Targa Resources Corp. company logo
Targa Resources Corp. logo

Targa Resources Corp. (TRGP) Debt To Equity Ratio

Annual Debt To Equity

5.500.75+15.79%

Summary

Current Value
As of today, TRGP annual debt to equity is 5.50, up +15.79% on
Historical Performance
TRGP annual debt to equity is up +129.17% over the past 3 years, and up +261.84% over the past 5 years
All-Time High Comparison
TRGP annual debt to equity is currently -72.62% below its historical high of 20.09 set on
3-Year Low Comparison
TRGP annual debt to equity is +26.73% above its 3-year low of 4.34 reached on an earlier date
Sector Comparison
TRGP annual debt to equity is higher than 95.22% of companies in Energy sector

Debt To Equity Chart

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Series
SUGGESTED SERIES

Performance

TRGP Performance
MetricDateValue1Y3Y5Y15Y
Annual Debt To Equity5.50+15.8%+129.2%+261.8%-51.5%
Quarterly Debt To Equity6.44+15.6%+36.4%+155.6%-39.8%
Price$177.91-4.4%+143.4%+523.1%+535.6%
Annual Total Debt$14.27B+9.6%+115.1%+81.1%+837.2%
Annual Shareholders Equity$2.59B-5.4%-6.1%-50.1%+1830.3%
Annual Current Ratio0.72-8.9%-6.5%-19.1%-41.5%
Annual Quick Ratio0.62-6.1%-11.4%-46.5%
Annual Short Term Debt$387.70M-37.5%+138.1%+100.0%
Annual Long Term Debt$13.88B+12.0%+114.5%+811.7%
Piotroski F-Score60.0%-25.0%+50.0%
Altman Z-Score2.30-3.0%+27.8%+155.6%+9.5%

Debt To Equity Highs

TRGP Annual Debt To Equity Highs Comparison
PeriodHighDateCurrent
3Y5.50at high
5Y5.50at high
All20.09-72.6%

Debt To Equity Lows

TRGP Annual Debt To Equity Lows Comparison
PeriodLowDateCurrent
3Y4.34N/A+26.7%
5Y2.40+129.2%
All0.79+596.2%

Debt To Equity History

YearValueChange
5.50+15.8%
4.75+9.4%
4.34+80.8%
2.40-9.1%
2.64+73.7%
1.52+44.8%
YearValueChange
1.05+32.9%
0.79-12.2%
0.90-77.8%
4.06-77.5%
18.07-

FAQ

  • What is the current annual debt to equity of TRGP?

    As of today, TRGP annual debt to equity is 5.50

  • What is 1-year change in TRGP annual debt to equity?

    TRGP annual debt to equity is up +15.79% year-over-year

  • What is 3-year change in TRGP annual debt to equity?

    TRGP annual debt to equity is up +129.17% over the past 3 years

  • How far is TRGP annual debt to equity from its all-time high?

    TRGP annual debt to equity is currently -72.62% below its historical high of 20.09 set on December 31, 2013

  • How does TRGP annual debt to equity rank versus sector peers?

    TRGP annual debt to equity is higher than 95.22% of companies in Energy sector

  • When is TRGP next annual earnings release?

    The next annual earnings release for TRGP is on

Debt To Equity Formula

Debt To Equity =  
Total Debt

Data Sources & References

  1. TRGP Official Website www.targaresources.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1389170/000119312525266435/0001193125-25-266435-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1389170/000095017025023983/0000950170-25-023983-index.htm
  4. TRGP Profile on Yahoo Finance finance.yahoo.com/quote/TRGP
  5. TRGP Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/trgp