Targa Resources (TRGP) Interest Coverage Ratio (2010 - 2026)

Targa Resources (TRGP) has 17 years of Interest Coverage Ratio data on file, last reported at 2.21 in Q1 2026.

• On a quarterly basis, Interest Coverage Ratio rose 38.38% year-over-year to 2.21 in Q1 2026; TTM through Mar 2026 was 4.57, a 85.04% decrease from a year earlier, with the FY2025 full-year figure at 4.2, up 11.03% from the prior year.
• Interest Coverage Ratio for Q1 2026 stood at 2.21, down from 17.44 in the prior quarter.
• Over the last five years, Interest Coverage Ratio for TRGP reached as high as 59.55 in Q2 2023 and fell as low as 1.17 in Q4 2023.
• Historically, Interest Coverage Ratio has averaged 12.24 across 5 years, with a median of 3.45 in 2022.
• Across the five-year window, Interest Coverage Ratio plunged 114.61% in 2023 and surged 3456.2% in 2024, its largest moves.
• Year by year, Interest Coverage Ratio stood at 8.03 in 2022, then tumbled by 114.61% to 1.17 in 2023, then surged by 3456.2% to 39.35 in 2024, then plunged by 55.68% to 17.44 in 2025, then tumbled by 87.35% to 2.21 in 2026.
• Per Business Quant data, the three most recent Interest Coverage Ratio figures were 2.21 in Q1 2026, 17.44 in Q4 2025, and 3.91 in Q3 2025.