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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Targa Resources (TRGP) FCF Margin (2016 - 2025)

Targa Resources (TRGP) has disclosed FCF Margin for 13 consecutive years, with 37.12% as the latest value for Q4 2025.

  • On a quarterly basis, FCF Margin rose 2348.0% to 37.12% in Q4 2025 year-over-year; TTM through Dec 2025 was 9.09%, a 491.0% increase, with the full-year FY2025 number at 23.01%, up 1883.0% from a year prior.
  • FCF Margin was 37.12% for Q4 2025 at Targa Resources, up from 1.75% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 37.12% in Q4 2025 to a low of 7.47% in Q3 2024.
  • A 5-year average of 6.84% and a median of 5.11% in 2024 define the central range for FCF Margin.
  • Peak YoY movement for FCF Margin: crashed -1355bps in 2021, then skyrocketed 2348bps in 2025.
  • Targa Resources' FCF Margin stood at 5.89% in 2021, then plummeted by -93bps to 0.41% in 2022, then soared by 1273bps to 5.61% in 2023, then surged by 143bps to 13.64% in 2024, then skyrocketed by 172bps to 37.12% in 2025.
  • Per Business Quant, the three most recent readings for TRGP's FCF Margin are 37.12% (Q4 2025), 1.75% (Q3 2025), and 1.12% (Q2 2025).