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