Skip to content

Quick ratio at other companies

Oneok logo
OneokOKE
0.6×0.0×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
0.6×0.0×
Energy Transfer logo
Energy TransferET
0.9×0.0×
Kinder Morgan logo
Kinder MorganKMI
0.4×+0.1×
MPLX logo
MPLXMPLX
0.0×
Antero Midstream Corporation logo
Antero Midstream CorporationAM
-0.4×

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

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

Returns & leverage

See full
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 →

Ask your AI about Targa Resources's quick ratio.

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

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Targa Resources's quick ratio?
Targa Resources (TRGP) reported quick ratio of 0.6× in Q1 2026.
How has Targa Resources's quick ratio changed year-over-year?
Targa Resources's quick ratio increased by 8.9% year-over-year, from 0.6× to 0.6×.
What is the long-term trend for Targa Resources's quick ratio?
Over 5 years (2020 to 2025), Targa Resources's quick ratio has grown at a -5.4% compound annual growth rate (CAGR), from 0.7× to 0.5×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.