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Price (delayed)
$160.05
Market cap
$34.72B
P/E Ratio
29.31
Dividend/share
$3.25
EPS
$5.46
Enterprise value
$50.78B
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
The company's net income rose by 16% YoY
TRGP's gross profit is up by 7% YoY
TRGP's EPS is up by 12% YoY but it is down by 5% from the previous quarter
Targa Resources's debt has increased by 24% YoY and by 14% QoQ
The quick ratio fell by 14% YoY and by 13% QoQ
Key stats
What are the main financial stats of TRGP
Market
Valuations
Earnings
Shares outstanding
216.93M
Market cap
$34.72B
Enterprise value
$50.78B
Price to earnings (P/E)
29.31
Price to book (P/B)
14.24
Price to sales (P/S)
2.13
EV/EBIT
21.01
EV/EBITDA
13.13
EV/Sales
3.1
Revenue
$16.38B
Gross profit
$4.44B
Operating income
$2.6B
Net income
$1.31B
EBIT
$2.42B
EBITDA
$3.87B
Free cash flow
$641.9M
Per share
Balance sheet
Liquidity
EPS
$5.46
EPS diluted
$5.43
Free cash flow per share
$2.95
Book value per share
$11.24
Revenue per share
$75.17
TBVPS
$95.94
Total assets
$22.8B
Total liabilities
$20.23B
Debt
$16.21B
Equity
$2.45B
Working capital
-$1.12B
Debt to equity
6.61
Current ratio
0.65
Quick ratio
0.49
Net debt/EBITDA
4.15
Margins
Efficiency
Dividend
EBITDA margin
23.6%
Gross margin
27.1%
Net margin
8%
Operating margin
15.9%
Return on assets
5.4%
Return on equity
47.8%
Return on invested capital
7.7%
Return on capital employed
12.3%
Return on sales
14.8%
Dividend yield
2.03%
DPS
$3.25
Payout ratio
59.5%
TRGP stock price
How has the Targa Resources stock price performed over time
Intraday
0.73%
1 week
-1.41%
1 month
-0.32%
1 year
42.33%
YTD
-10.34%
QTD
-20.16%
Financial performance
How have Targa Resources's revenue and profit performed over time
Revenue
$16.38B
Gross profit
$4.44B
Operating income
$2.6B
Net income
$1.31B
Gross margin
27.1%
Net margin
8%
The company's net income rose by 16% YoY
Targa Resources's net margin has increased by 14% YoY
The operating income is up by 7% year-on-year but it is down by 3.6% since the previous quarter
TRGP's gross profit is up by 7% YoY
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
29.31
P/B
14.24
P/S
2.13
EV/EBIT
21.01
EV/EBITDA
13.13
EV/Sales
3.1
TRGP's EPS is up by 12% YoY but it is down by 5% from the previous quarter
The price to earnings (P/E) is 4% lower than the last 4 quarters average of 30.3
The P/B is 94% above the 5-year quarterly average of 7.3
Targa Resources's equity has decreased by 9% YoY and by 5% from the previous quarter
The stock's P/S is 92% more than its 5-year quarterly average of 1.1 but 4.1% less than its last 4 quarters average of 2.2
Efficiency
How efficient is Targa Resources business performance
TRGP's return on equity is up by 15% year-on-year but it is down by 3.4% since the previous quarter
TRGP's ROS is up by 8% YoY
TRGP's ROA is down by 8% from the previous quarter
The company's return on invested capital fell by 4.9% QoQ and by 2.5% YoY
Dividends
What is TRGP's dividend history
DPS
$3.25
Dividend yield
2.03%
Payout ratio
59.5%
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 13% more than its total liabilities
TRGP's total liabilities is up by 24% year-on-year and by 10% since the previous quarter
The quick ratio fell by 14% YoY and by 13% QoQ
The debt to equity rose by 37% year-on-year and by 21% since the previous quarter
Targa Resources's debt has increased by 24% YoY and by 14% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.