Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
289.32
-2.59 (-0.89%)
At close: Sep 11, 2026, 4:00 PM EDT
290.25
+0.93 (0.32%)
After-hours: Sep 11, 2026, 7:30 PM EDT
Targa Resources Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 11, 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 |
| 62,239 | 39,605 | 38,924 | 19,370 | 16,639 | 11,961 | |
Market Cap Growth | 76.99% | 1.75% | 100.95% | 16.41% | 39.10% | 97.99% |
Enterprise Value | 81,684 | 57,039 | 55,017 | 34,058 | 30,050 | 22,484 |
Last Close Price | 290.25 | 181.82 | 172.09 | 81.90 | 67.68 | 47.10 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 11, 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 |
PE Ratio | 27.74 | 21.51 | 30.66 | 23.39 | 18.55 | - |
Forward PE | 25.62 | 20.26 | 23.77 | 15.65 | 13.74 | 19.90 |
PS Ratio | 3.72 | 2.33 | 2.38 | 1.21 | 0.80 | 0.71 |
PB Ratio | 17.02 | 12.38 | 8.81 | 4.20 | 3.34 | 2.02 |
P/TBV Ratio | 40.12 | 30.37 | 68.31 | 56.32 | - | 13.04 |
P/FCF Ratio | 84.00 | 67.80 | 56.92 | 23.45 | 15.90 | 6.65 |
P/OCF Ratio | 14.52 | 10.11 | 10.67 | 6.03 | 6.99 | 5.19 |
PEG Ratio | 1.47 | 0.98 | 0.86 | 1.04 | 0.81 | 6.95 |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 11, 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 |
EV/Sales Ratio | 4.88 | 3.35 | 3.36 | 2.12 | 1.44 | 1.33 |
EV/EBITDA Ratio | 14.86 | 11.77 | 13.36 | 8.61 | 10.62 | 10.26 |
EV/EBIT Ratio | 21.25 | 17.12 | 20.41 | 12.97 | 17.38 | 17.07 |
EV/FCF Ratio | 110.25 | 97.65 | 80.45 | 41.22 | 28.72 | 12.51 |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 11, 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 |
Debt / Equity Ratio | 5.16 | 5.49 | 3.23 | 2.83 | 2.32 | 1.12 |
Debt / EBITDA Ratio | 3.44 | 3.48 | 3.33 | 3.17 | 3.96 | 2.97 |
Debt / FCF Ratio | 26.43 | 30.04 | 20.90 | 15.77 | 11.07 | 3.70 |
Net Debt / Equity Ratio | 5.12 | 5.43 | 3.20 | 2.80 | 2.28 | 1.09 |
Net Debt / EBITDA Ratio | 3.54 | 3.59 | 3.43 | 3.26 | 4.01 | 2.96 |
Net Debt / FCF Ratio | 26.25 | 29.76 | 20.67 | 15.60 | 10.86 | 3.61 |
Asset Turnover | 0.64 | 0.71 | 0.76 | 0.80 | 1.20 | 1.09 |
Inventory Turnover | 25.19 | 27.52 | 30.33 | 27.90 | 61.70 | 81.99 |
Quick Ratio | 0.61 | 0.46 | 0.56 | 0.58 | 0.53 | 0.65 |
Current Ratio | 0.77 | 0.67 | 0.72 | 0.80 | 0.77 | 0.77 |
Return on Equity (ROE) | 70.84% | 51.38% | 34.41% | 32.93% | 28.07% | 6.96% |
Return on Assets (ROA) | 9.24% | 8.68% | 7.76% | 8.16% | 6.22% | 5.30% |
Return on Invested Capital (ROIC) | 13.28% | 13.40% | 11.99% | 12.62% | 11.07% | 9.72% |
Return on Capital Employed (ROCE) | 15.30% | 15.40% | 13.80% | 14.70% | 10.50% | 10.20% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 11, 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 |
Earnings Yield | 3.62% | 4.86% | 3.37% | 6.95% | 7.18% | 0.60% |
FCF Yield | 1.19% | 1.47% | 1.76% | 4.26% | 6.29% | 15.03% |
Dividend Yield | 1.73% | 2.20% | 1.74% | 2.44% | 2.07% | 1.38% |
Payout Ratio | 43.01% | 42.55% | 46.91% | 31.75% | 31.76% | 263.34% |
Buyback Yield / Dilution | 1.51% | 1.99% | 2.08% | 2.21% | -1.09% | 1.55% |
Total Shareholder Return | 3.24% | 4.19% | 3.82% | 4.65% | 0.97% | 2.93% |