Targa Resources Inc (TRGP) — Free Cash Flow Generation Index

Latest as of September 2025: -0.12x

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). Read Targa Resources Inc balance sheet liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

-0.12x
Free Cash Flow / Operating CF

Free Cash Flow

$-72.60 Million
USD

Operating Cash Flow

$599.20 Million
USD

Capital Expenditures

$671.80 Million
USD

Targa Resources Inc Free Cash Flow Generation Index (2008–2024)

Historical FCF Generation Index trend for Targa Resources Inc across 17 annual periods. Explore Targa Resources Inc capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

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 market cap.

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
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).