Targa Resources (TRGP) Times Interest Earned (2010 - 2026)

Targa Resources' (TRGP) quarterly Times Interest Earned came in at $2.21 in Q1 2026, up 38.38% year-on-year from $1.59 in Q1 2025, and down 87.35% on a QoQ basis from $17.44 in Q4 2025.

Targa Resources (TRGP) Times Interest Earned (2010 - 2026) Analysis & Trends

Targa Resources (TRGP) has 17 years of Times Interest Earned data on file, last reported at $2.21 in Q1 2026.

  • On a quarterly basis, Times Interest Earned rose 38.38% year-over-year to $2.21 in Q1 2026; TTM through Mar 2026 was $4.57, a 85.04% decrease from a year earlier, with the FY2025 full-year figure at $4.2, up 11.03% from the prior year.
  • Times Interest Earned for Q1 2026 stood at $2.21, down from $17.44 in the prior quarter.
  • Over the last five years, Times Interest Earned for TRGP reached as high as $59.55 in Q2 2023 and fell as low as -$1.17 in Q4 2023.
  • Historically, Times Interest Earned has averaged $12.24 across 5 years, with a median of $3.45 in 2022.
  • Across the five-year window, Times Interest Earned plunged 114.61% in 2023 and surged 3456.2% in 2024, its largest moves.
  • Year by year, Times Interest Earned stood at $8.03 in 2022, then tumbled by 114.61% to -$1.17 in 2023, then surged by 3456.2% to $39.35 in 2024, then plunged by 55.68% to $17.44 in 2025, then tumbled by 87.35% to $2.21 in 2026.
  • Per Business Quant data, the three most recent Times Interest Earned figures were $2.21 in Q1 2026, $17.44 in Q4 2025, and $3.91 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Times Interest Earned (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 29.67
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -4.16
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 5.26
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 2.64
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 2.88
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.70
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 3.15
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 2.21
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 3.25
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 4.17

Historic Data

Download Data
DateValue
Mar 31, 2026 2.21
Dec 31, 2025 17.44
Sep 30, 2025 3.91
Jun 30, 2025 4.83
Mar 31, 2025 1.59
Dec 31, 2024 39.35
Sep 30, 2024 3.11
Jun 30, 2024 2.68
Mar 31, 2024 2.38
Dec 31, 2023 -1.17
Sep 30, 2023 53.73
Jun 30, 2023 59.55
Mar 31, 2023 3.95
Dec 31, 2022 8.03
Sep 30, 2022 1.51
Jun 30, 2022 3.45
Mar 31, 2022 1.53
Dec 31, 2021 0.30
Sep 30, 2021 3.31
Jun 30, 2021 2.22