Targa Resources Inc (TRGP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Targa Resources Inc (TRGP) has a cash flow conversion efficiency ratio of 0.380x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($1.44 Billion) by net assets ($3.80 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Targa Resources Inc (TRGP) market capitalisation for the company's overall valuation and market capitalisation.
Targa Resources Inc - Cash Flow Conversion Efficiency Trend (2008–2025)
This chart illustrates how Targa Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Targa Resources Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Targa Resources Inc ranked by their cash flow conversion efficiency. Explore how high is Targa Resources Inc's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Elite Material Co Ltd
TW:2383
|
0.056x |
|
Nordea Bank Abp
HE:NDA-FI
|
0.022x |
|
Public Storage
NYSE:PSA
|
0.094x |
|
JAPAN TOBACCO UNSP.ADR1/2
F:JATA
|
N/A |
|
Industrial Bank Co Ltd
SHG:601166
|
0.071x |
|
Cheniere Energy Inc
NYSE:LNG
|
0.137x |
|
ONEOK Inc
NYSE:OKE
|
0.073x |
|
ASS.GENERALI ADR 1/2/EO 1
F:ASG0
|
N/A |
Annual Cash Flow Conversion Efficiency for Targa Resources Inc (2008–2025)
The table below shows the annual cash flow conversion efficiency of Targa Resources Inc from 2008 to 2025. View TRGP share price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $3.20 Billion | $3.92 Billion | 1.225x | +48.28% |
| 2024-12-31 | $4.42 Billion | $3.65 Billion | 0.826x | +18.57% |
| 2023-12-31 | $4.61 Billion | $3.21 Billion | 0.697x | +45.79% |
| 2022-12-31 | $4.98 Billion | $2.38 Billion | 0.478x | +7.46% |
| 2021-12-31 | $5.18 Billion | $2.30 Billion | 0.445x | +50.48% |
| 2020-12-31 | $5.90 Billion | $1.74 Billion | 0.296x | +79.52% |
| 2019-12-31 | $8.44 Billion | $1.39 Billion | 0.165x | +7.50% |
| 2018-12-31 | $7.47 Billion | $1.14 Billion | 0.153x | +13.65% |
| 2017-12-31 | $6.97 Billion | $939.50 Million | 0.135x | -4.82% |
| 2016-12-31 | $5.92 Billion | $837.40 Million | 0.142x | -14.48% |
| 2015-12-31 | $6.25 Billion | $1.03 Billion | 0.166x | -44.81% |
| 2014-12-31 | $2.54 Billion | $761.80 Million | 0.300x | +63.92% |
| 2013-12-31 | $2.09 Billion | $382.70 Million | 0.183x | -25.07% |
| 2012-12-31 | $1.75 Billion | $428.20 Million | 0.244x | -14.32% |
| 2011-12-31 | $1.33 Billion | $379.30 Million | 0.285x | +41.64% |
| 2010-12-31 | $1.04 Billion | $208.50 Million | 0.201x | -54.76% |
| 2009-12-31 | $754.90 Million | $335.80 Million | 0.445x | -6.41% |
| 2008-12-31 | $822.00 Million | $390.70 Million | 0.475x | -- |
About Targa Resources Inc
Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, tr… Read more