Targa Resources Statistics
Total Valuation
Targa Resources has a market cap or net worth of $58.38 billion. The enterprise value is $76.44 billion.
| Market Cap | 58.38B |
| Enterprise Value | 76.44B |
Important Dates
The last earnings date was Thursday, May 7, 2026, before market open.
| Earnings Date | May 7, 2026 |
| Ex-Dividend Date | Apr 30, 2026 |
Share Statistics
Targa Resources has 214.64 million shares outstanding. The number of shares has decreased by -1.80% in one year.
| Current Share Class | 214.64M |
| Shares Outstanding | 214.64M |
| Shares Change (YoY) | -1.80% |
| Shares Change (QoQ) | -0.09% |
| Owned by Insiders (%) | 1.42% |
| Owned by Institutions (%) | 98.63% |
| Float | 211.37M |
Valuation Ratios
The trailing PE ratio is 27.74 and the forward PE ratio is 23.86. Targa Resources's PEG ratio is 1.56.
| PE Ratio | 27.74 |
| Forward PE | 23.86 |
| PS Ratio | 3.47 |
| Forward PS | 2.75 |
| PB Ratio | 18.31 |
| P/TBV Ratio | 61.38 |
| P/FCF Ratio | 219.22 |
| P/OCF Ratio | 15.51 |
| PEG Ratio | 1.56 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.65, with an EV/FCF ratio of 291.88.
| EV / Earnings | 36.06 |
| EV / Sales | 4.62 |
| EV / EBITDA | 14.65 |
| EV / EBIT | 20.98 |
| EV / FCF | 291.88 |
Financial Position
The company has a current ratio of 0.72, with a Debt / Equity ratio of 5.85.
| Current Ratio | 0.72 |
| Quick Ratio | 0.53 |
| Debt / Equity | 5.85 |
| Debt / EBITDA | 3.54 |
| Debt / FCF | 73.05 |
| Interest Coverage | 4.13 |
Financial Efficiency
Return on equity (ROE) is 74.10% and return on invested capital (ROIC) is 13.40%.
| Return on Equity (ROE) | 74.10% |
| Return on Assets (ROA) | 9.13% |
| Return on Invested Capital (ROIC) | 13.40% |
| Return on Capital Employed (ROCE) | 15.37% |
| Weighted Average Cost of Capital (WACC) | 7.17% |
| Revenue Per Employee | $4.64M |
| Profits Per Employee | $593,754 |
| Employee Count | 3,570 |
| Asset Turnover | 0.66 |
| Inventory Turnover | 32.66 |
Taxes
In the past 12 months, Targa Resources has paid $581.40 million in taxes.
| Income Tax | 581.40M |
| Effective Tax Rate | 21.17% |
Stock Price Statistics
The stock price has increased by +61.34% 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 | +61.34% |
| 50-Day Moving Average | 245.36 |
| 200-Day Moving Average | 195.23 |
| Relative Strength Index (RSI) | 69.38 |
| Average Volume (20 Days) | 1,225,445 |
Short Selling Information
The latest short interest is 5.41 million, so 2.52% of the outstanding shares have been sold short.
| Short Interest | 5.41M |
| Short Previous Month | 4.58M |
| Short % of Shares Out | 2.52% |
| Short % of Float | 2.56% |
| Short Ratio (days to cover) | 4.10 |
Income Statement
In the last 12 months, Targa Resources had revenue of $16.56 billion and earned $2.12 billion in profits. Earnings per share was $9.80.
| Revenue | 16.56B |
| Gross Profit | 6.92B |
| Operating Income | 3.64B |
| Pretax Income | 2.75B |
| Net Income | 2.12B |
| EBITDA | 5.22B |
| EBIT | 3.64B |
| Earnings Per Share (EPS) | $9.80 |
Balance Sheet
The company has $100.10 million in cash and $19.13 billion in debt, with a net cash position of -$19.03 billion or -$88.67 per share.
| Cash & Cash Equivalents | 100.10M |
| Total Debt | 19.13B |
| Net Cash | -19.03B |
| Net Cash Per Share | -$88.67 |
| Equity (Book Value) | 3.27B |
| Book Value Per Share | 14.61 |
| Working Capital | -957.70M |
Cash Flow
In the last 12 months, operating cash flow was $3.70 billion and capital expenditures -$3.44 billion, giving a free cash flow of $261.90 million.
| Operating Cash Flow | 3.70B |
| Capital Expenditures | -3.44B |
| Depreciation & Amortization | 1.57B |
| Net Borrowing | 2.80B |
| Free Cash Flow | 261.90M |
| FCF Per Share | $1.22 |
Margins
Gross margin is 41.77%, with operating and profit margins of 22.00% and 12.87%.
| Gross Margin | 41.77% |
| Operating Margin | 22.00% |
| Pretax Margin | 16.58% |
| Profit Margin | 12.87% |
| EBITDA Margin | 31.50% |
| EBIT Margin | 22.00% |
| FCF Margin | 1.58% |
Dividends & Yields
This stock pays an annual dividend of $5.00, which amounts to a dividend yield of 1.84%.
| Dividend Per Share | $5.00 |
| Dividend Yield | 1.84% |
| Dividend Growth (YoY) | 30.77% |
| Years of Dividend Growth | 4 |
| Payout Ratio | 43.35% |
| Buyback Yield | 1.80% |
| Shareholder Yield | 3.66% |
| Earnings Yield | 3.69% |
| FCF Yield | 0.46% |
Analyst Forecast
The average price target for Targa Resources is $258.40, which is -5.00% lower than the current price. The consensus rating is "Strong Buy".
| Price Target | $258.40 |
| Price Target Difference | -5.00% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 16 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 2.12 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.12 |
| Piotroski F-Score | 6 |