TRGP Targa Resources Corp

Price (delayed)

$275.79

Market cap

$59.14B

P/E Ratio

26.29

Dividend/share

$4.5

EPS

$10.49

Enterprise value

$78.58B

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 79

Targa Resources Corp. is a leading provider of midstream services and is one of the largest independent midstream infrastructure companies in North America. The Company owns, operates, acquires and develops ...

Highlights
TRGP's EPS is up by 50% YoY and by 7% from the previous quarter
Targa Resources's equity has increased by 41% YoY and by 17% from the previous quarter
The price to earnings (P/E) is 10% higher than the last 4 quarters average of 23.8 but 10% lower than the 5-year quarterly average of 29.1
Targa Resources's debt has increased by 16% YoY and by 2.3% QoQ

Key stats

What are the main financial stats of TRGP

TRGP stock price

How has the Targa Resources stock price performed over time
Intraday
3.34%
1 week
7.37%
1 month
-2.06%
1 year
66.63%
YTD
49.48%
QTD
2.85%

Financial performance

How have Targa Resources's revenue and profit performed over time
Revenue
$16.74B
Gross profit
$5.87B
Operating income
$3.84B
Net income
$2.27B
Gross margin
35.1%
Net margin
13.5%
Targa Resources's net margin has increased by 41% YoY and by 4.7% QoQ
The company's net income rose by 38% YoY and by 6% QoQ
TRGP's operating margin is up by 30% year-on-year and by 4.6% since the previous quarter
The operating income is up by 28% year-on-year and by 6% since the previous quarter

Price vs fundamentals

How does TRGP's price correlate with its fundamentals

Growth

What is Targa Resources's growth rate over time

Valuation

What is Targa Resources stock price valuation
P/E
26.29
P/B
16.19
P/S
3.54
EV/EBIT
20.71
EV/EBITDA
14.43
EV/Sales
4.69
TRGP's EPS is up by 50% YoY and by 7% from the previous quarter
The price to earnings (P/E) is 10% higher than the last 4 quarters average of 23.8 but 10% lower than the 5-year quarterly average of 29.1
The P/B is 56% above the 5-year quarterly average of 10.4 and 9% above the last 4 quarters average of 14.8
Targa Resources's equity has increased by 41% YoY and by 17% from the previous quarter
The stock's P/S is 121% more than its 5-year quarterly average of 1.6 and 26% more than its last 4 quarters average of 2.8

Efficiency

How efficient is Targa Resources business performance
TRGP's ROS is up by 34% YoY and by 4.6% from the previous quarter
TRGP's ROA is up by 28% YoY
TRGP's return on equity is up by 20% year-on-year but it is down by 2.7% since the previous quarter
The company's return on invested capital rose by 11% YoY

Dividends

What is TRGP's dividend history
DPS
$4.5
Dividend yield
1.63%
Payout ratio
42.9%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Targa Resources financials performed over time
Targa Resources's total assets is 15% more than its total liabilities
The quick ratio rose by 27% YoY and by 15% QoQ
Targa Resources's total assets has increased by 21% YoY and by 5% from the previous quarter
Targa Resources's equity has increased by 41% YoY and by 17% from the previous quarter
The debt to equity has declined by 18% year-on-year and by 12% since the previous quarter

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.