Total Liabilities for Targa Resources (TRGP)
According to Targa Resources's latest reported financial statements, the company's latest reported total liabilities is $22.02B USD. Total liabilities sum everything the company owes at the end of each reporting period — accounts payable, accrued expenses, debt, lease obligations, and other claims — as filed on the balance sheet. Compare with total assets and net assets for solvency context.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
TRGP
Currently viewingTotal LiabilitiesSwitch metric
Latest period
$22.02B
YoY change
+20.2%
5Y CAGR
+17.2%
Peak year (2025)
$22.02B
Latest annual
$22.02B
Total Liabilities history chart for Targa Resources (TRGP) from 2008 to 2025
Total Liabilities history table for Targa Resources (TRGP) from 2008 to 2025
| Fiscal year | Period ended | Reported | Total Liabilities | YoY |
|---|---|---|---|---|
| 2025 | $22.02B | +20.2% | ||
| 2024 | $18.32B | +14.0% | ||
| 2023 | $16.06B | +10.2% | ||
| 2022 | $14.58B | +45.3% | ||
| 2021 | $10.03B | +0.6% | ||
| 2020 | $9.97B | -3.9% | ||
| 2019 | $10.37B | +9.6% | ||
| 2018 | $9.47B | +24.0% | ||
| 2017 | $7.63B | +6.8% | ||
| 2016 | $7.15B | +2.7% | ||
| 2015 | $6.96B | +77.8% | ||
| 2014 | $3.91B | -1.1% | ||
| 2013 | $3.96B | +18.1% | ||
| 2012 | $3.35B | +34.0% | ||
| 2011 | $2.50B | +6.0% | ||
| 2010 | $2.36B | -9.8% | ||
| 2009 | $2.61B | -7.3% | ||
| 2008 | $2.82B | — |
Total Liabilities 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
2025's annual total liabilities for Targa Resources (TRGP) came in at $22.02B – grew 20.2% year-over-year.
Across 2020–2025 (5 years), Targa Resources total liabilities produced a CAGR of +17.2% – with the latest reading among the more recent periods of the dataset.
2025 marks the peak total liabilities at $22.02B, with the historical low of $2.36B recorded in 2010.
Within Energy, Targa Resources (TRGP) ranks 8th among 8 peers we track. The peer median for total liabilities is $50.52B.
Targa Resources Total Liabilities by Year
Targa Resources Total Liabilities 2025: $22.02B
Targa Resources total liabilities in 2025 was $22.02B, grew 20.2% from 2024. This figure represents the highest annual value in the available history.
Targa Resources Total Liabilities 2024: $18.32B
Targa Resources total liabilities in 2024 was $18.32B, grew 14.0% from 2023.
Targa Resources Total Liabilities 2023: $16.06B
Targa Resources total liabilities in 2023 was $16.06B, grew 10.2% from 2022.
Targa Resources Total Liabilities 2022: $14.58B
Targa Resources total liabilities in 2022 was $14.58B, surged 45.3% from 2021.
Targa Resources Total Liabilities 2021: $10.03B
Targa Resources total liabilities in 2021 was $10.03B.
See more financial history for Targa Resources (TRGP).
Sector peers — Total Liabilities
Companies in the same sector as Targa Resources, ranked by their latest total liabilities.
| Company | Total Liabilities | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $182.35B | Energy |
| Enbridge Inc. (ENB) | $152.55B | Energy |
| Chevron Corporation (CVX) | $131.84B | Energy |
| ConocoPhillips (COP) | $57.45B | Energy |
| The Williams Companies, Inc. (WMB) | $43.58B | Energy |
| SLB N.V. (SLB) | $27.58B | Energy |
| Valero Energy Corporation (VLO) | $23.78B | Energy |
| EOG Resources, Inc. (EOG) | $21.97B | Energy |
Frequently asked questions
What is Targa Resources's total liabilities?
- Latest reported total liabilities for Targa Resources (TRGP) is $22.02B (period ending December 31, 2025).
How has Targa Resources total liabilities changed year-over-year?
- Targa Resources (TRGP) total liabilities changed +20.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Targa Resources total liabilities?
- Targa Resources (TRGP) total liabilities compound annual growth rate is +17.2% over the most recent 5 years available.
When did Targa Resources total liabilities hit its highest annual value?
- Targa Resources total liabilities reached its highest annual value of $22.02B in 2025.
What was Targa Resources total liabilities in 2024?
- Targa Resources (TRGP) total liabilities in 2024 was $18.32B.
What was Targa Resources total liabilities in 2025?
- Targa Resources (TRGP) total liabilities in 2025 was $22.02B.
Metrics overview
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