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-over-year from $90.4 million in Q4 2024, and down 1.0% quarter-over-quarter from $90.4 million in Q4 2024.
Analysis
Targa Resources (TRGP) Operating Leases (2019 - 2025) Analysis & Trends
Targa Resources (TRGP) has reported Operating Leases for 7 consecutive years, with $89.5 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Operating Leases fell 1.0% year-over-year to $89.5 million in Q4 2025; TTM through Dec 2025 was $89.5 million, a 1.0% decrease from a year earlier, with the FY2025 full-year figure at $89.5 million, down 1.0% from the prior year.
- Operating Leases was $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.
- A 5-year average of $58.2 million and a median of $58.1 million in 2022 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases slumped 40.54% in 2023 and surged 181.62% in 2024, its largest moves.
- Over 5 years, Operating Leases stood at $34.5 million in 2021, then declined by 17.1% to $28.6 million in 2022, then surged by 97.55% to $56.5 million in 2023, then jumped by 60.0% to $90.4 million in 2024, then retreated by 1.0% to $89.5 million in 2025.
- The last three Operating Leases figures came in at $89.5 million (Q4 2025), $90.4 million (Q4 2024), and $80.9 million (Q3 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - |
Historic Data
Download Data
Historic 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 |