FrançaisTarga Resources (TRGP): financial analysis & fundamentals
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Valuation & profitability
| Metric | Value | What it means |
|---|---|---|
| P/E (price / earnings) | 28.1 | The higher, the more growth the market expects. |
| Forward P/E | 23.9 | On next year's expected earnings. Lower than current P/E = rising earnings. |
| PEG (P/E ÷ growth) | 1.21 | Below 1 = cheap given growth; above 2 = expensive. |
| Net margin | 14% | Share of revenue that ends up as profit. |
| Revenue growth | 4% | Pace of revenue growth. |
| Price-to-book | 19.8 | Price relative to book value. |
| Market cap | $62.0 B | Total market value of the company. |
| Dividend yield | 1.65% | Annual dividend ~$4.25/share relative to price. |
Income statement (by year)
| Year | Revenue | Net income | Net margin |
|---|---|---|---|
| 2022 | $20.9 B | $897 M | 4% |
| 2023 | $16.1 B | $836 M | 5% |
| 2024 | $16.4 B | $1.3 B | 8% |
| 2025 | $17.0 B | $1.9 B | 11% |
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Frequently asked questions
Is Targa Resources stock expensive?
Targa Resources has a P/E of 28.1 (forward P/E 23.9) and a PEG of 1.21. A PEG below 1 is rather cheap given growth, above 2 is expensive. Verdict: reasonable valuation.
What is Targa Resources's net margin?
Targa Resources's net margin is about 14% — the share of revenue that ends up as net profit.
What is Targa Resources's revenue?
Latest known revenue: $17.0 B for net income of $1.9 B. The year-by-year breakdown is in the income statement above.
What is Targa Resources's market cap?
Targa Resources (TRGP) has a market cap of about $62.0 B.
Does Targa Resources pay a dividend?
Yes: Targa Resources pays about $4.25/share per year, i.e. roughly a 1.65% yield at the current price.
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⚠️ Educational information, not investment advice. Data: Yahoo Finance, recomputed by JPI Invest. A stock can be « cheap » for a bad reason.