Targa Resources (TRGP) Receivables - Net (2010 - 2026)
Targa Resources' (TRGP) quarterly Receivables - Net came in at $1.7 billion in Q1 2026, up 20.55% year-on-year from $1.4 billion in Q1 2025, and up 14.72% on a QoQ basis from $1.5 billion in Q4 2025.
Targa Resources (TRGP) Receivables - Net (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has 17 years of Receivables - Net data on file, last reported at $1.7 billion in Q1 2026.
- On a quarterly basis, Receivables - Net rose 20.55% year-over-year to $1.7 billion in Q1 2026; TTM through Mar 2026 was $1.7 billion, a 20.55% increase from a year earlier, with the FY2025 full-year figure at $1.5 billion, down 8.88% from the prior year.
- Receivables - Net for Q1 2026 stood at $1.7 billion, up from $1.5 billion in the prior quarter.
- Over the last five years, Receivables - Net for TRGP reached as high as $1.7 billion in Q1 2026 and fell as low as $988.1 million in Q2 2023.
- Historically, Receivables - Net has averaged $1.4 billion across 5 years, with a median of $1.4 billion in 2025.
- Across the five-year window, Receivables - Net jumped 78.82% in 2022 and plunged 38.73% in 2023, its largest moves.
- Year by year, Receivables - Net stood at $1.4 billion in 2022, then advanced by 4.44% to $1.5 billion in 2023, then gained by 10.01% to $1.6 billion in 2024, then dropped by 8.88% to $1.5 billion in 2025, then climbed by 14.72% to $1.7 billion in 2026.
- Per Business Quant data, the three most recent Receivables - Net figures were $1.7 billion in Q1 2026, $1.5 billion in Q4 2025, and $1.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | Mplx | 58.39 Bn | 56.89 Bn | 1.95 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.69 Bn |
| Mar 31, 2026 | 1.69 Bn |
| Dec 31, 2025 | 1.47 Bn |
| Dec 31, 2025 | 1.47 Bn |
| Sep 30, 2025 | 1.41 Bn |
| Sep 30, 2025 | 1.41 Bn |
| Jun 30, 2025 | 1.41 Bn |
| Jun 30, 2025 | 1.41 Bn |
| Mar 31, 2025 | 1.40 Bn |
| Mar 31, 2025 | 1.40 Bn |
| Dec 31, 2024 | 1.62 Bn |
| Dec 31, 2024 | 1.62 Bn |
| Sep 30, 2024 | 1.30 Bn |
| Sep 30, 2024 | 1.30 Bn |
| Jun 30, 2024 | 1.22 Bn |
| Jun 30, 2024 | 1.22 Bn |
| Mar 31, 2024 | 1.48 Bn |
| Mar 31, 2024 | 1.48 Bn |
| Dec 31, 2023 | 1.47 Bn |
| Dec 31, 2023 | 1.47 Bn |