TRGP Targa Resources Corp
Price (delayed)
$181.91
Market cap
$39.68B
P/E Ratio
31.53
Dividend/share
$3
EPS
$5.77
Enterprise value
$53.69B
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 has soared by 56% YoY and by 3.4% from the previous quarter
TRGP's gross profit is up by 4.6% YoY and by 2.4% from the previous quarter
The company's net income rose by 4.1% QoQ but it fell by 2.5% YoY
The quick ratio rose by 3.7% QoQ but it fell by 3.4% YoY
The price to earnings (P/E) is 18% higher than the last 4 quarters average of 26.8
Targa Resources's debt has increased by 9% YoY
Key stats
What are the main financial stats of TRGP
Market
Valuations
Earnings
Shares outstanding
218.11M
Market cap
$39.68B
Enterprise value
$53.69B
Price to earnings (P/E)
31.53
Price to book (P/B)
15.3
Price to sales (P/S)
2.45
EV/EBIT
21.79
EV/EBITDA
13.81
EV/Sales
3.28
Revenue
$16.38B
Gross profit
$4.5B
Operating income
$2.7B
Net income
$1.31B
EBIT
$2.46B
EBITDA
$3.89B
Free cash flow
$687.2M
Per share
Balance sheet
Liquidity
EPS
$5.77
EPS diluted
$5.74
Free cash flow per share
$3.12
Book value per share
$11.89
Revenue per share
$74.39
TBVPS
$94.26
Total assets
$22.73B
Total liabilities
$18.32B
Debt
$14.17B
Equity
$2.59B
Working capital
-$876.3M
Debt to equity
5.47
Current ratio
0.72
Quick ratio
0.56
Net debt/EBITDA
3.61
Margins
Efficiency
Dividend
EBITDA margin
23.7%
Gross margin
27.5%
Net margin
8%
Operating margin
16.5%
Return on assets
5.9%
Return on equity
49.5%
Return on invested capital
8.1%
Return on capital employed
12.6%
Return on sales
15%
Dividend yield
1.65%
DPS
$3
Payout ratio
52%
TRGP stock price
How has the Targa Resources stock price performed over time
Intraday
-0.04%
1 week
-9.82%
1 month
-9.69%
1 year
73.69%
YTD
1.91%
QTD
1.91%
Financial performance
How have Targa Resources's revenue and profit performed over time
Revenue
$16.38B
Gross profit
$4.5B
Operating income
$2.7B
Net income
$1.31B
Gross margin
27.5%
Net margin
8%
TRGP's gross profit is up by 4.6% YoY and by 2.4% from the previous quarter
Targa Resources's net margin has decreased by 4.8% YoY but it has increased by 2.6% QoQ
The company's net income rose by 4.1% QoQ but it fell by 2.5% YoY
The operating income is up by 2.6% year-on-year and by 2.5% since the previous quarter
Growth
What is Targa Resources's growth rate over time
Valuation
What is Targa Resources stock price valuation
P/E
31.53
P/B
15.3
P/S
2.45
EV/EBIT
21.79
EV/EBITDA
13.81
EV/Sales
3.28
TRGP's EPS has soared by 56% YoY and by 3.4% from the previous quarter
The price to earnings (P/E) is 18% higher than the last 4 quarters average of 26.8
The P/B is 135% above the 5-year quarterly average of 6.5 and 26% above the last 4 quarters average of 12.1
Targa Resources's equity has decreased by 5% YoY
The stock's P/S is 145% more than its 5-year quarterly average of 1.0 and 29% more than its last 4 quarters average of 1.9
Efficiency
How efficient is Targa Resources business performance
TRGP's return on equity has surged by 55% year-on-year and by 4.4% since the previous quarter
TRGP's ROA is up by 40% YoY
The company's return on invested capital fell by 8% YoY
Dividends
What is TRGP's dividend history
DPS
$3
Dividend yield
1.65%
Payout ratio
52%
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 24% more than its total liabilities
TRGP's total liabilities is up by 14% year-on-year and by 5% since the previous quarter
Targa Resources's total assets has increased by 10% YoY and by 3.8% from the previous quarter
The debt to equity rose by 16% year-on-year
Targa Resources's debt has increased by 9% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.