63/100B295.29
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Last updated: · Delayed 15 min
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Q4 FY2026 · Earnings report
EPS estimate 2.91Revenue estimate 5.19B
Q4 FY2026 · Earnings report
EPS estimate 2.91Revenue estimate 5.19B
Targa Resources debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Targa Resources's debt to equity ratio is 5.20: total debt of 19.84B USD against shareholders' equity of 3.82B USD.
- Today
- 5.20
- Average, 5 years
- 5.16
- Low, 5 years
- 3.30
- High, 5 years
- 6.61
Debt to equity = total debt ÷ shareholders' equity = 19.84B ÷ 3.82B = 5.20
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 5.20 | 19.84B | 3.82B | |
| FY2025 | 31 Dec 2025 | 5.72 | 17.55B | 3.07B |
| FY2024 | 31 Dec 2024 | 5.50 | 14.27B | 2.59B |
| FY2023 | 31 Dec 2023 | 4.75 | 13.01B | 2.74B |
| FY2022 | 31 Dec 2022 | 4.34 | 11.57B | 2.67B |
| FY2021 | 31 Dec 2021 | 3.30 | 6.63B | 2.01B |
| FY2020 | 31 Dec 2020 | 2.94 | 7.80B | 2.65B |
| FY2019 | 31 Dec 2019 | 1.60 | 7.87B | 4.92B |
| FY2018 | 31 Dec 2018 | 1.10 | 6.66B | 6.08B |
| FY2017 | 31 Dec 2017 | 0.82 | 5.05B | 6.16B |
| FY2016 | 31 Dec 2016 | 0.93 | 4.88B | 5.25B |
| FY2015 | 31 Dec 2015 | 4.09 | 5.98B | 1.46B |
| FY2014 | 31 Dec 2014 | 18.07 | 3.07B | 169.80M |
| FY2013 | 31 Dec 2013 | 20.09 | 2.99B | 148.80M |
| FY2012 | 31 Dec 2012 | 17.18 | 2.48B | 144.10M |
| FY2011 | 31 Dec 2011 | 9.91 | 1.57B | 158.10M |
| FY2010 | 31 Dec 2010 | 10.64 | 1.53B | 144.30M |
| FY2009 | 31 Dec 2009 | 18.38 | 1.61B | 87.40M |
| FY2008 | 31 Dec 2008 | 14.77 | 1.99B | 134.70M |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 5.20 | 19.84B | 3.82B |
| Q2 FY2026 | 30 Jun 2026 | 5.51 | 20.14B | 3.66B |
| Q1 FY2026 | 31 Mar 2026 | 6.10 | 19.13B | 3.14B |
| Q4 FY2025 | 31 Dec 2025 | 5.72 | 17.55B | 3.07B |
| Q3 FY2025 | 30 Sept 2025 | 6.44 | 17.43B | 2.71B |
| Q2 FY2025 | 30 Jun 2025 | 6.51 | 16.85B | 2.59B |
| Q1 FY2025 | 31 Mar 2025 | 6.61 | 16.21B | 2.45B |
| Q4 FY2024 | 31 Dec 2024 | 5.50 | 14.27B | 2.59B |
| Q3 FY2024 | 30 Sept 2024 | 5.57 | 14.34B | 2.57B |
| Q2 FY2024 | 30 Jun 2024 | 5.53 | 13.65B | 2.47B |
| Q1 FY2024 | 31 Mar 2024 | 4.86 | 13.13B | 2.70B |
| Q4 FY2023 | 31 Dec 2023 | 4.75 | 13.01B | 2.74B |
| Q3 FY2023 | 30 Sept 2023 | 5.17 | 12.96B | 2.51B |
| Q2 FY2023 | 30 Jun 2023 | 4.65 | 12.44B | 2.68B |
| Q1 FY2023 | 31 Mar 2023 | 4.79 | 12.21B | 2.55B |
| Q4 FY2022 | 31 Dec 2022 | 4.34 | 11.57B | 2.67B |
| Q3 FY2022 | 30 Sept 2022 | 4.72 | 11.26B | 2.38B |
| Q2 FY2022 | 30 Jun 2022 | 3.60 | 7.46B | 2.07B |
| Q1 FY2022 | 31 Mar 2022 | 4.27 | 7.25B | 1.70B |
| Q4 FY2021 | 31 Dec 2021 | 3.30 | 6.63B | 2.01B |
| Q3 FY2021 | 30 Sept 2021 | 3.11 | 6.79B | 2.19B |
| Q2 FY2021 | 30 Jun 2021 | 3.19 | 6.98B | 2.19B |
| Q1 FY2021 | 31 Mar 2021 | 3.21 | 7.37B | 2.30B |
| Q4 FY2020 | 31 Dec 2020 | 2.94 | 7.80B | 2.65B |
| Q3 FY2020 | 30 Sept 2020 | 2.79 | 7.91B | 2.84B |
| Q2 FY2020 | 30 Jun 2020 | 2.69 | 7.84B | 2.92B |
| Q1 FY2020 | 31 Mar 2020 | 2.62 | 7.92B | 3.03B |
| Q4 FY2019 | 31 Dec 2019 | 1.60 | 7.87B | 4.92B |
| Q3 FY2019 | 30 Sept 2019 | 1.42 | 7.54B | 5.32B |
| Q2 FY2019 | 30 Jun 2019 | 1.26 | 7.00B | 5.54B |
| Q1 FY2019 | 31 Mar 2019 | 1.30 | 7.48B | 5.76B |
| Q4 FY2018 | 31 Dec 2018 | 1.10 | 6.66B | 6.08B |
| Q3 FY2018 | 30 Sept 2018 | 0.98 | 5.97B | 6.08B |
| Q2 FY2018 | 30 Jun 2018 | 0.90 | 5.57B | 6.22B |
| Q1 FY2018 | 31 Mar 2018 | 0.88 | 5.36B | 6.09B |
| Q4 FY2017 | 31 Dec 2017 | 0.82 | 5.05B | 6.16B |
| Q3 FY2017 | 30 Sept 2017 | 0.82 | 4.90B | 6.00B |
| Q2 FY2017 | 30 Jun 2017 | 0.69 | 4.44B | 6.46B |
| Q1 FY2017 | 31 Mar 2017 | 0.83 | 4.75B | 5.69B |
| Q4 FY2016 | 31 Dec 2016 | 0.93 | 4.88B | 5.25B |
| Q3 FY2016 | 30 Sept 2016 | 0.93 | 4.95B | 5.31B |
| Q2 FY2016 | 30 Jun 2016 | 0.95 | 5.00B | 5.27B |
| Q1 FY2016 | 31 Mar 2016 | 0.95 | 5.07B | 5.33B |
| Q4 FY2015 | 31 Dec 2015 | 4.09 | 5.98B | 1.46B |
| Q3 FY2015 | 30 Sept 2015 | 4.10 | 6.07B | 1.48B |
| Q2 FY2015 | 30 Jun 2015 | 3.90 | 5.92B | 1.52B |
| Q1 FY2015 | 31 Mar 2015 | 3.99 | 6.04B | 1.51B |
| Q4 FY2014 | 31 Dec 2014 | 18.07 | 3.07B | 169.80M |
| Q3 FY2014 | 30 Sept 2014 | 19.67 | 3.14B | 159.50M |
| Q2 FY2014 | 30 Jun 2014 | 20.08 | 3.05B | 151.80M |
| Q1 FY2014 | 31 Mar 2014 | 20.03 | 2.89B | 144.40M |
| Q4 FY2013 | 31 Dec 2013 | 20.09 | 2.99B | 148.80M |
| Q3 FY2013 | 30 Sept 2013 | 18.99 | 2.87B | 151.00M |
| Q2 FY2013 | 30 Jun 2013 | 22.71 | 2.73B | 120.10M |
| Q1 FY2013 | 31 Mar 2013 | 17.35 | 2.52B | 145.40M |
| Q4 FY2012 | 31 Dec 2012 | 17.18 | 2.48B | 144.10M |
| Q3 FY2012 | 30 Sept 2012 | 13.37 | 1.75B | 131.00M |
| Q2 FY2012 | 30 Jun 2012 | 11.43 | 1.61B | 140.90M |
| Q1 FY2012 | 31 Mar 2012 | 10.48 | 1.47B | 140.30M |
| Q4 FY2011 | 31 Dec 2011 | 9.91 | 1.57B | 158.10M |
| Q3 FY2011 | 30 Sept 2011 | 9.68 | 1.60B | 165.70M |
| Q2 FY2011 | 30 Jun 2011 | 7.47 | 1.27B | 169.50M |
| Q1 FY2011 | 31 Mar 2011 | 7.51 | 1.27B | 169.00M |
| Q4 FY2010 | 31 Dec 2010 | 10.64 | 1.53B | 144.30M |
| Q3 FY2010 | 30 Sept 2010 | 12.39 | 1.66B | 134.30M |
| Q2 FY2010 | 30 Jun 2010 | 27.73 | 1.63B | 58.60M |
| Q1 FY2010 | 31 Mar 2010 | — | — | — |
| Q4 FY2009 | 31 Dec 2009 | 18.38 | 1.61B | 87.40M |
| Q3 FY2009 | 30 Sept 2009 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about Targa Resources's debt to equity
Source: Financial Modeling Prep