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 Targa Resources Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Orange S.A.
PA:ORA
|
0.212x |
|
ON Semiconductor Corporation
NASDAQ:ON
|
0.033x |
|
Victory Giant Technology Huizhou Co Ltd
SHE:300476
|
0.128x |
|
Argen-X
BR:ARGX
|
0.053x |
|
Nasdaq Inc
NASDAQ:NDAQ
|
0.051x |
|
SIEMENS HEALTH ADR/050
F:SHL1
|
0.027x |
|
RIO Tinto Ltd
AU:RIO
|
0.151x |
|
KBC Groep NV
BR:KBC
|
-0.345x |
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 Targa Resources Inc (TRGP) market capitalisation.
| 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