Targa Resources Corp.
Close on Nov 2, 2026Market cap $63.20BP/E 28.1Yield 1.27%
Targa Resources Total Capital Expenditures — Gross Additions by Year
Total Capital Expenditures — Gross Additions ($M)
Targa Resources Total Capital Expenditures — Gross Additions: $3,441M in FY2025, up 7.8% from a year earlier.
Where the FY2025 figure comes from
“|| Gross capital expenditures | 3,441.3 | 3,191.8”
Total capital expenditures on an accrued basis before partner contributions. Q2, Q3, and Q4 values not separately tabulated in 10-Q/10-K are derived via cumulative subtraction (YTD − prior YTD or FY − 9M).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Total Capital Expenditures — Gross Additions ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 3,441 | +7.8% | FY2025 Form 10-K (2026-02-19) ↗ |
| FY2024 | Dec 31, 2024 | 3,192 | +30.6% | FY2025 Form 10-K (2026-02-19) ↗ |
| FY2023 | Dec 31, 2023 | 2,444 | +75.2% | FY2024 Form 10-K (2025-02-20) ↗ |
| FY2022 | Dec 31, 2022 | 1,394 | +148.8% | FY2023 Form 10-K (2024-02-15) ↗ |
| FY2021 | Dec 31, 2021 | 561 | -22.9% | FY2022 Form 10-K (2023-02-22) ↗ |
| FY2020 | Dec 31, 2020 | 727 | -73.2% | FY2021 Form 10-K (2022-02-24) ↗ |
| FY2019 | Dec 31, 2019 | 2,709 | – | FY2020 Form 10-K (2021-02-18) ↗ |
Breakdown
What makes up total Capital Expenditures — Gross Additions
- Net Growth Capital Expenditures (Targa Share)3,344 · FY2025
- Net Maintenance Capital Expenditures (Targa Share)226 · FY2025
- Gross Growth Capital Expenditures3,213 · FY2025
- Gross Maintenance Capital Expenditures228 · FY2025
- Cash Outlays for Capital Projects3,333 · FY2025
- Gathering & Processing Segment Capital Expenditures2,046 · FY2025
- Logistics & Transportation Segment Capital Expenditures1,372 · FY2025
- Corporate & Other Capital Expenditures23 · FY2025
Cite this data
StockData. (2026). Targa Resources Total Capital Expenditures — Gross Additions ($M), annual FY2019–FY2025 [Data set]. Compiled from Targa Resources SEC filings and investor materials. https://stockdatahq.com/stocks/trgp/kpis/gross-total-capex
See every metric in the Targa Resources KPI table. Data updated Nov 3, 2026.