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

Targa Resources (TRGP) has 17 years of Invested Capital data on file, last reported at $21.6 billion in Q1 2026.

• Invested Capital for Q1 2026 came in at $21.6 billion, up 19.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $21.6 billion (up 19.98% YoY), and the FY2025 annual result was $19.7 billion, up 9.23% from the prior year.
• Invested Capital improved to $21.6 billion in Q1 2026 per TRGP's latest filing, from $19.7 billion in the prior quarter.
• Over five years, Invested Capital peaked at $21.6 billion in Q1 2026 and troughed at $11.0 billion in Q1 2022.
• A 5-year average of $16.8 billion and a median of $16.9 billion in 2024 frame the typical range for Invested Capital.
• The sharpest annual moves came in 2022 and 2023: Invested Capital decreased 12.94% in 2022, then surged 42.7% in 2023.
• A 5-year view of Invested Capital shows it stood at $15.6 billion in 2022, then gained by 7.93% to $16.8 billion in 2023, then gained by 7.53% to $18.1 billion in 2024, then climbed by 9.23% to $19.7 billion in 2025, then advanced by 9.46% to $21.6 billion in 2026.
• Business Quant data shows TRGP's Invested Capital at $21.6 billion in Q1 2026, $19.7 billion in Q4 2025, and $19.3 billion in Q3 2025.