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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	56,541	39,605	38,871	19,338	16,820	11,922
Market Cap Growth	59.98%	1.89%	101.00%	14.97%	41.08%	98.17%
Enterprise Value	75,584	57,002	54,714	34,021	30,454	22,278
Last Close Price	262.98	184.50	178.50	86.87	73.50	52.24
PE Ratio	26.87	21.73	31.10	23.74	18.94	-
Forward PE	22.25	20.26	23.77	15.65	13.74	19.90
PEG Ratio	1.23	0.98	0.86	1.04	0.81	6.95
PS Ratio	3.41	2.33	2.37	1.20	0.80	0.70
PB Ratio	18.11	12.91	14.99	7.06	6.31	5.93
P/TBV Ratio	60.77	28.25	64.23	50.46	-	13.02
P/FCF Ratio	215.93	80.20	56.84	23.41	19.99	6.63
P/OCF Ratio	15.27	10.11	10.65	6.02	7.06	5.18
EV/Sales Ratio	4.56	3.35	3.34	2.12	1.46	1.31
EV/EBITDA Ratio	14.46	11.72	13.24	8.57	10.74	12.76
EV/EBIT Ratio	20.79	17.11	20.30	12.95	17.61	25.76
EV/FCF Ratio	288.60	115.44	80.00	41.18	36.20	12.39
Debt / Equity Ratio	5.64	5.21	3.12	2.68	2.15	1.24
Debt / EBITDA Ratio	3.66	3.58	3.43	3.26	4.07	3.78
Debt / FCF Ratio	73.05	35.30	20.73	15.68	13.71	3.67
Net Debt / Equity Ratio	6.07	5.63	5.41	4.68	4.25	3.20
Net Debt / EBITDA Ratio	3.64	3.55	3.39	3.23	3.99	3.69
Net Debt / FCF Ratio	72.67	34.97	20.50	15.51	13.45	3.58
Asset Turnover	0.63	0.71	0.75	0.80	1.20	1.09
Inventory Turnover	28.74	30.92	33.66	30.72	65.04	86.45
Quick Ratio	0.53	0.46	0.56	0.58	0.53	0.65
Current Ratio	0.72	0.67	0.72	0.79	0.77	0.77
Return on Equity (ROE)	66.93%	51.38%	34.41%	32.93%	30.14%	7.62%
Return on Assets (ROA)	10.95%	10.93%	9.96%	10.61%	9.16%	5.38%
Return on Invested Capital (ROIC)	13.40%	13.48%	12.05%	12.66%	11.40%	6.68%
Return on Capital Employed (ROCE)	16.02%	16.16%	14.39%	15.27%	11.76%	6.40%
Earnings Yield	3.75%	4.60%	3.22%	4.21%	5.28%	-
FCF Yield	0.46%	1.25%	1.76%	4.27%	5.00%	15.08%
Dividend Yield	1.90%	2.05%	1.57%	2.19%	2.27%	1.57%
Payout Ratio	45.90%	44.17%	48.12%	51.12%	33.24%	263.34%
Buyback Yield / Dilution	1.80%	1.99%	2.08%	2.21%	-1.09%	1.55%
Total Shareholder Return	3.69%	4.04%	3.65%	4.40%	1.18%	3.12%

SEC Filings: 10-K · 10-Q