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Targa Resources TRGP Book value per share

Book value per share at other companies

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OneokOKE
$35.40+1.5%
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Kinder MorganKMI
$14.08+2.2%
Antero Midstream Corporation logo
Antero Midstream CorporationAM
$4.05-6.0%
DT Midstream logo
DT MidstreamDTM
$46.28+2.2%
EOG Resources logo
EOG ResourcesEOG
$57.77+8.2%
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Devon EnergyDVN
$24.96+10.7%

Other financials

Income statement

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Revenue$4.1B-10.2%
Gross profit$1.7B+30.4%
Operating income$846.9M+55.9%
Net income$479.6M+77.3%
EPS (diluted)$2.21+143%

Balance sheet

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Cash & equivalents$100.1M-33.9%
Total debt$346.5M+17.0%
Total equity$3.1B+27.9%
Total assets$27.1B+18.9%

Cash flow

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Operating cash flow$739.5M-22.5%
CapEx$899.5M+13.5%
Free cash flow-$160.0M-199%

Valuation

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Market cap$55.5B+23.5%
Enterprise value$55.75B+23.6%
P/E26×-8.4×
P/S3.4×+0.6×

Profitability

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Gross margin41.8%+7.3pp
Operating margin21.9%+6.1pp
Net margin12.9%+4.9pp

Returns & leverage

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Return on equity76.3%+25.6pp
Debt / equity0.1×0.0×
Current ratio0.7×+0.1×

Where this comes from

Calculated from Targa Resources’s reported figures.

Based on the most recent quarter.

The official record: Targa Resources’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Targa Resources's book value per share?
Targa Resources (TRGP) reported book value per share of $14.55 in Q1 2026.
How has Targa Resources's book value per share changed year-over-year?
Targa Resources's book value per share increased by 29.8% year-over-year, from $11.21 to $14.55.
What is the long-term trend for Targa Resources's book value per share?
Over 5 years (2020 to 2025), Targa Resources's book value per share has grown at a 4.4% compound annual growth rate (CAGR), from $11.43 to $14.14.
What does book value per share mean?
The accounting net worth of the company behind each share.
How do you interpret book value per share?
A steadily rising book value per share reflects retained earnings compounding into equity. Compare against the share price (price-to-book) to gauge how the market values that book equity.
How does book value per share compare across companies?
Most meaningful for asset- and equity-heavy businesses (financials, industrials); less informative for asset-light firms whose value is intangible.