Targa Resources Corp. Website

Targa Resources Corp.

NYSE-TRGP

Basic

  • Market Cap

    $29.7B

  • EV

    $44.6B

  • Shares Out

    221.72M

  • Revenue

    $16.1B

  • Employees

    3,182

Margins

  • Gross

    32.46%

  • EBITDA

    23.48%

  • Operating

    15.08%

  • Pre-Tax

    10.51%

  • Net

    6.98%

  • FCF

    2.1%

Returns (5Yr Avg)

  • ROA

    0.65%

  • ROTA

    12.68%

  • ROE

    5.45%

  • ROCE

    9.64%

  • ROIC

    7.39%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    $135.6

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

    $109.9M

  • Net Debt

    $13.02B

  • Debt/Equity

    2.87

  • EBIT/Interest

    3.25

Growth (CAGR)

  • Rev 3Yr

    17.82%

  • Rev 5Yr

    9.29%

  • Rev 10Yr

    8.36%

  • Dil EPS 3Yr

    75.1%

  • Dil EPS 5Yr

    43.51%

  • Dil EPS 10Yr

    11.09%

  • Rev Fwd 2Yr

    17.99%

  • EBITDA Fwd 2Yr

    10.46%

  • EPS Fwd 2Yr

    38.43%

  • EPS LT Growth Est

    21.12%

Dividends

  • Yield

  • Payout

    45.88%

  • DPS

    $2.25

  • DPS Growth 3Yr

    77.84%

  • DPS Growth 5Yr

    -9.17%

  • DPS Growth 10Yr

    -0.47%

  • DPS Growth Fwd 2Yr

    36.13%

Select a metric from the list below to chart it

Dec '14

Dec '15

Dec '16

Dec '17

Dec '18

Dec '19

Dec '20

Dec '21

Dec '22

Dec '23

LTM

Dec '24 (E)

Dec '25 (E)

Dec '26 (E)

Total Revenues

8,671.1

8,260.3

16,949.8

20,929.8

16,060.3

16,102.2

Total Revenues % Chg.

-17.3%

-4.7%

105.2%

23.5%

-23.3%

-21.4%

Cost of Goods Sold, Total

6,208

5,186.5

13,729.5

16,882.1

10,676.4

10,875.4

Gross Profit

2,463.1

3,073.8

3,220.3

4,047.7

5,383.9

5,226.8

Selling General & Admin Expenses, Total

984.1

953

1,020.2

1,222.5

1,426.6

1,450.5

Depreciation & Amortization

959.1

865.1

870.6

1,096

1,329.6

1,345.3

Other Operating Expenses

0.2

2.6

12.4

0.2

1.5

2.1

Other Operating Expenses, Total

1,943.4

1,820.7

1,903.2

2,318.7

2,757.7

2,797.9

Operating Income

519.7

1,253.1

1,317.1

1,729

2,626.2

2,428.9

Interest Expense, Total

-337.8

-391.3

-387.9

-446.1

-687.8

-748.4

Net Interest Expenses

-337.8

-391.3

-387.9

-446.1

-687.8

-748.4

Income (Loss) On Equity Invest.

39

72.6

-23.9

9.1

9

12

Other Non Operating Income (Expenses)

3.7

0.5

-15.1

-2.8

1.9

EBT, Excl. Unusual Items

220.9

938.1

905.8

1,276.9

1,944.6

1,694.4

Merger & Related Restructuring Charges

Impairment of Goodwill

Gain (Loss) On Sale Of Investments

69.3

435.9

Gain (Loss) On Sale Of Assets

-71.1

-58.4

Asset Writedown

-255.7

-2,498.4

-452.3

Insurance Settlements

Other Unusual Items

-10.1

45.6

-16.6

-49.6

-2.1

-2.1

EBT, Incl. Unusual Items

-46.7

-1,573.1

436.9

1,663.2

1,942.5

1,692.3

Income Tax Expense

-87.9

-248.1

14.8

131.8

363.2

335.6

Earnings From Continuing Operations

41.2

-1,325

422.1

1,531.4

1,579.3

1,356.7

Minority Interest

-250.4

-228.9

-350.9

-335.9

-233.4

-232.6

Net Income

-209.2

-1,553.9

71.2

1,195.5

1,345.9

1,124.1

Preferred Dividend and Other Adjustments

124.8

130.9

87.3

298.7

517.7

27

Net Income to Common Incl Extra Items

-334

-1,684.8

-16.1

896.8

828.2

1,097.1

Net Income to Common Excl. Extra Items

-334

-1,684.8

-16.1

896.8

828.2

1,097.1

Total Shares Outstanding

232.8

228.1

228.2

226

222.6

222.2

Weighted Avg. Shares Outstanding

232.5

232.2

228.6

227.3

224.6

223.7

Weighted Avg. Shares Outstanding Dil

232.5

232.2

228.6

231.1

226

224.6

EPS

-1.4

-7.3

-0.1

3.9

3.7

4.9

EPS Diluted

-1.4

-7.3

-0.1

3.9

3.7

4.9

EBITDA

1,483.5

2,121.8

2,191.7

2,829.8

3,961.7

3,780.1

Effective Tax Rate

188.2%

15.8%

3.4%

7.9%

18.7%

19.8%