Targa Resources (TRGP) Total Non-Current Liabilities (2010 - 2026)
Targa Resources' Total Non-Current Liabilities came in at $24.31 billion for Q2 2026, up 19.1% from $20.41 billion a year earlier and up 3.8% from the prior quarter.
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Analysis
Targa Resources (TRGP) Total Non-Current Liabilities (2010 - 2026) Analysis & Trends
At the end of FY2025, Targa Resources' Total Non-Current Liabilities was $21.63 billion, up 20.7% from FY2024.
- Total Non-Current Liabilities has increased in each of the last five years, with a five-year compound annual growth rate of 16.9% (FY2020 to FY2025).
- Going back by year, Total Non-Current Liabilities was $17.92 billion in FY2024 (+12.3%), $15.96 billion in FY2023 (+10.2%), $14.48 billion in FY2022 (+45.4%) and $9.96 billion in FY2021 (+0.5%).
- The Q2 2026 figure represents the highest quarterly Total Non-Current Liabilities in data going back to Q4 2010.
- Year-over-year, Total Non-Current Liabilities has increased for 22 consecutive quarters, with growth averaging 18.8% over the last eight quarters.
- Across the past five years, year-over-year growth in Total Non-Current Liabilities ran from 0.5% in Q4 2021 to 45.4% in Q4 2022.
- Business Quant data shows TRGP's Total Non-Current Liabilities at $23.42 billion (Q1 2026), $21.63 billion (Q4 2025) and $20.95 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 109.03 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 49.82 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 95.70 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 35.54 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 24.31 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 27.95 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 44.91 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 34.98 Bn |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 48.75 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.31 Bn |
| Mar 31, 2026 | 23.42 Bn |
| Dec 31, 2025 | 21.63 Bn |
| Sep 30, 2025 | 20.95 Bn |
| Jun 30, 2025 | 20.41 Bn |
| Mar 31, 2025 | 19.84 Bn |
| Dec 31, 2024 | 17.92 Bn |
| Sep 30, 2024 | 17.11 Bn |
| Jun 30, 2024 | 16.61 Bn |
| Mar 31, 2024 | 15.96 Bn |
| Dec 31, 2023 | 15.96 Bn |
| Sep 30, 2023 | 15.45 Bn |
| Jun 30, 2023 | 14.56 Bn |
| Mar 31, 2023 | 14.27 Bn |
| Dec 31, 2022 | 14.48 Bn |
| Sep 30, 2022 | 14.29 Bn |
| Jun 30, 2022 | 10.65 Bn |
| Mar 31, 2022 | 10.98 Bn |
| Dec 31, 2021 | 9.96 Bn |
| Sep 30, 2021 | 10.28 Bn |
API Access
Targa Resources Total Non-Current Liabilities API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-non-current-liabilities&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-non-current-liabilities&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();