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

Targa Resources' Debt Ratio history runs 17 years deep, the most recent figure standing at 0.71 for Q1 2026.

• In Q1 2026, Debt Ratio fell 0.72% year-over-year to 0.71; the TTM figure through Mar 2026 stood at 0.71 (down 0.72% YoY), while the FY2025 annual figure was 0.69, up 10.87% from the prior year.
• Debt Ratio came in at 0.71 for Q1 2026 at Targa Resources, up 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.
• The 5-year median for Debt Ratio is 0.71 (2025), against an average of 6.26.
• The widest annual swing landed in 2022, when Debt Ratio soared 10380.39%; it then sank 97.98% in 2023.
• A 5-year view of Debt Ratio shows it stood at 0.59 in 2022, then rose by 6.25% to 0.63 in 2023, then fell by 0.5% to 0.62 in 2024, then rose by 10.87% to 0.69 in 2025, then increased by 2.1% to 0.71 in 2026.
• Per Business Quant data, the three most recent Debt Ratio figures were 0.71 in Q1 2026, 0.69 in Q4 2025, and 0.72 in Q3 2025.