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 0.211x as of September 2025. 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 ($599.20 Million) by net assets ($2.83 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See TRGP equity financing ratio to measure how much of total assets are equity-financed.
Targa Resources Inc - Cash Flow Conversion Efficiency Trend (2008–2024)
This chart illustrates how Targa Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Targa Resources Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Exelon Corporation
NASDAQ:EXC
|
0.059x |
|
United Microelectronics Corporation
TW:2303
|
0.054x |
|
Orange S.A.
PA:ORA
|
0.212x |
|
Bank Central Asia Tbk
JK:BBCA
|
0.022x |
|
SIEMENS HEALTH ADR/050
F:SHL1
|
0.027x |
|
DnB ASA
OL:DNB
|
0.400x |
|
Flex Ltd
NASDAQ:FLEX
|
0.080x |
|
Diageo plc
MX:DEON
|
0.065x |
Annual Cash Flow Conversion Efficiency for Targa Resources Inc (2008–2024)
The table below shows the annual cash flow conversion efficiency of Targa Resources Inc from 2008 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Targa Resources Inc worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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 subsidiary, Targa Resources Partners LP, 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;… Read more