Targa Resources, Inc. TRGP
- Market cap
- $60.7B
- P/E
- 26.5×
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Targa Resources, Inc. (TRGP) EV/Sales
As of 25 September 2026, Targa Resources, Inc. (TRGP) trades at a EV/Sales of 4.7×. Over the past ten years it has ranged from 0.8× (January 2015) to 5.0× (August 2026); the current reading is higher than 99% of that period. That is above the Oil & Gas Midstream industry median of 3.9× and above the Energy sector median of 2.2×.
EV/Sales, daily
Annual
| 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
| 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 | Free account |
Against its own ten years
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 | 2.2× |
| LNG Cheniere Energy, Inc. compare | 3.7× |
| TRGP Targa Resources, Inc. | 4.7× |
| KMI Kinder Morgan, Inc. compare | 5.6× |
| MPLX MPLX LP compare | 6.2× |
| TRP TC Energy Corporation compare | 9.3× |
| WMB Williams Companies, Inc. (The) compare | 9.4× |
| Oil & Gas Midstream industry median | 3.9× |
| Energy sector median | 2.2× |
| Market median | 2.2× |
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)
More on TRGP
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement