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Targa Resources TRGP Enterprise value

Enterprise value at other companies

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OneokOKE
$89.17B-2.9%
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$115.79B+9.7%
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$135.02B+10.6%
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Kinder MorganKMI
$103.29B+8.5%
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$8.68B+24.4%
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NextDecade CorporationNEXT
$11.36B+72.4%

Other financials

Income statement

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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

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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

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

Valuation

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Market cap$55.83B+57.8%
P/E24.6×+3.0×
P/S3.3×+1.3×

Profitability

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

Returns & leverage

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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.

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 enterprise value?
Targa Resources (TRGP) reported enterprise value of $77.24B in Q2 2026.
How has Targa Resources's enterprise value changed year-over-year?
Targa Resources's enterprise value increased by 111.2% year-over-year, from $36.58B to $77.24B.
What is the long-term trend for Targa Resources's enterprise value?
Over 5 years (2020 to 2025), Targa Resources's enterprise value has grown at a 57.2% compound annual growth rate (CAGR), from $5.89B to $56.57B.
What does enterprise value mean?
Market capitalization plus total debt minus cash, at the quarter end. The cost to acquire the whole business — what an buyer pays for equity and debt, net of the cash they'd inherit.

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