Targa Resources Corp.
Close on Nov 2, 2026Market cap $63.20BP/E 28.1Yield 1.27%
Targa Resources Distributable Cash Flow by Year
Distributable Cash Flow (Legacy Non-GAAP through 2023) ($M)
Targa Resources Distributable Cash Flow: $2,617M in FY2023, up 14.9% from a year earlier. No newer figure appears in the documents we track.
Where the FY2023 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.
Annual 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) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2023 | Dec 31, 2023 | 2,617 | +14.9% | Q4 2023 Form 8-K (2024-02-15) ↗ |
| FY2022 | Dec 31, 2022 | 2,279 | +47.8% | Q4 2023 Form 8-K (2024-02-15) ↗ |
| FY2021 | Dec 31, 2021 | 1,541 | +31.4% | Q4 2022 Form 8-K (2023-02-22) ↗ |
| FY2020 | Dec 31, 2020 | 1,173 | +23.8% | Q4 2021 Form 8-K (2022-02-24) ↗ |
| FY2019 | Dec 31, 2019 | 947 | – | FY2020 Form 10-K (2021-02-18) ↗ |
Cite this data
StockData. (2026). Targa Resources Distributable Cash Flow ($M), annual FY2019–FY2023 [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.