Targa Resources, Inc. TRGP

277.84 (5.31) (1.88%) as of 25 Sep
Market cap
$60.7B
P/E
26.5×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Targa Resources, Inc. (TRGP) P/S ratio

As of 25 September 2026, Targa Resources, Inc. (TRGP) trades at a P/S ratio of 3.6×. Over the past ten years it has ranged from 0.1× (February 2016) to 3.9× (August 2026); the current reading is higher than 99% of that period. That is above the Oil & Gas Midstream industry median of 2.6× and above the Energy sector median of 1.7×.

P/S ratio, daily

Annual

Period P/S ratio Change
FY2025 2.3× (2.42%)
FY2024 2.4× 98.53%
FY2023 1.2× 57.51%
FY2022 0.8× 8.90%
FY2021 0.7× (4.99%)
FY2020 0.7× (32.26%)
FY2019 1.1× 42.13%
FY2018 0.8× (33.15%)
FY2017 1.2× (13.89%)
FY2016 1.3× 515.46%

Quarterly

Period P/S ratio Change
Jun 2026 3.4× 5.70%
Mar 2026 3.3× 38.89%
Dec 2025 2.3× 12.85%
Sep 2025 2.1× (6.03%)
42 more quarters

Against its own ten years

Low 0.1× High 3.9×
Ten-year median 1.0×
Current reading's percentile 99

P/S ratio against peers

Company P/S ratio
ET Energy Transfer LP compare 0.6×
EPD Enterprise Products Partners L.P. compare 1.4×
OKE ONEOK, Inc. compare 1.4×
LNG Cheniere Energy, Inc. compare 2.6×
TRGP Targa Resources, Inc. 3.6×
KMI Kinder Morgan, Inc. compare 3.8×
MPLX MPLX LP compare 4.4×
TRP TC Energy Corporation compare 5.4×
WMB Williams Companies, Inc. (The) compare 6.9×
Oil & Gas Midstream industry median 2.6×
Energy sector median 1.7×
Market median 2.0×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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