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| Date | Value |
|---|---|
| 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% |