Targa Resources Inc (TRGP) — Cash Flow Quality Index
Targa Resources Inc (TRGP) has a Cash Flow Quality Index of 1.83x as of June 2026. Operating cash flow of $1.44 Billion exceeds net income of $785.50 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Targa Resources Inc to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Targa Resources Inc Cash Flow Quality Index (2008–2025)
Historical Cash Flow Quality Index for Targa Resources Inc across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see TRGP cash generation efficiency.
Annual Cash Flow Quality Index for Targa Resources Inc (2008–2025)
Year-by-year earnings quality comparison for Targa Resources Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.13x | $3.92 Billion | $1.84 Billion | ▼ -9.4% |
| 2024 | 2.35x | $3.65 Billion | $1.55 Billion | ▲ +15.5% |
| 2023 | 2.03x | $3.21 Billion | $1.58 Billion | ▲ +30.8% |
| 2022 | 1.55x | $2.38 Billion | $1.53 Billion | ▼ -71.5% |
| 2021 | 5.46x | $2.30 Billion | $422.10 Million | ▼ -83.8% |
| 2019 | 33.73x | $1.39 Billion | $41.20 Million | ▲ +78.1% |
| 2018 | 18.94x | $1.14 Billion | $60.40 Million | ▲ +110.1% |
| 2017 | 9.02x | $939.50 Million | $104.20 Million | ▲ +400.6% |
| 2014 | 1.80x | $761.80 Million | $423.00 Million | ▼ -5.3% |
| 2013 | 1.90x | $382.70 Million | $201.30 Million | ▼ -29.3% |
| 2012 | 2.69x | $428.20 Million | $159.30 Million | ▲ +52.6% |
| 2011 | 1.76x | $379.30 Million | $215.40 Million | ▼ -46.5% |
| 2010 | 3.29x | $208.50 Million | $63.30 Million | ▼ -22.4% |
| 2009 | 4.25x | $335.80 Million | $79.10 Million | ▲ +46.0% |
| 2008 | 2.91x | $390.70 Million | $134.40 Million | — |