Targa Resources Return on Tangible Equity 2012-2026 | TRGP
Current and historical return on tangible equity values for Targa Resources (TRGP) over the last 10 years. Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.
| Targa Resources Return On Tangible Equity Historical Data | |||
|---|---|---|---|
| Date | TTM Net Income | Tangible Equity | Return on Tangible Equity |
| 2025-12-31 | $1.84B | $1.06B | 174.42% |
| 2025-09-30 | $1.62B | $1.28B | 126.90% |
| 2025-06-30 | $1.53B | $1.60B | 95.71% |
| 2025-03-31 | $1.20B | $1.92B | 62.57% |
| 2024-12-31 | $1.28B | $2.33B | 54.77% |
| 2024-09-30 | $1.24B | $2.29B | 54.37% |
| 2024-06-30 | $1.08B | $2.17B | 49.45% |
| 2024-03-31 | $1.11B | $2.13B | 51.95% |
| 2023-12-31 | $0.84B | $1.99B | 42.00% |
| 2023-09-30 | $0.87B | $1.99B | 43.67% |
| 2023-06-30 | $0.84B | $1.98B | 42.62% |
| 2023-03-31 | $0.89B | $2.32B | 38.38% |
| 2022-12-31 | $0.90B | $2.80B | 32.03% |
| 2022-09-30 | $0.24B | $3.45B | 7.05% |
| 2022-06-30 | $0.21B | $4.19B | 5.01% |
| 2022-03-31 | $-0.13B | $4.56B | -2.83% |
| 2021-12-31 | $-0.02B | $4.86B | -0.35% |
| 2021-09-30 | $0.32B | $4.86B | 6.54% |
| 2021-06-30 | $0.20B | $4.92B | 3.96% |
| 2021-03-31 | $0.21B | $4.99B | 4.21% |
| 2020-12-31 | $-1.69B | $5.05B | -33.35% |
| 2020-09-30 | $-1.83B | $5.59B | -32.70% |
| 2020-06-30 | $-1.95B | $6.12B | -31.81% |
| 2020-03-31 | $-2.04B | $6.65B | -30.60% |
| 2019-12-31 | $-0.34B | $6.76B | -4.96% |
| 2019-09-30 | $-0.33B | $6.43B | -5.08% |
| 2019-06-30 | $-0.30B | $5.94B | -5.08% |
| 2019-03-31 | $-0.18B | $5.42B | -3.36% |
| 2018-12-31 | $-0.12B | $5.22B | -2.28% |
| 2018-09-30 | $0.27B | $4.93B | 5.51% |
| 2018-06-30 | $0.13B | $4.70B | 2.75% |
| 2018-03-31 | $0.08B | $4.57B | 1.71% |
| 2017-12-31 | $-0.06B | $4.30B | -1.46% |
| 2017-09-30 | $-0.50B | $4.18B | -11.90% |
| 2017-06-30 | $-0.34B | $4.10B | -8.27% |
| 2017-03-31 | $-0.42B | $3.92B | -10.71% |
| 2016-12-31 | $-0.28B | $3.96B | -7.05% |
| 2016-09-30 | $-0.07B | $3.95B | -1.82% |
| 2016-06-30 | $-0.02B | $3.99B | -0.50% |
| 2016-03-31 | $0.05B | $4.06B | 1.18% |
| 2015-12-31 | $0.06B | $4.18B | 1.39% |
| 2015-09-30 | $0.06B | $3.66B | 1.56% |
| 2015-06-30 | $0.08B | $3.06B | 2.45% |
| 2015-03-31 | $0.09B | $2.42B | 3.56% |
| 2014-12-31 | $0.10B | $1.72B | 6.00% |
| 2014-09-30 | $0.10B | $1.59B | 6.10% |
| 2014-06-30 | $0.08B | $1.48B | 5.53% |
| 2014-03-31 | $0.07B | $1.38B | 5.14% |
| 2013-12-31 | $0.06B | $1.27B | 5.02% |
| 2013-09-30 | $0.06B | $1.18B | 4.65% |
| 2013-06-30 | $0.05B | $1.21B | 3.96% |
| 2013-03-31 | $0.04B | $1.28B | 3.27% |
| 2012-12-31 | $0.04B | $1.37B | 2.85% |
| 2012-09-30 | $0.04B | $1.43B | 2.58% |
| 2012-06-30 | $0.03B | $1.41B | 2.34% |
| 2012-03-31 | $0.04B | $1.36B | 2.58% |
| 2011-12-31 | $0.03B | $1.31B | 2.44% |
| 2011-09-30 | $0.01B | $1.24B | 1.13% |
| 2011-06-30 | $-0.01B | $0.91B | -1.10% |
| 2011-03-31 | $-0.21B | $0.58B | -36.76% |
| 2010-12-31 | $-0.22B | $0.26B | -84.94% |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Oils/Energy | Oil Refining & Marketing MLP | $52.216B | $17.028B |
| Targa Resources Corp. is a energy infrastructure company and provider of integrated midstream services in North America. The company primarily derives its revenues from gathering, compressing, treating, processing and selling natural gas. Targa Resources also provides services associated with natural gas liquids, including those to liquefied petroleum gas exporters and crude oil. The company has formidable position in the world's largest NGL hub - Mont Belvieu, TX. Further, the company owns state-of-the-art LPG export facilities on the Gulf Coast at its Galena Park Marine Terminal, which is interconnected to Mont Belvieu. The company also has a significant presence in the Permian basin - the region at the forefront of American energy growth. Targa Resources Grand Prix NGL pipeline out of the Permian helps it to bring gathering and processing volumes to Mont Belvieu fractionation and export facilities. Targa Resources has two main business segments in Gathering and Processing and Logistics and Transportation. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| Western Midstream Partners, LP (WES) | United States | $16.172B | 13.69 |
| Sunoco LP (SUN) | United States | $13.326B | 28.66 |
| Genesis Energy (GEL) | United States | $2.181B | 0.00 |
| NGL Energy Partners LP (NGL) | United States | $1.676B | 0.00 |
| Global Partners LP (GLP) | United States | $1.562B | 21.78 |
| Suburban Propane Partners (SPH) | United States | $1.309B | 10.17 |
| CrossAmerica Partners LP (CAPL) | United States | $0.820B | 119.44 |