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| 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 |