What is Targa Resources's total assets?

Targa Resources (TRGP) reported total assets of $27.11B in Q1 2026.

How has Targa Resources's total assets changed year-over-year?

Targa Resources's total assets increased by 18.9% year-over-year, from $22.8B to $27.11B.

What is the long-term trend for Targa Resources's total assets?

Over 5 years (2020 to 2025), Targa Resources's total assets has grown at a 9.7% compound annual growth rate (CAGR), from $15.88B to $25.22B.

What does total assets mean?

The sum of everything the company owns — current assets, property, investments, goodwill, intangibles, and all other assets.

Targa Resources TRGP Total Assets

Total Assets at other companies

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$68.2B+6.1%

Enterprise Products PartnersEPD

$80.56B+6.8%

Energy TransferET

$147.48B+16.7%

MTD

Matador ResourcesMTDR

$12.17B+9.9%

NextDecade CorporationNEXT

$13.23B+91.9%

Kinder MorganKMI

——

Segments

By segment

See full

Gathering And Processing$16.47B+20.0%

Logistics And Transportation$10.38B+17.7%

Corporate Non Segment And Inter Segment Elimination$257.6M+2.5%

All Other Segments$100K—

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%

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:Assets.

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

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Questions, answered.

What is Targa Resources's total assets?: Targa Resources (TRGP) reported total assets of $27.11B in Q1 2026.
How has Targa Resources's total assets changed year-over-year?: Targa Resources's total assets increased by 18.9% year-over-year, from $22.8B to $27.11B.
What is the long-term trend for Targa Resources's total assets?: Over 5 years (2020 to 2025), Targa Resources's total assets has grown at a 9.7% compound annual growth rate (CAGR), from $15.88B to $25.22B.
What does total assets mean?: The sum of everything the company owns — current assets, property, investments, goodwill, intangibles, and all other assets.