Targa Resources Inc (TRGP) — Free Cash Flow Generation Index
Targa Resources Inc (TRGP) has a Free Cash Flow Generation Index of -0.12x as of September 2025. Free cash flow of $-72.60 Million represents 0% of operating cash flow ($599.20 Million). See TRGP working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Targa Resources Inc Free Cash Flow Generation Index (2008–2024)
Historical FCF Generation Index trend for Targa Resources Inc across 17 annual periods. Explore TRGP operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Targa Resources Inc (2008–2024)
Year-by-year Free Cash Flow Generation Index for Targa Resources Inc. For the full company profile including market capitalisation, see TRGP stock market capitalisation.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.19x | $683.90 Million | $3.65 Billion | $2.97 Billion | ▼ -27.2% |
| 2023 | 0.26x | $826.20 Million | $3.21 Billion | $2.39 Billion | ▼ -41.5% |
| 2022 | 0.44x | $1.05 Billion | $2.38 Billion | $1.33 Billion | ▼ -43.7% |
| 2021 | 0.78x | $1.80 Billion | $2.30 Billion | $505.10 Million | ▲ +71.8% |
| 2020 | 0.45x | $792.90 Million | $1.74 Billion | $951.60 Million | ▲ +142.5% |
| 2019 | -1.07x | $-1.49 Billion | $1.39 Billion | $2.88 Billion | ▲ +37.9% |
| 2018 | -1.72x | $-1.97 Billion | $1.14 Billion | $3.11 Billion | ▼ -352.1% |
| 2017 | -0.38x | $-358.00 Million | $939.50 Million | $1.30 Billion | ▼ -215.9% |
| 2016 | 0.33x | $275.30 Million | $837.40 Million | $562.10 Million | ▲ +56.4% |
| 2015 | 0.21x | $217.50 Million | $1.03 Billion | $817.20 Million | ▲ +40133.7% |
| 2014 | 0.00x | $-400.00K | $761.80 Million | $762.20 Million | ▲ +100.0% |
| 2013 | -1.65x | $-630.90 Million | $382.70 Million | $1.01 Billion | ▼ -356.9% |
| 2012 | -0.36x | $-154.50 Million | $428.20 Million | $582.70 Million | ▼ -388.7% |
| 2011 | 0.12x | $47.40 Million | $379.30 Million | $331.90 Million | ▼ -62.3% |
| 2010 | 0.33x | $69.20 Million | $208.50 Million | $139.30 Million | ▼ -52.9% |
| 2009 | 0.70x | $236.40 Million | $335.80 Million | $99.40 Million | ▲ +6.4% |
| 2008 | 0.66x | $258.40 Million | $390.70 Million | $132.30 Million | — |