Targa Resources (MEX:TRGP) Interest Expense: MXN-16,165 Mil (TTM As of Mar. 2026)

What is Targa Resources Interest Expense?

Targa Resources MEX:TRGP 74 Interest Expense is MXN-16,165 Mil as of Mar. 2026. GuruFocus rates MEX:TRGP with a GF Score™ of 74/100 and a GF Value™ of MXN2,470.34. The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Targa Resources's interest expense for the three months ended in Mar. 2026 was MXN -4,104 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-16,165 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Targa Resources's Operating Income for the three months ended in Mar. 2026 was MXN 15,272 Mil. Targa Resources's Interest Expense for the three months ended in Mar. 2026 was MXN -4,104 Mil. Targa Resources's Interest Coverage for the quarter that ended in Mar. 2026 was 3.72. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Targa Resources (MEX:TRGP) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Targa Resources's Interest Expense for the three months ended in Mar. 2026 was MXN-4,104 Mil. Its Operating Income for the three months ended in Mar. 2026 was MXN15,272 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was MXN332,431 Mil.

Targa Resources's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	15271.894	/	-4104.243
	=	3.72

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Targa Resources Interest Expense Historical Data

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The historical data trend for Targa Resources's Interest Expense can be seen below:

Targa Resources Interest Expense Chart

Targa Resources Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-7,957.38

-8,697.17

-11,674.89

-16,000.49

-15,355.26

Targa Resources Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-4,032.31	-4,112.30	-4,059.57	-3,889.23	-4,104.24

74GF Score

Targa Resources Corp MEX:TRGP

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Targa Resources Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-16,165 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of MXN-16,165 Mil mean?

Targa Resources (MEX:TRGP) has a Interest Expense of MXN-16,165 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Targa Resources and its competitors.

Is Targa Resources' Interest Expense too high?

Targa Resources' current Interest Expense is MXN-16,165 Mil. Overall, Targa Resources has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.

How does Targa Resources' Interest Expense compare to MPLX and OKE?

Targa Resources' Interest Expense of MXN-16,165 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for an Oil & Gas company?

A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Targa Resources and its competitors. Targa Resources's current Interest Expense is MXN-16,165 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Targa Resources stock overvalued right now?

Targa Resources (MEX:TRGP) has a current Interest Expense of MXN-16,165 Mil. The stock's GF Value™ is MXN2,470.34, compared to a current price of MXN3,775.00 — trading 52.8% above its estimated fair value. The current Interest Expense is MXN-16,165 Mil. Targa Resources' overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Targa Resources (MEX:TRGP), the current Interest Expense is MXN-16,165 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Targa Resources (MEX:TRGP) Overvalued in 2026?

Based on GuruFocus' analysis, Targa Resources stock appears to be overvalued. The current stock price of MXN3,775.00 is trading 52.8% above its estimated GF Value™ of MXN2,470.34.

Key valuation signals for MEX:TRGP:

Interest Expense: MXN-16,165 Mil
GF Value™: MXN2,470.34 vs. price of MXN3,775.00 (52.8% above fair value)
GF Score™: 74/100 with 7 warning signs

No single metric tells the full story. See the MEX:TRGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Targa Resources Business Description

Industry Energy Oil & Gas

Comparable Companies MPLX OKE ET LNG KMI EPD CQP VG WMB WES TSX:ENB TSX:TRP TSX:PPL SHSE:601872 PAA DTM HKSE:01138 TSX:KEY TSX:ALA AM

Other Exchanges TRGP:USA 1TRGP:Italy 0LD9:UK TAR:Germany

Address 811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002

Website https://www.targaresources.com

Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).

74GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,775.00

Price

MXN2,470.34

GF Value

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