Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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