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Total Assets for Targa Resources (TRGP)

According to Targa Resources's latest reported financial statements, the company's latest reported total assets is $25.22B USD. Total assets sum everything the company reports owning at the end of each reporting period — cash, receivables, inventory, property, plant, equipment, intangibles, and other holdings — as filed on the balance sheet. Compare with total liabilities and net assets for the capital-structure picture.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Latest period

$25.22B

YoY change

+10.9%

5Y CAGR

+9.7%

Peak year (2025)

$25.22B

Latest annual

$25.22B

Total Assets history chart for Targa Resources (TRGP) from 2008 to 2025

Total Assets history table for Targa Resources (TRGP) from 2008 to 2025

Fiscal yearPeriod endedReportedTotal AssetsYoY
2025$25.22B+10.9%
2024$22.73B+10.0%
2023$20.67B+5.7%
2022$19.56B+28.6%
2021$15.21B-4.2%
2020$15.88B-15.6%
2019$18.82B+11.1%
2018$16.94B+17.7%
2017$14.39B+11.8%
2016$12.87B-2.9%
2015$13.25B+105.4%
2014$6.45B+6.7%
2013$6.05B+18.5%
2012$5.11B+33.3%
2011$3.83B+12.9%
2010$3.39B+0.8%
2009$3.37B-7.5%
2008$3.64B

Total Assets values are taken from Targa Resources's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

As of the 2025 fiscal year, Targa Resources (TRGP) reported total assets of $25.22B – grew 10.9% year-over-year.

Targa Resources total assets compound annual growth for the 2020–2025 (5 years) window is +9.7%, sustaining 4 straight years of year-over-year growth.

The highest annual total assets of $25.22B was reported in 2025. The lowest in the available history was $3.37B in 2009.

Among 8 Energy peers, Targa Resources (TRGP) ranks 9th; the peer median for total assets is $90.26B.

Targa Resources Total Assets by Year

Targa Resources Total Assets 2025: $25.22B

Targa Resources total assets in 2025 was $25.22B, grew 10.9% from 2024. This figure represents the highest annual value in the available history.

Targa Resources Total Assets 2024: $22.73B

Targa Resources total assets in 2024 was $22.73B, grew 10.0% from 2023.

Targa Resources Total Assets 2023: $20.67B

Targa Resources total assets in 2023 was $20.67B, grew 5.7% from 2022.

Targa Resources Total Assets 2022: $19.56B

Targa Resources total assets in 2022 was $19.56B, grew 28.6% from 2021.

Targa Resources Total Assets 2021: $15.21B

Targa Resources total assets in 2021 was $15.21B.

See more financial history for Targa Resources (TRGP).

Sector peers — Total Assets

Companies in the same sector as Targa Resources, ranked by their latest total assets.

CompanyTotal AssetsSector
Exxon Mobil Corporation (XOM)$448.98BEnergy
Chevron Corporation (CVX)$324.01BEnergy
Enbridge Inc. (ENB)$218.47BEnergy
ConocoPhillips (COP)$121.94BEnergy
The Williams Companies, Inc. (WMB)$58.57BEnergy
SLB N.V. (SLB)$54.87BEnergy
EOG Resources, Inc. (EOG)$51.80BEnergy
Valero Energy Corporation (VLO)$47.50BEnergy

Frequently asked questions

What is Targa Resources's total assets?

Latest reported total assets for Targa Resources (TRGP) is $25.22B (period ending December 31, 2025).

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

Targa Resources (TRGP) total assets changed +10.9% year-over-year on the latest annual filing.

What is the long-term growth rate of Targa Resources total assets?

Targa Resources (TRGP) total assets compound annual growth rate is +9.7% over the most recent 5 years available.

When did Targa Resources total assets hit its highest annual value?

Targa Resources total assets reached its highest annual value of $25.22B in 2025.

What was Targa Resources total assets in 2024?

Targa Resources (TRGP) total assets in 2024 was $22.73B.

What was Targa Resources total assets in 2025?

Targa Resources (TRGP) total assets in 2025 was $25.22B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.