Targa Resources Inc Cash Flow Quality Index

Latest as of June 2026: 1.83x

Targa Resources Inc 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 Targa Resources Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.83x
Operating CF / Net Income

Operating Cash Flow

$1.44 Billion
USD

Net Income

$785.50 Million
USD

Data as of

Jun 2026
Most recent filing

Cash Flow Quality Index of Targa Resources Inc (2008–2025)

Cash flow quality index of Targa Resources Inc from 2008 to 2025. Historical Cash Flow Quality Index for Targa Resources Inc across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Targa Resources Inc balance sheet quality to measure how much of total assets are equity-financed.

Targa Resources Inc Cash Flow Quality Index by Year (2008–2025)

Targa Resources Inc cash flow quality index by year from 2008 to 2025. Year-by-year earnings quality comparison for Targa Resources Inc. For the full cash flow conversion analysis, see Targa Resources Inc operating cash flow efficiency.

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 —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.