Targa Resources Statistics
Total Valuation
Targa Resources has a market cap or net worth of $34.57 billion. The enterprise value is $50.82 billion.
| Market Cap | 34.57B |
| Enterprise Value | 50.82B |
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 (%) | 1.52% |
| Owned by Institutions (%) | 92.89% |
| Float | 213.43M |
Valuation Ratios
The trailing PE ratio is 29.31 and the forward PE ratio is 19.76. Targa Resources's PEG ratio is 0.55.
| PE Ratio | 29.31 |
| Forward PE | 19.76 |
| PS Ratio | 2.16 |
| Forward PS | 1.61 |
| PB Ratio | 14.32 |
| P/TBV Ratio | 62.57 |
| P/FCF Ratio | 54.36 |
| P/OCF Ratio | 9.33 |
| PEG Ratio | 0.55 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.52, with an EV/FCF ratio of 79.47.
| EV / Earnings | 42.52 |
| EV / Sales | 3.10 |
| EV / EBITDA | 12.52 |
| EV / EBIT | 19.55 |
| EV / FCF | 79.47 |
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 +39.43% 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 | +39.43% |
| 50-Day Moving Average | 174.58 |
| 200-Day Moving Average | 176.91 |
| Relative Strength Index (RSI) | 40.14 |
| Average Volume (20 Days) | 2,193,434 |
Short Selling Information
The latest short interest is 4.28 million, so 1.97% of the outstanding shares have been sold short.
| Short Interest | 4.28M |
| Short Previous Month | 4.21M |
| Short % of Shares Out | 1.97% |
| Short % of Float | 2.00% |
| Short Ratio (days to cover) | 1.55 |
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 |
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 |
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 |
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 2.51%.
| Dividend Per Share | $4.00 |
| Dividend Yield | 2.51% |
| Dividend Growth (YoY) | 44.44% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 73.57% |
| Buyback Yield | 2.03% |
| Shareholder Yield | 4.52% |
| Earnings Yield | 3.44% |
| FCF Yield | 1.84% |
Analyst Forecast
The average price target for Targa Resources is $195.61, which is 22.76% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $195.61 |
| Price Target Difference | 22.76% |
| 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 2.15 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 |