Targa Resources Corp. (TRGP)

Targa Resources Statistics

Total Valuation

Targa Resources has a market cap or net worth of $43.69 billion. The enterprise value is $57.90 billion.

Market Cap	43.69B
Enterprise Value	57.90B

Important Dates

The last earnings date was Thursday, February 20, 2025, before market open.

Earnings Date	Feb 20, 2025
Ex-Dividend Date	Jan 31, 2025

Share Statistics

Targa Resources has 218.06 million shares outstanding. The number of shares has decreased by -3.39% in one year.

Current Share Class	218.06M
Shares Outstanding	218.06M
Shares Change (YoY)	-3.39%
Shares Change (QoQ)	-0.76%
Owned by Insiders (%)	1.71%
Owned by Institutions (%)	92.35%
Float	214.12M

Valuation Ratios

The trailing PE ratio is 34.20 and the forward PE ratio is 25.89. Targa Resources's PEG ratio is 0.92.

PE Ratio	34.20
Forward PE	25.89
PS Ratio	2.67
Forward PS	2.26
PB Ratio	17.00
P/TBV Ratio	86.83
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	0.92

Enterprise Valuation

EV / Earnings	45.27
EV / Sales	3.53
EV / EBITDA	14.14
EV / EBIT	21.48
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	3.22
Debt / EBITDA	3.50
Debt / FCF	n/a
Interest Coverage	3.51

Financial Efficiency

Return on equity (ROE) is 34.26% and return on invested capital (ROIC) is 9.25%.

Return on Equity (ROE)	34.26%
Return on Assets (ROA)	n/a
Return on Invested Capital (ROIC)	9.25%
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$4.86M
Profits Per Employee	$379,555
Employee Count	3,370
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, Targa Resources has paid $384.50 million in taxes.

Income Tax	384.50M
Effective Tax Rate	19.84%

Stock Price Statistics

The stock price has increased by +107.93% in the last 52 weeks. The beta is 2.29, so Targa Resources's price volatility has been higher than the market average.

Beta (5Y)	2.29
52-Week Price Change	+107.93%
50-Day Moving Average	195.06
200-Day Moving Average	159.32
Relative Strength Index (RSI)	48.15
Average Volume (20 Days)	1,478,662

Short Selling Information

The latest short interest is 3.72 million, so 1.70% of the outstanding shares have been sold short.

Short Interest	3.72M
Short Previous Month	4.59M
Short % of Shares Out	1.70%
Short % of Float	1.74%
Short Ratio (days to cover)	2.47

Income Statement

In the last 12 months, Targa Resources had revenue of $16.38 billion and earned $1.28 billion in profits. Earnings per share was $5.86.

Revenue	16.38B
Gross Profit	5.68B
Operating Income	2.70B
Pretax Income	1.43B
Net Income	1.28B
EBITDA	4.09B
EBIT	2.70B
Earnings Per Share (EPS)	$5.86

Balance Sheet

The company has $127.20 million in cash and $14.34 billion in debt, giving a net cash position of -$14.21 billion or -$65.16 per share.

Cash & Cash Equivalents	127.20M
Total Debt	14.34B
Net Cash	-14.21B
Net Cash Per Share	-$65.16
Equity (Book Value)	4.46B
Book Value Per Share	11.79
Working Capital	n/a

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 34.66%, with operating and profit margins of 16.45% and 8.01%.

Gross Margin	34.66%
Operating Margin	16.45%
Pretax Margin	11.83%
Profit Margin	8.01%
EBITDA Margin	24.99%
EBIT Margin	16.45%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 1.50%.

Dividend Per Share	$3.00
Dividend Yield	1.50%
Dividend Growth (YoY)	50.00%
Years of Dividend Growth	3
Payout Ratio	51.21%
Buyback Yield	3.39%
Shareholder Yield	4.89%
Earnings Yield	2.93%
FCF Yield	n/a

Analyst Forecast

The average price target for Targa Resources is $197.67, which is -1.34% lower than the current price. The consensus rating is "Strong Buy".

Price Target	$197.67
Price Target Difference	-1.34%
Analyst Consensus	Strong Buy
Analyst Count	15
Revenue Growth Forecast (5Y)	4.39%
EPS Growth Forecast (5Y)	22.50%

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	2