Targa Resources TRGP Invested capital
Discontinued — last reported Q1 '26
Invested capital at other companies
Other financials
Where this comes from
Calculated from Targa Resources’s reported figures.
The official record: Targa Resources’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Targa Resources's invested capital?
- Targa Resources (TRGP) reported invested capital of $3.38B in Q1 2026.
- How has Targa Resources's invested capital changed year-over-year?
- Targa Resources's invested capital increased by 30.3% year-over-year, from $2.6B to $3.38B.
- What is the long-term trend for Targa Resources's invested capital?
- Over 5 years (2020 to 2025), Targa Resources's invested capital has grown at a 6.1% compound annual growth rate (CAGR), from $2.5B to $3.37B.
- What does invested capital mean?
- The capital — debt plus equity, net of idle cash — that funds the operating business.
- How do you interpret invested capital?
- A level, read mainly through ROIC (NOPAT ÷ invested capital). Growing invested capital is only good if returns on it stay above the cost of capital.
- How does invested capital compare across companies?
- Used as the base for ROIC; the definition is sector-sensitive, so banks and insurers are best excluded.