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.
- On a quarterly basis, Debt to Equity rose 3.92% to $5.68 in Q4 2025 year-over-year; TTM through Dec 2025 was $5.68, a 3.92% increase, with the full-year FY2025 number at $5.68, up 3.92% from a year prior.
- Debt to Equity was $5.68 for Q4 2025 at Targa Resources, down from $6.15 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $6.3 in Q1 2025 to a low of $1.25 in Q3 2021.
- A 5-year average of $3.18 and a median of $2.79 in 2023 define the central range for Debt to Equity.
- Peak YoY movement for Debt to Equity: fell 3.04% in 2021, then skyrocketed 120.9% in 2025.
- Targa Resources' Debt to Equity stood at $1.27 in 2021, then surged by 81.76% to $2.32 in 2022, then increased by 21.35% to $2.81 in 2023, then surged by 94.58% to $5.47 in 2024, then grew by 3.92% to $5.68 in 2025.
- Per Business Quant, the three most recent readings for TRGP's Debt to Equity are $5.68 (Q4 2025), $6.15 (Q3 2025), and $6.21 (Q2 2025).