Targa Resources Corp.
Close on Nov 2, 2026Market cap $63.20BP/E 28.1Yield 1.27%
Targa Resources Distributable Cash Flow by Quarter
Distributable Cash Flow (Legacy Non-GAAP through 2023) ($M)
Targa Resources Distributable Cash Flow: $710M in Q4 2023, up 8.3% from a year earlier. No newer figure appears in the documents we track.
Where the Q4 2023 figure comes from
“|| Distributable Cash Flow | $ | 709.7 | $ | 655.5 | $ | 2,617.2 | $ | 2,278.7”
Legacy Non-GAAP metric (Adjusted EBITDA less cash interest and maintenance capital expenditures); replaced by Adjusted Cash Flow from Operations starting Q1 2024.
Quarterly history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Distributable Cash Flow (Legacy Non-GAAP through 2023) ($M) | Year on year | Source |
|---|---|---|---|---|
| Q4 2023 | Dec 31, 2023 | 710 | +8.3% | Q4 2023 Form 8-K (2024-02-15) ↗ |
| Q3 2023 | Sep 30, 2023 | 602 | +1.2% | Q3 2023 Form 8-K (2023-11-02) ↗ |
| Q2 2023 | Jun 30, 2023 | 576 | +7.9% | Q2 2023 Form 8-K (2023-08-03) ↗ |
| Q1 2023 | Mar 31, 2023 | 729 | +47.5% | Q1 2023 Form 8-K (2023-05-04) ↗ |
| Q4 2022 | Dec 31, 2022 | 656 | +55.8% | Q4 2023 Form 8-K (2024-02-15) ↗ |
| Q3 2022 | Sep 30, 2022 | 595 | +55.0% | Q3 2023 Form 8-K (2023-11-02) ↗ |
| Q2 2022 | Jun 30, 2022 | 533 | +57.1% | Q2 2023 Form 8-K (2023-08-03) ↗ |
| Q1 2022 | Mar 31, 2022 | 495 | +24.5% | Q1 2023 Form 8-K (2023-05-04) ↗ |
| Q4 2021 | Dec 31, 2021 | 421 | +43.1% | Q4 2022 Form 8-K (2023-02-22) ↗ |
| Q3 2021 | Sep 30, 2021 | 384 | +30.3% | Q3 2022 Form 8-K (2022-11-03) ↗ |
| Q2 2021 | Jun 30, 2021 | 340 | +24.0% | Q2 2022 Form 8-K (2022-08-04) ↗ |
| Q1 2021 | Mar 31, 2021 | 397 | +31.6% | Q1 2022 Form 8-K (2022-05-05) ↗ |
| Q4 2020 | Dec 31, 2020 | 294 | – | Q4 2021 Form 8-K (2022-02-24) ↗ |
| Q3 2020 | Sep 30, 2020 | 295 | – | Q3 2021 Form 8-K (2021-11-04) ↗ |
| Q2 2020 | Jun 30, 2020 | 274 | – | Q2 2021 Form 8-K (2021-08-05) ↗ |
| Q1 2020 | Mar 31, 2020 | 302 | – | Q1 2021 Form 8-K (2021-05-06) ↗ |
Cite this data
StockData. (2026). Targa Resources Distributable Cash Flow ($M), quarterly Q1 2020–Q4 2023 [Data set]. Compiled from Targa Resources SEC filings and investor materials. https://stockdatahq.com/stocks/trgp/kpis/distributable-cash-flow-legacy
See every metric in the Targa Resources KPI table. Data updated Nov 3, 2026.