Targa Resources (TRGP) Depreciation & Amortization (CF) (2010 - 2026)
Targa Resources (TRGP) reported Depreciation & Amortization (CF) of $459.6 million for Q3 2026, up 19.8% from $383.5 million a year earlier and up 1.4% from the prior quarter.
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Analysis
Targa Resources (TRGP) Depreciation & Amortization (CF) (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Targa Resources' Depreciation & Amortization (CF) came in at $1.73 billion, up 15.0% year-over-year; for FY2025, it was $1.52 billion, up 6.5% from FY2024.
- Depreciation & Amortization (CF) has increased for five consecutive years, with a five-year compound annual growth rate of 11.9% (FY2020 to FY2025).
- By year, Depreciation & Amortization (CF) came in at $1.42 billion in FY2024 (+7.0%), $1.33 billion in FY2023 (+21.3%), $1.1 billion in FY2022 (+25.9%) and $870.6 million in FY2021 (+0.6%).
- The Q3 2026 figure ranks as the highest quarterly Depreciation & Amortization (CF) in data going back to Q1 2010.
- Year over year, Depreciation & Amortization (CF) has now increased in each of the last 18 quarters, with growth averaging 11.8% over the last eight quarters.
- The high point for year-over-year Depreciation & Amortization (CF) in five years was Q1 2023 (growth of 55.3%); the low point was Q1 2022 (a decline of 3.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $453.1 million (Q2 2026), $426 million (Q1 2026) and $390.5 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 1.06 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 620.00 Mn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 572.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 628.00 Mn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 535.04 Mn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 1.60 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 459.60 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 393.00 Mn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 378.00 Mn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn | 395.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 459.60 Mn |
| Jun 30, 2026 | 453.10 Mn |
| Mar 31, 2026 | 426.00 Mn |
| Dec 31, 2025 | 390.50 Mn |
| Sep 30, 2025 | 383.50 Mn |
| Jun 30, 2025 | 373.70 Mn |
| Mar 31, 2025 | 367.60 Mn |
| Dec 31, 2024 | 378.50 Mn |
| Sep 30, 2024 | 355.40 Mn |
| Jun 30, 2024 | 348.60 Mn |
| Mar 31, 2024 | 340.50 Mn |
| Dec 31, 2023 | 341.40 Mn |
| Sep 30, 2023 | 331.30 Mn |
| Jun 30, 2023 | 332.10 Mn |
| Mar 31, 2023 | 324.80 Mn |
| Dec 31, 2022 | 329.80 Mn |
| Sep 30, 2022 | 287.20 Mn |
| Jun 30, 2022 | 269.90 Mn |
| Mar 31, 2022 | 209.10 Mn |
| Dec 31, 2021 | 219.70 Mn |
API Access
Targa Resources Depreciation & Amortization (CF) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();