TRGPNEUTRAL

TRGP Debt-to-Equity Ratio Analysis

5.14x

Updated 201h ago·SEC filings & market data

Key Takeaway

The debt-to-equity ratio compares a company’s total debt to its shareholders’ equity, measuring how much debt it uses to finance operations.

Sector Performance

97th percentile

TRGP

5.14x

Sector Median

0.74x

Sector Avg

2.51x

Prior Period

5.99x(Jul 2026)

↑ Improving

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Deep Analysis

The debt-to-equity ratio compares a company’s total debt to its shareholders’ equity, measuring how much debt it uses to finance operations.

At 5.99x, TRGP carries far more debt than equity, signaling higher financial leverage than most peers—the sector median is 0.72x, placing TRGP in the 98th percentile for leverage among its industry. The year-over-year change is not available, but the ratio has edged down 1.8% quarter-over-quarter from 6.10x to 5.99x. The combination of a very high ratio with a small decline suggests that while leverage is extreme, the slight improvement may moderate some short-term risk, but the overall level remains a persistent warning for investors. This elevated debt load increases vulnerability to rising interest costs or revenue shortfalls, offsetting any potential benefit from the marginal trend. The high leverage and high percentile rank contradict the overall NEUTRAL verdict by pointing to a clearly elevated risk profile that would normally weigh against a neutral stance.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about TRGP?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

Who are TRGP's closest peers by Debt-to-Equity Ratio?

The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).

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Learn More About Debt-to-Equity Ratio

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Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.

Debt/Equity Ratio: How Much Debt Is Too Much?

The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.

The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.