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

Targa Resources' (TRGP) quarterly Non-Current Debt came in at $18.4 billion in Q1 2026, up 18.57% year-on-year from $15.5 billion in Q1 2025, and up 10.64% sequentially from $16.7 billion in Q4 2025.

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

Targa Resources' Non-Current Debt history runs 17 years deep, the most recent figure standing at $18.4 billion for Q1 2026.

  • In Q1 2026, Non-Current Debt rose 18.57% year-over-year to $18.4 billion; the TTM figure through Mar 2026 stood at $18.4 billion (up 18.57% YoY), while the FY2025 annual figure was $16.7 billion, up 20.86% from the prior year.
  • Non-Current Debt came in at $18.4 billion for Q1 2026 at Targa Resources, up 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.
  • The 5-year median for Non-Current Debt is $12.5 billion (2024), against an average of $12.9 billion.
  • The widest annual swing landed in 2022, when Non-Current Debt declined 1.77%; it then soared 67.65% in 2023.
  • A 5-year view of Non-Current Debt shows it stood at $10.7 billion in 2022, then gained by 15.24% to $12.3 billion in 2023, then advanced by 11.79% to $13.8 billion in 2024, then gained by 20.86% to $16.7 billion in 2025, then climbed by 10.64% to $18.4 billion in 2026.
  • Per Business Quant data, the three most recent Non-Current Debt figures were $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 1,308.38 Bn 1,309.08 Bn 6.70 Bn 75.11 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 29.87 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 31.20 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 69.32 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 18.43 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 24.38 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 30.76 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 12.61 Bn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 36.46 Bn
10 Plains All American Pipeline 15.72 Bn 15.54 Bn 977.00 Mn 9.12 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