TRGP Targa Resources Corp

Price (delayed)

$38.48

Market cap

$8.8B

P/E Ratio

44.23

Dividend/share

$0.4

EPS

$0.87

Enterprise value

$15.92B

Sector: Energy
Industry: Oil & Gas Midstream

Highlights

The company's net income has surged by 121% QoQ and by 117% YoY
TRGP's EPS has soared by 112% from the previous quarter and by 110% YoY
Targa Resources's equity has decreased by 24% YoY and by 13% from the previous quarter
The gross margin fell by 18% QoQ and by 2.5% YoY

Key stats

What are the main financial stats of TRGP
Market
Shares outstanding
228.65M
Market cap
$8.8B
Enterprise value
$15.92B
Valuations
Price to earnings (P/E)
44.23
Price to book (P/B)
3.83
Price to sales (P/S)
0.89
EV/EBIT
20.3
EV/EBITDA
9.79
EV/Sales
1.62
Earnings
Revenue
$9.84B
EBIT
$784.2M
EBITDA
$1.63B
Free cash flow
$1.27B
Per share
EPS
$0.87
Free cash flow per share
$5.54
Book value per share
$10.04
Revenue per share
$43.08
TBVPS
$62.58
Balance sheet
Total assets
$15.65B
Total liabilities
$10.13B
Debt
$7.37B
Equity
$2.3B
Working capital
-$356.2M
Liquidity
Debt to equity
3.21
Current ratio
0.8
Quick ratio
0.71
Net debt/EBITDA
4.38
Margins
EBITDA margin
16.5%
Gross margin
23.7%
Net margin
3.4%
Operating margin
11.4%
Efficiency
Return on assets
1.3%
Return on equity
7.8%
Return on invested capital
3.9%
Return on capital employed
5.6%
Return on sales
8%
Dividend
Dividend yield
1.04%
DPS
$0.4
Payout ratio
46%

TRGP stock price

How has the Targa Resources stock price performed over time
Intraday
2.67%
1 week
0.65%
1 month
17.17%
1 year
171.18%
YTD
45.87%
QTD
21.2%

Financial performance

How have Targa Resources's revenue and profit performed over time
Revenue
$9.84B
Gross profit
$2.33B
Operating income
$1.12B
Net income
$330.3M
Gross margin
23.7%
Net margin
3.4%
The operating income has soared by 186% since the previous quarter and by 157% year-on-year
TRGP's operating margin has soared by 172% since the previous quarter and by 149% year-on-year
The company's net income has surged by 121% QoQ and by 117% YoY
Targa Resources's net margin has surged by 118% QoQ and by 115% YoY

Growth

What is Targa Resources's growth rate over time

Valuation

What is Targa Resources stock price valuation
P/E
44.23
P/B
3.83
P/S
0.89
EV/EBIT
20.3
EV/EBITDA
9.79
EV/Sales
1.62
TRGP's EPS has soared by 112% from the previous quarter and by 110% YoY
The P/B is 119% above the 5-year quarterly average of 1.7 and 87% above the last 4 quarters average of 2.0
Targa Resources's equity has decreased by 24% YoY and by 13% from the previous quarter
The stock's P/S is 45% more than its last 4 quarters average of 0.6 but 13% less than its 5-year quarterly average of 1.0
The company's revenue rose by 19% QoQ and by 17% YoY

Efficiency

How efficient is Targa Resources business performance
The company's return on invested capital has surged by 157% QoQ and by 144% YoY
TRGP's ROS has soared by 147% from the previous quarter and by 135% YoY
TRGP's return on equity has surged by 118% year-on-year and by 113% since the previous quarter
TRGP's ROA has soared by 112% from the previous quarter and by 112% YoY

Dividends

What is TRGP's dividend history
DPS
$0.4
Dividend yield
1.04%
Payout ratio
46%
Recent dividends

Financial health

How did Targa Resources financials performed over time
Targa Resources's total assets is 55% more than its total liabilities
The current ratio has declined by 22% year-on-year and by 2.4% since the previous quarter
The quick ratio rose by 15% QoQ and by 4.4% YoY
Targa Resources's equity has decreased by 24% YoY and by 13% from the previous quarter
The debt to equity rose by 23% year-on-year and by 10% since the previous quarter

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