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Saturday 17 October 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. In the quarter to June 2026, revenue grew 4.23%, EPS grew 22.9%, free cash flow grew 1,002.1% and total debt rose 16.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, operating cash flow growth for five.

294.21 11.66 +4.13%
Market cap
$60.6B
P/E
28.0×
Fwd P/E
24.7×
Dividend yield
1.53%
F-score
6/9
Altman Z
2.27
Beneish M
−3.05
Dividend safety
64/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

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 June 2026 it was 17.7×. 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 58 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
Jun 2026 17.7× 16.22%
Mar 2026 15.2× 2.83%
Dec 2025 14.8× 12.39%
Sep 2025 13.2× 5.19%
42 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 55.0×
OKE ONEOK, Inc. compare 36.5×
TRP TC Energy Corporation compare 26.0×
TRGP Targa Resources, Inc. 17.7×
KMI Kinder Morgan, Inc. compare 14.8×
ET Energy Transfer LP compare 14.7×
EPD Enterprise Products Partners L.P. compare 14.4×
MPLX MPLX LP compare 14.0×
WMB Williams Companies, Inc. (The) compare 12.6×

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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