Growth Metrics

Targa Resources (TRGP) FCF Payout Ratio (2016 - 2026)

Targa Resources has reported FCF Payout Ratio over the past 13 years, most recently at 0.4 for Q4 2025.

  • Quarterly FCF Payout Ratio rose 45.03% to 0.4 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 1.4 through Dec 2025, up 55.66% year-over-year, with the annual reading at 1.4 for FY2025, 55.66% up from the prior year.
  • FCF Payout Ratio was 0.4 for Q4 2025 at Targa Resources, up from 2.99 in the prior quarter.
  • Over five years, FCF Payout Ratio peaked at 4.35 in Q4 2022 and troughed at 4.57 in Q2 2025.
  • The 5-year median for FCF Payout Ratio is 0.26 (2021), against an average of 0.15.
  • Year-over-year, FCF Payout Ratio soared 1968.41% in 2022 and then crashed 547.63% in 2025.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.25 in 2021, then soared by 1640.87% to 4.35 in 2022, then plummeted by 89.12% to 0.47 in 2023, then plummeted by 42.03% to 0.27 in 2024, then surged by 45.03% to 0.4 in 2025.
  • Per Business Quant, the three most recent readings for TRGP's FCF Payout Ratio are 0.4 (Q4 2025), 2.99 (Q3 2025), and 4.57 (Q2 2025).