Targa Resources Statistics
Total Valuation
Targa Resources has a market cap or net worth of $44.97 billion. The enterprise value is $58.97 billion.
| Market Cap | 44.97B |
| Enterprise Value | 58.97B |
Important Dates
The next estimated earnings date is Thursday, May 1, 2025, before market open.
| Earnings Date | May 1, 2025 |
| Ex-Dividend Date | Jan 31, 2025 |
Share Statistics
Targa Resources has 218.11 million shares outstanding. The number of shares has decreased by -2.08% in one year.
| Current Share Class | 218.11M |
| Shares Outstanding | 218.11M |
| Shares Change (YoY) | -2.08% |
| Shares Change (QoQ) | -0.36% |
| Owned by Insiders (%) | 1.66% |
| Owned by Institutions (%) | 92.89% |
| Float | 214.28M |
Valuation Ratios
The trailing PE ratio is 35.87 and the forward PE ratio is 26.13. Targa Resources's PEG ratio is 0.71.
| PE Ratio | 35.87 |
| Forward PE | 26.13 |
| PS Ratio | 2.76 |
| Forward PS | 2.15 |
| PB Ratio | 17.27 |
| P/TBV Ratio | 78.69 |
| P/FCF Ratio | 65.56 |
| P/OCF Ratio | 12.28 |
| PEG Ratio | 0.71 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.28, with an EV/FCF ratio of 86.22.
| EV / Earnings | 46.45 |
| EV / Sales | 3.60 |
| EV / EBITDA | 14.28 |
| EV / EBIT | 21.88 |
| EV / FCF | 86.22 |
Financial Position
The company has a current ratio of 0.72, with a Debt / Equity ratio of 3.23.
| Current Ratio | 0.72 |
| Quick Ratio | 0.56 |
| Debt / Equity | 3.23 |
| Debt / EBITDA | 3.32 |
| Debt / FCF | 20.90 |
| Interest Coverage | 3.51 |
Financial Efficiency
Return on equity (ROE) is 34.41% and return on invested capital (ROIC) is 9.27%.
| Return on Equity (ROE) | 34.41% |
| Return on Assets (ROA) | 7.76% |
| Return on Invested Capital (ROIC) | 9.27% |
| Return on Capital Employed (ROCE) | 13.78% |
| Revenue Per Employee | $4.86M |
| Profits Per Employee | $376,706 |
| Employee Count | 3,370 |
| Asset Turnover | 0.75 |
| Inventory Turnover | 30.33 |
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 +84.80% in the last 52 weeks. The beta is 2.32, so Targa Resources's price volatility has been higher than the market average.
| Beta (5Y) | 2.32 |
| 52-Week Price Change | +84.80% |
| 50-Day Moving Average | 199.81 |
| 200-Day Moving Average | 168.29 |
| Relative Strength Index (RSI) | 60.68 |
| Average Volume (20 Days) | 1,806,809 |
Short Selling Information
The latest short interest is 3.79 million, so 1.74% of the outstanding shares have been sold short.
| Short Interest | 3.79M |
| Short Previous Month | 3.72M |
| Short % of Shares Out | 1.74% |
| Short % of Float | 1.77% |
| Short Ratio (days to cover) | 2.38 |
Income Statement
In the last 12 months, Targa Resources had revenue of $16.38 billion and earned $1.27 billion in profits. Earnings per share was $5.74.
| Revenue | 16.38B |
| Gross Profit | 5.68B |
| Operating Income | 2.70B |
| Pretax Income | 1.43B |
| Net Income | 1.27B |
| EBITDA | 4.13B |
| EBIT | 2.70B |
| Earnings Per Share (EPS) | $5.74 |
Balance Sheet
The company has $157.30 million in cash and $14.29 billion in debt, giving a net cash position of -$14.13 billion or -$64.80 per share.
| Cash & Cash Equivalents | 157.30M |
| Total Debt | 14.29B |
| Net Cash | -14.13B |
| Net Cash Per Share | -$64.80 |
| Equity (Book Value) | 4.42B |
| Book Value Per Share | 11.90 |
| Working Capital | -876.30M |
Cash Flow
In the last 12 months, operating cash flow was $3.65 billion and capital expenditures -$2.97 billion, giving a free cash flow of $683.90 million.
| Operating Cash Flow | 3.65B |
| Capital Expenditures | -2.97B |
| Free Cash Flow | 683.90M |
| FCF Per Share | $3.14 |
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 | 25.21% |
| EBIT Margin | 16.45% |
| FCF Margin | 4.17% |
Dividends & Yields
This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 1.46%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 1.46% |
| Dividend Growth (YoY) | 50.00% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 52.26% |
| Buyback Yield | 2.08% |
| Shareholder Yield | 3.54% |
| Earnings Yield | 2.83% |
| FCF Yield | 1.53% |
Analyst Forecast
The average price target for Targa Resources is $205.11, which is -0.52% lower than the current price. The consensus rating is "Strong Buy".
| Price Target | $205.11 |
| Price Target Difference | -0.52% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 18 |
| Revenue Growth Forecast (5Y) | 5.09% |
| EPS Growth Forecast (5Y) | 17.70% |
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 2.1 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.1 |
| Piotroski F-Score | 5 |