Targa Resources Inc Cash Flow Conversion Efficiency
Targa Resources Inc 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.
Cash Flow Conversion Efficiency of Targa Resources Inc (2008–2025)
Cash flow conversion efficiency of Targa Resources Inc from 2008 to 2025. This chart illustrates how Targa Resources Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Targa Resources Inc for real-time trading data and today's change.
Targa Resources Inc Cash Flow Conversion Ratio Explained
Targa Resources Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see market cap of Targa Resources Inc for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Alimentation Couchen Tard Inc A
TO:ATD
|
0.080x |
|
Nordea Bank Abp
HE:NDA-FI
|
0.022x |
|
JAPAN TOBACCO UNSP.ADR1/2
F:JATA
|
N/A |
|
BANK O.CHINA H ADR/25 YC1
F:W8VS
|
0.060x |
|
Garmin Ltd
NYSE:GRMN
|
0.037x |
|
Realty Income Corporation
NYSE:O
|
0.021x |
|
Cheniere Energy Inc
NYSE:LNG
|
0.137x |
|
Crowdstrike Holdings Inc
NASDAQ:CRWD
|
0.111x |
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. Review TRGP cash flow after capex ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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