Targa Resources (TRGP) Total Debt (2010 - 2026)

Targa Resources (TRGP) reported Total Debt of $19.1 billion for Q1 2026, up 18.03% year-over-year from $16.2 billion in Q1 2025, and up 9.75% quarter-over-quarter from $17.4 billion in Q4 2025.

Targa Resources (TRGP) Total Debt (2010 - 2026) Analysis & Trends

Targa Resources (TRGP) has 17 years of Total Debt data on file, last reported at $19.1 billion in Q1 2026.

  • Total Debt for Q1 2026 came in at $19.1 billion, up 18.03% year-over-year; the trailing twelve-month figure through Mar 2026 was $19.1 billion (up 18.03% YoY), and the FY2025 annual result was $17.4 billion, up 22.98% from the prior year.
  • Total Debt climbed to $19.1 billion in Q1 2026 per TRGP's latest filing, from $17.4 billion in the prior quarter.
  • Over five years, Total Debt peaked at $19.1 billion in Q1 2026 and troughed at $7.2 billion in Q1 2022.
  • A 5-year average of $13.5 billion and a median of $13.1 billion in 2024 frame the typical range for Total Debt.
  • On a YoY basis, Total Debt climbed as much as 74.87% in 2022 and fell as far as 1.68% in 2022.
  • A 5-year view of Total Debt shows it stood at $11.5 billion in 2022, then increased by 12.29% to $13.0 billion in 2023, then climbed by 9.42% to $14.2 billion in 2024, then gained by 22.98% to $17.4 billion in 2025, then gained by 9.75% to $19.1 billion in 2026.
  • Business Quant data shows TRGP's Total Debt at $19.1 billion in Q1 2026, $17.4 billion in Q4 2025, and $17.4 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 78.78 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 33.91 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 32.06 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 69.34 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 581.22 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 25.63 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 19.13 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 32.01 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 33.55 Bn
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn 23.75 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.13 Bn
Dec 31, 2025 17.43 Bn
Sep 30, 2025 17.43 Bn
Jun 30, 2025 16.85 Bn
Mar 31, 2025 16.21 Bn
Dec 31, 2024 14.17 Bn
Sep 30, 2024 14.25 Bn
Jun 30, 2024 13.57 Bn
Mar 31, 2024 13.06 Bn
Dec 31, 2023 12.95 Bn
Sep 30, 2023 12.92 Bn
Jun 30, 2023 12.40 Bn
Mar 31, 2023 12.18 Bn
Dec 31, 2022 11.54 Bn
Sep 30, 2022 11.20 Bn
Jun 30, 2022 7.46 Bn
Mar 31, 2022 7.25 Bn
Dec 31, 2021 6.60 Bn
Sep 30, 2021 6.77 Bn
Jun 30, 2021 6.98 Bn