Targa Resources (TRGP) Invested Capital (2010 - 2026)

Targa Resources (TRGP) has reported Invested Capital for 17 consecutive years, with $23.4 billion the latest figure, recorded in Q2 2026.

• On a quarterly basis, Invested Capital rose 19.49% year-over-year to $23.4 billion in Q2 2026; TTM through Jun 2026 was $23.4 billion, a 19.49% increase from a year earlier, with the FY2025 full-year figure at $20.6 billion, up 10.96% from the prior year.
• Invested Capital was $23.4 billion for Q2 2026 at Targa Resources, up from $22.4 billion in the prior quarter.
• Over five years, Invested Capital peaked at $23.4 billion in Q2 2026 and troughed at $11.3 billion in Q1 2022.
• A 5-year average of $17.9 billion and a median of $17.8 billion in 2024 frame the typical range for Invested Capital.
• Across the five-year window, Invested Capital fell 12.63% in 2022 and surged 47.26% in 2023, its largest moves.
• Over 5 years, Invested Capital stood at $16.5 billion in 2022, then gained by 6.33% to $17.6 billion in 2023, then climbed by 5.86% to $18.6 billion in 2024, then climbed by 10.96% to $20.6 billion in 2025, then gained by 13.3% to $23.4 billion in 2026.
• The last three Invested Capital figures came in at $23.4 billion (Q2 2026), $22.4 billion (Q1 2026), and $20.6 billion (Q4 2025), per Business Quant data.