Targa Resources TRGP
NYSE TRGP
$290.01 -3.59 (-1.22%)
At close: Sep 4, 2026 · 4:00 PM EDT

Targa Resources (TRGP) EV to FCF (2011 - 2026)

Targa Resources' (TRGP) quarterly EV to FCF came in at 133.35 in Q2 2026, up 116.99% year-over-year from 61.46 in Q2 2025, and up 139.61% quarter-over-quarter from 336.7 in Q1 2026.

Analysis

Targa Resources (TRGP) EV to FCF (2011 - 2026) Analysis & Trends

Targa Resources (TRGP) has reported EV to FCF for 16 consecutive years, with 133.35 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EV to FCF rose 116.99% year-over-year to 133.35 in Q2 2026; TTM through Jun 2026 was 77.61, a 11.58% decrease from a year earlier, with the FY2025 full-year figure at 67.74, up 14.28% from the prior year.
  • EV to FCF was 133.35 for Q2 2026 at Targa Resources, up from 336.7 in the prior quarter.
  • Over five years, EV to FCF peaked at 1006.0 in Q4 2022 and troughed at 785.06 in Q2 2025.
  • A 5-year average of 38.03 and a median of 70.21 in 2024 frame the typical range for EV to FCF.
  • Across the five-year window, EV to FCF surged 2060.14% in 2022 and sank 530.55% in 2025, its largest moves.
  • Over 5 years, EV to FCF stood at 1006.0 in 2022, then slumped by 91.19% to 88.63 in 2023, then fell by 23.89% to 67.45 in 2024, then increased by 8.17% to 72.97 in 2025, then surged by 82.76% to 133.35 in 2026.
  • The last three EV to FCF figures came in at 133.35 (Q2 2026), 336.7 (Q1 2026), and 72.97 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn -
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 133.35
Mar 31, 2026 -336.70
Dec 31, 2025 72.97
Sep 30, 2025 -495.84
Jun 30, 2025 -785.06
Mar 31, 2025 268.58
Dec 31, 2024 67.45
Sep 30, 2024 -118.35
Jun 30, 2024 182.34
Mar 31, 2024 128.96
Dec 31, 2023 88.63
Sep 30, 2023 -113.09
Jun 30, 2023 237.89
Mar 31, 2023 26.14
Dec 31, 2022 1,006.00
Sep 30, 2022 248.14
Jun 30, 2022 37.41
Mar 31, 2022 35.68
Dec 31, 2021 46.57
Sep 30, 2021 38.26