TRGP Targa Resources Corp

Price (delayed)

$126.35

Market cap

$28.01B

P/E Ratio

25.84

Dividend/share

$2.25

EPS

$4.89

Enterprise value

$40.96B

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 33% from the previous quarter and by 24% YoY
The quick ratio rose by 14% YoY
The gross margin rose by 38% YoY but it fell by 4.5% QoQ
TRGP's gross profit is up by 8% YoY but it is down by 4.1% from the previous quarter
The company's net income fell by 30% YoY and by 16% QoQ
The company's revenue fell by 21% YoY

Key stats

What are the main financial stats of TRGP
Market
Shares outstanding
221.72M
Market cap
$28.01B
Enterprise value
$40.96B
Valuations
Price to book (P/B)
10.43
Price to sales (P/S)
1.75
EV/EBIT
18.55
EV/EBITDA
11.53
EV/Sales
2.54
Earnings
Revenue
$16.1B
EBIT
$2.21B
EBITDA
$3.55B
Free cash flow
$344.1M
Per share
EPS
$4.89
Free cash flow per share
$1.54
Book value per share
$12.12
Revenue per share
$72.27
TBVPS
$83.43
Balance sheet
Total assets
$20.85B
Total liabilities
$16.27B
Debt
$13.06B
Equity
$2.7B
Working capital
-$841.5M
Liquidity
Debt to equity
4.83
Current ratio
0.7
Quick ratio
0.57
Net debt/EBITDA
3.64
Margins
EBITDA margin
22.1%
Gross margin
25.6%
Net margin
7%
Operating margin
15.1%
Efficiency
Return on assets
5.4%
Return on equity
41.6%
Return on invested capital
7.9%
Return on capital employed
12.2%
Return on sales
13.7%
Dividend
Dividend yield
1.78%
DPS
$2.25
Payout ratio
46%

TRGP stock price

How has the Targa Resources stock price performed over time
Intraday
0.02%
1 week
6.18%
1 month
6.9%
1 year
75.61%
YTD
45.45%
QTD
12.82%

Financial performance

How have Targa Resources's revenue and profit performed over time
Revenue
$16.1B
Gross profit
$4.13B
Operating income
$2.43B
Net income
$1.12B
Gross margin
25.6%
Net margin
7%
The gross margin rose by 38% YoY but it fell by 4.5% QoQ
TRGP's operating margin is up by 36% year-on-year but it is down by 8% since the previous quarter
The company's net income fell by 30% YoY and by 16% QoQ
The company's revenue fell by 21% YoY

Growth

What is Targa Resources's growth rate over time

Valuation

What is Targa Resources stock price valuation
P/E
25.84
P/B
10.43
P/S
1.75
EV/EBIT
18.55
EV/EBITDA
11.53
EV/Sales
2.54
TRGP's EPS is up by 33% from the previous quarter and by 24% YoY
The price to earnings (P/E) is 16% higher than the last 4 quarters average of 22.3
The P/B is 117% above the 5-year quarterly average of 4.8 and 37% above the last 4 quarters average of 7.6
Targa Resources's equity has increased by 6% YoY
The stock's P/S is 119% more than its 5-year quarterly average of 0.8 and 46% more than its last 4 quarters average of 1.2
The company's revenue fell by 21% YoY

Efficiency

How efficient is Targa Resources business performance
TRGP's return on equity is up by 30% since the previous quarter and by 13% year-on-year
TRGP's ROA is up by 29% from the previous quarter and by 10% YoY
The company's return on invested capital fell by 21% YoY and by 10% QoQ
TRGP's ROS is up by 20% YoY but it is down by 8% from the previous quarter

Dividends

What is TRGP's dividend history
DPS
$2.25
Dividend yield
1.78%
Payout ratio
46%
Recent dividends

Financial health

How did Targa Resources financials performed over time
Targa Resources's total assets is 28% more than its total liabilities
The quick ratio rose by 14% YoY
TRGP's total liabilities is up by 11% year-on-year
Targa Resources's debt has increased by 7% YoY
Targa Resources's equity has increased by 6% YoY

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