Targa Resources Net Debt per Share History
TRGP / Energy|10 years of SEC 10-K data (FY2016-FY2025)
79.29 in FY2025 with a 5-year CAGR of +19.7%. Ranks 3rd among 73 companies in Energy.
Increased from $56.68 to $79.29 over the past 2 years.
Among 73 Energy companies, Targa Resources is in the bottom 4% for net debt per share. Net Debt per Share has increased for 4 consecutive years, from $28.21 in FY2021 to $79.29 in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 1.19 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 63.9%
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +17.4%
- 5-Year CAGR
- +19.7%
- 10-Year CAGR
- -
Net Debt per Share Trend
Bottom 4% in EnergyTop 96% of 73This company $79.29 Sector average $19.29
▼
+311.0% above sector average
Key Insights
- Targa Resources's net debt per share has grown for 4 consecutive years.
- In FY2025, net debt per share increased 25.9% year-over-year.
- Ranks #3 out of 73 companies in the Energy sector.
- Lowest net debt per share in the period was in FY2017.
Annual Data
| Year | Net Debt per Share | YoY Growth |
|---|---|---|
| FY2025 | $79.29 | +25.9% |
| FY2024 | $62.97 | +11.1% |
| FY2023 | $56.68 | +15.7% |
| FY2022 | $48.97 | +73.6% |
| FY2021 | $28.21 | -12.6% |
| FY2020 | $32.27 | -0.2% |
| FY2019 | $32.32 | +9.4% |
| FY2018 | $29.55 | +24.4% |
| FY2017 | $23.76 | -23.7% |
| FY2016 | $31.14 | -71.2% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026