Targa Resources Corp. TRGP NYSE

Targa Resources Corp. (TRGP) generated $3.92B in operating cash flow for fiscal year 2025. After capital expenditures of $3.33B, free cash flow was $584.1M.

Free cash flow margin was 3.4% of revenue. Cash conversion ratio was 2.13x, indicating earnings are backed by cash.

The company returned $818.3M in dividends and $641.8M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (17/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (63/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (55/100) — Cash conversion ratio was 2.13x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 58/100 with 2/7 criteria passed.