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| Date | Value |
|---|---|
| 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 |