Targa Resources (TRGP) Minority Interest (2010 - 2026)
Targa Resources (TRGP) reported Minority Interest of $139.2 million for Q2 2026, up 12.9% from $123.3 million a year earlier and up 5.1% from the prior quarter.
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Analysis
Targa Resources (TRGP) Minority Interest (2010 - 2026) Analysis & Trends
At the end of FY2025, Targa Resources posted Minority Interest of $130.3 million, down 92.9% from FY2024.
- Minority Interest has declined for six consecutive years, with a five-year compound annual growth rate of -47.4% (FY2020 to FY2025).
- By year, Minority Interest came in at $1.83 billion in FY2024 (-2.4%), $1.87 billion in FY2023 (-19.3%), $2.32 billion in FY2022 (-26.9%) and $3.17 billion in FY2021 (-2.5%).
- The Q2 2026 figure ranks as the highest quarterly Minority Interest since Q4 2024.
- Year over year, Minority Interest gained in three of the last eight quarters, with an average decline of 44.1%.
- The high point for year-over-year Minority Interest in five years was Q2 2026 (growth of 12.9%); the low point was Q1 2025 (a decline of 93.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $132.5 million (Q1 2026), $130.3 million (Q4 2025) and $127 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.58 Bn | 100.18 Bn | 4.84 Bn |
| 2 | Williams Companies | 86.03 Bn | 84.75 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 80.00 Bn | 78.39 Bn | - |
| 4 | Kinder Morgan | 74.74 Bn | 74.44 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.45 Bn | 62.63 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.24 Bn | 60.32 Bn | 2.81 Bn |
| 7 | Targa Resources | 62.85 Bn | 62.33 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 59.18 Bn | 54.01 Bn | 5.29 Bn |
| 9 | Mplx | 59.17 Bn | 52.74 Bn | 2.91 Bn |
| 10 | Oneok | 58.67 Bn | 57.06 Bn | 2.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 139.20 Mn |
| Mar 31, 2026 | 132.50 Mn |
| Dec 31, 2025 | 130.30 Mn |
| Sep 30, 2025 | 127.00 Mn |
| Jun 30, 2025 | 123.30 Mn |
| Mar 31, 2025 | 121.20 Mn |
| Dec 31, 2024 | 1.83 Bn |
| Sep 30, 2024 | 1.88 Bn |
| Jun 30, 2024 | 1.88 Bn |
| Mar 31, 2024 | 1.87 Bn |
| Dec 31, 2023 | 1.87 Bn |
| Sep 30, 2023 | 1.87 Bn |
| Jun 30, 2023 | 1.87 Bn |
| Mar 31, 2023 | 1.86 Bn |
| Dec 31, 2022 | 2.32 Bn |
| Sep 30, 2022 | 2.35 Bn |
| Jun 30, 2022 | 2.33 Bn |
| Mar 31, 2022 | 2.32 Bn |
| Dec 31, 2021 | 3.17 Bn |
| Sep 30, 2021 | 3.21 Bn |
API Access
Targa Resources Minority Interest API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=minority-interest&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=minority-interest&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();