Targa Resources Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 3, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	43,713	38,924	19,370	16,639	11,961	6,041
Market Cap Growth	-7.07%	100.95%	16.41%	39.10%	97.99%	-36.44%
Enterprise Value	61,020	55,017	34,058	30,050	22,484	17,253
Last Close Price	203.64	173.77	82.70	68.34	47.55	23.76
PE Ratio	27.46	30.66	23.39	18.55	-	-
Forward PE	21.77	23.77	15.65	13.74	19.90	34.26
PS Ratio	2.54	2.38	1.21	0.80	0.71	0.73
PB Ratio	16.16	8.81	4.20	3.34	2.02	0.97
P/TBV Ratio	44.88	68.31	56.32	-	13.04	4.75
P/FCF Ratio	68.00	56.92	23.45	15.90	6.65	7.62
P/OCF Ratio	11.69	10.67	6.03	6.99	5.19	3.46
PEG Ratio	0.94	-	-	-	-	-
EV/Sales Ratio	3.51	3.36	2.12	1.44	1.33	2.09
EV/EBITDA Ratio	13.18	13.33	8.60	10.62	10.26	8.13
EV/EBIT Ratio	19.59	20.41	12.97	17.38	17.07	13.77
EV/FCF Ratio	94.93	80.45	41.22	28.72	12.51	21.76
Debt / Equity Ratio	6.15	3.23	2.83	2.32	1.12	1.26
Debt / EBITDA Ratio	3.77	3.32	3.17	3.96	2.97	3.61
Debt / FCF Ratio	27.12	20.90	15.77	11.07	3.70	9.86
Asset Turnover	0.75	0.76	0.80	1.20	1.09	0.48
Inventory Turnover	24.56	30.33	27.90	61.70	81.99	30.24
Quick Ratio	0.52	0.56	0.58	0.53	0.65	0.62
Current Ratio	0.77	0.72	0.80	0.77	0.77	0.82
Return on Equity (ROE)	49.85%	34.41%	32.93%	28.07%	6.96%	-17.75%
Return on Assets (ROA)	8.45%	7.76%	8.16%	6.22%	5.30%	4.52%
Return on Invested Capital (ROIC)	12.33%	11.99%	12.62%	11.07%	9.72%	8.34%
Return on Capital Employed (ROCE)	14.70%	13.80%	14.70%	10.50%	10.20%	8.90%
Earnings Yield	3.70%	3.37%	6.95%	7.18%	0.60%	-25.72%
FCF Yield	1.47%	1.76%	4.26%	6.29%	15.03%	13.13%
Dividend Yield	1.96%	1.73%	2.42%	2.05%	1.37%	1.68%
Payout Ratio	53.93%	46.91%	31.75%	31.76%	263.34%	-
Buyback Yield / Dilution	2.18%	2.08%	2.21%	-1.09%	1.55%	0.13%
Total Shareholder Return	4.14%	3.81%	4.63%	0.95%	2.92%	1.81%

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q