Targa Resources Corp.
New York Stock ExchangeTotal Valuation
Targa Resources Corp. carries a market capitalization of 62.26B, placing it among publicly traded companies globally. Its enterprise value stands at 77.08B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 62.26B |
| Enterprise Value | 77.08B |
Share Statistics
Targa Resources Corp. currently has 214.42M shares outstanding.
| Shares Outstanding | 214.42M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Targa Resources Corp. trades at a trailing price-to-earnings ratio of 25.39. The price-to-sales ratio is 3.44, and the price-to-book ratio stands at 15.72.
| PE Ratio | 25.39 |
| PS Ratio | 3.44 |
| PB Ratio | 15.72 |
| P/TBV Ratio | 37.06 |
| P/FCF Ratio | 7.36 |
| P/OCF Ratio | 13.44 |
Enterprise Valuation
On an enterprise value basis, Targa Resources Corp. trades at an EV/EBITDA multiple of 14.04 and an EV/FCF ratio of 9.22. The EV/Sales ratio of 4.60 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 20.10 provides insight into valuation relative to core operating earnings.
| EV / Sales | 4.60 |
| EV / EBITDA | 14.04 |
| EV / EBIT | 20.10 |
| EV / FCF | 9.22 |
Financial Position
Targa Resources Corp. maintains a current ratio of 0.77, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 515.79, indicating elevated leverage, while an interest coverage ratio of 8.14 demonstrates adequate ability to service its debt obligations.
| Current Ratio | 0.77 |
| Quick Ratio | 0.61 |
| Debt / Equity | 515.79 |
| Debt / EBITDA | 3.57 |
| Interest Coverage | 8.14 |
Financial Efficiency
Targa Resources Corp. posts a return on equity of 72.63 and a return on invested capital of 14.06.
| Return on Equity (ROE) | 72.63 |
| Return on Assets (ROA) | 8.72 |
| Return on Invested Capital (ROIC) | 14.06 |
| Return on Capital Employed (ROCE) | 12.86 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 29.56 |
Taxes
Over the trailing twelve months, Targa Resources Corp. has paid 624.50M in income taxes, reflecting an effective tax rate of 21.32.
| Income Tax | 624.50M |
| Effective Tax Rate | 21.32 |
Stock Price Statistics
Targa Resources Corp.'s stock has gained approximately 80.69399% over the past 52 weeks. The 50-day moving average sits at 277.76, while the 200-day moving average is 237.97.
| Beta (5Y) | N/A |
| 52-Week Price Change | 80.69399% |
| 50-Day Moving Average | 277.76 |
| 200-Day Moving Average | 237.97 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Targa Resources Corp. generated 16.74B in revenue and converted that into 2.27B in net income, yielding earnings per share of 10.72. EBITDA reached 5.49B, while operating income came in at 3.84B.
| Revenue | 16.74B |
| Gross Profit | 5.58B |
| Operating Income | 3.84B |
| Pretax Income | 2.93B |
| Net Income | 2.27B |
| EBITDA | 5.49B |
| EBIT | 3.84B |
| Earnings Per Share (EPS) | 10.72 |
Balance Sheet
Targa Resources Corp. holds 132.30M in cash and equivalents against 19.58B in total debt, resulting in a net debt position of 18.65B. Total book value stands at 3.66B, with working capital of -782.00M providing operational flexibility.
| Cash & Cash Equivalents | 132.30M |
| Total Debt | 19.58B |
| Net Debt | 18.65B |
| Equity (Book Value) | 3.66B |
| Book Value Per Share | 17.05 |
| Working Capital | -782.00M |
Cash Flow
Targa Resources Corp. produced 4.29B in operating cash flow over the past twelve months. After subtracting -3.54B in capital expenditures, free cash flow totaled 740.90M - equivalent to 3.45 per share.
| Operating Cash Flow | 4.29B |
| Capital Expenditures | -3.54B |
| Free Cash Flow | 740.90M |
| FCF Per Share | 3.45 |
Margins
Targa Resources Corp. operates with a gross margin of 33.32, reflecting its pricing power and cost economics. The operating margin of 22.91 and net profit margin of 13.54 provide insight into operational efficiency.
| Gross Margin | 33.32 |
| Operating Margin | 22.91 |
| Pretax Margin | 17.50 |
| Profit Margin | 13.54 |
| EBITDA Margin | 32.79 |
Dividends & Yields
The company's payout ratio of 39.34 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 4.29 |
| Dividend Yield | N/A |
| Payout Ratio | 39.34 |
| Shareholder Yield | -1.36 |
| FCF Yield | 13.59 |
Scores
Targa Resources Corp. posts an Altman Z-Score of 2.63, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 2.63 |