Targa Resources Corp. balance sheet
At the end of its fiscal year on Dec 31, 2025, Targa Resources Corp. reported total assets of $25.22B and shareholders' equity of $3.07B. That works out to a current ratio of 0.67 (current assets ÷ current liabilities), long-term debt of 5.68× shareholders' equity.
Balance sheet at each fiscal year end
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $12.87B | $14.39B | $16.94B | $18.82B | $15.88B | $15.21B | $19.56B | $20.67B | $22.73B | $25.22B |
| Current assets | $1.01B | $1.27B | $1.42B | $1.66B | $1.46B | $1.77B | $2.36B | $2.19B | $2.30B | $2.36B |
| Cash & equivalents | $73.50M | $137.20M | $232.10M | $331.10M | $242.80M | $158.50M | $219.00M | $141.70M | $157.30M | $166.10M |
| Current liabilities | $1.17B | $1.62B | $2.80B | $1.87B | $1.78B | $2.30B | $3.07B | $2.76B | $3.17B | $3.55B |
| Long-term debt | $4.61B | $4.70B | $5.63B | $7.82B | $7.76B | $6.60B | $11.54B | $12.95B | $14.17B | $17.43B |
| Shareholders' equity | $5.25B | $6.16B | $6.08B | $4.92B | $2.65B | $2.01B | $2.67B | $2.74B | $2.59B | $3.07B |
| Reported in | 10-K 2018 | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 1389170 (raw data). Most recent filing in this dataset: 10-Q filed Aug 6, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.