Targa Resources (TRGP) Current Leases (2019 - 2026)
Targa Resources (TRGP) recorded Current Leases of $111.5 million in Q3 2026, up 24.9% from $89.3 million a year earlier and up 4.2% from the prior quarter.
Targa Resources (TRGP) Current Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Targa Resources reported Current Leases of $93.1 million, up 61.4% from FY2024.
- Annual Current Leases has increased for five straight years, with a five-year compound annual growth rate of 50.4% (FY2020 to FY2025).
- Across earlier years, Current Leases came in at $57.7 million in FY2024 (+26.3%), $45.7 million in FY2023 (+33.2%), $34.3 million in FY2022 (+168.0%) and $12.8 million in FY2021 (+5.8%).
- The Q3 2026 figure is the highest quarterly Current Leases in data going back to Q1 2019.
- On a year-over-year basis, Current Leases has increased for 21 consecutive quarters, with growth averaging 45.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Current Leases ranged from 5.8% (Q4 2021) to 168.0% (Q4 2022).
- Per Business Quant, the preceding three quarters came in at $107 million (Q2 2026), $96.9 million (Q1 2026) and $93.1 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | - |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | - |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | - |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | - |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | - |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 111.50 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | - |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | - |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 111.50 Mn |
| Jun 30, 2026 | 107.00 Mn |
| Mar 31, 2026 | 96.90 Mn |
| Dec 31, 2025 | 93.10 Mn |
| Sep 30, 2025 | 89.30 Mn |
| Jun 30, 2025 | 64.90 Mn |
| Mar 31, 2025 | 60.40 Mn |
| Dec 31, 2024 | 57.70 Mn |
| Sep 30, 2024 | 53.30 Mn |
| Jun 30, 2024 | 51.20 Mn |
| Mar 31, 2024 | 46.10 Mn |
| Dec 31, 2023 | 45.70 Mn |
| Sep 30, 2023 | 42.00 Mn |
| Jun 30, 2023 | 38.10 Mn |
| Mar 31, 2023 | 35.00 Mn |
| Dec 31, 2022 | 34.30 Mn |
| Sep 30, 2022 | 16.50 Mn |
| Jun 30, 2022 | 14.60 Mn |
| Mar 31, 2022 | 13.80 Mn |
| Dec 31, 2021 | 12.80 Mn |
Targa Resources Current Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-leases&ticker=TRGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-leases&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();