Price (delayed)

$65

Market cap

$14.73B

P/E Ratio

69.89

Dividend/share

$1.15

EPS

$0.93

Enterprise value

$22.03B

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

The company's net income has surged by 81% YoY

The company's revenue has surged by 78% YoY and by 14% QoQ

Targa Resources's equity has increased by 22% from the previous quarter but it has decreased by 5% YoY

The quick ratio rose by 6% YoY but it fell by 5% QoQ

The gross margin fell by 36% YoY and by 2.3% QoQ

Targa Resources's debt has increased by 7% YoY and by 2.9% QoQ

What are the main financial stats of TRGP

Market
Valuations
Earnings

Shares outstanding

226.56M

Market cap

$14.73B

Enterprise value

$22.03B

Price to earnings (P/E)

69.89

Price to book (P/B)

7.16

Price to sales (P/S)

0.71

EV/EBIT

21.48

EV/EBITDA

11.31

EV/Sales

1.05

Revenue

$20.92B

EBIT

$1.03B

EBITDA

$1.95B

Free cash flow

$1.66B

Per share
Balance sheet
Liquidity

EPS

$0.93

Free cash flow per share

$7.29

Book value per share

$9.08

Revenue per share

$91.82

TBVPS

$62.75

Total assets

$15.33B

Total liabilities

$10.93B

Debt

$7.46B

Equity

$2.07B

Working capital

-$989.3M

Debt to equity

3.6

Current ratio

0.69

Quick ratio

0.56

Net debt/EBITDA

3.75

Margins
Efficiency
Dividend

EBITDA margin

9.3%

Gross margin

12.9%

Net margin

2.6%

Operating margin

4.9%

Return on assets

1.4%

Return on equity

10.6%

Return on invested capital

5.6%

Return on capital employed

8.4%

Return on sales

4.9%

Dividend yield

1.77%

DPS

$1.15

Payout ratio

123.7%

How has the Targa Resources stock price performed over time

Intraday

2.01%

1 week

-5%

1 month

8.84%

1 year

51.59%

YTD

24.43%

QTD

8.93%

How have Targa Resources's revenue and profit performed over time

Revenue

$20.92B

Gross profit

$2.69B

Operating income

$1.02B

Net income

$553M

Gross margin

12.9%

Net margin

2.6%

The company's net income has surged by 81% YoY

The company's revenue has surged by 78% YoY and by 14% QoQ

TRGP's operating margin has dropped by 50% year-on-year but it is up by 9% since the previous quarter

The gross margin fell by 36% YoY and by 2.3% QoQ

What is Targa Resources's growth rate over time

What is Targa Resources stock price valuation

P/E

69.89

P/B

7.16

P/S

0.71

EV/EBIT

21.48

EV/EBITDA

11.31

EV/Sales

1.05

TRGP's EPS is up by 15% YoY

The P/B is 147% above the 5-year quarterly average of 2.9 and 2.3% above the last 4 quarters average of 7.0

Targa Resources's equity has increased by 22% from the previous quarter but it has decreased by 5% YoY

The company's revenue has surged by 78% YoY and by 14% QoQ

The stock's P/S is 21% less than its 5-year quarterly average of 0.9 and 11% less than its last 4 quarters average of 0.8

How efficient is Targa Resources business performance

The company's return on invested capital has surged by 143% QoQ and by 40% YoY

TRGP's ROS has soared by 113% from the previous quarter but it is down by 27% YoY

TRGP's return on equity is up by 36% year-on-year

TRGP's ROA is up by 17% YoY

What is TRGP's dividend history

DPS

$1.15

Dividend yield

1.77%

Payout ratio

123.7%

Recent dividends

How did Targa Resources financials performed over time

Targa Resources's total assets is 40% more than its total liabilities

The current ratio rose by 10% year-on-year and by 6% since the previous quarter

TRGP's total liabilities is up by 9% year-on-year but it is down by 3.1% since the previous quarter

Targa Resources's equity has increased by 22% from the previous quarter but it has decreased by 5% YoY

The debt to equity has declined by 16% since the previous quarter but it rose by 13% year-on-year

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