Other
Equity method investments (Note 11)
Targa Resources Equity method investments (Note 11) increased by 2.6% to $315.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 44.8%, from $217.60M to $315.00M. Over 5 years (FY 2020 to FY 2025), Equity method investments (Note 11) shows a downward trend with a -15.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2026
Last reportedQ1 2026
How to read this metric
Growth indicates strategic expansion into partnerships, while a decline may signal divestment or poor performance of the investee.
Detailed definition
This represents the company's investment in entities where it exercises significant influence but does not have full con...
Peer comparison
Common in the mining sector for joint ventures; peers often use this to share risk in large-scale projects.
Metric ID:
other_equity_method_investmentsHistorical Data
20 periods
| 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 | $685.20M | $674.60M | $586.50M | $579.80M | $137.10M | $136.40M | $131.30M | $134.70M | $131.80M | $138.30M | $146.30M | $152.20M | $159.80M | $177.30M | $193.30M | $217.60M | $268.60M | $315.90M | $307.10M | $315.00M |
| QoQ Change | — | -1.5% | -13.1% | -1.1% | -76.4% | -0.5% | -3.7% | +2.6% | -2.2% | +4.9% | +5.8% | +4.0% | +5.0% | +11.0% | +9.0% | +12.6% | +23.4% | +17.6% | -2.8% | +2.6% |
| YoY Change | — | — | — | — | -80.0% | -79.8% | -77.6% | -76.8% | -3.9% | +1.4% | +11.4% | +13.0% | +21.2% | +28.2% | +32.1% | +43.0% | +68.1% | +78.2% | +58.9% | +44.8% |
Range$131.30M – $685.20M
CAGR-15.1%
Avg YoY Growth+5.1%
Median YoY Growth+17.1%
Equity method investments (Note 11) at Other Companies
Frequently Asked Questions
- What is Targa Resources's equity method investments (note 11)?
- Targa Resources (TRGP) reported equity method investments (note 11) of $315.00M in Q1 2026.
- How has Targa Resources's equity method investments (note 11) changed year-over-year?
- Targa Resources's equity method investments (note 11) increased by 44.8% year-over-year, from $217.60M to $315.00M.
- What is the long-term trend for Targa Resources's equity method investments (note 11)?
- Over 5 years (2020 to 2025), Targa Resources's equity method investments (note 11) has grown at a -15.5% compound annual growth rate (CAGR), from $714.00M to $307.10M.
- What does equity method investments (note 11) mean?
- Investments in companies where the firm has significant influence but not control.