Targa Resources (TRGP) Depreciation and Depletion (2018 - 2026)
Targa Resources' (TRGP) quarterly Depreciation and Depletion came in at $322.8 million in Q1 2026, up 12.83% year-on-year from $286.1 million in Q1 2025, and up 4.47% on a QoQ basis from $309.0 million in Q4 2025.
Targa Resources (TRGP) Depreciation and Depletion (2018 - 2026) Analysis & Trends
Targa Resources (TRGP) has 9 years of Depreciation and Depletion data on file, last reported at $322.8 million in Q1 2026.
- On a quarterly basis, Depreciation and Depletion rose 12.83% year-over-year to $322.8 million in Q1 2026; TTM through Mar 2026 was $1.2 billion, a 12.61% increase from a year earlier, with the FY2025 full-year figure at $1.2 billion, up 13.29% from the prior year.
- Depreciation and Depletion for Q1 2026 stood at $322.8 million, up from $309.0 million in the prior quarter.
- Over the last five years, Depreciation and Depletion for TRGP reached as high as $322.8 million in Q1 2026 and fell as low as $181.1 million in Q1 2022.
- Historically, Depreciation and Depletion has averaged $256.5 million across 5 years, with a median of $247.2 million in 2024.
- Across the five-year window, Depreciation and Depletion surged 35.06% in 2022 and retreated 2.4% in 2023, its largest moves.
- Year by year, Depreciation and Depletion stood at $224.3 million in 2022, then rose by 9.41% to $245.4 million in 2023, then climbed by 16.22% to $285.2 million in 2024, then advanced by 8.35% to $309.0 million in 2025, then rose by 4.47% to $322.8 million in 2026.
- Per Business Quant data, the three most recent Depreciation and Depletion figures were $322.8 million in Q1 2026, $309.0 million in Q4 2025, and $302.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | - |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 19.25 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | - |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | - |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 553.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | - |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 322.80 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | - |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 315.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 322.80 Mn |
| Mar 31, 2026 | 322.80 Mn |
| Dec 31, 2025 | 309.00 Mn |
| Dec 31, 2025 | 309.00 Mn |
| Sep 30, 2025 | 302.00 Mn |
| Sep 30, 2025 | 302.00 Mn |
| Jun 30, 2025 | 292.20 Mn |
| Jun 30, 2025 | 292.20 Mn |
| Mar 31, 2025 | 286.10 Mn |
| Mar 31, 2025 | 286.10 Mn |
| Dec 31, 2024 | 285.20 Mn |
| Dec 31, 2024 | 285.20 Mn |
| Sep 30, 2024 | 262.10 Mn |
| Sep 30, 2024 | 262.10 Mn |
| Jun 30, 2024 | 255.30 Mn |
| Jun 30, 2024 | 255.30 Mn |
| Mar 31, 2024 | 247.20 Mn |
| Mar 31, 2024 | 247.20 Mn |
| Dec 31, 2023 | 245.40 Mn |
| Dec 31, 2023 | 245.40 Mn |