FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8P

Three-Statement Breakdown

TRGP
2026-06-30 · figures in $M

NET DEBT UP

Net debt rose 2.2% to $19.4B — the highest of its last 8 readings, and stands at 3.54× annualized EBITDA.

CASH +32.2%
132
TOTAL DEBT +2.3%
19,578
NET DEBT +2.2%
19,446
NET DEBT / ANN. EBITDA -3.0%
3.54× TARGET <2.0×
Balance sheet TTM 24-09 TTM 24-12 TTM 25-03 TTM 25-06 TTM 25-09 TTM 25-12 TTM 26-03 vs prior TTM YoY
Cash & equivalents
10-Q
127 157 151 113 124 166 100 132 +32.2% +17.0%
Accounts receivable
10-Q
1,301 1,618 1,403 1,409 1,408 1,475 1,692 1,952 +15.4% +38.6%
Inventories
10-Q
415 334 256 444 491 429 334 312 -6.8% -29.7%
Other current assets
10-Q
110 125 191 164 157 138 211 158 -25.5% -3.8%
Total current assets
10-Q
2,028 2,296 2,076 2,207 2,280 2,363 2,438 2,629 +7.8% +19.1%
Current ratio
10-Q
0.77× 0.72× 0.65× 0.69× 0.77× 0.67× 0.72× 0.77× +7.3% +10.9%
Goodwill
10-Q
45 45 45 45 45 112 119 119 +0.0% +163.1%
Property, plant & equipment
10-Q
17,425 18,063 18,406 19,020 19,610 20,535 21,771 23,063 +5.9% +21.3%
Total assets
10-Q
21,904 22,734 22,800 23,513 24,175 25,218 27,107 28,515 +5.2% +21.3%
Return on assets (annualized)
10-Q
5.8% 5.8% 5.7% 7.0% 7.2% 7.6% 7.9% 8.0% +1.1% +14.2%
Accounts payable
10-Q
1,468 2,012 1,890 1,727 1,584 1,873 1,988 2,108 +6.1% +22.1%
Accrued liabilities
10-Q
321 336 164 214 281 359 193 288 +49.1% +34.6%
Total current liabilities
10-Q
2,627 3,173 3,198 3,177 2,947 3,547 3,396 3,411 +0.4% +7.4%
Long-term debt
10-Q
13,601 13,787 15,548 16,082 16,742 16,662 18,435 19,020 +3.2% +18.3%
Total liabilities
17,445 18,316 20,228 20,801 21,341 22,020 23,838 24,719 +3.7% +18.8%
Net debt
14,128 14,017 16,057 16,737 17,307 17,266 19,032 19,446 +2.2% +16.2%
Stockholders' equity
10-Q
4,458 4,418 2,573 2,711 2,834 3,198 3,269 3,796 +16.1% +40.0%
Net debt / TTM EBITDA
10-Q
3.52× 3.40× 3.97× 3.74× 3.75× 3.56× 3.65× 3.54× -3.0% -5.2%

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · NET DEBT · QoQ BRIDGE
FROM19,032 TOTAL DEBT+446 CASH & EQUIVALENTS-32 TO19,446
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-06 ↗