Targa Historical Financial Ratios
| TRGP Stock | USD 205.57 0.61 0.30% |
Targa Resources is promptly reporting on over 114 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 19.06, Free Cash Flow Yield of 0.0165, Invested Capital of 0.0 or Operating Cash Flow Per Share of 12.61 will help investors to properly organize and evaluate Targa Resources financial condition quickly.
Targa |
About Targa Financial Ratios Analysis
Targa ResourcesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Targa Resources investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Targa financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Targa Resources history.
Targa Resources Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Targa Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Targa Resources sales, a figure that is much harder to manipulate than other Targa Resources multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Targa Resources dividend as a percentage of Targa Resources stock price. Targa Resources dividend yield is a measure of Targa Resources stock productivity, which can be interpreted as interest rate earned on an Targa Resources investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Targa Resources' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Targa Resources current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Targa Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Targa Stock, please use our How to Invest in Targa Resources guide.At this time, Targa Resources' Capex To Operating Cash Flow is relatively stable compared to the past year. As of 03/26/2025, PFCF Ratio is likely to grow to 60.35, while Days Sales Outstanding is likely to drop 24.95.
| 2022 | 2023 | 2025 (projected) | Dividend Yield | 0.0227 | 0.0219 | 0.0149 | Price To Sales Ratio | 0.8 | 1.21 | 2.52 |
Targa Resources fundamentals Correlations
Click cells to compare fundamentals
Targa Resources Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Targa Resources fundamentals Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Price To Sales Ratio | 0.74 | 0.7 | 0.8 | 1.21 | 2.4 | 2.52 | |
| Dividend Yield | 0.1 | 0.0646 | 0.0157 | 0.0227 | 0.0219 | 0.0149 | |
| Ptb Ratio | 2.07 | 4.32 | 6.27 | 7.12 | 15.16 | 9.05 | |
| Days Sales Outstanding | 38.12 | 28.68 | 24.56 | 33.43 | 36.06 | 24.95 | |
| Book Value Per Share | 26.72 | 25.93 | 21.92 | 20.53 | 20.06 | 19.06 | |
| Operating Cash Flow Per Share | 7.51 | 10.07 | 10.47 | 14.3 | 16.57 | 12.61 | |
| Stock Based Compensation To Revenue | 0.008014 | 0.003493 | 0.002747 | 0.003885 | 0.003858 | 0.002938 | |
| Capex To Depreciation | 1.1 | 0.58 | 1.22 | 1.79 | 2.08 | 1.41 | |
| Pb Ratio | 2.07 | 4.32 | 6.27 | 7.12 | 15.16 | 9.05 | |
| Free Cash Flow Per Share | 3.41 | 7.86 | 4.6 | 3.68 | 3.11 | 3.26 | |
| Roic | (0.0315) | 0.22 | 0.0952 | 0.0917 | 0.12 | 0.11 | |
| Inventory Turnover | 32.89 | 95.18 | 45.65 | 32.32 | 36.27 | 61.6 | |
| Net Income Per Share | (5.71) | 1.85 | 3.95 | 5.99 | 5.81 | 6.1 | |
| Days Of Inventory On Hand | 11.1 | 3.83 | 8.0 | 11.29 | 10.06 | 6.07 | |
| Payables Turnover | 7.16 | 10.41 | 12.41 | 7.62 | 6.03 | 5.72 | |
| Sales General And Administrative To Revenue | 0.0308 | 0.0161 | 0.0148 | 0.0217 | 0.0235 | 0.0181 | |
| Cash Per Share | 1.41 | 0.88 | 1.75 | 0.63 | 0.71 | 0.68 | |
| Pocfratio | 3.51 | 5.19 | 7.02 | 6.08 | 10.77 | 11.31 | |
| Interest Coverage | 9.74 | 3.32 | 3.88 | 3.82 | 3.51 | 2.16 | |
| Payout Ratio | (0.3) | 0.44 | 0.42 | 0.32 | 0.48 | 0.46 | |
| Capex To Operating Cash Flow | 0.55 | 0.22 | 0.56 | 0.74 | 0.81 | 0.83 | |
| Pfcf Ratio | 7.73 | 6.64 | 15.96 | 23.62 | 57.47 | 60.35 | |
| Days Payables Outstanding | 50.98 | 35.06 | 29.41 | 47.88 | 60.58 | 63.61 | |
| Income Quality | (1.32) | 5.46 | 1.55 | 2.03 | 2.35 | 3.68 | |
| Roe | 0.007924 | (0.45) | 0.15 | 0.34 | 0.49 | 0.52 | |
| Ev To Operating Cash Flow | 7.84 | 8.0 | 11.78 | 10.08 | 14.61 | 8.72 | |
| Pe Ratio | (4.62) | 28.29 | 18.63 | 14.5 | 30.73 | 29.19 | |
| Return On Tangible Assets | (0.0914) | 0.0299 | 0.0533 | 0.0735 | 0.0616 | 0.0647 | |
| Ev To Free Cash Flow | 17.26 | 10.24 | 26.81 | 39.19 | 77.97 | 81.87 | |
| Earnings Yield | (0.22) | 0.0353 | 0.0537 | 0.069 | 0.0325 | 0.0342 | |
| Intangibles To Total Assets | 0.12 | 0.0946 | 0.0871 | 0.072 | 0.087 | 0.088 | |
| Net Debt To E B I T D A | (24.14) | 3.81 | 4.01 | 3.24 | 3.4 | 2.77 | |
| Current Ratio | 0.51 | 0.89 | 0.82 | 0.77 | 0.72 | 1.09 | |
| Tangible Book Value Per Share | 20.77 | 21.14 | 9.89 | 10.06 | 11.08 | 10.53 | |
| Receivables Turnover | 9.57 | 12.73 | 14.86 | 10.92 | 10.12 | 13.65 | |
| Shareholders Equity Per Share | 12.73 | 12.08 | 11.73 | 12.2 | 11.77 | 11.36 |
Pair Trading with Targa Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Targa Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Targa Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Targa Stock
Moving against Targa Stock
The ability to find closely correlated positions to Targa Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Targa Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Targa Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Targa Resources to buy it.
The correlation of Targa Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Targa Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Targa Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Targa Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Targa Stock Analysis
When running Targa Resources' price analysis, check to measure Targa Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Targa Resources is operating at the current time. Most of Targa Resources' value examination focuses on studying past and present price action to predict the probability of Targa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Targa Resources' price. Additionally, you may evaluate how the addition of Targa Resources to your portfolios can decrease your overall portfolio volatility.