Targa Resources (TRGP) Other Non-Current Liabilities (2010 - 2026)
Targa Resources (TRGP) reported Other Non-Current Liabilities of $406.7 million for Q2 2026, up 4.2% from $390.3 million a year earlier but down 2.1% from the prior quarter.
Targa Resources (TRGP) Other Non-Current Liabilities (2010 - 2026) Analysis & Trends
At the end of FY2025, Targa Resources posted Other Non-Current Liabilities of $395 million, up 0.7% from FY2024.
- Other Non-Current Liabilities has increased for eight consecutive years, with a five-year compound annual growth rate of 42.0% (FY2020 to FY2025).
- By year, Other Non-Current Liabilities came in at $392.3 million in FY2024 (+280.9%), $103 million in FY2023 (+5.2%), $97.9 million in FY2022 (+35.8%) and $72.1 million in FY2021 (+5.6%).
- Five-year quarterly Other Non-Current Liabilities spans a low of $72.1 million in Q4 2021 and a high of $415.5 million in Q1 2026.
- Year over year, Other Non-Current Liabilities has now increased in each of the last seven quarters, with growth averaging 44.6% over the last eight quarters.
- The high point for year-over-year Other Non-Current Liabilities in five years was Q4 2024 (growth of 280.9%); the low point was Q2 2024 (a decline of 14.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $415.5 million (Q1 2026), $395 million (Q4 2025) and $391.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 406.70 Mn |
| Mar 31, 2026 | 415.50 Mn |
| Dec 31, 2025 | 395.00 Mn |
| Sep 30, 2025 | 391.60 Mn |
| Jun 30, 2025 | 390.30 Mn |
| Mar 31, 2025 | 384.60 Mn |
| Dec 31, 2024 | 392.30 Mn |
| Sep 30, 2024 | 340.00 Mn |
| Jun 30, 2024 | 308.70 Mn |
| Mar 31, 2024 | 304.10 Mn |
| Dec 31, 2023 | 103.00 Mn |
| Sep 30, 2023 | 358.20 Mn |
| Jun 30, 2023 | 359.00 Mn |
| Mar 31, 2023 | 346.40 Mn |
| Dec 31, 2022 | 97.90 Mn |
| Sep 30, 2022 | 367.00 Mn |
| Jun 30, 2022 | 288.10 Mn |
| Mar 31, 2022 | 297.90 Mn |
| Dec 31, 2021 | 72.10 Mn |
| Sep 30, 2021 | 290.80 Mn |
Targa Resources Other Non-Current Liabilities 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-liabilities&ticker=TRGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-non-current-liabilities", "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-liabilities&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();