Targa Resources (TRGP) Payout Ratio (2010 - 2026)

Targa Resources (TRGP) has reported Payout Ratio for 17 consecutive years, with 0.35 the latest figure, recorded in Q2 2026.

• On a quarterly basis, Payout Ratio rose 1.6% year-over-year to 0.35 in Q2 2026; TTM through Jun 2026 was 0.41, a 13.03% decrease from a year earlier, with the FY2025 full-year figure at 0.44, down 8.2% from the prior year.
• Payout Ratio was 0.35 for Q2 2026 at Targa Resources, down from 0.46 in the prior quarter.
• Over five years, Payout Ratio peaked at 13.54 in Q1 2023 and troughed at 0.25 in Q4 2022.
• A 5-year average of 1.6 and a median of 0.43 in 2024 frame the typical range for Payout Ratio.
• Across the five-year window, Payout Ratio surged 2040.08% in 2022 and slumped 96.87% in 2024, its largest moves.
• Over 5 years, Payout Ratio stood at 0.25 in 2022, then soared by 57.77% to 0.4 in 2023, then climbed by 29.11% to 0.52 in 2024, then retreated by 23.62% to 0.4 in 2025, then dropped by 10.92% to 0.35 in 2026.
• The last three Payout Ratio figures came in at 0.35 (Q2 2026), 0.46 (Q1 2026), and 0.4 (Q4 2025), per Business Quant data.