Targa Resources TRGP Return on invested capital

Return on invested capital at other companies

OneokOKE

8.6%-0.2pp

Enterprise Products PartnersEPD

11.8%-0.3pp

Kinder MorganKMI

6.4%+0.5pp

MTD

Matador ResourcesMTDR

14.4%-7.1pp

NextDecade CorporationNEXT

-3.2%-0.8pp

Kinetik HoldingsKNTK

7.6%-0.8pp

FAQ

What is Targa Resources's return on invested capital?

Targa Resources (TRGP) reported return on invested capital of 23.1% in Q2 2026.

How has Targa Resources's return on invested capital changed year-over-year?

Targa Resources's return on invested capital decreased by 74.0% year-over-year, from 88.7% to 23.1%.

What is the long-term trend for Targa Resources's return on invested capital?

Over 3 years (2022 to 2025), Targa Resources's return on invested capital has grown at a -30.6% compound annual growth rate (CAGR), from 68.6% to 22.9%.

What does return on invested capital mean?

Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.