Targa Resources (TRGP) Debt Ratio (2010 - 2026)

Targa Resources (TRGP) has reported Debt Ratio for 17 consecutive years, with 0.69 the latest figure, recorded in Q2 2026.

• On a quarterly basis, Debt Ratio fell 4.2% year-over-year to 0.69 in Q2 2026; TTM through Jun 2026 was 0.69, a 4.2% decrease from a year earlier, with the FY2025 full-year figure at 0.69, up 10.87% from the prior year.
• Debt Ratio was 0.69 for Q2 2026 at Targa Resources, down from 0.71 in the prior quarter.
• Over five years, Debt Ratio peaked at 0.72 in Q3 2025 and troughed at 0.47 in Q1 2022.
• A 5-year average of 0.64 and a median of 0.64 in 2023 frame the typical range for Debt Ratio.
• Across the five-year window, Debt Ratio jumped 35.96% in 2022 and slipped 4.2% in 2026, its largest moves.
• Over 5 years, Debt Ratio stood at 0.59 in 2022, then grew by 6.25% to 0.63 in 2023, then dropped by 0.5% to 0.62 in 2024, then grew by 10.87% to 0.69 in 2025, then declined by 0.68% to 0.69 in 2026.
• The last three Debt Ratio figures came in at 0.69 (Q2 2026), 0.71 (Q1 2026), and 0.69 (Q4 2025), per Business Quant data.