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

Targa Resources (TRGP) has 17 years of Debt Ratio data on file, last reported at 0.71 in Q1 2026.

• Debt Ratio for Q1 2026 came in at 0.71, down 0.72% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.71 (down 0.72% YoY), and the FY2025 annual result was 0.69, up 10.87% from the prior year.
• Debt Ratio climbed to 0.71 in Q1 2026 per TRGP's latest filing, from 0.69 in the prior quarter.
• Over five years, Debt Ratio peaked at 49.38 in Q1 2022 and troughed at 0.59 in Q4 2022.
• A 5-year average of 6.26 and a median of 0.71 in 2025 frame the typical range for Debt Ratio.
• The sharpest annual moves came in 2022 and 2023: Debt Ratio surged 10380.39% in 2022, then plunged 97.98% in 2023.
• A 5-year view of Debt Ratio shows it stood at 0.59 in 2022, then increased by 6.25% to 0.63 in 2023, then declined by 0.5% to 0.62 in 2024, then increased by 10.87% to 0.69 in 2025, then grew by 2.1% to 0.71 in 2026.
• Business Quant data shows TRGP's Debt Ratio at 0.71 in Q1 2026, 0.69 in Q4 2025, and 0.72 in Q3 2025.