Targa Resources (TRGP) Inventory Average (2011 - 2026)
Targa Resources' (TRGP) quarterly Inventory Average came in at $381.8 million in Q1 2026, up 29.33% year-on-year from $295.2 million in Q1 2025, and down 16.99% on a QoQ basis from $460.0 million in Q4 2025.
Targa Resources (TRGP) Inventory Average (2011 - 2026) Analysis & Trends
Targa Resources (TRGP) has 16 years of Inventory Average data on file, last reported at $381.8 million in Q1 2026.
- On a quarterly basis, Inventory Average rose 29.33% year-over-year to $381.8 million in Q1 2026; TTM through Mar 2026 was $381.8 million, a 29.33% increase from a year earlier, with the FY2025 full-year figure at $381.8 million, up 8.19% from the prior year.
- Inventory Average for Q1 2026 stood at $381.8 million, down from $460.0 million in the prior quarter.
- Over the last five years, Inventory Average for TRGP reached as high as $467.1 million in Q3 2025 and fell as low as $125.4 million in Q1 2022.
- Historically, Inventory Average has averaged $335.2 million across 5 years, with a median of $349.8 million in 2025.
- Across the five-year window, Inventory Average surged 155.72% in 2022 and dropped 17.46% in 2024, its largest moves.
- Year by year, Inventory Average stood at $432.6 million in 2022, then increased by 4.92% to $453.8 million in 2023, then fell by 17.46% to $374.6 million in 2024, then increased by 22.8% to $460.0 million in 2025, then dropped by 16.99% to $381.8 million in 2026.
- Per Business Quant data, the three most recent Inventory Average figures were $381.8 million in Q1 2026, $460.0 million in Q4 2025, and $467.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 27.46 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 7.66 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 579.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.25 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 4.56 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 584.48 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.71 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 381.85 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.04 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn | 175.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 381.85 Mn |
| Dec 31, 2025 | 460.00 Mn |
| Sep 30, 2025 | 467.10 Mn |
| Jun 30, 2025 | 349.85 Mn |
| Mar 31, 2025 | 295.25 Mn |
| Dec 31, 2024 | 374.60 Mn |
| Sep 30, 2024 | 367.75 Mn |
| Jun 30, 2024 | 272.55 Mn |
| Mar 31, 2024 | 298.00 Mn |
| Dec 31, 2023 | 453.85 Mn |
| Sep 30, 2023 | 424.25 Mn |
| Jun 30, 2023 | 234.25 Mn |
| Mar 31, 2023 | 275.00 Mn |
| Dec 31, 2022 | 432.55 Mn |
| Sep 30, 2022 | 336.75 Mn |
| Jun 30, 2022 | 149.85 Mn |
| Mar 31, 2022 | 125.45 Mn |
| Dec 31, 2021 | 235.10 Mn |
| Sep 30, 2021 | 191.20 Mn |
| Jun 30, 2021 | 58.60 Mn |