Targa Resources (TRGP) Other Non-Current Assets (2010 - 2026)
Targa Resources (TRGP) posted Other Non-Current Assets of $339.1 million for Q2 2026, up 92.6% from $176.1 million a year earlier but down 1.3% from the prior quarter.
Targa Resources (TRGP) Other Non-Current Assets (2010 - 2026) Analysis & Trends
At the end of FY2025, Targa Resources' Other Non-Current Assets came in at $327.4 million, up 82.8% from FY2024.
- Annual Other Non-Current Assets has increased for four consecutive years, with a five-year compound annual growth rate of 27.8% (FY2020 to FY2025).
- In prior years, Targa Resources' Other Non-Current Assets was $179.1 million in FY2024 (+27.4%), $140.6 million in FY2023 (+42.9%), $98.4 million in FY2022 (+20.4%) and $81.7 million in FY2021 (-15.0%).
- Quarterly Other Non-Current Assets has run from a low of $81.7 million in Q4 2021 to a high of $343.5 million in Q1 2026 over five years.
- On a year-over-year basis, Other Non-Current Assets has increased in each of the last 11 quarters, with growth averaging 47.8% over the last eight quarters.
- The strongest year-over-year quarter for Other Non-Current Assets in the past five years was Q1 2026, with growth of 101.7%; the weakest was Q3 2023, with a decline of 23.8%.
- According to Business Quant data, Other Non-Current Assets for the three prior quarters was $343.5 million (Q1 2026), $327.4 million (Q4 2025) and $203.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn | 9.02 Bn |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn | 1.94 Bn |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - | 1.01 Bn |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn | 1.30 Bn |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn | 2.51 Bn |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - | 1.96 Bn |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn | 360.00 Mn |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn | 2.10 Bn |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn | 1.23 Bn |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn | 423.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 360.00 Mn |
| Jun 30, 2026 | 339.10 Mn |
| Mar 31, 2026 | 343.50 Mn |
| Dec 31, 2025 | 327.40 Mn |
| Sep 30, 2025 | 203.10 Mn |
| Jun 30, 2025 | 176.10 Mn |
| Mar 31, 2025 | 170.30 Mn |
| Dec 31, 2024 | 179.10 Mn |
| Sep 30, 2024 | 167.10 Mn |
| Jun 30, 2024 | 165.70 Mn |
| Mar 31, 2024 | 163.70 Mn |
| Dec 31, 2023 | 140.60 Mn |
| Sep 30, 2023 | 114.20 Mn |
| Jun 30, 2023 | 119.70 Mn |
| Mar 31, 2023 | 107.20 Mn |
| Dec 31, 2022 | 98.40 Mn |
| Sep 30, 2022 | 149.90 Mn |
| Jun 30, 2022 | 95.50 Mn |
| Mar 31, 2022 | 88.00 Mn |
| Dec 31, 2021 | 81.70 Mn |
Targa Resources Other Non-Current Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-non-current-assets&ticker=TRGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-non-current-assets", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-non-current-assets&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();