Targa Resources (TRGP) Equity Ratio (2010 - 2026)

Targa Resources (TRGP) reported Equity Ratio of 0.12 for Q1 2026, up 6.88% year-over-year from 0.11 in Q1 2025, and down 4.91% quarter-over-quarter from 0.13 in Q4 2025.

Targa Resources (TRGP) Equity Ratio (2010 - 2026) Analysis & Trends

Targa Resources (TRGP) has 17 years of Equity Ratio data on file, last reported at 0.12 in Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.12, up 6.88% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.12 (up 6.88% YoY), and the FY2025 annual result was 0.13, down 34.74% from the prior year.
  • Equity Ratio eased to 0.12 in Q1 2026 per TRGP's latest filing, from 0.13 in the prior quarter.
  • Over five years, Equity Ratio peaked at 27.37 in Q1 2022 and troughed at 0.11 in Q3 2025.
  • A 5-year average of 3.39 and a median of 0.22 in 2024 frame the typical range for Equity Ratio.
  • The sharpest annual moves came in 2022 and 2023: Equity Ratio soared 7654.44% in 2022, then plunged 98.68% in 2023.
  • A 5-year view of Equity Ratio shows it stood at 0.25 in 2022, then dropped by 12.45% to 0.22 in 2023, then retreated by 12.85% to 0.19 in 2024, then tumbled by 34.74% to 0.13 in 2025, then fell by 4.91% to 0.12 in 2026.
  • Business Quant data shows TRGP's Equity Ratio at 0.12 in Q1 2026, 0.13 in Q4 2025, and 0.11 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.28
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.38
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.43
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.23
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.33
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.12
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.33
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 0.23
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn 0.08

Historic Data

Download Data
DateValue
Mar 31, 2026 0.12
Dec 31, 2025 0.13
Sep 30, 2025 0.11
Jun 30, 2025 0.12
Mar 31, 2025 0.11
Dec 31, 2024 0.19
Sep 30, 2024 0.20
Jun 30, 2024 0.20
Mar 31, 2024 0.22
Dec 31, 2023 0.22
Sep 30, 2023 0.35
Jun 30, 2023 0.37
Mar 31, 2023 0.36
Dec 31, 2022 0.25
Sep 30, 2022 0.67
Jun 30, 2022 26.66
Mar 31, 2022 27.37
Dec 31, 2021 0.34
Sep 30, 2021 28.53
Jun 30, 2021 29.39