Discontinued — last reported Q2 '24
Finance Lease Liabilities
Targa Resources Finance Lease Liabilities decreased by 4.1% to $249.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $235.80M to $249.60M. Over 5 years (FY 2020 to FY 2025), Finance Lease Liabilities shows an upward trend with a 69.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Higher levels increase the company's long-term leverage and fixed-cost base, while lower levels indicate a more equity-funded or asset-light approach.
Detailed definition
The long-term portion of obligations for leases that are classified as financing arrangements, typically involving the e...
Peer comparison
Analyzed alongside long-term debt to determine the total contractual leverage and solvency risk of the business.
finance_lease_liabilitiesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $15.70M | $14.70M | $13.70M | $13.60M | $19.60M | $39.90M | $193.00M | $208.90M | $224.80M | $238.40M | $244.10M | $233.00M | $242.50M | $237.30M | $240.40M | $235.80M | $239.60M | $267.70M | $260.40M | $249.60M |
| QoQ Change | — | -6.4% | -6.8% | -0.7% | +44.1% | +103.6% | +383.7% | +8.2% | +7.6% | +6.0% | +2.4% | -4.5% | +4.1% | -2.1% | +1.3% | -1.9% | +1.6% | +11.7% | -2.7% | -4.1% |
| YoY Change | — | — | — | — | +24.8% | +171.4% | >999% | >999% | >999% | +497.5% | +26.5% | +11.5% | +7.9% | -0.5% | -1.5% | +1.2% | -1.2% | +12.8% | +8.3% | +5.9% |
Finance Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Targa Resources's finance lease liabilities?
- Targa Resources (TRGP) reported finance lease liabilities of $249.60M in Q1 2026.
- How has Targa Resources's finance lease liabilities changed year-over-year?
- Targa Resources's finance lease liabilities increased by 5.9% year-over-year, from $235.80M to $249.60M.
- What is the long-term trend for Targa Resources's finance lease liabilities?
- Over 5 years (2020 to 2025), Targa Resources's finance lease liabilities has grown at a 69.3% compound annual growth rate (CAGR), from $18.70M to $260.40M.
- What does finance lease liabilities mean?
- Long-term debt owed for assets the company is buying through a lease-to-own arrangement.