Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
297.33
+1.03 (0.35%)
At close: Nov 13, 2026, 4:00 PM EST
296.00
-1.33 (-0.45%)
After-hours: Nov 13, 2026, 7:39 PM EST
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 | Nov '26 Nov 13, 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 |
| 63,793 | 39,605 | 38,924 | 19,370 | 16,639 | 11,961 | |
Market Cap Growth | 71.56% | 1.75% | 100.95% | 16.41% | 39.10% | 97.99% |
Enterprise Value | 83,495 | 57,039 | 55,017 | 34,058 | 30,050 | 22,484 |
Last Close Price | 296.30 | 181.09 | 171.40 | 81.57 | 67.41 | 46.91 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 13, 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 | 26.31 | 21.51 | 30.66 | 23.39 | 18.55 | - |
Forward PE | 24.00 | 20.26 | 23.77 | 15.65 | 13.74 | 19.90 |
PS Ratio | 3.50 | 2.33 | 2.38 | 1.21 | 0.80 | 0.71 |
PB Ratio | 16.66 | 12.38 | 8.81 | 4.20 | 3.34 | 2.02 |
P/TBV Ratio | 35.10 | 30.37 | 68.31 | 56.32 | - | 13.04 |
P/FCF Ratio | 68.16 | 67.80 | 56.92 | 23.45 | 15.90 | 6.65 |
P/OCF Ratio | 12.60 | 10.11 | 10.67 | 6.03 | 6.99 | 5.19 |
PEG Ratio | 0.99 | 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 | Nov '26 Nov 13, 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 | 4.58 | 3.35 | 3.36 | 2.12 | 1.44 | 1.33 |
EV/EBITDA Ratio | 14.31 | 11.77 | 13.36 | 8.61 | 10.62 | 10.26 |
EV/EBIT Ratio | 20.35 | 17.12 | 20.41 | 12.97 | 17.38 | 17.07 |
EV/FCF Ratio | 89.26 | 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 | Nov '26 Nov 13, 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 | 5.01 | 5.49 | 3.23 | 2.83 | 2.32 | 1.12 |
Debt / EBITDA Ratio | 3.30 | 3.48 | 3.33 | 3.17 | 3.96 | 2.97 |
Debt / FCF Ratio | 21.25 | 30.04 | 20.90 | 15.77 | 11.07 | 3.70 |
Net Debt / Equity Ratio | 4.97 | 5.43 | 3.20 | 2.80 | 2.28 | 1.09 |
Net Debt / EBITDA Ratio | 3.38 | 3.59 | 3.43 | 3.26 | 4.01 | 2.96 |
Net Debt / FCF Ratio | 21.10 | 29.76 | 20.67 | 15.60 | 10.86 | 3.61 |
Asset Turnover | 0.68 | 0.71 | 0.76 | 0.80 | 1.20 | 1.09 |
Inventory Turnover | 25.42 | 27.52 | 30.33 | 27.90 | 61.70 | 81.99 |
Quick Ratio | 0.59 | 0.46 | 0.56 | 0.58 | 0.53 | 0.65 |
Current Ratio | 0.74 | 0.67 | 0.72 | 0.80 | 0.77 | 0.77 |
Return on Equity (ROE) | 73.42% | 51.38% | 34.41% | 32.93% | 28.07% | 6.96% |
Return on Assets (ROA) | 9.52% | 8.68% | 7.76% | 8.16% | 6.22% | 5.30% |
Return on Invested Capital (ROIC) | 13.79% | 13.40% | 11.99% | 12.62% | 11.07% | 9.72% |
Return on Capital Employed (ROCE) | 15.90% | 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 | Nov '26 Nov 13, 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 | 3.80% | 4.86% | 3.37% | 6.95% | 7.18% | 0.60% |
FCF Yield | 1.47% | 1.47% | 1.76% | 4.26% | 6.29% | 15.03% |
Dividend Yield | 1.68% | 2.17% | 1.68% | 2.30% | 1.90% | 1.24% |
Payout Ratio | 42.03% | 42.55% | 46.91% | 31.75% | 31.76% | 263.34% |
Buyback Yield / Dilution | 1.06% | 1.99% | 2.08% | 2.21% | -1.09% | 1.55% |
Total Shareholder Return | 2.74% | 4.16% | 3.76% | 4.51% | 0.81% | 2.79% |