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Friday 6 November 2026 Export TRGP’s income statement to Excel — free account

Targa Resources, Inc.

TRGP Energy Oil & Gas Midstream

Targa Resources, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $17.0 billion, up 3.95% from fiscal 2024.

Revenue
+34.9%
EPS
+38.0%
Free cash flow
+265.7%
Total debt
+13.8%

Quarter to September 2026, against a year earlier

265.64 6.18 −2.27%
Market cap
$58.3B
P/E
24.1×
Fwd P/E
27.8×
Dividend yield
1.74%
F-score
6/9
Altman Z
2.27
Beneish M
−3.05
Dividend safety
64/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Targa Resources, Inc. (TRGP) Book value per share

Alert me on Book value per share

Targa Resources, Inc.'s book value per share at the end of fiscal 2025 was 14.8×, down 26.2% from 20.1× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 18.5×. Over the past ten years it has ranged from 14.8× (fiscal 2025) to 117× (fiscal 2015) — the current reading is the lowest in ten years. Targa Resources, Inc. ranks 23rd of 57 Oil & Gas Midstream companies by book value per share.

Book value per share, annual

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Annual newest first

Period Book value per share Change
FY2025 14.8× (26.24%)
FY2024 20.1× (2.25%)
FY2023 20.5× (6.36%)
FY2022 21.9× (15.48%)
FY2021 25.9× (2.95%)
FY2020 26.7× (28.77%)
FY2019 37.5× 8.99%
FY2018 34.4× 2.13%
FY2017 33.7× (12.04%)
FY2016 38.3× (67.21%)

Quarterly newest first

Period Book value per share Change
Sep 2026 18.5× 4.39%
Jun 2026 17.7× 16.22%
Mar 2026 15.2× 2.83%
Dec 2025 14.8× 12.39%
43 more quarters

Against its own ten years

Low 14.8× High 117×
Ten-year median 26.7×
Current reading's percentile 9

Book value per share against peers

Company Book value per share
LNG Cheniere Energy, Inc. compare 58.0×
OKE ONEOK, Inc. compare 51.4×
TRP TC Energy Corporation compare 26.0×
TRGP Targa Resources, Inc. 18.5×
WMB Williams Companies, Inc. (The) compare 17.4×
KMI Kinder Morgan, Inc. compare 14.7×
EPD Enterprise Products Partners L.P. compare 14.4×
ET Energy Transfer LP compare 14.4×
MPLX MPLX LP compare 14.1×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

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