Non-Current Assets
PP&E (Net)
Targa Resources PP&E (Net) increased by 6.0% to $21.77B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.3%, from $18.41B to $21.77B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 11.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.
Detailed definition
The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...
Peer comparison
Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.
Metric ID:
property_plant_equipment_netHistorical 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 | $12.00B | $11.92B | $11.67B | $11.65B | $11.88B | $13.72B | $14.21B | $14.47B | $14.89B | $15.33B | $15.81B | $16.28B | $16.89B | $17.43B | $18.06B | $18.41B | $19.02B | $19.61B | $20.53B | $21.77B |
| QoQ Change | — | -0.6% | -2.1% | -0.1% | +1.9% | +15.5% | +3.6% | +1.8% | +2.9% | +3.0% | +3.1% | +3.0% | +3.7% | +3.2% | +3.7% | +1.9% | +3.3% | +3.1% | +4.7% | +6.0% |
| YoY Change | — | — | — | — | -1.0% | +15.0% | +21.8% | +24.2% | +25.4% | +11.8% | +11.2% | +12.5% | +13.4% | +13.6% | +14.3% | +13.0% | +12.6% | +12.5% | +13.7% | +18.3% |
Range$11.65B – $21.77B
CAGR+13.4%
Avg YoY Growth+14.5%
Median YoY Growth+13.5%
Current Streak16 quarters growth
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Targa Resources's pp&e (net)?
- Targa Resources (TRGP) reported pp&e (net) of $21.77B in Q1 2026.
- How has Targa Resources's pp&e (net) changed year-over-year?
- Targa Resources's pp&e (net) increased by 18.3% year-over-year, from $18.41B to $21.77B.
- What is the long-term trend for Targa Resources's pp&e (net)?
- Over 5 years (2020 to 2025), Targa Resources's pp&e (net) has grown at a 11.0% compound annual growth rate (CAGR), from $12.17B to $20.53B.
- What does pp&e (net) mean?
- The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.