Targa Resources Inc Financial Flexibility Index
Targa Resources Inc financial flexibility index. Targa Resources Inc (TRGP) has a Financial Flexibility Index of 0.10x as of June 2026. Free cash flow of $2.45 Billion (operating CF $1.44 Billion minus capex $1.01 Billion) represents 0% of total liabilities ($24.72 Billion). Explore how much does Targa Resources Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Targa Resources Inc (2008–2025)
Financial flexibility index of Targa Resources Inc from 2008 to 2025. Historical Financial Flexibility Index trend for Targa Resources Inc across 18 annual periods. Check TRGP total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Targa Resources Inc Financial Flexibility Index by Year (2008–2025)
Targa Resources Inc financial flexibility index by year from 2008 to 2025. Year-by-year free cash flow to debt coverage for Targa Resources Inc. For the full cash flow conversion analysis, see TRGP operating cash flow.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.33x | $7.25 Billion | $3.92 Billion | $22.02 Billion | ▼ -8.8% |
| 2024 | 0.36x | $6.62 Billion | $3.65 Billion | $18.32 Billion | ▲ +3.7% |
| 2023 | 0.35x | $5.60 Billion | $3.21 Billion | $16.06 Billion | ▲ +36.7% |
| 2022 | 0.25x | $3.72 Billion | $2.38 Billion | $14.58 Billion | ▼ -9.0% |
| 2021 | 0.28x | $2.81 Billion | $2.30 Billion | $10.03 Billion | ▲ +3.6% |
| 2020 | 0.27x | $2.70 Billion | $1.74 Billion | $9.97 Billion | ▼ -34.3% |
| 2019 | 0.41x | $4.27 Billion | $1.39 Billion | $10.37 Billion | ▼ -8.5% |
| 2018 | 0.45x | $4.26 Billion | $1.14 Billion | $9.47 Billion | ▲ +49.1% |
| 2017 | 0.30x | $2.24 Billion | $939.50 Million | $7.42 Billion | ▲ +49.9% |
| 2016 | 0.20x | $1.40 Billion | $837.40 Million | $6.96 Billion | ▼ -23.9% |
| 2015 | 0.26x | $1.85 Billion | $1.03 Billion | $7.00 Billion | ▼ -32.1% |
| 2014 | 0.39x | $1.52 Billion | $761.80 Million | $3.91 Billion | ▲ +10.4% |
| 2013 | 0.35x | $1.40 Billion | $382.70 Million | $3.96 Billion | ▲ +17.0% |
| 2012 | 0.30x | $1.01 Billion | $428.20 Million | $3.35 Billion | ▲ +6.0% |
| 2011 | 0.28x | $711.20 Million | $379.30 Million | $2.50 Billion | ▲ +92.8% |
| 2010 | 0.15x | $347.80 Million | $208.50 Million | $2.36 Billion | ▼ -11.4% |
| 2009 | 0.17x | $435.20 Million | $335.80 Million | $2.61 Billion | ▼ -10.2% |
| 2008 | 0.19x | $523.00 Million | $390.70 Million | $2.82 Billion | — |