Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
293.65
+5.83 (2.03%)
Aug 31, 2026, 4:00 PM EDT - Market closed
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 Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 62,968 | 57,555 | 53,857 | 39,605 | 36,053 | 37,763 | 43,619 | 38,924 | 32,426 | 28,553 | 24,922 | 19,370 | 19,177 | 17,200 | 16,507 | 16,639 | 13,670 | 13,604 | 17,227 | 11,961 | 11,252 | |
Market Cap Growth (YoY) | 77.16% | 52.41% | 23.47% | 1.75% | 11.19% | 32.26% | 75.02% | 100.95% | 69.09% | 66.00% | 50.98% | 16.41% | 40.28% | 26.43% | -4.18% | 39.10% | 21.49% | 33.85% | 137.30% | 97.99% | 243.91% |
Enterprise Value | 82,413 | 76,719 | 71,368 | 57,039 | 52,914 | 53,942 | 59,578 | 55,017 | 47,788 | 43,449 | 39,683 | 34,058 | 33,311 | 31,056 | 30,184 | 30,050 | 23,308 | 23,787 | 27,629 | 22,484 | 21,979 |
Last Close Price | 293.65 | 266.89 | 248.31 | 181.82 | 164.01 | 169.40 | 193.98 | 172.09 | 142.05 | 122.91 | 106.20 | 81.90 | 80.34 | 70.88 | 67.49 | 67.68 | 55.28 | 54.38 | 68.45 | 47.10 | 44.28 |
Price Ratios
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
PE Ratio | 28.06 | 25.52 | 25.41 | 21.51 | 22.32 | 24.77 | 36.49 | 30.66 | 26.33 | 26.82 | 22.78 | 23.41 | 22.10 | 20.40 | 18.55 | 18.55 | 56.14 | 64.54 | -135.12 | - | 35.32 |
Forward PE | 25.93 | 23.21 | 25.24 | 20.26 | 19.29 | 21.42 | 25.44 | 23.77 | 21.76 | 21.83 | 20.52 | 15.65 | 15.31 | 13.16 | 12.64 | 13.74 | 11.32 | 12.35 | 22.15 | 19.90 | 23.02 |
PS Ratio | 3.76 | 3.44 | 3.25 | 2.33 | 2.08 | 2.21 | 2.66 | 2.38 | 2.00 | 1.76 | 1.55 | 1.21 | 1.17 | 0.96 | 0.81 | 0.80 | 0.63 | 0.65 | 0.94 | 0.71 | 0.80 |
PB Ratio | 17.22 | 15.16 | 16.48 | 12.38 | 12.72 | 13.93 | 16.95 | 8.81 | 7.27 | 6.57 | 5.44 | 4.20 | 4.38 | 3.79 | 3.74 | 3.34 | 2.89 | 3.09 | 3.61 | 2.02 | 1.83 |
P/TBV Ratio | 40.59 | 37.10 | 57.58 | 30.37 | 37.02 | 48.81 | 78.51 | 68.31 | 64.44 | 94.08 | 55.80 | 56.32 | 322.30 | 129.71 | - | - | - | 13.19 | 27.34 | 13.04 | 12.49 |
P/FCF Ratio | 84.99 | 77.68 | - | 67.80 | - | - | 68.21 | 56.92 | - | 67.33 | 73.58 | 23.45 | - | 20.11 | 13.79 | 15.90 | 10.14 | 8.21 | 9.80 | 6.65 | 5.69 |
P/OCF Ratio | 14.69 | 13.43 | 14.55 | 10.11 | 9.64 | 10.26 | 11.70 | 10.67 | 9.89 | 9.08 | 8.54 | 6.03 | 6.87 | 6.05 | 5.89 | 6.99 | 5.82 | 5.71 | 7.27 | 5.19 | 4.60 |
PEG Ratio | 1.48 | 1.28 | 1.23 | 0.98 | 0.91 | 0.58 | 0.69 | 0.86 | 1.19 | 0.92 | 1.37 | 1.04 | 1.02 | 0.94 | 0.97 | 0.81 | 0.67 | 0.82 | 3.16 | 6.95 | 6.95 |
EV Ratios
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
EV/Sales Ratio | 4.92 | 4.58 | 4.31 | 3.35 | 3.05 | 3.16 | 3.64 | 3.36 | 2.95 | 2.67 | 2.46 | 2.12 | 2.03 | 1.74 | 1.47 | 1.44 | 1.07 | 1.14 | 1.51 | 1.33 | 1.56 |
EV/EBITDA Ratio | 14.99 | 13.96 | 13.68 | 11.77 | 11.46 | 12.04 | 14.71 | 13.36 | 11.90 | 11.52 | 10.50 | 8.60 | 8.62 | 8.29 | 8.66 | 10.62 | 9.17 | 9.86 | 12.86 | 10.20 | 10.26 |
EV/EBIT Ratio | 21.44 | 19.95 | 19.59 | 17.12 | 16.99 | 17.95 | 22.92 | 20.41 | 18.17 | 18.05 | 16.34 | 12.97 | 13.10 | 12.59 | 13.30 | 17.38 | 15.03 | 15.99 | 21.57 | 16.91 | 17.30 |
EV/FCF Ratio | 111.23 | 103.55 | - | 97.65 | - | - | 93.16 | 80.45 | - | 102.45 | 117.16 | 41.22 | - | 36.31 | 25.22 | 28.72 | 17.29 | 14.35 | 15.72 | 12.51 | 11.11 |
Financial Efficiency
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Debt / Equity Ratio | 5.16 | 5.16 | 5.85 | 5.49 | 6.15 | 6.22 | 6.30 | 3.23 | 3.22 | 3.14 | 2.87 | 2.83 | 2.96 | 2.74 | 2.77 | 2.32 | 2.38 | 1.70 | 1.52 | 1.12 | 1.10 |
Debt / EBITDA Ratio | 3.44 | 2.90 | 3.73 | 3.23 | 3.57 | 2.99 | 4.45 | 3.18 | 3.20 | 3.37 | 3.23 | 3.21 | 3.78 | 3.10 | 2.58 | 3.21 | 3.86 | 2.58 | 3.58 | 2.75 | 2.87 |
Debt / FCF Ratio | 26.43 | 26.43 | - | 30.04 | - | - | 25.35 | 20.90 | - | 32.18 | 38.77 | 15.77 | - | 14.54 | 10.20 | 11.07 | 8.35 | 4.50 | 4.12 | 3.70 | 3.43 |
Net Debt / Equity Ratio | 5.12 | 5.12 | 5.82 | 5.43 | 6.11 | 6.17 | 6.24 | 3.20 | 3.19 | 3.10 | 2.85 | 2.80 | 2.93 | 2.70 | 2.72 | 2.28 | 2.34 | 1.66 | 1.49 | 1.09 | 1.07 |
Net Debt / EBITDA Ratio | 3.54 | 3.54 | 3.65 | 3.59 | 3.75 | 3.74 | 3.97 | 3.43 | 3.54 | 3.57 | 3.45 | 3.25 | 3.32 | 3.28 | 3.44 | 4.01 | 4.35 | 3.03 | 3.31 | 2.94 | 3.06 |
Net Debt / FCF Ratio | 26.25 | 26.25 | 72.67 | 29.76 | 26.93 | 39.15 | 25.11 | 20.67 | 44.32 | 31.79 | 38.45 | 15.60 | 21.11 | 14.35 | 10.02 | 10.86 | 8.21 | 4.41 | 4.05 | 3.61 | 3.32 |
Asset Turnover | 0.64 | 0.63 | 0.66 | 0.70 | 0.74 | 0.80 | 0.79 | 0.71 | 0.68 | 0.88 | 0.83 | 0.79 | 0.71 | 0.94 | 0.94 | 1.24 | 1.58 | 1.30 | 1.40 | 1.14 | |
Inventory Turnover | 25.19 | 28.50 | 25.08 | 20.07 | 21.46 | 27.85 | 44.14 | 31.21 | 25.72 | 32.25 | 43.20 | 25.55 | 25.36 | 35.33 | 43.91 | 30.74 | 51.15 | 134.73 | 134.05 | 77.75 | 75.62 |
Quick Ratio | 0.61 | 0.61 | 0.53 | 0.46 | 0.52 | 0.48 | 0.49 | 0.56 | 0.54 | 0.48 | 0.57 | 0.58 | 0.52 | 0.50 | 0.50 | 0.53 | 0.51 | 0.56 | 0.59 | 0.65 | 0.53 |
Current Ratio | 0.77 | 0.77 | 0.72 | 0.67 | 0.77 | 0.70 | 0.65 | 0.72 | 0.77 | 0.65 | 0.70 | 0.80 | 0.80 | 0.75 | 0.66 | 0.77 | 0.74 | 0.69 | 0.65 | 0.77 | 0.70 |
Return on Equity (ROE) | 88.07% | 60.29% | 73.36% | 70.20% | 96.47% | 32.02% | 37.31% | 40.70% | 32.16% | 28.96% | 31.83% | 25.03% | 34.63% | 47.28% | 32.61% | 24.47% | 60.00% | 12.61% | -16.51% | 18.74% | |
Return on Assets (ROA) | 11.10% | 8.18% | 9.29% | 8.77% | 11.16% | 5.97% | 7.85% | 8.43% | 7.45% | 7.70% | 7.77% | 6.37% | 8.43% | 10.84% | 7.08% | 6.19% | 7.38% | 4.85% | 5.98% | 5.84% | |
Return on Invested Capital (ROIC) | 4.20% | 3.18% | 3.60% | 3.31% | 4.21% | 2.32% | 2.97% | 3.28% | 2.80% | 2.92% | 2.85% | 2.49% | 3.13% | 4.26% | 3.35% | 3.00% | 3.40% | 2.14% | 2.97% | 2.84% | |
Return on Capital Employed (ROCE) | 15.30% | 15.30% | 15.40% | 15.40% | 14.70% | 14.80% | 13.30% | 13.80% | 13.60% | 13.10% | 13.50% | 14.70% | 14.50% | 14.40% | 13.70% | 10.50% | 9.70% | 12.20% | 10.30% | 10.30% | 9.70% |
Yields
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Earnings Yield | 3.58% | 3.94% | 3.96% | 4.86% | 4.80% | 4.34% | 3.00% | 3.37% | 3.89% | 3.83% | 4.51% | 6.95% | 7.11% | 7.78% | 9.72% | 7.18% | 4.13% | 4.06% | 0.07% | 0.60% | 3.72% |
FCF Yield | 1.18% | 1.29% | 0.49% | 1.47% | 1.78% | 1.13% | 1.47% | 1.76% | 0.99% | 1.49% | 1.36% | 4.26% | 3.17% | 4.97% | 7.25% | 6.29% | 9.86% | 12.18% | 10.21% | 15.03% | 17.57% |
Dividend Yield | 1.70% | 1.69% | 1.71% | 2.20% | 2.29% | 2.07% | 1.68% | 1.74% | 1.94% | 2.03% | 2.12% | 2.44% | 2.30% | 2.40% | 2.30% | 2.07% | 2.53% | 2.11% | 1.31% | 1.38% | 0.90% |
Payout Ratio | 43.01% | 35.27% | 45.64% | 39.60% | 45.34% | 34.72% | 61.81% | 46.98% | 42.95% | 56.15% | 42.37% | 37.55% | 52.36% | 34.71% | 17.16% | 25.44% | 41.95% | 18.41% | 122.73% | - | 26.07% |
Buyback Yield / Dilution | 1.51% | 0.97% | 1.46% | 1.60% | 1.82% | 2.07% | 2.23% | 2.36% | 2.27% | 2.16% | 2.44% | 2.35% | 2.26% | 2.11% | 1.33% | -0.57% | 16.68% | -0.17% | 15.40% | 0.26% | -18.22% |
Total Shareholder Return | 3.21% | 2.65% | 3.17% | 3.80% | 4.10% | 4.14% | 3.91% | 4.10% | 4.20% | 4.19% | 4.56% | 4.79% | 4.56% | 4.51% | 3.63% | 1.50% | 19.21% | 1.94% | 16.71% | 1.64% | -17.32% |