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

Targa Resources (TRGP) reported Non-Current Debt of $18.4 billion for Q1 2026, up 18.57% year-over-year from $15.5 billion in Q1 2025, and up 10.64% quarter-over-quarter from $16.7 billion in Q4 2025.

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

Targa Resources (TRGP) has 17 years of Non-Current Debt data on file, last reported at $18.4 billion in Q1 2026.

  • Non-Current Debt for Q1 2026 came in at $18.4 billion, up 18.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $18.4 billion (up 18.57% YoY), and the FY2025 annual result was $16.7 billion, up 20.86% from the prior year.
  • Non-Current Debt advanced to $18.4 billion in Q1 2026 per TRGP's latest filing, from $16.7 billion in the prior quarter.
  • Over five years, Non-Current Debt peaked at $18.4 billion in Q1 2026 and troughed at $7.0 billion in Q1 2022.
  • A 5-year average of $12.9 billion and a median of $12.5 billion in 2024 frame the typical range for Non-Current Debt.
  • The sharpest annual moves came in 2022 and 2023: Non-Current Debt dropped 1.77% in 2022, then surged 67.65% in 2023.
  • A 5-year view of Non-Current Debt shows it stood at $10.7 billion in 2022, then rose by 15.24% to $12.3 billion in 2023, then gained by 11.79% to $13.8 billion in 2024, then rose by 20.86% to $16.7 billion in 2025, then advanced by 10.64% to $18.4 billion in 2026.
  • Business Quant data shows TRGP's Non-Current Debt at $18.4 billion in Q1 2026, $16.7 billion in Q4 2025, and $16.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 75.11 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 31.20 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 29.87 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 69.32 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 559.94 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 24.38 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 18.43 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 30.76 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 32.45 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn 22.14 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.43 Bn
Mar 31, 2026 18.43 Bn
Dec 31, 2025 16.66 Bn
Dec 31, 2025 16.66 Bn
Sep 30, 2025 16.74 Bn
Sep 30, 2025 16.74 Bn
Jun 30, 2025 16.08 Bn
Jun 30, 2025 16.08 Bn
Mar 31, 2025 15.55 Bn
Mar 31, 2025 15.55 Bn
Dec 31, 2024 13.79 Bn
Dec 31, 2024 13.79 Bn
Sep 30, 2024 13.60 Bn
Sep 30, 2024 13.60 Bn
Jun 30, 2024 12.97 Bn
Jun 30, 2024 12.97 Bn
Mar 31, 2024 12.51 Bn
Mar 31, 2024 12.51 Bn
Dec 31, 2023 12.33 Bn
Dec 31, 2023 12.33 Bn