Targa Resources Corp.
TRGPNYSENatural Gas TransmissionFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 9/3041% above fair value
$294.73−20.26 (-6.43%)
Close on Nov 2, 2026Market cap $63.20BP/E 28.1Yield 1.27%
Targa Resources PP&E Gross by Year
PP&E Gross — Construction in Progress (Active Growth Capex Backlog) ($M)
Targa Resources PP&E Gross: $2,805M in FY2025, up 64.7% from a year earlier.
Latest, FY2025
2,805
Period ended Dec 31, 2025
Change on a year earlier
+64.7%
1,703 in FY2024
History
7 years
Since FY2019
Sources
7
Documents cited below
Where the FY2025 figure comes from
“|| Construction in progress | 2,816.4 | 2,804.9 | —”
Reported in Form 10-K / 10-Q PP&E Footnote.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | PP&E Gross — Construction in Progress (Active Growth Capex Backlog) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2,805 | +64.7% | Q2 2026 Form 10-Q (2026-08-06) ↗ |
| FY2024 | Dec 31, 2024 | 1,703 | +16.9% | Q3 2025 Form 10-Q (2025-11-05) ↗ |
| FY2023 | Dec 31, 2023 | 1,456 | +44.0% | Q3 2024 Form 10-Q (2024-11-05) ↗ |
| FY2022 | Dec 31, 2022 | 1,011 | +191.4% | Q3 2023 Form 10-Q (2023-11-02) ↗ |
| FY2021 | Dec 31, 2021 | 347 | +7.0% | Q3 2022 Form 10-Q (2022-11-03) ↗ |
| FY2020 | Dec 31, 2020 | 324 | -79.4% | Q3 2021 Form 10-Q (2021-11-04) ↗ |
| FY2019 | Dec 31, 2019 | 1,577 | – | FY2020 Form 10-K (2021-02-18) ↗ |
Cite this data
StockData. (2026). Targa Resources PP&E Gross ($M), annual FY2019–FY2025 [Data set]. Compiled from Targa Resources SEC filings and investor materials. https://stockdatahq.com/stocks/trgp/kpis/ppe-construction-in-progress
See every metric in the Targa Resources KPI table. Data updated Nov 3, 2026.