Skip to content
Screener

Asset turnover at other companies

Oneok logo
OneokOKE
0.5×+0.1×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
0.7×-0.1×
Energy Transfer logo
Energy TransferET
0.8×+0.1×
Kinder Morgan logo
Kinder MorganKMI
0.2×0.0×
MTD
Matador ResourcesMTDR
0.3×-0.1×
NextDecade Corporation logo
NextDecade CorporationNEXT

Other financials

Income statement

See full
Revenue$4.4B+4.2%
Gross profit$2.1B+17.2%
Operating income$1.2B+19.4%
Net income$764.6M+21.5%
EPS (diluted)$3.54+23.3%

Balance sheet

See full
Cash & equivalents$132.3M+17.0%
Total debt$19.8B+6,407%
Total equity$3.7B+41.3%
Total assets$28.5B+21.3%

Cash flow

See full
Operating cash flow$1.4B+67.9%
CapEx$1.0B+11.5%
Free cash flow$431.2M

Valuation

See full
Market cap$55.83B+57.8%
Enterprise value$75.51B+112%
P/E24.6×+3.0×
P/S3.3×+1.3×

Profitability

See full
Gross margin43.2%+7.5pp
Operating margin22.9%+5.3pp
Net margin13.5%+4.0pp
FCF margin4.8%-3.1pp

Returns & leverage

See full
Return on equity72.6%+7.8pp
Debt / equity5.4×+5.3×
Current ratio0.8×+0.1×

Where this comes from

Calculated from Targa Resources’s reported figures.

Based on trailing twelve months.

The source filing: Targa Resources’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 2:56 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-337729

FAQ

What is Targa Resources's asset turnover?
Targa Resources (TRGP) reported asset turnover of 0.6× in Q2 2026.
How has Targa Resources's asset turnover changed year-over-year?
Targa Resources's asset turnover decreased by 15.6% year-over-year, from 0.8× to 0.6×.
What is the long-term trend for Targa Resources's asset turnover?
Over 5 years (2020 to 2025), Targa Resources's asset turnover has grown at a 8.3% compound annual growth rate (CAGR), from 0.5× to 0.7×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.

Ask your AI about Targa Resources's asset turnover.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude