Targa Resources (TRGP) EV to CFO (2010 - 2026)
Targa Resources' EV to CFO came in at 13.42 for Q2 2026, up 31.6% from 10.19 a year earlier but down 7.8% from the prior quarter.
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Analysis
Targa Resources (TRGP) EV to CFO (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Targa Resources reported EV to CFO of 13.33, up 32.3% year-over-year; for FY2025, it came in at 10.10, down 9.1% from FY2024.
- Going back by year, EV to CFO was 11.11 in FY2024 (+69.3%), 6.56 in FY2023 (-16.5%), 7.86 in FY2022 (+21.2%) and 6.48 in FY2021 (+25.4%).
- The five-year range for quarterly EV to CFO is 5.82 (Q3 2021) to 14.55 (Q1 2026).
- Year-over-year, EV to CFO increased in six of the last eight quarters, with growth averaging 22.9%.
- The fastest year-over-year change in EV to CFO over five years came in Q4 2024 (growth of 69.3%), and the weakest in Q1 2023 (a decline of 20.9%).
- Business Quant data shows TRGP's EV to CFO at 14.55 (Q1 2026), 10.10 (Q4 2025) and 9.63 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.46 Bn | 104.34 Bn | 4.35 Bn |
| 2 | Williams Companies | 84.36 Bn | 87.15 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 80.12 Bn | 78.52 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 69.50 Bn | 69.59 Bn | 2.97 Bn |
| 5 | Energy Transfer | 66.92 Bn | 63.02 Bn | 6.57 Bn |
| 6 | Tc Energy | 66.06 Bn | 69.71 Bn | - |
| 7 | Targa Resources | 60.35 Bn | 59.56 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 59.93 Bn | 59.50 Bn | 2.97 Bn |
| 9 | Mplx | 57.44 Bn | 51.69 Bn | 3.19 Bn |
| 10 | Oneok | 55.08 Bn | 63.62 Bn | 2.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.47 |
| Jun 30, 2026 | 13.40 |
| Mar 31, 2026 | 14.52 |
| Dec 31, 2025 | 10.06 |
| Sep 30, 2025 | 9.60 |
| Jun 30, 2025 | 10.17 |
| Mar 31, 2025 | 11.67 |
| Dec 31, 2024 | 11.09 |
| Sep 30, 2024 | 10.37 |
| Jun 30, 2024 | 9.50 |
| Mar 31, 2024 | 9.10 |
| Dec 31, 2023 | 6.52 |
| Sep 30, 2023 | 7.44 |
| Jun 30, 2023 | 6.52 |
| Mar 31, 2023 | 6.42 |
| Dec 31, 2022 | 7.78 |
| Sep 30, 2022 | 6.65 |
| Jun 30, 2022 | 6.57 |
| Mar 31, 2022 | 8.17 |
| Dec 31, 2021 | 6.46 |
API Access
Targa Resources EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();