Fundamental analysis · SEC EDGAR · TTM through 31/03/2026
TRGP · NYSE · Natural Gas Transmission
Fundamental quality
52
out of 100
Source: SEC EDGAR · TTM through 31/03/2026
The score combines growth, profitability and financial strength. Here its profitability weighs in its favor, while its financial strength drags it down the most.
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2021 | 16,950 | 71 | 1,798 | 6,589 |
| 2022 | 20,930 | 1,196 | 1,047 | 11,317 |
| 2023 | 16,060 | 1,346 | 826 | 12,812 |
| 2024 | 16,382 | 1,312 | 684 | 14,017 |
| 2025 | 17,028 | 1,923 | 584 | 17,266 |
Between 2021 and 2025, revenue went from $16,950M to $17,028M (+0%) and net income went from $71M to $1,923M (+2601%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Is Targa Resources Corp. a profitable company?
Yes. Targa Resources Corp. shows a net margin of 12.9% and an ROE of 68%, a sign of a profitable business.
Does Targa Resources Corp. have a lot of debt?
Yes, its leverage is high: net debt is 3.68 times its EBITDA.
Is Targa Resources Corp. growing?
Its revenue has fallen 7% annualized in recent years.
Does Targa Resources Corp. generate cash?
Yes. It converts about 1.6% of its revenue into free cash flow.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
Is Targa Resources Corp. cheap or expensive?
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