Growth Metrics

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

Targa Resources (TRGP) has disclosed Debt Ratio for 13 consecutive years, with 0.69 as the latest value for Q4 2025.

  • Quarterly Debt Ratio rose 10.87% to 0.69 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.69 through Dec 2025, up 10.87% year-over-year, with the annual reading at 0.69 for FY2025, 10.87% up from the prior year.
  • Debt Ratio for Q4 2025 was 0.69 at Targa Resources, down from 0.72 in the prior quarter.
  • The five-year high for Debt Ratio was 9326.0 in Q2 2022, with the low at 0.47 in Q1 2021.
  • Average Debt Ratio over 5 years is 473.71, with a median of 0.72 recorded in 2025.
  • The sharpest move saw Debt Ratio surged 893955.3% in 2022, then tumbled 99.99% in 2023.
  • Over 5 years, Debt Ratio stood at 42.78 in 2021, then plummeted by 98.62% to 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.
  • According to Business Quant data, Debt Ratio over the past three periods came in at 0.69, 0.72, and 0.72 for Q4 2025, Q3 2025, and Q2 2025 respectively.