Operating Cash Flow
Targa Resources Operating Cash Flow decreased by 50.9% to $739.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 22.5%, from $954.40M to $739.50M. Over 4 years (FY 2021 to FY 2025), Operating Cash Flow shows an upward trend with a 14.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Consistently high operating cash flow indicates a healthy, self-sustaining business capable of funding its own growth and returning capital to shareholders.
Detailed definition
Net cash from operating activities measures the total amount of cash generated by a company's core business operations....
Peer comparison
Investors often compare this to capital expenditures to calculate Free Cash Flow, a primary valuation metric for mature tech giants.
net_cash_from_operatingHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $623.80M | $495.20M | $504.10M | $748.20M | $635.50M | $459.60M | $537.50M | $1.17B | $676.80M | $407.30M | $957.70M | $876.40M | $904.50M | $540.90M | $1.33B | $954.40M | $858.30M | $599.20M | $1.51B | $739.50M |
| QoQ Change | — | -20.6% | +1.8% | +48.4% | -15.1% | -27.7% | +16.9% | +117.6% | -42.1% | -39.8% | +135.1% | -8.5% | +3.2% | -40.2% | +145.5% | -28.1% | -10.1% | -30.2% | +151.3% | -50.9% |
| YoY Change | — | — | — | — | +1.9% | -7.2% | +6.6% | +56.3% | +6.5% | -11.4% | +78.2% | -25.1% | +33.6% | +32.8% | +38.7% | +8.9% | -5.1% | +10.8% | +13.4% | -22.5% |
Operating Cash Flow at Other Companies
Frequently Asked Questions
- What is Targa Resources's operating cash flow?
- Targa Resources (TRGP) reported operating cash flow of $739.50M in Q1 2026.
- How has Targa Resources's operating cash flow changed year-over-year?
- Targa Resources's operating cash flow decreased by 22.5% year-over-year, from $954.40M to $739.50M.
- What is the long-term trend for Targa Resources's operating cash flow?
- Over 4 years (2021 to 2025), Targa Resources's operating cash flow has grown at a 14.2% compound annual growth rate (CAGR), from $2.30B to $3.92B.
- What does operating cash flow mean?
- The actual amount of cash a company brings in from its day-to-day business activities.