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Targa Resources (TRGP) Debt Ratio (2016 - 2025)

Historic Debt Ratio for Targa Resources (TRGP) over the last 13 years, with Q3 2025 value amounting to 0.72.

  • Targa Resources' Debt Ratio rose 1079.71% to 0.72 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.72, marking a year-over-year increase of 1079.71%. This contributed to the annual value of 0.62 for FY2024, which is 50.28% down from last year.
  • As of Q3 2025, Targa Resources' Debt Ratio stood at 0.72, which was up 1079.71% from 0.72 recorded in Q2 2025.
  • In the past 5 years, Targa Resources' Debt Ratio registered a high of 0.72 during Q3 2025, and its lowest value of 0.42 during Q3 2021.
  • Moreover, its 5-year median value for Debt Ratio was 0.63 (2024), whereas its average is 0.59.
  • Per our database at Business Quant, Targa Resources' Debt Ratio tumbled by 1381.92% in 2021 and then skyrocketed by 3596.26% in 2022.
  • Over the past 5 years, Targa Resources' Debt Ratio (Quarter) stood at 0.43 in 2021, then surged by 35.96% to 0.59 in 2022, then grew by 6.25% to 0.63 in 2023, then decreased by 0.5% to 0.62 in 2024, then rose by 15.65% to 0.72 in 2025.
  • Its last three reported values are 0.72 in Q3 2025, 0.72 for Q2 2025, and 0.71 during Q1 2025.