Targa Resources (TRGP) FCF Payout Ratio (2011 - 2026)

Targa Resources (TRGP) has reported FCF Payout Ratio for 16 consecutive years, with 0.63 the latest figure, recorded in Q2 2026.

• On a quarterly basis, FCF Payout Ratio rose 113.69% year-over-year to 0.63 in Q2 2026; TTM through Jun 2026 was 1.24, a 25.85% decrease from a year earlier, with the FY2025 full-year figure at 1.4, up 55.66% from the prior year.
• FCF Payout Ratio was 0.63 for Q2 2026 at Targa Resources, up from 1.37 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.
• A 5-year average of 0.11 and a median of 0.34 in 2024 frame the typical range for FCF Payout Ratio.
• Across the five-year window, FCF Payout Ratio surged 1968.41% in 2022 and tumbled 547.63% in 2025, its largest moves.
• Over 5 years, FCF Payout Ratio stood at 4.35 in 2022, then tumbled by 89.12% to 0.47 in 2023, then plunged by 42.03% to 0.27 in 2024, then jumped by 45.03% to 0.4 in 2025, then jumped by 57.18% to 0.63 in 2026.
• The last three FCF Payout Ratio figures came in at 0.63 (Q2 2026), 1.37 (Q1 2026), and 0.4 (Q4 2025), per Business Quant data.