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Screener Weekly Summary Pricing

Targa Resources, Inc. TRGP

Energy  —  Oil & Gas Midstream
277.84 (5.31) (1.88%) as of 25 Sep
Market cap
$60.7B
P/E
26.5×
S&P 500 Member Dividend Champion (5y) Cash Flow Champion (5y)
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Targa Resources, Inc. (TRGP) Debt to equity

Targa Resources, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 5.2×, down 0.3× from fiscal 2025 (5.5×). Over the past ten years it has ranged from 0.7× (fiscal 2017) to 5.5× (fiscal 2025) — the current reading is the highest in ten years. That is above the Oil & Gas Midstream industry median of 0.8× and above the Energy sector median of 0.4×.

Debt to equity, annual

Annual

Period Debt to equity Change
FY2025 5.5× 69.90%
FY2024 3.2× 14.17%
FY2023 2.8× 21.36%
FY2022 2.3× 108.08%
FY2021 1.1× (10.98%)
FY2020 1.3× 39.37%
FY2019 0.9× 3.92%
FY2018 0.9× 19.10%
FY2017 0.7× (12.18%)
FY2016 0.8× (13.15%)

Quarterly

Period Debt to equity Change
Jun 2026 5.2× (11.87%)
Mar 2026 5.9× 7.37%
Dec 2025 5.5× (11.39%)
Sep 2025 6.2× (1.02%)
42 more quarters

Against its own ten years

Low 0.7× High 5.5×
Ten-year median 1.1×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
KMI Kinder Morgan, Inc. compare 1.0×
EPD Enterprise Products Partners L.P. compare 1.1×
ET Energy Transfer LP compare 1.4×
OKE ONEOK, Inc. compare 1.4×
TRP TC Energy Corporation compare 1.7×
MPLX MPLX LP compare 1.8×
WMB Williams Companies, Inc. (The) compare 2.0×
LNG Cheniere Energy, Inc. compare 2.1×
TRGP Targa Resources, Inc. 5.2×
Oil & Gas Midstream industry median 0.8×
Energy sector median 0.4×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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