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Targa Resources Corp. Long-Term Debt 2010-2026 | TRGP

Annual FY2010–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$16.66B

+20.9%YoY vs FY2024Source: 10-KFY2025

From $1.53B in FY2010 to $16.66B in FY2025: 10.9× in 15 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$18.4B+18.6%Not reportedNot reportedNot reported
FY25$15.5B+24.3%$16.1B+24.0%$16.7B+23.1%$16.7B+20.9%
FY24$12.5B+9.4%$13.0B+9.8%$13.6B+10.4%$13.8B+11.8%
FY23$11.4B+64.2%$11.8B+67.6%$12.3B+18.1%$12.3B+15.2%
FY22$7.0B−1.8%$7.0B+6.7%$10.4B+62.1%$10.7B+66.3%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date.

Key Statistics

Trend DirectionGrowing
CAGR

+17.7%

FY2020
$7.39B
FY2025
$16.66B

5 years selected · on the chart

Long-Term Debt History

Year-over-year comparison from 10-K annual reports

  1. $16.66B
YoY changeLargest recent move+66.3%in FY22Latest +20.9%

Long-Term Debt, period by period

PeriodValueChangeSource
FY2025$16.66B+20.9%10-K
FY2024$13.79B+11.8%10-K
FY2023$12.33B+15.2%10-K
FY2022$10.70B+66.3%10-K
FY2021$6.43B−12.9%10-K
FY2020$7.39B−0.7%10-K
FY2019$7.44B+32.1%10-K
FY2018$5.63B+19.8%10-K
FY2017$4.70B+2.1%10-K
FY2016$4.61B−19.5%10-K
FY2015$5.72B+98.2%10-K
FY2014$2.89B−3.5%10-K
FY2013$2.99B+20.8%10-K
FY2012$2.48B+58.0%10-K
FY2011$1.57B+2.1%10-K
FY2010$1.53B—10-K

What is long-term debt?

Long-term debt includes bonds, mortgages, and other borrowings with maturities greater than one year.

What is Targa Resources Corp.'s current long-term debt?

Targa Resources Corp. (TRGP) annual long-term debt for 2025 was $16.66B, a 20.86% increase from 2024. Targa Resources Corp. long-term debt for the quarter ending March 31, 2026 was $18.43B.

What was Targa Resources Corp.'s long-term debt in 2024?

Targa Resources Corp. annual long-term debt for 2024 was $13.79B, a 11.79% increase from 2023.

What was Targa Resources Corp.'s long-term debt in 2023?

Targa Resources Corp. annual long-term debt for 2023 was $12.33B, a 15.24% increase from 2022.

What is Targa Resources Corp.'s 5-year long-term debt CAGR?

Targa Resources Corp. long-term debt grew at a compound annual growth rate (CAGR) of 17.67% from FY2020 to FY2025, going from $7.39B to $16.66B over 5 years.

Company
Targa Resources Corp.
Ticker
TRGP
Sector
Energy
Industry
Natural Gas Transmission