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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)

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

  • On a quarterly basis, Debt Ratio rose 10.87% to 0.69 in Q4 2025 year-over-year; TTM through Dec 2025 was 0.69, a 10.87% increase, with the full-year FY2025 number at 0.69, up 10.87% from a year prior.
  • Debt Ratio was 0.69 for Q4 2025 at Targa Resources, down from 0.72 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 9326.0 in Q2 2022 to a low of 0.42 in Q3 2021.
  • A 5-year average of 558.09 and a median of 0.71 in 2025 define the central range for Debt Ratio.
  • Biggest YoY gain for Debt Ratio was 104557.16% in 2023; the steepest drop was 99.99% in 2023.
  • Targa Resources' Debt Ratio stood at 0.43 in 2021, then soared by 35.96% to 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.
  • 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).