Targa Resources Inc (TRGP) — Financial Flexibility Index
Targa Resources Inc (TRGP) has a Financial Flexibility Index of 0.06x as of September 2025. Free cash flow of $1.27 Billion (operating CF $599.20 Million minus capex $671.80 Million) represents 0% of total liabilities ($21.34 Billion). Also explore TRGP net assets growth trend to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Targa Resources Inc Financial Flexibility Index (2008–2024)
Historical Financial Flexibility Index trend for Targa Resources Inc across 17 annual periods. Check strategic asset allocation of Targa Resources Inc to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Targa Resources Inc (2008–2024)
Year-by-year free cash flow to debt coverage for Targa Resources Inc. For the full company profile including market capitalisation, see TRGP stock market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 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 | — |