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

Targa Resources' FCF Payout Ratio history runs 16 years deep, the most recent figure standing at 1.37 for Q1 2026.

• In Q1 2026, FCF Payout Ratio fell 232.72% year-over-year to 1.37; the TTM figure through Mar 2026 stood at 3.32 (up 218.92% YoY), while the FY2025 annual figure was 1.4, up 55.66% from the prior year.
• FCF Payout Ratio came in at 1.37 for Q1 2026 at Targa Resources, down from 0.4 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 0.27 (2024), against an average of 0.08.
• The widest annual swing landed in 2022, when FCF Payout Ratio jumped 1968.41%; it then tumbled 547.63% in 2025.
• A 5-year view of FCF Payout Ratio shows it 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 soared by 45.03% to 0.4 in 2025, then plunged by 443.81% to 1.37 in 2026.
• Per Business Quant data, the three most recent FCF Payout Ratio figures were 1.37 in Q1 2026, 0.4 in Q4 2025, and 2.99 in Q3 2025.