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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

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.
  • Over the past 5 years, Targa Resources' Debt Ratio peaked at 0.72 during Q3 2025, and registered a low of 0.42 during Q3 2021.
  • Its 5-year average for Debt Ratio is 0.59, with a median of 0.63 in 2024.
  • Per our database at Business Quant, Targa Resources' Debt Ratio tumbled by 1381.92% in 2021 and then skyrocketed by 3596.26% in 2022.
  • Quarter analysis of 5 years shows Targa Resources' Debt Ratio 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 Debt Ratio was 0.72 in Q3 2025, compared to 0.72 in Q2 2025 and 0.71 in Q1 2025.