Targa Resources Statistics
Total Valuation
Targa Resources has a market cap or net worth of $63.79 billion. The enterprise value is $83.50 billion.
| Market Cap | 63.79B |
| Enterprise Value | 83.50B |
Important Dates
The last earnings date was Thursday, November 5, 2026, before market open.
| Earnings Date | Nov 5, 2026 |
| Ex-Dividend Date | Oct 30, 2026 |
Share Statistics
Targa Resources has 214.55 million shares outstanding. The number of shares has decreased by -1.06% in one year.
| Current Share Class | 214.55M |
| Shares Outstanding | 214.55M |
| Shares Change (YoY) | -1.06% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 1.45% |
| Owned by Institutions (%) | 98.84% |
| Float | 211.16M |
Valuation Ratios
The trailing PE ratio is 26.31 and the forward PE ratio is 24.00. Targa Resources's PEG ratio is 0.99.
| PE Ratio | 26.31 |
| Forward PE | 24.00 |
| PS Ratio | 3.50 |
| Forward PS | 2.80 |
| PB Ratio | 16.66 |
| P/TBV Ratio | 35.10 |
| P/FCF Ratio | 68.16 |
| P/OCF Ratio | 12.60 |
| PEG Ratio | 0.99 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.31, with an EV/FCF ratio of 89.26.
| EV / Earnings | 34.23 |
| EV / Sales | 4.58 |
| EV / EBITDA | 14.31 |
| EV / EBIT | 20.35 |
| EV / FCF | 89.26 |
Financial Position
The company has a current ratio of 0.74, with a Debt / Equity ratio of 5.01.
| Current Ratio | 0.74 |
| Quick Ratio | 0.59 |
| Debt / Equity | 5.01 |
| Debt / EBITDA | 3.30 |
| Debt / FCF | 21.25 |
| Interest Coverage | 4.48 |
Financial Efficiency
Return on equity (ROE) is 73.42% and return on invested capital (ROIC) is 13.79%.
| Return on Equity (ROE) | 73.42% |
| Return on Assets (ROA) | 9.52% |
| Return on Invested Capital (ROIC) | 13.79% |
| Return on Capital Employed (ROCE) | 15.95% |
| Weighted Average Cost of Capital (WACC) | 7.22% |
| Revenue Per Employee | $5.09M |
| Profits Per Employee | $682,017 |
| Employee Count | 3,570 |
| Asset Turnover | 0.68 |
| Inventory Turnover | 25.42 |
Taxes
In the past 12 months, Targa Resources has paid $664.90 million in taxes.
| Income Tax | 664.90M |
| Effective Tax Rate | 21.05% |
Stock Price Statistics
The stock price has increased by +74.31% in the last 52 weeks. The beta is 0.74, so Targa Resources's price volatility has been lower than the market average.
| Beta (5Y) | 0.74 |
| 52-Week Price Change | +74.31% |
| 50-Day Moving Average | 288.87 |
| 200-Day Moving Average | 264.30 |
| Relative Strength Index (RSI) | 54.30 |
| Average Volume (20 Days) | 1,386,055 |
Short Selling Information
The latest short interest is 5.59 million, so 2.61% of the outstanding shares have been sold short.
| Short Interest | 5.59M |
| Short Previous Month | 5.65M |
| Short % of Shares Out | 2.61% |
| Short % of Float | 2.65% |
| Short Ratio (days to cover) | 4.76 |
Income Statement
In the last 12 months, Targa Resources had revenue of $18.19 billion and earned $2.43 billion in profits. Earnings per share was $11.30.
| Revenue | 18.19B |
| Gross Profit | 7.61B |
| Operating Income | 4.09B |
| Pretax Income | 3.16B |
| Net Income | 2.43B |
| EBITDA | 5.82B |
| EBIT | 4.09B |
| Earnings Per Share (EPS) | $11.30 |
Balance Sheet
The company has $142.60 million in cash and $19.84 billion in debt, with a net cash position of -$19.70 billion or -$91.83 per share.
| Cash & Cash Equivalents | 142.60M |
| Total Debt | 19.84B |
| Net Cash | -19.70B |
| Net Cash Per Share | -$91.83 |
| Equity (Book Value) | 3.96B |
| Book Value Per Share | 17.79 |
| Working Capital | -1.01B |
Cash Flow
In the last 12 months, operating cash flow was $5.05 billion and capital expenditures -$4.12 billion, giving a free cash flow of $933.80 million.
| Operating Cash Flow | 5.05B |
| Capital Expenditures | -4.12B |
| Depreciation & Amortization | 1.73B |
| Net Borrowing | 1.87B |
| Free Cash Flow | 933.80M |
| FCF Per Share | $4.35 |
Margins
Gross margin is 41.82%, with operating and profit margins of 22.51% and 13.46%.
| Gross Margin | 41.82% |
| Operating Margin | 22.51% |
| Pretax Margin | 17.37% |
| Profit Margin | 13.46% |
| EBITDA Margin | 32.02% |
| EBIT Margin | 22.51% |
| FCF Margin | 5.13% |
Dividends & Yields
This stock pays an annual dividend of $5.00, which amounts to a dividend yield of 1.68%.
| Dividend Per Share | $5.00 |
| Dividend Yield | 1.68% |
| Dividend Growth (YoY) | 26.67% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 42.03% |
| FCF Payout Ratio | 109.14% |
| Buyback Yield | 1.06% |
| Shareholder Yield | 2.74% |
| Earnings Yield | 3.80% |
| FCF Yield | 1.47% |
Analyst Forecast
The average price target for Targa Resources is $332.62, which is 11.87% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $332.62 |
| Price Target Difference | 11.87% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 22 |
| Revenue Growth Forecast (3Y) | 17.75% |
| EPS Growth Forecast (3Y) | 18.88% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
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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 2.35 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.35 |
| Piotroski F-Score | 5 |