Targa Resources
$279.31Change from previous close: +3.33%Absolute change: +$9.00
Valuation
Data as of October 2, 2026
Valuation multiples
- Market cap
- $59.89B
- Enterprise value
- $79.48B
- P/E (trailing 12 months)
- 26.7
- Forward P/E
- 23.1
- PEG
- 1.25
- Price/book
- 19.1
- Price/sales
- 3.58
- EV/EBITDA
- 14.5
- EV/revenue
- 4.75
Profitability and growth
- Gross margin
- 43.2%
- Operating margin
- 27.8%
- Net margin
- 13.5%
- ROE
- 70.8%
- ROA
- 9.2%
- Revenue growth (year over year)
- 4.2%
- Earnings growth (year over year)
- 23.3%
Financial health
- Total cash
- $132.3M
- Total debt
- $19.58B
- Debt/equity
- 5.16
- Current ratio
- 0.77
- Quick ratio
- 0.61
Dividends
- Annual dividend per share
- $5.00
- Dividend yield
- 1.8%
- Payout ratio
- 40.6%
- Ex-dividend date
- July 31, 2026
Analysts and estimates
- Average price target
- $325.14
- Median price target
- $325.00
- High price target
- $359.00
- Low price target
- $284.00
- Analysts with a price target
- 21
- Consensus
- Strong buy
- Forward EPS
- $12.08
- EPS estimate, current year
- $11.50
Shares and trading
- Beta
- 0.72
- Average volume
- 1.18M
- Shares outstanding
- 214.43M
- Float
- 211M
- Institutional ownership
- 97.4%
- Insider ownership
- 1.4%
- Short interest (% of float)
- 3.1%
- Short ratio (days)
- 4.70