Pricing Log in Create free account
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) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Targa Resources, Inc. (TRGP) trades at a EV/Sales of 4.9×. Over the past ten years it has ranged from 0.8× (January 2015) to 5.0× (August 2026); the current reading is higher than 100% of that period. That is above the Oil & Gas Midstream industry median of 3.9× and above the Energy sector median of 2.3×.

EV/Sales, daily

Embed this chart

Annual newest first

Period EV/Sales Change
FY2025 3.4× 3.08%
FY2024 3.3× 62.24%
FY2023 2.0× 53.39%
FY2022 1.3× 20.62%
FY2021 1.1× (34.32%)
FY2020 1.7× (15.70%)
FY2019 2.0× 41.59%
FY2018 1.4× (19.09%)
FY2017 1.7× (16.85%)
FY2016 2.1× 88.98%

Quarterly newest first

Period EV/Sales Change
Jun 2026 4.6× 4.49%
Mar 2026 4.4× 31.16%
Dec 2025 3.4× 9.28%
Sep 2025 3.1× (3.68%)
42 more quarters

Against its own ten years

Low 0.8× High 5.0×
Ten-year median 1.7×
Current reading's percentile 100

EV/Sales against peers

Company EV/Sales
ET Energy Transfer LP compare 1.3×
EPD Enterprise Products Partners L.P. compare 1.9×
OKE ONEOK, Inc. compare 2.3×
LNG Cheniere Energy, Inc. compare 3.9×
TRGP Targa Resources, Inc. 4.9×
KMI Kinder Morgan, Inc. compare 6.0×
MPLX MPLX LP compare 6.3×
TRP TC Energy Corporation compare 9.5×
WMB Williams Companies, Inc. (The) compare 9.6×
Oil & Gas Midstream industry median 3.9×
Energy sector median 2.3×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

More on TRGP