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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 - 2026)

Targa Resources has reported Invested Capital over the past 14 years, most recently at $19.6 billion for Q4 2025.

  • Quarterly Invested Capital rose 8.51% to $19.6 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $19.6 billion through Dec 2025, up 8.51% year-over-year, with the annual reading at $19.6 billion for FY2025, 8.51% up from the prior year.
  • Invested Capital was $19.6 billion for Q4 2025 at Targa Resources, up from $19.3 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $19.6 billion in Q4 2025 and troughed at $11.0 billion in Q1 2022.
  • The 5-year median for Invested Capital is $16.4 billion (2023), against an average of $15.6 billion.
  • Year-over-year, Invested Capital dropped 14.58% in 2021 and then surged 42.7% in 2023.
  • A 5-year view of Invested Capital shows it stood at $11.6 billion in 2021, then soared by 33.6% to $15.6 billion in 2022, then grew by 7.93% to $16.8 billion in 2023, then grew by 7.53% to $18.1 billion in 2024, then rose by 8.51% 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), $19.3 billion (Q3 2025), and $18.7 billion (Q2 2025).