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Targa Resources Corp. (TRGP)

Natural Gas Transmission · Natural Gas Transmission · NYSE

$297.09

-0.23%

Investingg Score

52.2 / 100

Hold

Business overview

  • Revenue growth YoY of 3.9%
  • EPS growth YoY of 47.9%
  • Gross margin of 38.3%
  • Operating margin of 19.6%

These figures indicate modest top‑line growth, strong earnings acceleration and healthy profitability margins.

Financial health

  • Free cash flow margin of 3.4%
  • Free cash flow yield of 0.9%
  • Balance sheet score of 15 (low)

Low cash conversion and a weak balance‑sheet score raise concerns about financial resilience.

Gross Margin
38.3%
Operating Margin
19.6%
Current Ratio
0.7x
Debt / Equity
5.68
Free Cash Flow (TTM)
$0.6B
Interest Coverage
4x

Valuation

  • P/E ratio of 27.12
  • Forward P/E of 23.17
  • EV/EBITDA of 14.5
  • Price/Sales ratio of 3.76

Valuation multiples are moderate to elevated, reflecting market expectations for growth but indicating the stock may be pricey.

P/E (TTM)
27.1x
Forward P/E
23.2x
Price / Sales
3.8x
EV / EBITDA
14.5x
FCF Yield
0.9%

Key risks

  • Low balance sheet score (15) indicates potential financial risk.
  • Valuation multiples (e.g., P/E 27.12) are relatively high, suggesting price sensitivity.

Market cap $63.8B · data as of 2026-08-20

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Analyze TRGP with Investingg AI

Not investment advice. Investingg AI summarizes public data and AI-generated analysis for informational purposes only.