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Targa Resources (TRGP)
NYSE:TRGP
Total Valuation
Targa Resources has a market cap or net worth of $35.59B. The enterprise value is $54.74B.
Market Cap$35.59B
Enterprise Value$54.74B
Share Statistics
Targa Resources has 217.59M shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding217.59M
Owened by Insiders1.51%
Owened by Instutions19.47%
Financial Efficiency
Targa Resources’s return on equity (ROE) is 0.49 and return on invested capital (ROIC) is 10.83%.
Return on Equity (ROE)49.34%
Return on Assets (ROA)5.63%
Return on Invested Capital (ROIC)10.83%
Return on Capital Employed (ROCE)13.78%
Revenue Per Employee$4,888,189.911
Profits Per Employee$389,347.181
Employee Count3,370
Asset Turnover0.72
Inventory Turnover36.27
Valuation Ratios
The current PE Ratio of Targa Resources is 30.73. Targa Resources’s PEG ratio is 0.53.
PE Ratio30.73
PS Ratio2.40
PB Ratio15.16
Price to Fair Value15.16
Price to FCF57.47
Price to Operating Cash Flow10.77
PEG Ratio0.53
Income Statement
In the last 12 months, Targa Resources had revenue of $16.47B and earned $1.31B in profits. Earnings per share was $5.92.
Revenue$16.47B
Gross Profit$3.48B
Operating Income$2.79B
Pretax Income$1.94B
Net Income$1.31B
EBITDA4.13B
Earnings Per Share (EPS)5.92
Cash Flow
In the last 12 months, operating cash flow was $3.65B and capital expenditures -$2.97B, giving a free cash flow of $683.90M billion.
Operating Cash Flow$3.65B
Free Cash Flow$683.90M
Free Cash Flow per Share$3.14
Dividends & Yields
Targa Resources pays an annual dividend of $1.00, resulting in a dividend yield of 1.83%
Dividend Per Share$1.00
Dividend Yield1.83%
Payout Ratio51.81%
Free Cash Flow Yield1.74%
Earnings Yield3.25%
Stock Price Statistics
Beta1.05
52-Week Price Change45.97%
50-Day Moving Average193.31
200-Day Moving Average170.93
Relative Strength Index (RSI)56.72
Average Volume (3m)2.37M
Important Dates
Targa Resources upcoming earnings date is May 1, 2025, Before Open.
Last Earnings DateFeb 20, 2025
Next Earnings DateMay 1, 2025
Ex-Dividend DateApr 30, 2025
Financial Position
Targa Resources as a current ratio of 0.72, with Debt / Equity ratio of 5.47
Current Ratio0.72
Quick Ratio0.62
Debt to Market Cap0.36
Net Debt to EBITDA3.40
Interest Coverage Ratio3.51
Taxes
In the past 12 months, Targa Resources has paid $384.40M in taxes.
Income Tax$384.40M
Effective Tax Rate19.84%
Enterprise Valuation
Targa Resources EV to EBITDA ratio is 12.92, with an EV/FCF ratio of 77.97.
EV to Sales3.26
EV to EBITDA12.92
EV to Free Cash Flow77.97
EV to Operating Cash Flow14.61
Balance Sheet
Targa Resources has $157.30M in cash and marketable securities with $14.27B in debt, giving a net cash position of $14.11B billion.
Cash & Marketable Securities$157.30M
Total Debt$14.27B
Net Cash$14.11B
Net Cash Per Share$64.84
Tangible Book Value Per Share$11.08
Margins
Gross margin is 25.98%, with operating margin of 16.45%, and net profit margin of 7.81%.
Gross Margin25.98%
Operating Margin16.45%
Pretax Margin11.83%
Net Profit Margin7.81%
EBITDA Margin25.20%
EBIT Margin16.51%
Analyst Forecast
The average price target for Targa Resources is $223.47, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price Target$223.47
Price Target Upside36.63%
Analyst ConsensusStrong Buy
Analyst Count16
Revenue Growth Forecast6.45%
EPS Growth Forecast56.33%