Targa Resources (TRGP) Non-Current Assets (2010 - 2026)
Targa Resources' Non-Current Assets was $25.89 billion in Q2 2026, up 21.5% from $21.31 billion a year earlier and up 4.9% from the prior quarter.
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Analysis
Targa Resources (TRGP) Non-Current Assets (2010 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Assets at Targa Resources came in at $22.86 billion, up 11.8% from FY2024.
- Non-Current Assets has now increased for four consecutive years, with a five-year compound annual growth rate of 9.7% (FY2020 to FY2025).
- In earlier years, Non-Current Assets was $20.44 billion in FY2024 (+10.6%), $18.48 billion in FY2023 (+7.4%), $17.2 billion in FY2022 (+28.0%) and $13.44 billion in FY2021 (-6.8%).
- The Q2 2026 figure marks the highest quarterly Non-Current Assets in data going back to Q4 2010.
- Compared with a year earlier, Non-Current Assets has increased for 16 straight quarters, with growth averaging 12.9% over the last eight quarters.
- The best year-over-year quarter for Non-Current Assets over five years was Q2 2023 (growth of 34.6%); the worst was Q4 2021 (a decline of 6.8%).
- Per Business Quant data, TRGP's Non-Current Assets in the three quarters before Q2 2026 was $24.67 billion (Q1 2026), $22.86 billion (Q4 2025) and $21.9 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 154.65 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 65.85 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 125.06 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 71.47 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 25.89 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 40.09 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 63.24 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 43.86 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 56.99 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.89 Bn |
| Mar 31, 2026 | 24.67 Bn |
| Dec 31, 2025 | 22.86 Bn |
| Sep 30, 2025 | 21.90 Bn |
| Jun 30, 2025 | 21.31 Bn |
| Mar 31, 2025 | 20.72 Bn |
| Dec 31, 2024 | 20.44 Bn |
| Sep 30, 2024 | 19.88 Bn |
| Jun 30, 2024 | 19.40 Bn |
| Mar 31, 2024 | 18.87 Bn |
| Dec 31, 2023 | 18.48 Bn |
| Sep 30, 2023 | 18.05 Bn |
| Jun 30, 2023 | 17.73 Bn |
| Mar 31, 2023 | 17.39 Bn |
| Dec 31, 2022 | 17.20 Bn |
| Sep 30, 2022 | 16.89 Bn |
| Jun 30, 2022 | 13.17 Bn |
| Mar 31, 2022 | 13.39 Bn |
| Dec 31, 2021 | 13.44 Bn |
| Sep 30, 2021 | 13.98 Bn |
API Access
Targa Resources Non-Current Assets 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=non-current-assets&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "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=non-current-assets&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();