Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

Targa Resources (TRGP) Non-Current Debt (2010 - 2026)

Targa Resources' (TRGP) quarterly Non-Current Debt came in at $19.0 billion in Q2 2026, up 18.27% year-over-year from $16.1 billion in Q2 2025, and up 3.17% quarter-over-quarter from $18.4 billion in Q1 2026.

Analysis

Targa Resources (TRGP) Non-Current Debt (2010 - 2026) Analysis & Trends

Targa Resources (TRGP) has reported Non-Current Debt for 17 consecutive years, with $19.0 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Non-Current Debt rose 18.27% year-over-year to $19.0 billion in Q2 2026; TTM through Jun 2026 was $19.0 billion, a 18.27% increase from a year earlier, with the FY2025 full-year figure at $16.7 billion, up 20.86% from the prior year.
  • Non-Current Debt was $19.0 billion for Q2 2026 at Targa Resources, up from $18.4 billion in the prior quarter.
  • Over five years, Non-Current Debt peaked at $19.0 billion in Q2 2026 and troughed at $7.0 billion in Q1 2022.
  • A 5-year average of $13.2 billion and a median of $12.7 billion in 2024 frame the typical range for Non-Current Debt.
  • Across the five-year window, Non-Current Debt slipped 1.77% in 2022 and jumped 67.65% in 2023, its largest moves.
  • Over 5 years, Non-Current Debt stood at $10.7 billion in 2022, then increased by 15.24% to $12.3 billion in 2023, then rose by 11.79% to $13.8 billion in 2024, then advanced by 20.86% to $16.7 billion in 2025, then rose by 14.15% to $19.0 billion in 2026.
  • The last three Non-Current Debt figures came in at $19.0 billion (Q2 2026), $18.4 billion (Q1 2026), and $16.7 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 29.81 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 31.21 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 68.41 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 32.61 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 19.02 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 24.39 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 31.50 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 75.08 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn -
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 19.02 Bn
Mar 31, 2026 18.43 Bn
Dec 31, 2025 16.66 Bn
Sep 30, 2025 16.74 Bn
Jun 30, 2025 16.08 Bn
Mar 31, 2025 15.55 Bn
Dec 31, 2024 13.79 Bn
Sep 30, 2024 13.60 Bn
Jun 30, 2024 12.97 Bn
Mar 31, 2024 12.51 Bn
Dec 31, 2023 12.33 Bn
Sep 30, 2023 12.32 Bn
Jun 30, 2023 11.81 Bn
Mar 31, 2023 11.44 Bn
Dec 31, 2022 10.70 Bn
Sep 30, 2022 10.43 Bn
Jun 30, 2022 7.05 Bn
Mar 31, 2022 6.96 Bn
Dec 31, 2021 6.43 Bn
Sep 30, 2021 6.43 Bn