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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 to Equity (2016 - 2025)

Targa Resources (TRGP) has disclosed Debt to Equity for 13 consecutive years, with $5.68 as the latest value for Q4 2025.

  • Quarterly Debt to Equity rose 77.11% to $5.68 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $5.68 through Dec 2025, up 77.11% year-over-year, with the annual reading at $5.68 for FY2025, 77.11% up from the prior year.
  • Debt to Equity for Q4 2025 was $5.68 at Targa Resources, down from $6.44 in the prior quarter.
  • The five-year high for Debt to Equity was $6.44 in Q3 2025, with the low at $1.26 in Q3 2021.
  • Average Debt to Equity over 5 years is $3.08, with a median of $2.79 recorded in 2023.
  • The sharpest move saw Debt to Equity fell 2.89% in 2021, then surged 120.9% in 2025.
  • Over 5 years, Debt to Equity stood at $1.27 in 2021, then soared by 81.76% to $2.32 in 2022, then rose by 21.35% to $2.81 in 2023, then grew by 14.17% to $3.21 in 2024, then surged by 77.11% to $5.68 in 2025.
  • According to Business Quant data, Debt to Equity over the past three periods came in at $5.68, $6.44, and $6.21 for Q4 2025, Q3 2025, and Q2 2025 respectively.