Targa Resources Total Liabilities & Equity increased by 7.5% to $27.11B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.9%, from $22.80B to $27.11B. Over 5 years (FY 2020 to FY 2025), Total Liabilities & Equity shows an upward trend with a 9.7% CAGR.
An increase typically reflects overall balance sheet growth or expansion of the company's asset base, while a decrease may indicate divestitures or debt repayment.
This represents the sum of all claims against a company's assets, combining obligations to external creditors and the re...
This is a standard accounting identity used across all industries to verify that assets equal the sum of liabilities and equity.
total_liabilities_and_equity| 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 | $15.41B | $15.97B | $15.21B | $15.30B | $15.33B | $19.39B | $19.56B | $19.03B | $19.46B | $20.19B | $20.67B | $20.85B | $21.26B | $21.90B | $22.73B | $22.80B | $23.51B | $24.17B | $25.22B | $27.11B |
| QoQ Change | — | +3.6% | -4.8% | +0.6% | +0.3% | +26.4% | +0.9% | -2.7% | +2.3% | +3.7% | +2.4% | +0.8% | +2.0% | +3.0% | +3.8% | +0.3% | +3.1% | +2.8% | +4.3% | +7.5% |
| YoY Change | — | — | — | — | -0.5% | +21.4% | +28.6% | +24.4% | +26.9% | +4.1% | +5.7% | +9.6% | +9.3% | +8.5% | +10.0% | +9.4% | +10.6% | +10.4% | +10.9% | +18.9% |