Targa Resources (TRGP) Times Interest Earned (2010 - 2024)
Targa Resources' Times Interest Earned came in at 3.64 for Q2 2024, down 8.3% from 3.97 a year earlier but up 28.0% from the prior quarter.
Targa Resources (TRGP) Times Interest Earned (2010 - 2024) Analysis & Trends
Over the trailing twelve months to Jun 30, 2024, Targa Resources reported Times Interest Earned of 3.32, down 49.0% year-over-year; for FY2021, it came in at 144.13.
- Going back by year, Times Interest Earned was -104.30 in FY2020, 11.35 in FY2019 (-24.5%), 15.03 in FY2018 and -7.70 in FY2017.
- The five-year range for quarterly Times Interest Earned is -51.17 (Q1 2020) to 26.62 (Q3 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 2.04 |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 2.95 |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 5.17 |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | - |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 2.73 |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 2.95 |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | - |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 6.72 |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 4.92 |
| 10 | Oneok | 56.58 Bn | 65.12 Bn | 2.84 Bn | 3.78 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 3.64 |
| Mar 31, 2024 | 2.84 |
| Jun 30, 2023 | 3.97 |
| Mar 31, 2023 | 5.07 |
| Dec 31, 2020 | 6.65 |
| Sep 30, 2020 | 26.62 |
| Jun 30, 2020 | 9.31 |
| Mar 31, 2020 | -51.17 |
| Dec 31, 2016 | -162.67 |
| Jun 30, 2016 | 20.09 |
| Mar 31, 2016 | 1.44 |
| Dec 31, 2015 | -8.80 |
| Sep 30, 2015 | 230.60 |
| Jun 30, 2015 | 29.58 |
| Mar 31, 2015 | 15.22 |
| Dec 31, 2014 | 13.15 |
| Jun 30, 2014 | 4.21 |
| Mar 31, 2014 | 4.67 |
| Dec 31, 2013 | 1.74 |
| Sep 30, 2013 | 2.65 |
Targa Resources Times Interest Earned 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=times-interest-earned&ticker=TRGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();