Growth Metrics

Targa Resources (TRGP) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Targa Resources (TRGP) over the last 13 years, with Q3 2025 value amounting to $333.5 million.

  • Targa Resources' Operating Expenses rose 1079.73% to $333.5 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.3 billion, marking a year-over-year increase of 1118.33%. This contributed to the annual value of $1.2 billion for FY2024, which is 906.39% up from last year.
  • Latest data reveals that Targa Resources reported Operating Expenses of $333.5 million as of Q3 2025, which was up 1079.73% from $323.6 million recorded in Q2 2025.
  • Over the past 5 years, Targa Resources' Operating Expenses peaked at $333.5 million during Q3 2025, and registered a low of $171.1 million during Q1 2021.
  • For the 5-year period, Targa Resources' Operating Expenses averaged around $256.5 million, with its median value being $269.5 million (2023).
  • As far as peak fluctuations go, Targa Resources' Operating Expenses tumbled by 536.5% in 2021, and later soared by 4070.84% in 2023.
  • Targa Resources' Operating Expenses (Quarter) stood at $201.7 million in 2021, then rose by 25.04% to $252.2 million in 2022, then grew by 6.86% to $269.5 million in 2023, then rose by 13.51% to $305.9 million in 2024, then grew by 9.02% to $333.5 million in 2025.
  • Its Operating Expenses was $333.5 million in Q3 2025, compared to $323.6 million in Q2 2025 and $303.6 million in Q1 2025.