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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Targa Resources (TRGP) Invested Capital (2016 - 2025)

Targa Resources (TRGP) has disclosed Invested Capital for 13 consecutive years, with $19.6 billion as the latest value for Q4 2025.

  • On a quarterly basis, Invested Capital rose 20.72% to $19.6 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $19.6 billion, a 20.72% increase, with the full-year FY2025 number at $19.6 billion, up 20.72% from a year prior.
  • Invested Capital was $19.6 billion for Q4 2025 at Targa Resources, up from $19.4 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $19.6 billion in Q4 2025 to a low of $11.0 billion in Q1 2022.
  • A 5-year average of $15.5 billion and a median of $16.2 billion in 2023 define the central range for Invested Capital.
  • Peak YoY movement for Invested Capital: dropped 14.58% in 2021, then surged 42.7% in 2023.
  • Targa Resources' Invested Capital stood at $11.6 billion in 2021, then skyrocketed by 33.6% to $15.6 billion in 2022, then increased by 7.93% to $16.8 billion in 2023, then dropped by 3.35% to $16.2 billion in 2024, then increased by 20.72% to $19.6 billion in 2025.
  • Per Business Quant, the three most recent readings for TRGP's Invested Capital are $19.6 billion (Q4 2025), $19.4 billion (Q3 2025), and $18.7 billion (Q2 2025).