Price (delayed)
$143.93
Market cap
$31.53B
P/E Ratio
30.05
Dividend/share
$2.5
EPS
$4.79
Enterprise value
$44.93B
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 gross margin rose by 11% YoY
TRGP's EPS is up by 28% YoY but it is down by 2% from the previous quarter
The price to earnings (P/E) is 26% higher than the last 4 quarters average of 23.9
The company's net income fell by 18% YoY and by 2.7% QoQ
Key stats
What are the main financial stats of TRGP
Market
Valuations
Earnings
Shares outstanding
219.08M
Market cap
$31.53B
Enterprise value
$44.93B
Price to earnings (P/E)
30.05
Price to book (P/B)
12.93
Price to sales (P/S)
1.96
EV/EBIT
20.57
EV/EBITDA
12.67
EV/Sales
2.76
Revenue
$16.26B
EBIT
$2.18B
EBITDA
$3.55B
Free cash flow
$428.9M
Per share
Balance sheet
Liquidity
EPS
$4.79
Free cash flow per share
$1.94
Book value per share
$11.13
Revenue per share
$73.58
TBVPS
$86.43
Total assets
$21.26B
Total liabilities
$16.92B
Debt
$13.57B
Equity
$2.47B
Working capital
-$1.02B
Debt to equity
5.5
Current ratio
0.65
Quick ratio
0.48
Net debt/EBITDA
3.78
Margins
Efficiency
Dividend
EBITDA margin
21.8%
Gross margin
25.5%
Net margin
6.7%
Operating margin
14.8%
Return on assets
5.2%
Return on equity
41.2%
Return on invested capital
7.6%
Return on capital employed
11.9%
Return on sales
13.4%
Dividend yield
1.74%
DPS
$2.5
Payout ratio
52.2%
TRGP stock price
How has the Targa Resources stock price performed over time
Intraday
-1.92%
1 week
-2.02%
1 month
6.07%
1 year
68.67%
YTD
65.68%
QTD
11.76%
Financial performance
How have Targa Resources's revenue and profit performed over time
Revenue
$16.26B
Gross profit
$4.14B
Operating income
$2.41B
Net income
$1.09B
Gross margin
25.5%
Net margin
6.7%
The company's net income fell by 18% YoY and by 2.7% QoQ
Targa Resources's net margin has decreased by 11% YoY and by 4.3% QoQ
The gross margin rose by 11% YoY
The company's revenue fell by 9% YoY
Growth
What is Targa Resources's growth rate over time
Valuation
What is Targa Resources stock price valuation
P/E
30.05
P/B
12.93
P/S
1.96
EV/EBIT
20.57
EV/EBITDA
12.67
EV/Sales
2.76
TRGP's EPS is up by 28% YoY but it is down by 2% from the previous quarter
The price to earnings (P/E) is 26% higher than the last 4 quarters average of 23.9
The P/B is 144% above the 5-year quarterly average of 5.3 and 45% above the last 4 quarters average of 8.9
Targa Resources's equity has decreased by 9% from the previous quarter and by 8% YoY
The stock's P/S is 118% more than its 5-year quarterly average of 0.9 and 40% more than its last 4 quarters average of 1.4
The company's revenue fell by 9% YoY
Efficiency
How efficient is Targa Resources business performance
TRGP's return on equity is up by 25% year-on-year
TRGP's ROA is up by 18% YoY but it is down by 3.7% from the previous quarter
The company's return on invested capital fell by 11% YoY and by 3.8% QoQ
TRGP's ROS is up by 10% YoY but it is down by 2.2% from the previous quarter
Dividends
What is TRGP's dividend history
DPS
$2.5
Dividend yield
1.74%
Payout ratio
52.2%
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 26% more than its total liabilities
The quick ratio fell by 16% QoQ and by 4% YoY
TRGP's total liabilities is up by 13% year-on-year and by 4% since the previous quarter
The debt to equity rose by 19% year-on-year and by 14% since the previous quarter
Targa Resources's debt has increased by 9% YoY and by 3.9% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.