What is Targa Resources's D&A?

Targa Resources (TRGP) reported D&A of $426M in Q1 2026.

How has Targa Resources's D&A changed year-over-year?

Targa Resources's D&A increased by 15.9% year-over-year, from $367.6M to $426M.

What is the long-term trend for Targa Resources's D&A?

Over 4 years (2021 to 2025), Targa Resources's D&A has grown at a 14.9% compound annual growth rate (CAGR), from $870.6M to $1.52B.

Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

Targa Resources TRGP D&A

D&A at other companies

OneokOKE

$378M-0.5%

Energy TransferET

$1.58B+15.8%

MTD

Matador ResourcesMTDR

$292.7M+3.8%

NextDecade CorporationNEXT

$3.03M-3.7%

Kinetik HoldingsKNTK

$101.83M+9.9%

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$58.69B+58.5%

Enterprise value$58.94B+58.6%

P/E27.5×-0.8×

P/S3.5×+1.3×

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:DepreciationDepletionAndAmortization.

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 d&a.

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

Connect your AI

Claude

Questions, answered.

What is Targa Resources's D&A?: Targa Resources (TRGP) reported D&A of $426M in Q1 2026.
How has Targa Resources's D&A changed year-over-year?: Targa Resources's D&A increased by 15.9% year-over-year, from $367.6M to $426M.
What is the long-term trend for Targa Resources's D&A?: Over 4 years (2021 to 2025), Targa Resources's D&A has grown at a 14.9% compound annual growth rate (CAGR), from $870.6M to $1.52B.
What does D&A mean?: Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.