Powerpack

Unlock full stockrow access for only $9.90/month and boost yourself as an investor.

  • Full quarterly history

    Every quarter and TTM period we hold, not just the last 12.

  • Analyst estimates

    Three years of forward estimates and dividend forecasts.

  • Unlimited screener

    All results, unlimited saved screens, email when a screen changes.

  • Unlimited Excel

    Full workbooks and screener exports.

  • Unlimited follows

See Powerpack
Screener Weekly Summary Pricing

Targa Resources, Inc. TRGP

Energy  —  Oil & Gas Midstream
277.84 (5.31) (1.88%) as of 25 Sep
Market cap
$60.7B
P/E
26.5×
S&P 500 Member Dividend Champion (5y) Cash Flow Champion (5y)
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Targa Resources, Inc. (TRGP) Return on invested capital

Targa Resources, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 10.3%, up 0.1 percentage points from fiscal 2025 (10.2%). Over the past ten years it has ranged from −5.94% (fiscal 2020) to 10.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Oil & Gas Midstream industry median of 6.13% and above the Energy sector median of 5.84%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2025 10.2% 1.03
FY2024 9.14% (0.28)
FY2023 9.42% 2.79
FY2022 6.63% 2.26
FY2021 4.37% 10.31
FY2020 −5.94% (6.68)
FY2019 0.74% (0.31)
FY2018 1.05% 1.69
FY2017 −0.64% (0.97)
FY2016 0.33% (0.50)

Against its own ten years

Low −5.94% High 10.2%
Ten-year median 1.05%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
LNG Cheniere Energy, Inc. compare 11.8%
TRGP Targa Resources, Inc. 10.3%
MPLX MPLX LP compare 9.45%
EPD Enterprise Products Partners L.P. compare 7.68%
OKE ONEOK, Inc. compare 7.02%
WMB Williams Companies, Inc. (The) compare 6.40%
ET Energy Transfer LP compare 5.72%
TRP TC Energy Corporation compare 5.39%
KMI Kinder Morgan, Inc. compare 5.02%
Oil & Gas Midstream industry median 6.13%
Energy sector median 5.84%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on TRGP