What is Targa Resources's accrued interest?

Targa Resources (TRGP) reported accrued interest of $149.8M in Q1 2026.

How has Targa Resources's accrued interest changed year-over-year?

Targa Resources's accrued interest increased by 23.3% year-over-year, from $121.5M to $149.8M.

What is the long-term trend for Targa Resources's accrued interest?

Over 5 years (2020 to 2025), Targa Resources's accrued interest has grown at a 18.6% compound annual growth rate (CAGR), from $132.6M to $311M.

What does accrued interest mean?

Interest expense accrued but not yet paid on outstanding debt obligations, based on contractual interest rates and time elapsed.

Targa Resources TRGP Accrued interest

Accrued interest at other companies

OneokOKE

$515M+11.7%

Enterprise Products PartnersEPD

$288M+10.3%

Kinetik HoldingsKNTK

$38.81M0.0%

MPLXMPLX

$264M+30.0%

Range ResourcesRRC

$6.72M-72.8%

Kinder MorganKMI

——

Other financials

Income statement

See full

Revenue$4.1B-10.2%

Gross profit$1.7B+30.4%

Operating income$846.9M+55.9%

Net income$479.6M+77.3%

EPS (diluted)$2.21+143%

Balance sheet

See full

Cash & equivalents$100.1M-33.9%

Total debt$346.5M+17.0%

Total equity$3.1B+27.9%

Total assets$27.1B+18.9%

Cash flow

See full

Operating cash flow$739.5M-22.5%

CapEx$899.5M+13.5%

Free cash flow-$160.0M-199%

Valuation

See full

Market cap$57.55B+45.7%

Enterprise value$57.8B+45.6%

P/E27×+2.9×

P/S3.5×+1.2×

Profitability

See full

Gross margin41.8%+7.3pp

Operating margin21.9%+6.1pp

Net margin12.9%+4.9pp

FCF margin4.8%-3.1pp

Returns & leverage

See full

Return on equity76.3%+25.6pp

Debt / equity0.1×0.0×

Current ratio0.7×+0.1×

Where this comes from

Reported directly by Targa Resources in its filing.

Tagged under the XBRL concept us-gaap:InterestPayableCurrent.

The official record: Targa Resources’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about Targa Resources's accrued interest.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Targa Resources's accrued interest?: Targa Resources (TRGP) reported accrued interest of $149.8M in Q1 2026.
How has Targa Resources's accrued interest changed year-over-year?: Targa Resources's accrued interest increased by 23.3% year-over-year, from $121.5M to $149.8M.
What is the long-term trend for Targa Resources's accrued interest?: Over 5 years (2020 to 2025), Targa Resources's accrued interest has grown at a 18.6% compound annual growth rate (CAGR), from $132.6M to $311M.
What does accrued interest mean?: Interest expense accrued but not yet paid on outstanding debt obligations, based on contractual interest rates and time elapsed.