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Targa Resources Corp.

TRGPNYSENatural Gas TransmissionFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026Score 9/3031% above fair value
$294.73−20.26 (-6.43%)

Close on Nov 2, 2026Market cap $63.20BP/E 28.1Yield 1.27%

Targa Resources Adjusted Free Cash Flow (Non-GAAP) by Year

Adjusted Free Cash Flow (Non-GAAP) ($M)

Targa Resources Adjusted Free Cash Flow (Non-GAAP): $539M in FY2025, up 284.7% from a year earlier.

Latest, FY2025
539
Period ended Dec 31, 2025
Change on a year earlier
+284.7%
140 in FY2024
History
7 years
Since FY2019
Sources
6
Documents cited below

Where the FY2025 figure comes from

“|| Adjusted Free Cash Flow | $ | 47.6 | $ | 56.2 | $ | 539.0 | $ | 140.1”

Adjusted Cash Flow from Operations less net maintenance capital expenditures and net growth capital expenditures.

Annual history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedAdjusted Free Cash Flow (Non-GAAP) ($M)Year on yearSource
FY2025Dec 31, 2025539+284.7%Q4 2025 Form 8-K (2026-02-19) ↗
FY2024Dec 31, 2024140-64.3%Q4 2025 Form 8-K (2026-02-19) ↗
FY2023Dec 31, 2023393-64.3%Q4 2024 Form 8-K (2025-02-20) ↗
FY2022Dec 31, 20221,102-2.8%Q4 2023 Form 8-K (2024-02-15) ↗
FY2021Dec 31, 20211,134+97.2%Q4 2022 Form 8-K (2023-02-22) ↗
FY2020Dec 31, 2020575-143.1%Q4 2021 Form 8-K (2022-02-24) ↗
FY2019Dec 31, 2019-1,335–FY2020 Form 10-K (2021-02-18) ↗

Cite this data

StockData. (2026). Targa Resources Adjusted Free Cash Flow (Non-GAAP) ($M), annual FY2019–FY2025 [Data set]. Compiled from Targa Resources SEC filings and investor materials. https://stockdatahq.com/stocks/trgp/kpis/adjusted-fcf

See every metric in the Targa Resources KPI table. Data updated Nov 3, 2026.