Stock · TRGP · Energy
United States · Large Cap · listed since 2010 · Revenue 12 mo. $16.8B
Price as of 11/06/2026
Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America.
Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
Original text from the data provider
Summary
48.3 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €524.2M (2025), it supports €5.8B. The remaining €48.6B of the market value assume it grows more than 30% a year for 10 years and not at all afterwards.
Required FCF growth per year
over 30%
no growth afterwards
Price to operating cash flow 13.3×, above its usual range.
Middle half of 20 quarters: 6.1× to 10.2×, median 8.0×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
No indication in the stored figures.
with respect to the priced-in expectation
Since the last quarter
Q1 → Q2 2026
3 more unchanged: Revenue, 12 mo., Net debt, Shares outstanding
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 60.12% | 11.63% | Rank 95 |
| Return on capital (Greenblatt) | 16.71% | 11.00% | Rank 74 |
| EBIT margin | 20.11% | 14.02% | Rank 63 |
| FCF margin | 3.41% | 7.36% | Rank 23 |
| Gross margin | 26.51% | 23.60% | Rank 55 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 3.06% | −1.93% | Rank 62 |
| Earnings growth, 3 years per year | 20.17% | −10.72% | Rank 86 |
| Earnings growth, 5 years per yeardoes not count towards the rank | – | 14.99% | |
| Sustainable growth (ROE × retained earnings) | 19.45% | 9.68% | Rank 73 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 3.24% | 4.80% | Rank 19 |
| FCF yield | 0.96% | 5.05% | Rank 16 |
| EV/saleslower is better | 4.55 | 2.31 | Rank 20 |
| EV/EBITlower is better | 22.63 | 15.16 | Rank 25 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | 46.14% | 14.27% | Rank 82 |
| Share price, 6 months | 7.12% | −0.91% | Rank 73 |
| Share price, 3 months | 8.14% | 2.95% | Rank 69 |
| Distance from 52-week high | −16.00% | −17.83% | Rank 60 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 14.05% | 0.88% | Rank 9 |
| Change in share countlower is better | −2.85% | −0.04% | Rank 73 |
| Dividend streak in years | 4 | 3 | Rank 67 |
| Price reaction to results, market-adjusted | −5.12% | 0.36% | Rank 14 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 12.17% | 41.22% | Rank 2 |
| Net debt/EBITDAlower is better | 3.58 | 1.33 | Rank 19 |
| Debt to equitylower is better | 5.72 | 0.69 | Rank 1 |
| Volatility, 1 yearlower is better | 29.22% | 31.61% | Rank 66 |
Ten years in figures
| Year | Revenue, $B | EBIT margin | FCF | Shares | Net debt, $B |
|---|---|---|---|---|---|
| 2016 | 6.6 | 3.4% | $275.3M | 185M | 4.8 |
| 2017 | 8.9 | 3.6% | −$358.0M | 207M | 4.9 |
| 2018 | 10.6 | 4.9% | −$2.0B | 224M | 6.4 |
| 2019 | 8.7 | 2.2% | −$1.5B | 233M | 7.5 |
| 2020 | 8.3 | 15.3% | $792.9M | 232M | 7.6 |
| 2021 | 17.4 | 10.4% | $1.8B | 229M | 6.5 |
| 2022 | 21.7 | 11.5% | $1.0B | 231M | 11.3 |
| 2023 | 15.6 | 14.0% | $826.2M | 226M | 12.9 |
| 2024 | 16.6 | 17.7% | $683.9M | 221M | 14.1 |
| 2025 | 17.1 | 20.1% | $584.1M | 215M | 17.4 |
4 of 7 StockScorer Score rules met · How the score is built
Targa Resources Inc mainly meets criteria in the Momentum category. Result from 18 strategies checked.
Targa Resources Inc is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
4 of 7 rules met
5 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Targa Resources Inc.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 30.8 | 20.0 |
| P/B ratio | 18.5 | 2.3 |
| Return on equity (ROE) | 60.1% | 11.6% |
| Equity ratio | 12.2% | 41.2% |
| Debt-to-equity (D/E) | 5.72 | 0.69 |
| Dividend yield | 1.8% | 3.5% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| TRGP | Targa Resources Incthis page | |
| MPLX | MPLX LP | locked |
| LNG | Cheniere Energy Inc | locked |
| ET | Energy Transfer LP | locked |
| OKE | ONEOK Inc | locked |
| KMI | Kinder Morgan Inc | locked |
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Learn more about the metrics in the metrics glossary or all rated stocks in the stock overview.
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