Targa Resources Corp. (TRGP)
NYSE: TRGP · Real-Time Price · USD
158.25
-3.62 (-2.24%)
May 5, 2025, 4:00 PM EDT - Market closed

Targa Resources Statistics

Total Valuation

Targa Resources has a market cap or net worth of $34.33 billion. The enterprise value is $50.39 billion.

Market Cap 34.33B
Enterprise Value 50.39B

Important Dates

The last earnings date was Thursday, May 1, 2025, before market open.

Earnings Date May 1, 2025
Ex-Dividend Date Apr 30, 2025

Share Statistics

Targa Resources has 216.93 million shares outstanding. The number of shares has decreased by -2.03% in one year.

Current Share Class 216.93M
Shares Outstanding 216.93M
Shares Change (YoY) -2.03%
Shares Change (QoQ) -0.23%
Owned by Insiders (%) 1.54%
Owned by Institutions (%) 93.37%
Float 213.38M

Valuation Ratios

The trailing PE ratio is 29.11 and the forward PE ratio is 19.66. Targa Resources's PEG ratio is 0.54.

PE Ratio 29.11
Forward PE 19.66
PS Ratio 2.12
Forward PS 1.57
PB Ratio 14.04
P/TBV Ratio 61.79
P/FCF Ratio 53.68
P/OCF Ratio 9.21
PEG Ratio 0.54
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 12.41, with an EV/FCF ratio of 78.79.

EV / Earnings 42.15
EV / Sales 3.08
EV / EBITDA 12.41
EV / EBIT 19.38
EV / FCF 78.79

Financial Position

The company has a current ratio of 0.65, with a Debt / Equity ratio of 6.30.

Current Ratio 0.65
Quick Ratio 0.49
Debt / Equity 6.30
Debt / EBITDA 3.99
Debt / FCF 25.35
Interest Coverage 3.53

Financial Efficiency

Return on equity (ROE) is 41.98% and return on invested capital (ROIC) is 8.90%.

Return on Equity (ROE) 41.98%
Return on Assets (ROA) 7.44%
Return on Invested Capital (ROIC) 8.90%
Return on Capital Employed (ROCE) 13.26%
Revenue Per Employee $4.86M
Profits Per Employee $354,688
Employee Count 3,370
Asset Turnover 0.75
Inventory Turnover 44.70

Taxes

In the past 12 months, Targa Resources has paid $374.00 million in taxes.

Income Tax 374.00M
Effective Tax Rate 19.95%

Stock Price Statistics

The stock price has increased by +40.91% in the last 52 weeks. The beta is 1.22, so Targa Resources's price volatility has been higher than the market average.

Beta (5Y) 1.22
52-Week Price Change +40.91%
50-Day Moving Average 183.43
200-Day Moving Average 174.61
Relative Strength Index (RSI) 36.23
Average Volume (20 Days) 2,702,722

Short Selling Information

The latest short interest is 4.32 million, so 1.99% of the outstanding shares have been sold short.

Short Interest 4.32M
Short Previous Month 4.13M
Short % of Shares Out 1.99%
Short % of Float 2.02%
Short Ratio (days to cover) 1.76

Income Statement

In the last 12 months, Targa Resources had revenue of $16.38 billion and earned $1.20 billion in profits. Earnings per share was $5.44.

Revenue 16.38B
Gross Profit 5.64B
Operating Income 2.60B
Pretax Income 1.43B
Net Income 1.20B
EBITDA 4.06B
EBIT 2.60B
Earnings Per Share (EPS) $5.44
Full Income Statement

Balance Sheet

The company has $151.40 million in cash and $16.21 billion in debt, giving a net cash position of -$16.06 billion or -$74.02 per share.

Cash & Cash Equivalents 151.40M
Total Debt 16.21B
Net Cash -16.06B
Net Cash Per Share -$74.02
Equity (Book Value) 2.57B
Book Value Per Share 11.27
Working Capital -1.12B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.73 billion and capital expenditures -$3.09 billion, giving a free cash flow of $639.50 million.

Operating Cash Flow 3.73B
Capital Expenditures -3.09B
Free Cash Flow 639.50M
FCF Per Share $2.95
Full Cash Flow Statement

Margins

Gross margin is 34.42%, with operating and profit margins of 15.87% and 7.98%.

Gross Margin 34.42%
Operating Margin 15.87%
Pretax Margin 11.44%
Profit Margin 7.98%
EBITDA Margin 24.79%
EBIT Margin 15.87%
FCF Margin 3.90%

Dividends & Yields

This stock pays an annual dividend of $4.00, which amounts to a dividend yield of 2.53%.

Dividend Per Share $4.00
Dividend Yield 2.53%
Dividend Growth (YoY) 44.44%
Years of Dividend Growth 3
Payout Ratio 73.57%
Buyback Yield 2.03%
Shareholder Yield 4.55%
Earnings Yield 3.48%
FCF Yield 1.86%
Dividend Details

Analyst Forecast

The average price target for Targa Resources is $202.17, which is 27.75% higher than the current price. The consensus rating is "Strong Buy".

Price Target $202.17
Price Target Difference 27.75%
Analyst Consensus Strong Buy
Analyst Count 18
Revenue Growth Forecast (5Y) 5.09%
EPS Growth Forecast (5Y) 17.70%
Stock Forecasts

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

Targa Resources has an Altman Z-Score of 2.15 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.15
Piotroski F-Score 5