Targa Resources Statistics
Total Valuation
TRGP has a market cap or net worth of $38.55 billion. The enterprise value is $52.76 billion.
| Market Cap | 38.55B |
| Enterprise Value | 52.76B |
Important Dates
The next estimated earnings date is Thursday, February 13, 2025, before market open.
| Earnings Date | Feb 13, 2025 |
| Ex-Dividend Date | Oct 31, 2024 |
Share Statistics
TRGP has 218.06 million shares outstanding. The number of shares has decreased by -2.08% in one year.
| Current Share Class | 218.06M |
| Shares Outstanding | 218.06M |
| Shares Change (YoY) | -2.08% |
| Shares Change (QoQ) | -0.86% |
| Owned by Insiders (%) | 1.58% |
| Owned by Institutions (%) | 92.08% |
| Float | 214.41M |
Valuation Ratios
The trailing PE ratio is 31.96 and the forward PE ratio is 23.54. TRGP's PEG ratio is 1.68.
| PE Ratio | 31.96 |
| Forward PE | 23.54 |
| PS Ratio | 2.41 |
| Forward PS | 1.95 |
| PB Ratio | 15.00 |
| P/TBV Ratio | 76.61 |
| P/FCF Ratio | 120.25 |
| P/OCF Ratio | 11.76 |
| PEG Ratio | 1.68 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.12, with an EV/FCF ratio of 164.57.
| EV / Earnings | 42.85 |
| EV / Sales | 3.25 |
| EV / EBITDA | 13.12 |
| EV / EBIT | 20.06 |
| EV / FCF | 164.57 |
Financial Position
The company has a current ratio of 0.77, with a Debt / Equity ratio of 3.22.
| Current Ratio | 0.77 |
| Quick Ratio | 0.54 |
| Debt / Equity | 3.22 |
| Debt / EBITDA | 3.45 |
| Debt / FCF | 44.71 |
| Interest Coverage | 3.43 |
Financial Efficiency
Return on equity (ROE) is 33.89% and return on invested capital (ROIC) is 9.10%.
| Return on Equity (ROE) | 33.89% |
| Return on Assets (ROA) | 7.81% |
| Return on Capital (ROIC) | 9.10% |
| Revenue Per Employee | $5.10M |
| Profits Per Employee | $386,958 |
| Employee Count | 3,182 |
| Asset Turnover | 0.77 |
| Inventory Turnover | 22.46 |
Taxes
In the past 12 months, TRGP has paid $376.60 million in taxes.
| Income Tax | 376.60M |
| Effective Tax Rate | 20.10% |
Stock Price Statistics
The stock price has increased by +104.93% in the last 52 weeks. The beta is 2.28, so TRGP's price volatility has been higher than the market average.
| Beta (5Y) | 2.28 |
| 52-Week Price Change | +104.93% |
| 50-Day Moving Average | 182.89 |
| 200-Day Moving Average | 142.06 |
| Relative Strength Index (RSI) | 38.85 |
| Average Volume (20 Days) | 2,070,086 |
Short Selling Information
The latest short interest is 3.51 million, so 1.61% of the outstanding shares have been sold short.
| Short Interest | 3.51M |
| Short Previous Month | 3.50M |
| Short % of Shares Out | 1.61% |
| Short % of Float | 1.64% |
| Short Ratio (days to cover) | 2.12 |
Income Statement
In the last 12 months, TRGP had revenue of $16.22 billion and earned $1.23 billion in profits. Earnings per share was $5.53.
| Revenue | 16.22B |
| Gross Profit | 5.54B |
| Operating Income | 2.63B |
| Pretax Income | 1.43B |
| Net Income | 1.23B |
| EBITDA | 4.02B |
| EBIT | 2.63B |
| Earnings Per Share (EPS) | $5.53 |
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 | -599.10M |
Cash Flow
In the last 12 months, operating cash flow was $3.28 billion and capital expenditures -$2.96 billion, giving a free cash flow of $320.60 million.
| Operating Cash Flow | 3.28B |
| Capital Expenditures | -2.96B |
| Free Cash Flow | 320.60M |
| FCF Per Share | $1.47 |
Margins
Gross margin is 34.14%, with operating and profit margins of 16.22% and 7.77%.
| Gross Margin | 34.14% |
| Operating Margin | 16.22% |
| Pretax Margin | 11.55% |
| Profit Margin | 7.77% |
| EBITDA Margin | 24.80% |
| EBIT Margin | 16.22% |
| FCF Margin | 1.98% |
Dividends & Yields
This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 1.70%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 1.70% |
| Dividend Growth (YoY) | 48.65% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 54.24% |
| Buyback Yield | 2.08% |
| Shareholder Yield | 3.78% |
| Earnings Yield | 3.19% |
| FCF Yield | 0.83% |
Analyst Forecast
The average price target for TRGP is $176.19, which is -0.34% lower than the current price. The consensus rating is "Strong Buy".
| Price Target | $176.19 |
| Price Target Difference | -0.34% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 16 |
| 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
TRGP has an Altman Z-Score of 2.01 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.01 |
| Piotroski F-Score | 5 |