Targa Resources (TRGP) Operating Leases (2019 - 2025)

Targa Resources (TRGP) reported Operating Leases of $89.5 million for Q4 2025, down 1.0% year-over-year from $90.4 million in Q4 2024, and down 1.0% quarter-over-quarter from $90.4 million in Q4 2024.

Targa Resources (TRGP) Operating Leases (2019 - 2025) Analysis & Trends

Targa Resources (TRGP) has 7 years of Operating Leases data on file, last reported at $89.5 million in Q4 2025.

  • Operating Leases for Q4 2025 came in at $89.5 million, down 1.0% year-over-year; the trailing twelve-month figure through Dec 2025 was $89.5 million (down 1.0% YoY), and the FY2025 annual result was $89.5 million, down 1.0% from the prior year.
  • Operating Leases slipped to $89.5 million in Q4 2025 per TRGP's latest filing, 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.
  • A 5-year average of $58.2 million and a median of $58.1 million in 2022 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2023 and 2024: Operating Leases sank 40.54% in 2023, then soared 181.62% in 2024.
  • A 5-year view of Operating Leases shows it stood at $34.5 million in 2021, then fell by 17.1% to $28.6 million in 2022, then soared by 97.55% to $56.5 million in 2023, then surged by 60.0% to $90.4 million in 2024, then decreased by 1.0% to $89.5 million in 2025.
  • Business Quant data shows TRGP's Operating Leases at $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 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn

Historic Data

Download Data
DateValue
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