Other
Long-Term Debt and Lease Obligation
Targa Resources Long-Term Debt and Lease Obligation increased by 10.6% to $18.43B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.6%, from $15.55B to $18.43B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt and Lease Obligation shows an upward trend with a 17.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026
How to read this metric
High levels indicate significant leverage, which can amplify returns but also increase financial risk during economic downturns.
Detailed definition
This represents the principal amount of debt and lease obligations that are due beyond the next twelve months. It reflec...
Peer comparison
Standard across all capital-intensive industries; compared against EBITDA to determine debt-to-EBITDA leverage ratios.
Metric ID:
other_long_term_debt_and_capital_lease_obligationsHistorical 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 | $6.60B | $6.43B | $6.43B | $6.96B | $7.05B | $10.43B | $10.70B | $11.44B | $11.81B | $12.32B | $12.33B | $12.51B | $12.97B | $13.60B | $13.79B | $15.55B | $16.08B | $16.74B | $16.66B | $18.43B |
| QoQ Change | — | -2.6% | +0.0% | +8.2% | +1.2% | +48.0% | +2.6% | +6.9% | +3.3% | +4.3% | +0.1% | +1.4% | +3.6% | +4.9% | +1.4% | +12.8% | +3.4% | +4.1% | -0.5% | +10.6% |
| YoY Change | — | — | — | — | +6.7% | +62.1% | +66.3% | +64.2% | +67.6% | +18.1% | +15.2% | +9.4% | +9.8% | +10.4% | +11.8% | +24.3% | +24.0% | +23.1% | +20.9% | +18.6% |
Range$6.43B – $18.43B
CAGR+24.1%
Avg YoY Growth+28.3%
Median YoY Growth+19.7%
Long-Term Debt and Lease Obligation at Other Companies
Frequently Asked Questions
- What is Targa Resources's long-term debt and lease obligation?
- Targa Resources (TRGP) reported long-term debt and lease obligation of $18.43B in Q1 2026.
- How has Targa Resources's long-term debt and lease obligation changed year-over-year?
- Targa Resources's long-term debt and lease obligation increased by 18.6% year-over-year, from $15.55B to $18.43B.
- What is the long-term trend for Targa Resources's long-term debt and lease obligation?
- Over 5 years (2020 to 2025), Targa Resources's long-term debt and lease obligation has grown at a 17.7% compound annual growth rate (CAGR), from $7.39B to $16.66B.
- What does long-term debt and lease obligation mean?
- Long-term debt and lease payments due after one year.