Targa Resources (TRGP) Short term Debt (2016 - 2026)
Targa Resources' Short term Debt came in at $558 million for Q2 2026, down 27.4% from $768.2 million a year earlier and down 19.9% from the prior quarter.
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Analysis
Targa Resources (TRGP) Short term Debt (2016 - 2026) Analysis & Trends
At the end of FY2025, Targa Resources' Short term Debt was $770.1 million, up 98.6% from FY2024.
- Short term Debt carries a five-year compound annual growth rate of 15.9% (FY2020 to FY2025).
- Going back by year, Short term Debt was $387.7 million in FY2024 (-37.5%), $620.7 million in FY2023 (-25.6%), $834.3 million in FY2022 (+412.5%) and $162.8 million in FY2021 (-55.8%).
- The Q2 2026 figure represents the lowest quarterly Short term Debt since Q4 2024.
- Year-over-year, Short term Debt increased in six of the last eight quarters, with growth averaging 12.7%.
- The fastest year-over-year change in Short term Debt over five years came in Q4 2022 (growth of 412.5%), and the weakest in Q4 2021 (a decline of 55.8%).
- Business Quant data shows TRGP's Short term Debt at $696.9 million (Q1 2026), $770.1 million (Q4 2025) and $689.3 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.85 Bn | 100.45 Bn | 4.84 Bn |
| 2 | Williams Companies | 88.90 Bn | 87.61 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 79.13 Bn | 77.52 Bn | - |
| 4 | Kinder Morgan | 75.39 Bn | 75.10 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.31 Bn | 62.49 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.73 Bn | 60.81 Bn | 2.81 Bn |
| 7 | Targa Resources | 63.47 Bn | 62.94 Bn | 2.14 Bn |
| 8 | Mplx | 59.33 Bn | 52.89 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 59.32 Bn | 54.15 Bn | 5.29 Bn |
| 10 | Oneok | 58.83 Bn | 57.22 Bn | 2.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 558.00 Mn |
| Mar 31, 2026 | 696.90 Mn |
| Dec 31, 2025 | 770.10 Mn |
| Sep 30, 2025 | 689.30 Mn |
| Jun 30, 2025 | 768.20 Mn |
| Mar 31, 2025 | 660.40 Mn |
| Dec 31, 2024 | 387.70 Mn |
| Sep 30, 2024 | 653.30 Mn |
| Jun 30, 2024 | 601.20 Mn |
| Mar 31, 2024 | 546.10 Mn |
| Dec 31, 2023 | 620.70 Mn |
| Sep 30, 2023 | 602.00 Mn |
| Jun 30, 2023 | 586.00 Mn |
| Mar 31, 2023 | 739.00 Mn |
| Dec 31, 2022 | 834.30 Mn |
| Sep 30, 2022 | 766.50 Mn |
| Jun 30, 2022 | 414.60 Mn |
| Mar 31, 2022 | 283.80 Mn |
| Dec 31, 2021 | 162.80 Mn |
| Sep 30, 2021 | 352.60 Mn |
API Access
Targa Resources Short term Debt 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=short-term-debt&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-debt", "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=short-term-debt&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();