Growth Metrics

Targa Resources (TRGP) Return on Invested Capital (2016 - 2025)

Targa Resources (TRGP) has disclosed Return on Invested Capital for 13 consecutive years, with 0.03% as the latest value for Q4 2025.

  • Quarterly Return on Invested Capital fell 9.0% to 0.03% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.03% through Dec 2025, down 9.0% year-over-year, with the annual reading at 0.03% for FY2025, 10.0% down from the prior year.
  • Return on Invested Capital for Q4 2025 was 0.03% at Targa Resources, down from 0.13% in the prior quarter.
  • The five-year high for Return on Invested Capital was 0.14% in Q2 2023, with the low at 0.0% in Q1 2022.
  • Average Return on Invested Capital over 5 years is 0.07%, with a median of 0.05% recorded in 2021.
  • The sharpest move saw Return on Invested Capital grew 16bps in 2021, then fell -12bps in 2024.
  • Over 5 years, Return on Invested Capital stood at 0.0% in 2021, then skyrocketed by 6669bps to 0.1% in 2022, then tumbled by -77bps to 0.02% in 2023, then soared by 394bps to 0.12% in 2024, then tumbled by -78bps to 0.03% in 2025.
  • According to Business Quant data, Return on Invested Capital over the past three periods came in at 0.03%, 0.13%, and 0.13% for Q4 2025, Q3 2025, and Q2 2025 respectively.