.50 Mn |
| Sep 30, 2024 | 63.50 Mn |
| Jun 30, 2024 | -263.10 Mn |
| Jun 30, 2024 | -263.10 Mn |
| Mar 31, 2024 | -39.80 Mn |
| Mar 31, 2024 | -39.80 Mn |
| Dec 31, 2023 | 217.80 Mn |
| Dec 31, 2023 | 217.80 Mn |