Targa Resources (TRGP) Non Operating Interest Expenses (2010 - 2024)
Targa Resources (TRGP) recorded Non Operating Interest Expenses of -$172.4 million in Q2 2024, compared with -$163.6 million a year earlier.
Targa Resources (TRGP) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
On a TTM basis, Targa Resources' Non Operating Interest Expenses came in at -$726 million as of Jun 30, 2024; for FY2021, it was $6 million, down 52.0% from FY2020.
- Annual Non Operating Interest Expenses has a five-year compound annual growth rate of -22.0% (FY2016 to FY2021).
- Across earlier years, Non Operating Interest Expenses came in at $12.5 million in FY2020 (-26.5%), $17 million in FY2019 (+7.6%), $15.8 million in FY2018 (-0.6%) and $15.9 million in FY2017 (-23.6%).
- Quarterly Non Operating Interest Expenses has ranged from -$224.9 million in Q1 2024 to $40.6 million in Q1 2020 over the past five years.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 749.34 Mn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 385.00 Mn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 385.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | - |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 630.76 Mn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 944.00 Mn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | - |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 285.00 Mn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 300.00 Mn |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn | 415.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -172.40 Mn |
| Mar 31, 2024 | -224.90 Mn |
| Jun 30, 2023 | -163.60 Mn |
| Mar 31, 2023 | -165.10 Mn |
| Dec 31, 2020 | -39.90 Mn |
| Sep 30, 2020 | -11.10 Mn |
| Jun 30, 2020 | 22.90 Mn |
| Mar 31, 2020 | 40.60 Mn |
| Dec 31, 2016 | -600,000.00 |
| Jun 30, 2016 | -3.30 Mn |
| Mar 31, 2016 | 24.70 Mn |
| Dec 31, 2015 | 23.50 Mn |
| Sep 30, 2015 | -500,000.00 |
| Jun 30, 2015 | -3.80 Mn |
| Mar 31, 2015 | -9.10 Mn |
| Dec 31, 2014 | 12.40 Mn |
| Jun 30, 2014 | 35.70 Mn |
| Mar 31, 2014 | 33.90 Mn |
| Dec 31, 2013 | -83.20 Mn |
| Sep 30, 2013 | 33.40 Mn |
Targa Resources Non Operating Interest Expenses 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-operating-interest-expenses&ticker=TRGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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-operating-interest-expenses&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();