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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 - 2026)

Targa Resources has reported Debt Ratio over the past 14 years, most recently at 0.69 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 was 0.69 for Q4 2025 at Targa Resources, down from 0.72 in the prior quarter.
  • Over five years, Debt Ratio peaked at 9326.0 in Q2 2022 and troughed at 0.47 in Q1 2021.
  • The 5-year median for Debt Ratio is 0.72 (2025), against an average of 473.71.
  • Year-over-year, Debt Ratio skyrocketed 893955.3% in 2022 and then plummeted 99.99% in 2023.
  • A 5-year view of Debt Ratio shows it stood at 42.78 in 2021, then tumbled by 98.62% to 0.59 in 2022, then increased by 6.25% to 0.63 in 2023, then decreased by 0.5% to 0.62 in 2024, then increased by 10.87% to 0.69 in 2025.
  • Per Business Quant, the three most recent readings for TRGP's Debt Ratio are 0.69 (Q4 2025), 0.72 (Q3 2025), and 0.72 (Q2 2025).