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Targa Resources TRGP Gathering And Processing — Total Assets

Other segment segments

Logistics And Transportation
$10.38B+17.7%
Corporate Non Segment And Inter Segment Elimination
$257.6M+2.5%
All Other Segments
$100K

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Other financials

Income statement

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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

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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

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Operating cash flow$739.5M-22.5%
CapEx$899.5M+13.5%
Free cash flow-$160.0M-199%

Valuation

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Market cap$58.69B+58.5%
Enterprise value$58.94B+58.6%
P/E27.5×-0.8×
P/S3.5×+1.3×

Profitability

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Gross margin41.8%+7.3pp
Operating margin21.9%+6.1pp
Net margin12.9%+4.9pp
FCF margin4.8%-3.1pp

Returns & leverage

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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 gathering and processing — total assets?
Targa Resources (TRGP) reported gathering and processing — total assets of $16.47B in Q1 2026.
How has Targa Resources's gathering and processing — total assets changed year-over-year?
Targa Resources's gathering and processing — total assets increased by 20.0% year-over-year, from $13.73B to $16.47B.
What is the long-term trend for Targa Resources's gathering and processing — total assets?
Over 4 years (2021 to 2025), Targa Resources's gathering and processing — total assets has grown at a 13.9% compound annual growth rate (CAGR), from $33.69B to $56.69B.
What does gathering and processing — total assets mean?
This represents the total book value of the physical assets, including pipelines, processing plants, and related equipment, dedicated to the gathering and processing segment. It reflects the capital intensity of the business and the scale of the infrastructure footprint. This metric is essential for calculating return on assets and assessing capital allocation.