Targa Resources (TRGP) Operating Leases (2019 - 2025)
Targa Resources' (TRGP) quarterly Operating Leases came in at $89.5 million in Q4 2025, down 1.0% year-on-year from $90.4 million in Q4 2024, and down 1.0% sequentially from $90.4 million in Q4 2024.
Targa Resources (TRGP) Operating Leases (2019 - 2025) Analysis & Trends
Targa Resources' Operating Leases history runs 7 years deep, the most recent figure standing at $89.5 million for Q4 2025.
- In Q4 2025, Operating Leases fell 1.0% year-over-year to $89.5 million; the TTM figure through Dec 2025 stood at $89.5 million (down 1.0% YoY), while the FY2025 annual figure was $89.5 million, down 1.0% from the prior year.
- Operating Leases came in at $89.5 million for Q4 2025 at Targa Resources, down from $90.4 million in the prior quarter.
- Over five years, Operating Leases peaked at $90.4 million in Q4 2024 and troughed at $27.2 million in Q1 2023.
- The 5-year median for Operating Leases is $58.1 million (2022), against an average of $58.2 million.
- The widest annual swing landed in 2023, when Operating Leases slumped 40.54%; it then jumped 181.62% in 2024.
- A 5-year view of Operating Leases shows it stood at $34.5 million in 2021, then retreated by 17.1% to $28.6 million in 2022, then jumped by 97.55% to $56.5 million in 2023, then soared by 60.0% to $90.4 million in 2024, then slipped by 1.0% to $89.5 million in 2025.
- Per Business Quant data, the three most recent Operating Leases figures were $89.5 million in Q4 2025, $90.4 million in Q4 2024, and $80.9 million in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 89.50 Mn |
| Dec 31, 2024 | 90.40 Mn |
| Sep 30, 2024 | 80.90 Mn |
| Jun 30, 2024 | 79.70 Mn |
| Mar 31, 2024 | 76.60 Mn |
| Dec 31, 2023 | 56.50 Mn |
| Sep 30, 2023 | 35.50 Mn |
| Jun 30, 2023 | 39.60 Mn |
| Mar 31, 2023 | 27.20 Mn |
| Dec 31, 2022 | 28.60 Mn |
| Sep 30, 2022 | 59.70 Mn |
| Dec 31, 2021 | 34.50 Mn |
| Dec 31, 2020 | 46.20 Mn |
| Dec 31, 2019 | 47.20 Mn |
| Jun 30, 2019 | 51.30 Mn |
| Mar 31, 2019 | 47.80 Mn |