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| Date | Value |
|---|---|
| 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 |