FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Q

Three-Statement Breakdown

TRGP
2026-06-30 · figures in $M

FCF UP

Free cash flow moved from -$160.0M to $431.2M, and covered net income 0.56×.

CASH FROM OPS +94.9%
1,441 32.5% MGN
CAPITAL EXPENDITURE +12.3%
1,010
FREE CASH FLOW —
431
FCF / NET INCOME —
0.56× TARGET >1.0×
Cash flow 24-09 24-12 25-03 25-06 25-09 25-12 26-03 QoQ YoY TTM 8Q
Net income
10-Q
387 351 270 629 478 545 480 765 +59.4% +21.5% 2,268 2024-09-30 · $387.4M2024-12-31 · $350.9M2025-03-31 · $270.5M2025-06-30 · $629.1M2025-09-30 · $478.4M2025-12-31 · $545.0M2026-03-31 · $479.6M2026-06-30 · $764.6M
Depreciation & amortization
10-Q
355 378 368 374 384 390 426 453 +6.4% +21.2% 1,653
Stock-based comp
18 16 18 17 18 17 23 18 -22.4% +5.3% 76
Cash from operations
541 1,328 954 858 599 1,506 740 1,441 +94.9% +67.9% 4,286 2024-09-30 · $540.9M2024-12-31 · $1.3B2025-03-31 · $954.4M2025-06-30 · $858.3M2025-09-30 · $599.2M2025-12-31 · $1.5B2026-03-31 · $739.5M2026-06-30 · $1.4B
Cash conversion
1.40× 3.78× 3.53× 1.36× 1.25× 2.76× 1.54× 1.89× +22.3% +38.2% 1.89×
Capital expenditures
(829) (727) (792) (906) (672) (963) (900) (1,010) +12.3% +11.5% (3,545)
Free cash flow
-288 601 162 -48 -73 542 -160 431 — — 741 2024-09-30 · -$287.9M2024-12-31 · $601.0M2025-03-31 · $162.2M2025-06-30 · -$47.8M2025-09-30 · -$72.6M2025-12-31 · $542.3M2026-03-31 · -$160.0M2026-06-30 · $431.2M
FCF margin
-7.5% 13.6% 3.6% -1.1% -1.7% 13.4% -3.9% 9.7% — — 4.4%
Cash from investing
-847 -746 -813 -957 -691 -1,181 -2,161 -1,014 — — -5,046
Share repurchases
168 108 125 324 156 37 55 80 +45.6% -75.3% 328
Debt repayment
NOT DISCLOSED
— — — — — 0 687 0 -100.0% — —
Cash from financing
267 -552 -147 60 103 -283 1,355 -396 — — 780
Net change in cash
-39 30 -6 -38 11 42 -66 32 — — 19
Ending cash balance
127 157 151 113 124 166 100 132 +32.2% +17.0% 132

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM-160 CASH FROM OPERATIONS+702 CAPITAL EXPENDITURES-111 TO431
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-06 ↗