Targa Resources (TRGP) Invested Capital (2014 - 2026)

Targa Resources (TRGP) has 13 years of Invested Capital data on file, last reported at $18.3 billion in Q1 2026.

• On a quarterly basis, Invested Capital rose 18.8% year-over-year to $18.3 billion in Q1 2026; TTM through Mar 2026 was $67.4 billion, a 21.81% increase from a year earlier, with the FY2025 full-year figure at $16.5 billion, up 21.17% from the prior year.
• Invested Capital for Q1 2026 stood at $18.3 billion, up from $16.5 billion in the prior quarter.
• Over the last five years, Invested Capital for TRGP reached as high as $18.3 billion in Q1 2026 and fell as low as $7.0 billion in Q1 2022.
• Historically, Invested Capital has averaged $12.8 billion across 5 years, with a median of $12.4 billion in 2024.
• Across the five-year window, Invested Capital declined 1.85% in 2022 and jumped 64.65% in 2023, its largest moves.
• Year by year, Invested Capital stood at $10.6 billion in 2022, then advanced by 15.18% to $12.2 billion in 2023, then increased by 11.95% to $13.6 billion in 2024, then grew by 21.17% to $16.5 billion in 2025, then rose by 10.86% to $18.3 billion in 2026.
• Per Business Quant data, the three most recent Invested Capital figures were $18.3 billion in Q1 2026, $16.5 billion in Q4 2025, and $16.6 billion in Q3 2025.