Targa Resources, Inc. TRGP
277.84
(5.31)
(1.88%)
as of 25 Sep
- Market cap
- $60.7B
- P/E
- 26.5×
Follow TRGP
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years
Targa Resources, Inc. (TRGP) Return on assets
Targa Resources, Inc.'s return on assets over the twelve months to 30 June 2026 was 8.67%, up 1.0 percentage points from fiscal 2025 (7.68%). Over the past ten years it has ranged from −9.71% (fiscal 2020) to 7.68% (fiscal 2025) — the current reading is the highest in ten years. That is above the Oil & Gas Midstream industry median of 5.00% and above the Energy sector median of 3.37%.
Return on assets, annual
Annual
| Period | Return on assets | Change (points) |
|---|---|---|
| FY2025 | 7.68% | 1.83 |
| FY2024 | 5.85% | 1.73 |
| FY2023 | 4.12% | (1.04) |
| FY2022 | 5.16% | 5.26 |
| FY2021 | −0.10% | 9.61 |
| FY2020 | −9.71% | (7.84) |
| FY2019 | −1.87% | (1.11) |
| FY2018 | −0.76% | (0.29) |
| FY2017 | −0.47% | 1.66 |
| FY2016 | −2.13% | (2.72) |
Against its own ten years
Low −9.71%
High 7.68%
Ten-year median
−0.10%
Current reading's percentile
100
Return on assets against peers
| Company | Return on assets |
|---|---|
| MPLX MPLX LP compare | 11.7% |
| TRGP Targa Resources, Inc. | 8.67% |
| EPD Enterprise Products Partners L.P. compare | 7.84% |
| LNG Cheniere Energy, Inc. compare | 6.27% |
| OKE ONEOK, Inc. compare | 5.49% |
| WMB Williams Companies, Inc. (The) compare | 5.26% |
| KMI Kinder Morgan, Inc. compare | 4.74% |
| ET Energy Transfer LP compare | 3.70% |
| TRP TC Energy Corporation compare | 2.89% |
| Oil & Gas Midstream industry median | 5.00% |
| Energy sector median | 3.37% |
| Market median | 0.00% |
What Return on assets is
ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.
Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)
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
- EV/Sales
- Return on equity
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement