Targa Resources (TRGP) Return on Capital Employed (2011 - 2026)

Targa Resources (TRGP) reported Return on Capital Employed of 3.63% for Q1 2026, down 966.0% year-over-year from 0.42% in Q1 2025, and up 46.92% quarter-over-quarter from 2.47% in Q4 2025.

Targa Resources (TRGP) Return on Capital Employed (2011 - 2026) Analysis & Trends

Targa Resources (TRGP) has 16 years of Return on Capital Employed data on file, last reported at 3.63% in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 3.63%, down 966.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.63% (down 966.0% YoY), and the FY2025 annual result was 2.56%, down 1199.0% from the prior year.
  • Return on Capital Employed climbed to 3.63% in Q1 2026 per TRGP's latest filing, from 2.47% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 479.94% in Q3 2022 and troughed at 34.12% in Q2 2022.
  • A 5-year average of 36.39% and a median of 14.08% in 2024 frame the typical range for Return on Capital Employed.
  • The sharpest annual moves came in 2022 and 2023: Return on Capital Employed soared 55999 bps in 2022, then sank 45367 bps in 2023.
  • A 5-year view of Return on Capital Employed shows it stood at 16.87% in 2022, then plunged by 82 bps to 2.96% in 2023, then soared by 375 bps to 14.08% in 2024, then tumbled by 82 bps to 2.47% in 2025, then soared by 47 bps to 3.63% in 2026.
  • Business Quant data shows TRGP's Return on Capital Employed at 3.63% in Q1 2026, 2.47% in Q4 2025, and 14.9% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 5.26%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 11.93%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 7.42%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 7.59%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 13.21%
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 14.56%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 3.63%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 9.98%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn 11.63%

Historic Data

Download Data
DateValue
Mar 31, 2026 3.63%
Dec 31, 2025 2.47%
Sep 30, 2025 14.90%
Jun 30, 2025 15.04%
Mar 31, 2025 13.28%
Dec 31, 2024 14.08%
Sep 30, 2024 2.17%
Jun 30, 2024 1.04%
Mar 31, 2024 1.17%
Dec 31, 2023 2.96%
Sep 30, 2023 26.27%
Jun 30, 2023 24.83%
Mar 31, 2023 16.92%
Dec 31, 2022 16.87%
Sep 30, 2022 479.94%
Jun 30, 2022 -34.12%
Mar 31, 2022 17.13%
Dec 31, 2021 16.01%
Sep 30, 2021 -80.05%
Jun 30, 2021 35.71%