Targa Resources Inc (TRGP) — Free Cash Flow Generation Index
Targa Resources Inc (TRGP) has a Free Cash Flow Generation Index of 0.30x as of June 2026. Free cash flow of $431.20 Million represents 0% of operating cash flow ($1.44 Billion). Explore Targa Resources Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Targa Resources Inc Free Cash Flow Generation Index (2008–2025)
Historical FCF Generation Index trend for Targa Resources Inc across 18 annual periods. For the full cash flow conversion analysis, see Targa Resources Inc cash conversion from operations.
Annual Free Cash Flow Generation for Targa Resources Inc (2008–2025)
Year-by-year Free Cash Flow Generation Index for Targa Resources Inc. Check total reinvestment intensity of Targa Resources Inc to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.15x | $584.10 Million | $3.92 Billion | $3.33 Billion | ▼ -20.4% |
| 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 | — |