Ticker League

Latest period

$261.90M

YoY change

-14.6%

5Y CAGR

-5.9%

Peak year (2021)

$1.80B

Free Cash Flow history chart for Targa Resources (TRGP) from 2008 to 2025

Latest: $584.10M

Free Cash Flow growth chart for Targa Resources (TRGP) from 2008 to 2025

Latest: -14.6%

Free Cash Flow history table for Targa Resources (TRGP) from 2008 to 2025

  • 2025$584.10M-14.6%
  • 2024$683.90M-17.2%
  • 2023$826.20M-21.1%
  • 2022$1.05B-41.8%
  • 2021$1.80B+126.7%
  • 2020$792.90M-153.3%
  • 2019−$1.49B-24.5%
  • 2018−$1.97B+450.5%
  • 2017−$358.00M-230.0%
  • 2016$275.30M+26.6%
  • 2015$217.50M-54475.0%
  • 2014−$400.00K-99.9%
  • 2013−$630.90M+308.3%
  • 2012−$154.50M-425.9%
  • 2011$47.40M-31.5%
  • 2010$69.20M-70.7%
  • 2009$236.40M-8.5%
  • 2008$258.40M

Free Cash Flow values are taken from Targa Resources's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Free Cash Flow at Targa Resources (TRGP)

Free Cash Flow for Targa Resources (TRGP): headline value $261.90M · YoY -14.6%. Annual and quarterly series, chart, and tables are below.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual free cash flow for Targa Resources (TRGP) came in at $584.10M – declined 14.6% year-over-year.

Through 2020–2025 (5 years), Targa Resources free cash flow delivered a -5.9% annualised rate; with a net decline across the window.

Targa Resources free cash flow plunged from $1.80B in 2021 to $584.10M in 2025, a 67.5% drawdown.

$1.80B stands as the all-time-high annual free cash flow, posted in 2021, against a low of −$1.97B during 2018.

Targa Resources Free Cash Flow by Year

Targa Resources Free Cash Flow 2025: $584.10M

Targa Resources free cash flow in 2025 was $584.10M, declined 14.6% below 2024.

Targa Resources Free Cash Flow 2024: $683.90M

2024's free cash flow for Targa Resources came in at $683.90M, declined 17.2% below 2023.

Targa Resources Free Cash Flow 2023: $826.20M

Targa Resources posted free cash flow of $826.20M in 2023, declined 21.1% below 2022.

Targa Resources Free Cash Flow 2022: $1.05B

In 2022, Targa Resources reported free cash flow of $1.05B, plunged 41.8% below 2021.

Targa Resources Free Cash Flow 2021: $1.80B

Targa Resources free cash flow in 2021 was $1.80B.

See more financial history for Targa Resources (TRGP).

Sector peers by Free Cash Flow

Energy peers of Targa Resources (TRGP), ranked by their latest free cash flow

Frequently asked questions