Targa Resources (TRGP) Total Debt (2010 - 2026)
Targa Resources' (TRGP) quarterly Total Debt came in at $19.6 billion in Q2 2026, up 16.19% year-over-year from $16.9 billion in Q2 2025, and up 2.33% quarter-over-quarter from $19.1 billion in Q1 2026.
Analysis
Targa Resources (TRGP) Total Debt (2010 - 2026) Analysis & Trends
Targa Resources (TRGP) has reported Total Debt for 17 consecutive years, with $19.6 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Total Debt rose 16.19% year-over-year to $19.6 billion in Q2 2026; TTM through Jun 2026 was $19.6 billion, a 16.19% increase from a year earlier, with the FY2025 full-year figure at $17.4 billion, up 22.98% from the prior year.
- Total Debt was $19.6 billion for Q2 2026 at Targa Resources, up from $19.1 billion in the prior quarter.
- Over five years, Total Debt peaked at $19.6 billion in Q2 2026 and troughed at $7.2 billion in Q1 2022.
- A 5-year average of $13.9 billion and a median of $13.3 billion in 2024 frame the typical range for Total Debt.
- The widest YoY moves for Total Debt: up 74.87% in 2022, down 1.68% in 2022.
- Over 5 years, Total Debt stood at $11.5 billion in 2022, then grew by 12.29% to $13.0 billion in 2023, then advanced by 9.42% to $14.2 billion in 2024, then rose by 22.98% to $17.4 billion in 2025, then grew by 12.31% to $19.6 billion in 2026.
- The last three Total Debt figures came in at $19.6 billion (Q2 2026), $19.1 billion (Q1 2026), and $17.4 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 32.25 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 33.87 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 68.43 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 35.14 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 19.58 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 25.64 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 34.50 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 81.06 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 1.20 Bn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | 1,460.73 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.58 Bn |
| 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 | 6.79 Bn |