Targa Resources (TRGP) Payout Ratio (2011 - 2021)
Targa Resources' (TRGP) Payout Ratio was 0.23 for Q3 2021, down 15.0% from the prior quarter.
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Analysis
Targa Resources (TRGP) Payout Ratio (2011 - 2021) Analysis & Trends
For FY2015, Payout Ratio at Targa Resources was 8.58, up 158.4% from FY2014.
- By year, Payout Ratio came in at 3.32 in FY2014 (+146.3%), 1.35 in FY2013 (-17.4%), 1.63 in FY2012 (+31.2%) and 1.24 in FY2011.
- Five-year quarterly Payout Ratio spans a low of 0.15 in Q1 2021 and a high of 0.44 in Q1 2018.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.58 Bn | 100.18 Bn | 4.84 Bn |
| 2 | Williams Companies | 86.03 Bn | 84.75 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 80.00 Bn | 78.39 Bn | - |
| 4 | Kinder Morgan | 74.74 Bn | 74.44 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.45 Bn | 62.63 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.24 Bn | 60.32 Bn | 2.81 Bn |
| 7 | Targa Resources | 62.85 Bn | 62.33 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 59.18 Bn | 54.01 Bn | 5.29 Bn |
| 9 | Mplx | 59.17 Bn | 52.74 Bn | 2.91 Bn |
| 10 | Oneok | 58.67 Bn | 57.06 Bn | 2.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 0.23 |
| Jun 30, 2021 | 0.27 |
| Mar 31, 2021 | 0.15 |
| Sep 30, 2018 | 0.24 |
| Jun 30, 2018 | 0.42 |
| Mar 31, 2018 | 0.44 |
| Mar 31, 2016 | 11.49 |
| Dec 31, 2015 | 8.58 |
| Sep 30, 2015 | 10.87 |
| Jun 30, 2015 | 6.80 |
| Mar 31, 2015 | 4.65 |
| Dec 31, 2014 | 3.32 |
| Sep 30, 2014 | 1.11 |
| Jun 30, 2014 | 1.23 |
| Mar 31, 2014 | 1.36 |
| Dec 31, 2013 | 1.38 |
| Sep 30, 2013 | 1.50 |
| Jun 30, 2013 | 1.60 |
| Mar 31, 2013 | 1.70 |
| Dec 31, 2012 | 1.77 |
API Access
Targa Resources 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=payout-ratio&ticker=TRGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=payout-ratio&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();