Paramount Global Statistics
Total Valuation
Targa Resources has a market cap or net worth of $35.75 billion. The enterprise value is $52.23 billion.
| Market Cap | 35.75B |
| Enterprise Value | 52.23B |
Important Dates
The last earnings date was Thursday, August 7, 2025, before market open.
| Earnings Date | Aug 7, 2025 |
| Ex-Dividend Date | Jul 31, 2025 |
Share Statistics
Targa Resources has 215.19 million shares outstanding. The number of shares has decreased by -2.21% in one year.
| Current Share Class | 215.19M |
| Shares Outstanding | 215.19M |
| Shares Change (YoY) | -2.21% |
| Shares Change (QoQ) | -0.64% |
| Owned by Insiders (%) | 1.59% |
| Owned by Institutions (%) | 95.13% |
| Float | 211.57M |
Valuation Ratios
The trailing PE ratio is 23.82 and the forward PE ratio is 19.01. Targa Resources's PEG ratio is 0.90.
| PE Ratio | 23.82 |
| Forward PE | 19.01 |
| PS Ratio | 2.14 |
| Forward PS | 1.59 |
| PB Ratio | 13.99 |
| P/TBV Ratio | 45.88 |
| P/FCF Ratio | 83.03 |
| P/OCF Ratio | 9.64 |
| PEG Ratio | 0.90 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 11.63, with an EV/FCF ratio of 122.18.
| EV / Earnings | 34.27 |
| EV / Sales | 3.06 |
| EV / EBITDA | 11.63 |
| EV / EBIT | 17.38 |
| EV / FCF | 122.18 |
Financial Position
The company has a current ratio of 0.69, with a Debt / Equity ratio of 6.21.
| Current Ratio | 0.69 |
| Quick Ratio | 0.48 |
| Debt / Equity | 6.21 |
| Debt / EBITDA | 3.75 |
| Debt / FCF | 39.42 |
| Interest Coverage | 3.86 |
Financial Efficiency
Return on equity (ROE) is 50.39% and return on invested capital (ROIC) is 10.00%.
| Return on Equity (ROE) | 50.39% |
| Return on Assets (ROA) | 8.39% |
| Return on Invested Capital (ROIC) | 10.00% |
| Return on Capital Employed (ROCE) | 14.78% |
| Revenue Per Employee | $5.07M |
| Profits Per Employee | $452,285 |
| Employee Count | 3,370 |
| Asset Turnover | 0.76 |
| Inventory Turnover | 28.74 |
Taxes
In the past 12 months, Targa Resources has paid $463.70 million in taxes.
| Income Tax | 463.70M |
| Effective Tax Rate | 20.68% |
Stock Price Statistics
The stock price has increased by +20.47% in the last 52 weeks. The beta is 1.13, so Targa Resources's price volatility has been higher than the market average.
| Beta (5Y) | 1.13 |
| 52-Week Price Change | +20.47% |
| 50-Day Moving Average | 168.21 |
| 200-Day Moving Average | 181.34 |
| Relative Strength Index (RSI) | 48.12 |
| Average Volume (20 Days) | 1,508,307 |
Short Selling Information
The latest short interest is 4.01 million, so 1.86% of the outstanding shares have been sold short.
| Short Interest | 4.01M |
| Short Previous Month | 5.02M |
| Short % of Shares Out | 1.86% |
| Short % of Float | 1.90% |
| Short Ratio (days to cover) | 3.00 |
Income Statement
In the last 12 months, Targa Resources had revenue of $17.08 billion and earned $1.52 billion in profits. Earnings per share was $6.97.
| Revenue | 17.08B |
| Gross Profit | 6.10B |
| Operating Income | 3.01B |
| Pretax Income | 1.43B |
| Net Income | 1.52B |
| EBITDA | 4.49B |
| EBIT | 3.01B |
| Earnings Per Share (EPS) | $6.97 |
Balance Sheet
The company has $113.10 million in cash and $16.85 billion in debt, giving a net cash position of -$16.74 billion or -$77.78 per share.
| Cash & Cash Equivalents | 113.10M |
| Total Debt | 16.85B |
| Net Cash | -16.74B |
| Net Cash Per Share | -$77.78 |
| Equity (Book Value) | 2.71B |
| Book Value Per Share | 12.01 |
| Working Capital | -969.50M |
Cash Flow
In the last 12 months, operating cash flow was $3.68 billion and capital expenditures -$3.25 billion, giving a free cash flow of $427.50 million.
| Operating Cash Flow | 3.68B |
| Capital Expenditures | -3.25B |
| Free Cash Flow | 427.50M |
| FCF Per Share | $1.99 |
Margins
Gross margin is 35.70%, with operating and profit margins of 17.60% and 9.59%.
| Gross Margin | 35.70% |
| Operating Margin | 17.60% |
| Pretax Margin | 13.13% |
| Profit Margin | 9.59% |
| EBITDA Margin | 26.30% |
| EBIT Margin | 17.60% |
| FCF Margin | 2.50% |
Dividends & Yields
This stock pays an annual dividend of $4.00, which amounts to a dividend yield of 2.41%.
| Dividend Per Share | $4.00 |
| Dividend Yield | 2.41% |
| Dividend Growth (YoY) | 40.00% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 50.20% |
| Buyback Yield | 2.21% |
| Shareholder Yield | 4.63% |
| Earnings Yield | 4.29% |
| FCF Yield | 1.20% |
Analyst Forecast
The average price target for Targa Resources is $208.13, which is 25.29% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $208.13 |
| Price Target Difference | 25.29% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 16 |
| Revenue Growth Forecast (5Y) | 6.87% |
| EPS Growth Forecast (5Y) | 16.14% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
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 2.28 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.28 |
| Piotroski F-Score | 6 |