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 |
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 |
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 2.53%.
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% |
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 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 |