Targa Resources (TRGP) FCF Payout Ratio (2011 - 2021)
Targa Resources' (TRGP) FCF Payout Ratio stood at 0.25 in Q4 2021, compared with 0.01 a year earlier and up 306.4% from the prior quarter.
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Analysis
Targa Resources (TRGP) FCF Payout Ratio (2011 - 2021) Analysis & Trends
For FY2021, Targa Resources' FCF Payout Ratio came in at 0.10, up 606.8% from FY2020.
- Across earlier years, FCF Payout Ratio came in at 0.01 in FY2020.
- The Q4 2021 figure is the highest quarterly FCF Payout Ratio since Q1 2017.
- On a year-over-year basis, FCF Payout Ratio rose in two of the last four quarters, with growth averaging 38.2%.
- Per Business Quant, the preceding three quarters came in at 0.06 (Q3 2021), 0.04 (Q2 2021) and 0.04 (Q1 2021).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 1.87 |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 0.59 |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 0.46 |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 0.68 |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 1.25 |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | - |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | - |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 0.25 |
| Sep 30, 2021 | 0.06 |
| Jun 30, 2021 | 0.04 |
| Mar 31, 2021 | 0.04 |
| Dec 31, 2020 | 0.01 |
| Sep 30, 2020 | 0.02 |
| Jun 30, 2020 | 0.23 |
| Mar 31, 2020 | 0.03 |
| Dec 31, 2019 | 0.11 |
| Mar 31, 2017 | 1.14 |
| Dec 31, 2016 | 1.34 |
| Jun 30, 2016 | 0.61 |
| Mar 31, 2016 | 2.77 |
| Dec 31, 2015 | 0.96 |
| Sep 30, 2015 | 6.23 |
| Mar 31, 2015 | 1.03 |
| Dec 31, 2014 | 4.93 |
| Mar 31, 2014 | 0.21 |
| Mar 31, 2012 | 0.42 |
| Dec 31, 2011 | 0.14 |
API Access
Targa Resources FCF Payout Ratio 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=fcf-payout-ratio&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();