Targa Resources Inc (TRGP) — Cash Flow Quality Index
Targa Resources Inc (TRGP) has a Cash Flow Quality Index of 1.26x as of September 2025. Operating cash flow of $599.20 Million exceeds net income of $475.50 Million, indicating high earnings quality where cash backs reported profits. Explore TRGP long-term investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Targa Resources Inc Cash Flow Quality Index (2008–2024)
Historical Cash Flow Quality Index for Targa Resources Inc across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check TRGP tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Targa Resources Inc (2008–2024)
Year-by-year earnings quality comparison for Targa Resources Inc. For live market cap and the full company financial profile, see TRGP market cap.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 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 | — |