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

Targa Resources' (TRGP) quarterly Total Debt came in at $19.0 billion in Q1 2026, up 17.88% year-on-year from $16.1 billion in Q1 2025, and up 14.24% on a QoQ basis from $16.7 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 $19.0 billion in Q1 2026.

  • On a quarterly basis, Total Debt rose 17.88% year-over-year to $19.0 billion in Q1 2026; TTM through Mar 2026 was $19.0 billion, a 17.88% increase from a year earlier, with the FY2025 full-year figure at $16.7 billion, up 17.55% from the prior year.
  • Total Debt for Q1 2026 stood at $19.0 billion, up from $16.7 billion in the prior quarter.
  • Over the last five years, Total Debt for TRGP reached as high as $19.0 billion in Q1 2026 and fell as low as $7.2 billion in Q1 2022.
  • Historically, Total Debt has averaged $13.5 billion across 5 years, with a median of $13.1 billion in 2024.
  • On a YoY basis, Total Debt climbed as much as 74.87% in 2022 and fell as far as 1.71% in 2022.
  • Year by year, Total Debt stood at $11.5 billion in 2022, then rose by 11.89% to $12.9 billion in 2023, then grew by 9.81% to $14.2 billion in 2024, then increased by 17.55% to $16.7 billion in 2025, then climbed by 14.24% to $19.0 billion in 2026.
  • Per Business Quant data, the three most recent Total Debt figures were $19.0 billion in Q1 2026, $16.7 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 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 110.18 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 1.82 Bn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 32.25 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 78.78 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 33.91 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 33.55 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 69.36 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 19.03 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 33.65 Bn
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 25.63 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.03 Bn
Dec 31, 2025 16.66 Bn
Sep 30, 2025 17.43 Bn
Jun 30, 2025 16.85 Bn
Mar 31, 2025 16.15 Bn
Dec 31, 2024 14.17 Bn
Sep 30, 2024 14.20 Bn
Jun 30, 2024 13.57 Bn
Mar 31, 2024 13.06 Bn
Dec 31, 2023 12.91 Bn
Sep 30, 2023 12.88 Bn
Jun 30, 2023 12.36 Bn
Mar 31, 2023 12.14 Bn
Dec 31, 2022 11.54 Bn
Sep 30, 2022 11.20 Bn
Jun 30, 2022 7.45 Bn
Mar 31, 2022 7.23 Bn
Dec 31, 2021 6.60 Bn
Sep 30, 2021 6.77 Bn
Jun 30, 2021 6.98 Bn